FINANCIAL PERFORMANCE ANALYSIS AS AN INDICATOR OF COMPANY HEALTH AT PT APEXINDO PRATAMA DUTA TBK FROM 2015 TO 2024

Abstract

This study aims to analyze financial performance as an indicator of corporate health at PT Apexindo Pratama Duta Tbk during the period 2015–2024. The analysis was conducted using three groups of financial ratios, namely profitability, solvency, and liquidity ratios, which represent the company's ability to generate profits, manage its capital structure, and meet its short-term obligations, respectively. The data used is secondary data in the form of annual financial reports obtained from the Indonesia Stock Exchange. The analysis method used is quantitative descriptive analysis with a comparison of financial ratio trends over nine years. The results of the study show that the financial performance of PT Apexindo Pratama Duta Tbk fluctuated during the research period. The profitability ratio reached its highest point in 2020, indicating efficient asset and capital management, but declined again in the following years. The solvency ratio showed an improving trend with a decrease in debt dependence, while the liquidity ratio showed a significant increase after 2019, indicating the company's improved ability to meet its short-term obligations. Overall, the company's financial condition showed improvement, although cash management efficiency and profitability stability still need to be improved to support the sustainability of future financial performance.