Analisis Kinerja Keuangan pada PT Kimia Farma Tbk (Periode 2019-2021)
DOI:
https://doi.org/10.35870/ljit.v2i2.2703Keywords:
Financial Performance, Profitability Ratios, Liquidity RatiosAbstract
This study aims to analyze the financial performance of PT Kimia Farma Tbk during the period of 2019-2021 with a focus on profitability and liquidity ratios. The profitability ratios used in this analysis include Return on Assets (ROA), Return on Equity (ROE), and Gross Profit Margin (GPM). Meanwhile, the liquidity ratios analyzed are the Current Ratio and Quick Ratio. The data used in this research were taken from the annual financial reports of PT Kimia Farma Tbk published during that period. The results of the analysis indicate that PT Kimia Farma Tbk experienced fluctuations in profitability and liquidity performance over the past three years. ROA and ROE showed a significant decrease in 2020 due to the impact of the COVID-19 pandemic, but began to show signs of recovery in 2021. Gross Profit Margin also experienced a decrease in 2020, but there was a slight increase in 2021. On the liquidity side, the Current Ratio and Quick Ratio indicate that the company has adequate ability to meet its short-term obligations, although there was a decrease in 2020 due to a decline in revenue and an increase in operating costs during the pandemic. Overall, this research provides insights into how PT Kimia Farma Tbk managed their financial performance during a challenging period and demonstrates the company's efforts in post-pandemic recovery. This study is expected to serve as a reference for the company's management and other stakeholders in making strategic decisions to improve financial performance in the future.
Downloads
References
Brigham, E. F., & Houston, J. F. (2018). Dasar-Dasar Manajemen Keuangan. Jakarta. Salemba Empat.
Davis, L. (2019). Leverage Keuangan. Dalam Ensiklopedia Strategi Manajemen Palgrave. Pustaka Macmillan, Cham.
Gitman, L. J., & Zutter, C. J. (2019). Prinsip-Prinsip Keuangan Manajerial. Jakarta. Salemba Empat.
Musthafa, B. (2017). Manajemen Keuangan. Yogyakarta. CV Andi Offset.
Scott, D., & Baker, H. (2017). Pokok-Pokok Keuangan Perusahaan. Jakarta. Erlangga.
Situs resmi Bursa Efek Indonesia. www.idx.co.id
Sugiyono. (2018). Metode Penelitian Kuantitatif, Kualitatif. R & D. Bandung. Alfabeta. IKAPI
Downloads
Published
Issue
Section
License
Copyright (c) 2024 Herlina Gani, Frances Roi Seston Tampubolon
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
1. Copyright Retention and Open Access License
Authors retain copyright of their work and grant the journal non-exclusive right of first publication under the Creative Commons Attribution 4.0 International License (CC BY 4.0).
This license allows unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2. Rights Granted Under CC BY 4.0
Under this license, readers are free to:
- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material for any purpose, including commercial use
- No additional restrictions — the licensor cannot revoke these freedoms as long as license terms are followed
3. Attribution Requirements
All uses must include:
- Proper citation of the original work
- Link to the Creative Commons license
- Indication if changes were made to the original work
- No suggestion that the licensor endorses the user or their use
4. Additional Distribution Rights
Authors may:
- Deposit the published version in institutional repositories
- Share through academic social networks
- Include in books, monographs, or other publications
- Post on personal or institutional websites
Requirement: All additional distributions must maintain the CC BY 4.0 license and proper attribution.
5. Self-Archiving and Pre-Print Sharing
Authors are encouraged to:
- Share pre-prints and post-prints online
- Deposit in subject-specific repositories (e.g., arXiv, bioRxiv)
- Engage in scholarly communication throughout the publication process
6. Open Access Commitment
This journal provides immediate open access to all content, supporting the global exchange of knowledge without financial, legal, or technical barriers.
