Open AccessANALYSIS OF FINANCIAL STATEMENTS PT KERETA API INDONESIA (Persero)
Author(s) -
Agus Jamaludin,
Toto Widiarto,
Juni Mashita
Publication year - 2020
Publication title -
international journal of engineering technologies and management research
Language(s) - English
Resource type - Journals
ISSN - 2454-1907
DOI - 10.29121/ijetmr.v6.i9.2019.577
Subject(s) - asset turnover , accounts receivable , business , solvency ratio , debt to capital ratio , debt ratio , return on equity , profit margin , solvency , balance sheet , inventory turnover , finance , market liquidity , profitability index , financial ratio , current ratio , return on assets , debt , debt to equity ratio , equity ratio , nonprobability sampling , population , demography , sociology
This research was obtained from the report of the Indonesia Railway Corporation's BalanceSheet and Profit in 2018, then the title is: Analysis of the Financial Statements of PT. RailroadIndonesia. The aim is to find out the performance of PT Kereta Api Indonesia in terms ofliquidity, solvency, activities and profitability. The research method is Library Research byexposing existing data in the form of Balance Sheet and Income reports via the internet wherethe data are in the form of quantitative data and in the form of descriptive. Financial statementanalysis is performed to determine the company's financial performance, can also be used as areference in making decisions that affect the company's future. The result is that liquidity:current ratio = 1.336, Quick ratio = 11.221.049.9, cash ratio = 0.543 and working capital =0.077. The solvability is: total debt to equity ratio = 2.63, total debt to total asset ratio = 0.625,long term to total asset ratio = 1.66, Tangible Asset dept coverage = 1.94, Time interest earnedRatio = 0.064. Its activities are: Total asset turnover = 0.256, accounts receivable turnover =2.67, accounts receivable collection period = 134.78, inventory turnover = 0, fixed assetsturnover = 0.370. While the profitability are: Gross profit Margin = 1, Net Profit Margin =0.099, operational profit Margin = 0.141, Return on Investment = 0.020 and return on equity =0.07.