Open AccessFinancial Ratio Analysis Of State-Owned Enterprises (Soe) In The City Of Palembang
Author(s) -
Muhammad Ichsan Siregar,
Afriyadi Cahyadi,
Alghifari Mahdi Igamo,
Abdullah Saggaf,
Rifani Akbar Sulbahri
Publication year - 2022
Publication title -
jurnal keuangan dan bisnis/jurnal keuangan dan bisnis
Language(s) - English
Resource type - Journals
eISSN - 2580-1236
pISSN - 1693-8224
DOI - 10.32524/jkb.v20i1.336
Subject(s) - solvency , profitability index , business , return on equity , debt to equity ratio , solvency ratio , return on assets , debt ratio , finance , equity ratio , debt , debt to capital ratio , population , market liquidity , nonprobability sampling , demography , sociology
This study aims to determine the solvency and profitability of State-Owned Enterprises (SOE) in the city of palembang. This study uses a quantitative descriptive approach. The population of this research is State-Owned Enterprises (SOE) and the sampling method was PT. Pupuk Sriwidjadja (Persero) and PT. Semen Baturaja (Persero) was period 2014-2018. The solvency ability of PT Pupuk Sriwidjadja (Persero), seen from the Debt to Asset Ratio and Debt to Equity Ratio, was in a bad condition from 2014-2018. Meanwhile, the ability of profitability to return on assets and return on equity has decreased period 2014-2018. The solvency ability of PT Semen Baturaja (Persero) seen from the Debt to Asset Ratio period 2014-2017 is in good condition. Meanwhile, in 2018 it was quite good and the Debt to Equity Ratio was in good condition in 2014-2018. Meanwhile, the ability of profitability to return on assets and return on equity has decreased period 2014-2018. The limitations of this study are of the many existing financial ratios, researchers only use the solvency and profitability ratios that represent each variable, the research period was only conducted for 4 years from 2014 to 2018, the sample used in this study is a state-owned company in the city of Palembang. The contribution of this research is related to the analysis of debt and income used by the Palembang city state-owned enterprises.Keywords: Solvency, Profitability, State-Owned Enterprises (SOE)