Open AccessKinerja Keuangan PT Waskita Karya (Persero) Tbk
Author(s) -
Muhammad Manar Barmawi
Publication year - 2021
Publication title -
telaah bisnis/telaah bisnis
Language(s) - English
Resource type - Journals
eISSN - 2541-6790
pISSN - 1411-6375
DOI - 10.35917/tb.v21i2.219
Subject(s) - inventory turnover , business , return on equity , asset turnover , accounting , return on assets , finance , business administration , stock exchange
This research aims to measure the financial performance of PT. Waskita Karya (Persero) Tbk. The analysis was carried out based on the Decree of the Minister of State Owned Enterprise (SOE) Number:KEP-100/MBU/2002 concerning the Assessment of SOE Soundness Levels. The indicators used to measure the level of financial soundness are the return on equity (ROE), return on investment (ROI), cash ratio, current ratio, collection periods, inventory turnover, total asset turnover and equity to total assets ratio. PT Waskita Karya (Persero) Tbk financial soundness level tended to decline, namely from A (sound) in 2018 and then decreased to BBB (less sound) in 2019.