ANALISIS RASIO KEUANGAN UNTUK MENGUKUR KINERJA KEUANGAN PADA PT SURYA TOTO INDONESIA TBK PERIODE 2014-2024

Abstract

This study aims to determine the financial performance of PT Surya Toto Indonesia Tbk for the period 2014-2024 by measuring financial ratio analysis. The method used in this study is a descriptive quantitative method, data analysis techniques using solvency ratio analysis, liquidity ratio, activity ratio and profitability ratio. The results of the study showed variations in conditions. The average Debt to Asset Ratio (DAR) of 36.12% with an industry standard of 35% is categorized as unhealthy, while the Debt to Equity Ratio (DER) of 57.48% with an industry standard of 90% is in a very healthy condition. Current Ratio (CR) and Quick Ratio (QR) are 312.72% and 177.87% respectively, with an industry standard of CR 200% and QR 150%, indicating a very healthy condition in terms of liquidity. From the activity ratio, Total Asset Turn Over (TATO) and Fixed Asset Turn Over (FATO) are 7 times and 14 times respectively, with the industry standard TATO 2 times and FATO 5 times, above the standard and categorized as very healthy. However, the profitability ratio, namely Return on Equity (ROE) and Return on Asset (ROA), only reached 12.84% and 8.09% respectively, with the industry standard ROE 30% and QR 40% which means it is still below the industry standard and categorized as less healthy.