ANALYSIS OF LIQUIDITY, SOLVENCY, ACTIVITIES, AND PROFITABILITY ON THE FINANCIAL PERFORMANCE OF PT TELEKOMUNIKASI INDONESIA (PERSERO) TBK.

Abstract

The purpose of this study is to find out the financial condition of PT Telekomunikasi Indonesia (Persero) Tbk. based on its financial performance. Financial performance is measured using an analysis of liquidity, solvency, activity, and profitability ratios. This study uses the profit and loss statement and balance sheet statement of PT Telekomunikasi Indonesia (Persero) Tbk. for the 2019-2023 period as the research object. This study uses a quantitative approach with a descriptive method from the calculation of financial ratio analysis on the income statement and balance sheet statement of PT Telekomunikasi Indonesia (Persero) Tbk. for the 2019-2023 period. This study resulted in the conclusion that based on the liquidity ratio in that period, the financial condition of PT Telekomunikasi Indonesia (Persero) Tbk. was not in good condition due to high current debt. In terms of solvency ratio, the financial condition is not in good condition due to the high total debt. In terms of activity ratio, the financial condition of PT Telekomunikasi Indonesia (Persero) Tbk. is not in good condition due to low revenue. In terms of profitability ratio, the financial condition is not good because the net profit obtained is not large enough. Although the net profit obtained is low, the net profit margin of PT Telekomunikasi Indonesia (Persero) Tbk. has a fairly good value so that the financial condition is in good condition based on the net profit margin. Overall, PT Telekomunikasi Indonesia Tbk.'s financial performance is in poor condition due to high debt and low revenue.