ANALYSIS OF LIQUIDITY RATIO FINANCIAL STATEMENTS IN PT. FINANSIA MULTI FINANCE (CREDIT PLUS) TO ASSESS COMPANY PERFORMANCE
Abstract views: 252
,
PDF downloads: 245
Abstract
This study aims to determine the financial performance of the company PT. Finansia Multi Finance (Credit Plus) in its financial statements for 3 periods from 20152017. The method used in this study is quantitative research. The data used in this study in the form of financial statements for 3 periods from 2015-2017 using a measure of ratio, namely liquidity. PT. Finansia Multi Finance (Credit Plus) in the current ratio shows the percentage, namely in 2015 3910% in 2016 537% and in 2017 567% means that in the current ratio the company is able to pay short-term debt using the company's current assets. Quick ratio shows the percentage of 2015 is 3876%, 2016 is 486% and 2017 is 507% which means that the company's ability to pay short-term debt without inventory increases. Cash ratio shows that in 2015 55%, 2016 92% and 2017 102% percentage obtained shows that the company is unable to pay short-term debt using cash
Copyright (c) 2018 Journal of Students Academic Research (JOSAR)
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
