ANALISIS KINERJA KEUANGAN PT. BLUE BIRD Tbk SEBELUM DAN SESUDAH GO PUBLIC

Abstract

Fundamental principle of the theory to research this is financial management that focuses on ratios. Hypothesis advanced by is financial performance seen from the aspect of liquidity after go public 2015 higher than before go public 2013, financial performance when viewed from the aspect solvability after go public 2015 lower than before go public 2013, financial performance when viewed from the aspect profitability after go public 2015 higher than before go public 2013 to PT. Blue Bird Tbk.

            The results of the analysis and discussion show that liquidity of the aspect of current ratio after go public increased by 8 %, aspects quick ratio after go public increased by 7 %, aspects cash ratio after go public increased by 3 %. Solvability of aspects debt to asset ratio after go public decreased by 59 % and frowzy debt to equity ratio after go public decreased by 377 %. Profitability of the aspect of profit margin after go public increased by 42 %, aspects return on investment after go public increased by 1 percent, return on equity aspects after go public increased by 144 %. Based on the results of this analysis so show an increase in financial performance to PT. Blue Bird Tbk before go public 2013 and after go public 2015 , and thus hypothesis accepted.