ANALISIS KINERJA KEUANGAN PERUSAHAAN MENGGUNAKAN RASIO PROFITABILITAS PADA PT INDOSAT, TBK TAHUN 2015-2019

Abstract

This study aims to determine the financial performance of PT Indosat, Tbk using profitability ratios as measured by Net Profit Margin (NPM), Return On Equity (ROE), Return On Assets (ROA) in 2015 – 2019.

The analytical tool used by the researcher is the ratio of Net profit margin (NPM), Return on equity (ROE), and Return on assets (ROA). The ratio used by researchers is the Profitability Ratio. This research was conducted for 5 years, from 2015 to 2019 at the company PT Indosat, Tbk.

The results showed that: 1) Net Profit Margin (NPM) decreased in 2015-2019, and increased in 2018. 2) Return On Equity (ROE) decreased in 2015-2019, and increased in 2018 3) Return On Assets (ROA) decreased in 2015-2019, and increased in 2018.

The results showed that the company's condition was not stable. The relationship between the company's Net Profit Margin (NPM), Return On Equity (ROE), Return On Assets (ROA) is below the cost of capital for 5 years. It can be concluded that the analysis of the company's financial performance of net profit before tax with net sales, equity and assets has not resulted in an efficient cost of capital for the company.