ANALISIS LIKUIDITAS DAN PROFITABILITAS DALAM MENGUKUR KINERJA KEUANGAN PADA PT. ASTRA AGRO LESTARI TBK PERIODE TAHUN 2016 – 2019

Abstract

The purpose of this research is to analyze peer company finances in terms of liquidity and profitability ratios at PT. Astra Agro Lestari Tbk for the period 2016-2019.The theoretical basis used in this research is financial management, especially liquidity and profitability. The analytical tools used are the Current Ratio, Quick Ratio, Net Profit Margin And Return On Assets.

The financial performance of PT. Astra Agro Lestari Tbk in terms of Liquidity Quick Ratio during 2016-2019 period without taking into account the increase in inventory, due to cash and cash equivalents, trade receivables from third parties, biological assets, and there is a decrease in short-term debt, but it has not reached industry standards. The financial performance of PT. Astra Agro Lestari Tbk in terms of Profitability ratio, Net Profit Margin during the period 2016-2019 decreased, due to general and administrative expenses, foreign exchange differences, income tax expenses, and income for the current year decreased and were still below industry standards. The company's financial performance of PT. Astra Agro Lestari Tbk in terms of the profitability ratio of Return on Assets during the 2016-2019 period increased, because the company only received a small profit due to foreign exchange losses, and was still below industry standards