Proceedings of the First International Conference on Technology Management and Tourism, ICTMT, 19 August, Kuala Lumpur, Malaysia

Research Article

Analysis of Financial Statements to Assess Financial Performance of Cooperative Loan in Gianyar Regency

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  • @INPROCEEDINGS{10.4108/eai.19-8-2019.2294206,
        author={Eka  Jayanti},
        title={Analysis of Financial Statements to Assess Financial Performance of Cooperative Loan in Gianyar Regency},
        proceedings={Proceedings of the First International Conference on Technology Management and Tourism, ICTMT, 19 August, Kuala Lumpur, Malaysia},
        publisher={EAI},
        proceedings_a={ICTMT},
        year={2020},
        month={5},
        keywords={financial performance liquidity ratios solvency ratio ratio the ratio of profittabilitas activity},
        doi={10.4108/eai.19-8-2019.2294206}
    }
    
  • Eka Jayanti
    Year: 2020
    Analysis of Financial Statements to Assess Financial Performance of Cooperative Loan in Gianyar Regency
    ICTMT
    EAI
    DOI: 10.4108/eai.19-8-2019.2294206
Eka Jayanti1,*
  • 1: Universitas Warmadewa, Denpasar, Indonesia
*Contact email: info@warmadewa.ac.id

Abstract

This research aims to determine the financial performance of the cooperative loan in cooperatives and Small Medium Enterprises of Gianyar Regency. The study used secondary data which were analyzed using descriptive qualitative analysis techniques. The results showed that the financial performance based on the liquidity or current ratio in KSP Prapen Mas, KSP KSP Eternity Funds and Sapta Ulakan Sari were not good. However, the solvency, represented with the Debt to Asset and the Debt to Equity ratios in KSP Prapen Mas, had a good performance from 2014 to 2016. KSP Sapta Funds Amerta had an outstanding performance while KSP Ulakan Sari performed dismally based on the Net Profit Margin, Return On Assets and Return On Equity. KSP Prapen Mas votes of NPM performed quite well, as shown by ROA. With excellent ROE, KSP Sapta Eternity Funds assessed from the NPM, ROA and ROE is good enough. Also, the KSP Ulakan Sari votes of NPM and ROA are quite good. In general, the performance of the cooperatives was not good enough.