Research Article
Analysis Of Financial Statements to Assess the Company’s Financial Condition With Current Ratio, Debt Ratio And Total Asset Turnover (Empirical Study in Energy Sector Companies Listed in Indonesia Stock Exchange)
@INPROCEEDINGS{10.4108/eai.19-9-2024.2354066, author={Maula Zahra Rifada and Rini Subekti}, title={Analysis Of Financial Statements to Assess the Company’s Financial Condition With Current Ratio, Debt Ratio And Total Asset Turnover (Empirical Study in Energy Sector Companies Listed in Indonesia Stock Exchange)}, proceedings={Proceedings of the 7th International Seminar on Business, Economics, Social Science, and Technology, ISBEST 2024, 19 September 2024, South Tangerang, Indonesia}, publisher={EAI}, proceedings_a={ISBEST}, year={2025}, month={1}, keywords={financial statement analysis financial statements financial ratio}, doi={10.4108/eai.19-9-2024.2354066} }- Maula Zahra Rifada
Rini Subekti
Year: 2025
Analysis Of Financial Statements to Assess the Company’s Financial Condition With Current Ratio, Debt Ratio And Total Asset Turnover (Empirical Study in Energy Sector Companies Listed in Indonesia Stock Exchange)
ISBEST
EAI
DOI: 10.4108/eai.19-9-2024.2354066
Abstract
Financial statements are reports that contain financial information. The contents of this financial report are useful for internal and external user as parties of the company. The company’s financial condition or position can be known by analyzing using ratio analysis. The purpose of this research was to determine the size of company’s financial performance by analyzing the company’s financial statements with financial ratio analysis with the components contained in the financial statements. The Sample used in this research were 12 companies that engaged in the energy sector during 2021-2023. The Analysis method used with quantitative descriptive method based on company’s financial statements from the Indonesia Stock Exchange. The financial ratios that used are liquidity ratios with current ratio method, activity ratios with the total asset turnover method, and solvability ratios with debt ratio method. This research is written to find out the company’s financial performance with these three ratios then the results are obtained which companies already have good performance and which need reevaluation.
