Research Article
Analysis of Financial Statements to Assess Financial Performance in Plantation Sub-Sector Companies Registered in Indonesian Stock Exchange
@INPROCEEDINGS{10.4108/eai.4-11-2020.2304548, author={Sasmito Widi Nugroho and La Ode Abdullah and Nova Maulud Widod and Rois Septi Aulia}, title={Analysis of Financial Statements to Assess Financial Performance in Plantation Sub-Sector Companies Registered in Indonesian Stock Exchange}, proceedings={Proceedings of the First International Conference on Economics, Business and Social Humanities, ICONEBS 2020, November 4-5, 2020, Madiun, Indonesia}, publisher={EAI}, proceedings_a={ICONEBS}, year={2021}, month={2}, keywords={financial performance ratio analysis common size analysis company plantation sub sector}, doi={10.4108/eai.4-11-2020.2304548} }- Sasmito Widi Nugroho
La Ode Abdullah
Nova Maulud Widod
Rois Septi Aulia
Year: 2021
Analysis of Financial Statements to Assess Financial Performance in Plantation Sub-Sector Companies Registered in Indonesian Stock Exchange
ICONEBS
EAI
DOI: 10.4108/eai.4-11-2020.2304548
Abstract
Plantation sub-sector companies have a significant contribution to the Indonesian economy. The plantation sub-sector companies is one of the mainstay sub-sectors in contributing forreign exchange, because it has a high export market orientation. The study aims to find out how the financial performance of plantation sub-sector companies listed on Indonesian Stock Exchange for period 2017-2019. The data use in this study are secondary data in form of financial statements for the period 2017-2019.The method use in this study use ratio analysis, trend analysis, and common size analysis in plantation sub-sector companies listed on the Indonesia Stock Exchange. The results of the analysis of the financial ratios of plantation companies listed on the IDX in 2017-2019 allow liquidation levels using the current ratio, some are in the good category and some are in the bad category. Most of the debt ratio analysis is in the poor category and only as good as the small ones are in the good category. Accounts receivable turnover analysis as good as possible is in the good category. The results of the analysis of trends in the financial statements for 2017-2019 show that almost all companies experience an increasing trend every year. The results of the analysis of the general size of the plantation companies listed on the IDX 2017-2019 mostly have a good level of similarity
