Analisis Kinerja Keuangan PT. Ultrajaya Milk Industry and Trading Company Tbk Berdasarkan Rasio Likuiditas, Solvabilitas, dan Profitabilitas Tahun 2020-2021
DOI:
https://doi.org/10.61722/jrme.v3i4.11168Keywords:
Liquidity, Solvency, Profitability, Financial PerformanceAbstract
This study aims to analyze the financial performance of PT. Ultrajaya Milk Industry and Trading Company Tbk in 2020–2021 based on liquidity, solvency, and profitability ratios. The study employs a descriptive approach to systematically illustrate the company's financial statements. The analytical findings reveal that liquidity ratios (Current Ratio and Quick Ratio) increased in 2021, reflecting the company's improved capacity to meet short-term obligations. Solvency ratios (Debt to Asset Ratio and Debt to Equity Ratio) showed significant improvement, indicating a progressively healthier capital structure. However, profitability ratios (Net Profit Margin, Return on Assets, and Return on Equity) experienced a slight decline due to increased operating expenses. This study presents practical applications for management in managing liquidity, debt, and cost efficiency.
References
Adi Tri. (2020). The Influence of Risk Management on Financial Performance and Firm Value: A Case Study on Companies of Crude Petroleum and Natural Gas Production Sector Listed at the IDX 2016 – 2019. European Journal of Business and Management. https://doi.org/10.7176/ejbm/12-23-14
Cahyaningrum, A. J., & Ahmadi, A. (2024). Analisis Pengaruh Struktur Modal, Profitabilitas, dan Kinerja Keuangan Terhadap Nilai Perusahaan (Systematic Literature Review). 2(4), 214–222.
Desi Maharani. (2020). RAMA_86206_1710110086_SIMILARITY.
Halawa, D., Ramadhani, S., & Tinggi Ilmu Ekonomi Persada Bunda Pekanbaru, S. (2024). Pengaruh Arus Kas terhadap Return on Asset pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Periode 2019-2022. In Jurnal Ilmiah Ekonomi dan Bisnis (Vol. 3, Number 2).
Hendra K, J., Iqbal, A. M., Alfarabi, M. P., Dina, R., & Ariska, T. O. (2025). Analisis Rasio Keuangan Untuk Menilai Kinerja Perusahaan. Jurnal Sains, Ekonomi, Manajemen, Akuntansi Dan Hukum, 2(3), 159–165. https://doi.org/10.60126/sainmikum.v2i3.974
Hudaya Abdullah, N., Widhi Kurniawan, A., Sahabuddin, R., & Mustika Amin, A. (2023). ANALISIS RASIO KEUANGAN DALAM MENILAI KINERJA KEUANGAN PADA INDUSTRI KOSMETIK YANG TERDAFTAR DI BEI Analysis of Financial Ratios in Assessing Financial Performance in The Cosmetics Industry Listed on IDX. SINOMIKA JOURNAL | VOLUME, 2(1). https://doi.org/10.54443/sinomika.v2i1.884
Ika, A., Putri, L., Anjarwati, R. P., Dwy, U., Wulandari, A., Asiyah, B. N., Febi, M., Syariah, P., Febi, D., Sayyid, U., & Tulungagung, A. R. (2024). STRATEGI MANAJEMEN LIKUIDITAS DALAM MENJAGA STABILITAS BANK SYARIAH INDONESIA DI MASA KRISIS. Jurnal Ekonomi Bisnis Manajemen Akuntansi (JEBISMA), 2(2). https://doi.org/10.24239/jipsya.v2i2.31.177
Maulidya, A., Rifta Dayanah, D., Hayati, M., & Pratama, A. (2025). Peran Laporan Keuangan dalam Menilai Kesehatan Usaha: Perspektif Akuntansi dan Manajemen. Integrative Perspectives of Social and Science Journal, 2(3), 4996.
Nirawati, L. (2022). PENGARUH RASIO LIKUIDITAS. www.idx.co.id
Penulis, T., Sriyani, :, Malau, M., Alfiana, C., Ayu, W., Nuwa, R., Nurzianti, A., Salam, D., Rahmawaty, E. S., Paranita, D., Selasi, F., & Fenolisa, L. (2022). MANAJEMEN KEUANGAN PERUSAHAAN Teori dan Praktis. www.penerbitwidina.com
Tumiwa, S., & Mawikere, L. M. (2024). Analisis kinerja keuangan pada PT. XT. Riset Akuntansi Dan Portofolio Investasi, 2(1), 27–36. https://doi.org/10.58784/rapi.79
Veronika Christine Mevelia, Thesalonika Djumaifin, Achmad Bagas Djuan Rajendra, Felix Chandra Pranoto, Lisrotul Munawaroh, & Ardhi Islamudin. (2024). Analisis Pengaruh Kinerja Keuangan Terhadap Keputusan Investasi Perusahaan. Jurnal Manajemen Bisnis Era Digital, 1(3), 23–35.
Downloads
Published
Issue
Section
License
Copyright (c) 2026 JURNAL RUMPUN MANAJEMEN DAN EKONOMI
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
