ANALISIS RASIO KEUANGAN UNTUK MENILAI KINERJA KEUANGAN PT. GARUDA INDONESIA (PERSERO) TBK (PERIODE 2010 – 2014)

Abstract

This research is about analysis of financial ratios in PT
Garuda Indonesia (Persero) Tbk in 2010 to 2014. This study
aims to determine the financial ratio analysis that can be
used to assess the financial performance of PT Garuda
Indonesia in 2010-2014. Types of financial ratios that were
used are the liquidity ratios, activity ratios, solvability ratios,
profitability ratios, and the market ratio. The data that are
used is in the form of an annual financial statement data of
PT Garuda Indonesia (Persero) Tbk from 2010 to 2014. This
study used quantitative descriptive analysis techniques.
The analysis showed that, the best value of any rate in the
period of 2010-2014 is a current ratio in 2011 that is 1.1563,
the quick ratio is 1.0335 in 2011, the cash ratio is 0.5666 in
2011. The best value of total assets turnover was in 2011 at
1.5083, fixed assets turnover at 5.3839 in 2011, the average
age of receivables is at 11.8038 in 2014 and accounts
receivable turnover is at 0.0276 in 2013. The best solvability
ratio is debt ratio in 2012 that is 0.5572 and a total debt to
equity ratio of 0.8482 in the year 2011. The best profitability
ratio value are gross profit margin in 2012 amounted to
0.0436, the net profit margin at 0,0319 in 2012, basic
earning power at 0.0602 in 2012, return on investment at
0.0449 in 2011 and return on equity is at 0.0962 in 2012.
The best value of market ratio from 2010-2014 is earnings
per share which is at 48.9566 in 2012, the ratio of profit
price at 101.0734 in 2013 and the ratio of market value by
1.34 per book in 2012.