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Analysis Of Liquidity, Profitability, Solvency, And Activity Ratios To Assess The Financial Performance Of Pt. Pertamina Geothermal Energy Tb For The Period 2022 To 2024

Simbolon, Eva Theodora and Solihat, Iis (2025) Analysis Of Liquidity, Profitability, Solvency, And Activity Ratios To Assess The Financial Performance Of Pt. Pertamina Geothermal Energy Tb For The Period 2022 To 2024. In: The 2ndInternational StudentsConference on Economics and Business Excellence (ISCEBE).

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Abstract

he financial performance of a company is an important indicator in evaluating its condition and the effectiveness of its financial management. This study aims to assess the financial performance of PT Pertamina Geothermal Energy Tbk, a subsidiary of PT Pertamina, in the post-Covid-19 period and in relation to issues concerning integrity within its parent company. The financial ratio analysis approach was utilized in this research, including aspects such as liquidity, solvency, profitability, and activity ratios. The method used in this study is descriptive quantitative analysis, with data obtained through literature review and secondary sources in the form of financial statements for the 2022 to 2024 period from the official website of the Indonesia Stock Exchange. The results show a significant improvement in the company’s liquidity. Profitability remains efficient despite a decline in Return on Equity (ROE), indicating reduced effectiveness in equity utilization. The capital structure strengthened with decreased debt proportion. However, operational activities still underperform in asset utilization and receivables management. This research aims to support evaluation efforts to enhance governance, transparency, and strategy strengthening for sustainable financial performance.

Item Type: Conference or Workshop Item (Paper)
Additional Information (ID): ...pdf
Uncontrolled Keywords: Ratio Analysis, Financial Performance, Pertamina
Subjects: 600 Technology and Applied Sciences > 650-659 Management and Auxiliary Service (Manajemen dan Ilmu yang Berkaitan) > 657.3 Financial Reporting (Laporan Keuangan, Laporan Finansial)
Divisions: Koleksi Digital > Artikel
Depositing User: CR Cherrie Rachman
Date Deposited: 19 Sep 2025 06:29
Last Modified: 19 Sep 2025 06:30
URI: https://repository.ut.ac.id/id/eprint/11163

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