ANALYSIS OF THE RATIONAL RELATIONS TO THE COMPANY’S WORK METTERS (CASE STUDY ON PT. Semen Gresik (Persero), Tbk)

Almira Keumala Ulfah, Ramadhan Ramadhan, Panetir Bungkes, Sherif Mohamed Ismail

Abstract


This study presents a comprehensive analysis of the rational relations pertaining to the operational dynamics of PT. Semen Gresik (Persero), Tbk, a leading cement manufacturing company. Through a detailed case study approach, various facets of the company's operational framework are scrutinized, focusing on key financial metrics such as liquidity, leverage, and profitability. By examining these rational relations, the study aims to elucidate the company's ability to effectively manage its resources, meet short-term obligations, and sustain profitability amidst dynamic market conditions. Employing a range of financial ratios including liquidity ratio, leverage ratio, and net profit margin, the analysis provides insights into PT. Semen Gresik (Persero), Tbk's financial performance over a specified period. The study delves into the implications of these findings on the company's operational efficiency and financial stability, highlighting areas of strength and opportunities for improvement. By deciphering the rational relations inherent in the company's operational matters, this study offers strategic recommendations to optimize performance and enhance competitiveness in the industry landscape. Through a rigorous examination of rational relations, this study contributes to a deeper understanding of PT. Semen Gresik (Persero), Tbk's operational dynamics and its implications for organizational success. By elucidating the intricate connections between financial metrics and operational outcomes, the study provides valuable insights for stakeholders, policymakers, and industry practitioners seeking to navigate the complexities of contemporary business environments and drive sustainable growth and profitability

Keywords


Financial Ratio, Financial Performance, Analysis Of The Rational Relations, Company’s Work Metters

Full Text:

PDF

References


Agustin, Erni. "Analisis Rasio Keuangan untuk Penilaian Kinerja Keuangan pada PT Indofarma (Persero) Tbk." Berdasarkan Keputusan Menteri BUMN Nomor: KEP-100/MBU/2002). eJournal Ilmu Administrasi Bisnis 4.1 (2016): 103-115.

Al Karim, Rashed, and Tamima Alam. "An evaluation of financial performance of private commercial banks in Bangladesh: Ratio analysis." Journal of Business Studies Quarterly 5.2 (2013): 65.

Barnes, Paul. "The analysis and use of financial ratios." Journal of Business Finance dan Accounting 14.4 (1987): 449.

Destiani, Tya, and Rina Maria Hendriyani. "Analisis Rasio Keuangan untuk Menilai Kinerja Keuangan Perusahaan." Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah 4.1 (2022): 33-51.

Dewi, Meutia. "Analisis Rasio Keuangan untuk Mengukur Kinerja Keuangan PT Smartfren Telecom, Tbk." Jurnal Penelitian Ekonomi Akuntansi (JENSI) 1.1 (2017): 1-14.

Edmister, Robert O. "An empirical test of financial ratio analysis for small business failure prediction." Journal of Financial and Quantitative analysis 7.2 (1972): 1477-1493.

Gustina, Dhany Lia, and Andhy Wijayanto. "Analisis rasio keuangan dalam memprediksi perubahan laba." Management Analysis Journal 4.2 (2015).

Gabbett, T., Jenkins, D., & Abernethy, B. (2010). Physical collisions and injury during professional rugby league skills training. Journal of Science and Medicine in Sport, 13 (6), 578-583. doi:10.1016/j.jsams.2010.03.007

Horrigan, James O. "A short history of financial ratio analysis." The Accounting Review 43.2 (1968): 284-294.

Horrigan, James O. "Some empirical bases of financial ratio analysis." The Accounting Review 40.3 (1965): 558.

Innocent, Enekwe Chinedu, Okwo Ifeoma Mary, and Ordu Monday Matthew. "Financial ratio analysis as a determinant of profitability in Nigerian pharmaceutical industry." International journal of business and management 8.8 (2013): 107.

Lin, Fengyi, Deron Liang, and Enchia Chen. "Financial ratio selection for business crisis prediction." Expert systems with applications 38.12 (2011): 15094-15102.

Maulina, Isra, et al. "Pengaruh Mekanisme Bonus dan Multinationality terhadap Keputusan Transfer Pricing pada Perusahaan Manufaktur di Bursa Efek Indonesia." Journal of Education, Humaniora and Social Sciences (JEHSS) 4.2 (2021): 1246-1256.

Mukmillah, Mila Rosida. Analisis Rasio-Rasio Keuangan Sebagai Pengukur Kinerja Perusahaan Di Pt. Amanah Bersama Berkah (Studi Pada Laporan Keuangan Periode 2017-2021). Diss. Universitas Siliwangi, 2023.

Nadilla, Trie, et al. "The Effect Of Leverage And Earning Per Share On Earning Management (A Study Of Companies Listed In Indonesia Stock Exchange)." ICASI 2019: Proceedings of The 2nd International Conference On Advance And Scientific Innovation, ICASI. Vol. 18. 2019.

Nasution, Muhamad Syafril, et al. "The Effect of Beta, and Residual Income on Stock Return in The Manufacturing Industry in The Indonesia Stock Exchange." Enrichment: Journal of Management 11.2 (2021): 555-558.

Nissim, Doron, and Stephen H. Penman. "Ratio analysis and equity valuation: From research to practice." Review of accounting studies 6 (2001): 109-154.

Pramono, Joko. "Analisis rasio keuangan untuk menilai kinerja keuangan pemerintah daerah (Studi Kasus pada pemerintah Kota Surakarta)." Among Makarti 7.1 (2014).

Putri, Bella Giovana. "Analisis rasio keuangan untuk mengukur kinerja keuangan." Inspirasi: Jurnal Ilmu-Ilmu Sosial 17.1 (2020): 214-226.

Rhamadana, Recly Bima, and Triyonowati Triyonowati. "Analisis rasio keuangan untuk menilain kinerja keuangan pada pt. hm sampoerna Tbk." Jurnal Ilmu dan Riset Manajemen (JIRM) 5.7 (2016).

Salmi, Timo, and Teppo Martikainen. "A review of the theoretical and empirical basis of financial ratio analysis." News Group _001 (1994).

Susanto, Hery. "Analisis rasio keuangan untuk mengukur kinerja keuangan pemerintah daerah kota mataram." Jurnal Distribusi-Jurnal Ilmu Manajemen dan Bisnis 7.1 (2019): 81-92.

Tyas, Yayuk Indah Wahyuning. "Analisis rasio keuangan untuk menilai kinerja keuangan pada Elzatta Probolinggo." Ecobuss 8.1 (2020): 28-39.

Ulfah, Almira Keumala, et al. "Analysis of Financial Reporting Accounting Information Systems at The Aceh Financial Services." Enrichment: Journal of Management 12.1 (2021): 711-717.

Ulfah, Almira Keumala, et al. "Analisis Kemampuan Pembiayaan Keuangan Pemerintah Provinsi Aceh Setelah Penerapan Revisi UU Tentang Otonomi Daerah." Seminar Nasional Teknologi Komputer & Sains (SAINTEKS). Vol. 1. No. 1. 2019.

Ulfah, Almira Keumala, et al. "Tingkat Kemandirian, Efektivitas, Efisiensi Keuangan Daerah Pemerintah Provinsi Aceh Setelah Revisi UU Otonomi Daerah." Seminar




DOI: https://doi.org/10.35308/akbis.v8i1.9331

Refbacks

  • There are currently no refbacks.