Financial Performance Analysis in Manufacturing Companies of The Cement Sectors Listing On Indonesia Stock Exchange (IDX) Period 2013-2017

16 Pages Posted: 12 Feb 2019

See all articles by Bernadeth Tongli

Bernadeth Tongli

Atma Jaya Makassar University

Har Tono

Atma Jaya Makassar University, Students

Suardi Tanasal

Atma Jaya Makassar University, Students

Date Written: December 8, 2018

Abstract

The financial performance analysis is an important thing for the company to be done, used to manage and evaluate management performance so that it can obtain an overall representation of the company's financial position. The purpose of this study is to find out the financial performance of the manufacturing companies of the basic industrial and chemical sector in the cement sub-sector for the period 2013-2017 which were listed on the Indonesia Stock Exchange (IDX). The method of financial statement analysis involved several financial ratios, such as liquidity, leverage, profitability, and activity ratio. This study also uses Altman Z-Score ratio analysis to predict whether a company has high probability for being insolvent. The samples in this study were three manufacturing companies of the basic industrial and chemical sector in the cement sub-sector in the 2013-2017 period. The results of this study indicate a downward trend in financial performance of manufacturing companies of the basic industrial and chemical sector in the cement sub-sector for the period 2013-2017. This is supported by the ratio calculation used in this study.

Keywords: Liquidity Ratio, Leverage Ratio, Profitability Ratio, Activity Ratio, Altman Z-Score, Financial Statement Analysis, Financial Ratio, Financial Performance

Suggested Citation

Tongli, Bernadeth and Tono, Har and Tanasal, Suardi, Financial Performance Analysis in Manufacturing Companies of The Cement Sectors Listing On Indonesia Stock Exchange (IDX) Period 2013-2017 (December 8, 2018). Available at SSRN: https://ssrn.com/abstract=3306516 or http://dx.doi.org/10.2139/ssrn.3306516

Bernadeth Tongli

Atma Jaya Makassar University ( email )

Jl..Tanjung Alang No.23
Makassar, South Sulawesi 90233
Indonesia
082396325888 (Phone)

Har Tono

Atma Jaya Makassar University, Students ( email )

Indonesia

Suardi Tanasal (Contact Author)

Atma Jaya Makassar University, Students ( email )

Indonesia
62411871038 (Phone)
62411870294 (Fax)

HOME PAGE: http://www.uajm.ac.id

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