ANALISIS RASIO SOLVABILITAS DAN PROFITABILITAS UNTUK MENGUKUR KINERJA KEUANGAN PT ALAM SUTERA REALTY TBK PERIODE TAHUN 2014-2023

Abstract

This study aims to examine financial ratios measured using solvency ratios (debt to equity ratio, debt to total asset ratio, long term debt to equity ratio, long term debt to asset ratio) and profitability ratios (return on asset, return on equity, net profit margin, gross profit margin, operating profit margin), which can be used as tools to assess a company's financial condition. The research method used is a descriptive quantitative method, with data collected through secondary data techniques. The population of this study consists of the financial statements of PT Alam Sutera Realty Tbk, and the sample used includes the balance sheet and income statement over a 10-year period from 2014 to 2023. The results of this study indicate that the financial condition of PT Alam Sutera Realty Tbk, based on solvency ratios, is as follows: the debt to asset ratio (DAR) is less favorable with an average value of 57%, the debt to equity ratio (DER) is less favorable with an average value of 136.06%, the long-term debt to equity ratio (LTDtER) is very good with an average value of 99.40% and the long-term debt to asset ratio (LTDtAR) is also less favorable with an average value of 41.69%. In terms of profitability ratios, return on assets (ROA) is less favorable with an average value of 3.27%, return on equity (ROE) is less favorable with an average value of 7.83%, net profit margin (NPM) is very good with an average value of 13.69% and operating profit margin (OPM) is very good with an average value of 44.15%.