Evaluating the Financial Performance of PT Mitra Keluarga Karyasehat Tbk: Financial Ratio Analysis for 2022-2023

  • Yanuar Ramadhan Faculty of Economics and Business, Universitas Esa Unggul, Jakarta, Indonesia
  • Imam Subagyo Universitas Esa Unggul
  • Agnes Sandrawati Faculty of Economics and Business, Universitas Esa Unggul, Jakarta, Indonesia
  • Ratna Dewi Kumala Faculty of Economics and Business, Universitas Esa Unggul, Jakarta, Indonesia
  • Dade Andika Faculty of Economics and Business, Universitas Esa Unggul, Jakarta, Indonesia
DOI: https://doi.org/10.30996/jmm17.v11i2.11486

Abstract

This study aims to analyze the financial performance of PT Mitra Keluarga Karyasehat Tbk using various financial ratio analysis methods. The analysis was conducted on the company's financial statements for the period 2022 and 2023. The methods used include liquidity, activity, leverage, and profitability ratio analysis. The results showed that PT Mitra Keluarga Karyasehat Tbk experienced an increase in liquidity and a reduction in leverage but faced a decrease in operational efficiency and profitability. The Current Ratio increased from 3.82 in 2022 to 4.97 in 2023, and the Quick Ratio increased from 3.73 to 4.82. However, Receivable Turnover and Inventory Turnover decreased, indicating a decline in the efficiency of current asset management. The leverage ratio shows a decrease in dependence on debt, but the Interest Coverage Ratio decreased from 104.16 to 77.88, indicating a reduced ability to cover interest expenses. Profitability ratios declined, suggesting a need for improvement in cost management and revenue generation strategies. Overall, the company needs to focus on enhancing operational efficiency and cost management to improve future financial performance.

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Published
2024-09-30
How to Cite
Ramadhan, Y., Subagyo, I., Sandrawati, A., Kumala, R. D., & Andika, D. (2024). Evaluating the Financial Performance of PT Mitra Keluarga Karyasehat Tbk: Financial Ratio Analysis for 2022-2023. JMM17 : Jurnal Ilmu Ekonomi Dan Manajemen, 11(2), 182-190. https://doi.org/10.30996/jmm17.v11i2.11486
Issue
Vol 11 No 2 (2024): September 2024
Section
Articles
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