Analysis of Financial Statement Performance Ratios in Cigarette Subsector Companies Listed on The IDX

Authors

  • Yanuar Ramadan Faculty of Economics and Business, Master of Management, Esa Unggul University, Bekasi, Indonesia
  • Hengki Kurniawan Faculty of Economics and Business, Master of Management, Esa Unggul University, Bekasi, Indonesia
  • Salma Faizah Esa Unggul University
  • Malviyola El Barqa Faculty of Economics and Business, Master of Management, Esa Unggul University, Bekasi, Indonesia
  • Ilham Baihaqi Baharsyah Faculty of Economics and Business, Master of Management, Esa Unggul University, Bekasi, Indonesia

DOI:

https://doi.org/10.30996/jmm17.v11i2.11662

Abstract

Assessment of the company's financial performance is critical to determine the company's financial condition so that the company's success rate can be known during a specific period and as an evaluation material for management. The data used in this study are the financial statements of cigarette sub-sector companies listed on the Indonesia Stock Exchange (IDX) for 2019-2023. The data analysis technique in this study is to analyze financial ratios, which include liquidity ratio, activity ratio, solvency ratio, and profitability ratio. The results showed that for the liquidity ratio of PT Wismilak Inti Makmur Tbk. Showed financial performance in good condition, on the activity ratio of PT Gudang Garam Tbk. and PT Hanjaya Mandala Sampoerna Tbk. Showed financial performance in good condition, based on PT Wismilak Inti Makmur Tbk's solvency ratio and PT Gudang Garam Tbk. Showed financial performance in good condition, and on the profitability ratio of the financial performance of the companies PT Indonesian Tobacco Tbk. and PT Hanjaya Mandala Sampoerna Tbk. in good condition.

Downloads

Download data is not yet available.

Downloads

Published

2025-09-30

How to Cite

Ramadan, Y., Kurniawan, H., Faizah, S., El Barqa, M., & Baharsyah, I. B. (2025). Analysis of Financial Statement Performance Ratios in Cigarette Subsector Companies Listed on The IDX. JMM17 : Jurnal Ilmu Ekonomi Dan Manajemen, 12(2), 216–229. https://doi.org/10.30996/jmm17.v11i2.11662

Issue

Vol. 12 No. 2 (2025): September 2025

Section

Articles

License

Copyright (c) 2024 JMM17 : Jurnal Ilmu ekonomi dan manajemen

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Authors who publish to JMM17: Jurnal Ilmu Ekonomi Dan Manajemen agree to the following terms:

    1. Authors transfer the copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.. that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
    2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
    3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access)