ANALISIS LAPORAN KEUANGAN UNTUK MENILAI KINERJA KEUANGAN PADA PT. PLN (PERSERO) INDONESIA

This study aims to determine the financial performance of PT. PLN (Persero) Indonesia based on analysis of liquidity, solvability and profitability ratios. The population in this study is the financial statements of PT. PLN (Persero) Indonesia which is listed on the Indonesia Stock Exchange for the 2017-2021 period. The data taken to conduct this research is secondary data in the form of the annual financial report of PT. PLN (Persero) Indonesia obtained through the official website of the Indonesia Stock Exchange (IDX) for the 2017-2021 period.
The research results show that 1) The results of the calculation of the liquidity ratio, the condition of PT. The State Electricity Company (PLN) during the period from 2017 to 2021 based on the Current Ratio is said to be very unfavorable. The company is considered unable to meet its short-term obligations. This is caused by the company's current assets are smaller than the current liabilities that must be met. 2) The results of the calculation of the solvability ratio, the condition of PT. The State Electricity Company (PLN) during the period 2017 to 2021 based on the Debt to Equity Ratio is said to be very good. The company is considered very capable of paying all of the company's obligations by using all of the company's assets. 3) The results of the calculation of the profitability ratio, the condition of PT. The State Electricity Company (PLN) in 2018 and 2021 based on Return On Assets can be said to be very good because in those years the company was able to increase profits. The company is quite capable of increasing the amount of revenue to get profits as well as the debt burden it bears.