FINANCIAL PERFORMANCE ANALYSIS AT PT. PEGADAIAN (PERSERO) IN INDONESIA
This study aims to determine the financial performance of PT. Pegadaian (Persero). This type of research is descriptive quantitative, which explains the financial ratio consisting of liquidity ratio, solvency ratio, and profitability ratio that occurred within the company in 2014-2017. The population in this study is the financial statements of PT. Pegadaian (Persero) in Indonesia for three years (2018-2020), as well as being a sample in this study. Documentation techniques carry out data collection. The method used in this study is a descriptive method with a qualitative approach. The results showed the financial performance of PT. Pegadaian (Persero) is quite good. The profitability ratio consisting of the value of ROA has decreased every year, whereas, in 2020, it has reduced and can be said to be quite good in generating optimal income. Grades in ROE declined in 2018 and 3019 but are still in the excellent category, with scores of 13.80 percent and 13.48 percent. However, in 2020 it experienced a considerable decrease of 8.22 percent compared to the previous year, with a reviewed ROE standard value of 8.32 percent. So in 2020, the ROE value can be said to be not good, which can reduce the attractiveness of investors to invest in the company. The Cash Ratio owned by Pegadaian is categorized as not good at paying and guaranteeing the current debt. The Debt to Equity Ratio owned by Pegadaian is classified as unreasonable and it has not been able to secure its total debt.
Financial Performance, Liquidity Ratio, Solvency Ratio, Activity Ratio, and Profitability Ratio