Analysis Of Financial Performance Development Using Liquidity, Solvability, And Profitability Ratios At Pt Bank Rakyat Indonesia (Persero) Tbk. That Has Go Public On The Indonesia Stock Excange For The 2021-2023 Period

Analisis perkembangan kinerja keuangan menggunakan rasio likuiditas, solvabilitas, dan profitabilitas pada PT bank rakyat Indonesia (Persero) TBK, yang sudah go public di Bursa Efek Indonesia Periode 2021-2023

Abstract

This research aims to analyze the development of the financial performance of PT Bank Rakyat Indonesia (Persero) Tbk. during the period of 2021-2023 by using financial ratios, which include liquidity ratios (Quick Ratio and Current Ratio), solvability ratios (DAR and DER), and profitability ratios (ROA and ROE). The study applies a descriptive quantitative approach with documentation methods, where the data is sourced from the company’s annual financial reports published on the Indonesia Stock Exchange. The results show that the company’s liquidity condition is categorized as less healthy because it is not fully capable of meeting its short-term obligations using its available current assets. In terms of solvency, the company is still highly dependent on debt-based financing, indicating that its financial structure has not reached a stable level and still carries long-term financial risk. Meanwhile, the profitability ratios have shown a consistent improvement has not yet met the industry standard, so optimization is still needed. Based on these findings, the company is expected to improve the efficiency of its asset and liability management and strengthen its business strategies to be able to send positive signaling theory, which emphasizes the importance of financial information as a communication tool between the company and external parties.