ANALISIS KINERJA KEUANGAN KALBE FARMA TBK MENGGUNAKAN RASIO LIKUIDITAS, SOLVABILITAS, DAN PROFITABILITAS

Alisya Hisanum

doi:10.37600/ek&bi.v8i2.2426

Alisya Hisanum Universitas Singaperbangsa Karawang

DOI: https://doi.org/10.37600/ek&bi.v8i2.2426

Abstract

This study examines the financial performance of PT Kalbe Farma Tbk from 2020-2024 using liquidity, solvency, and profitability ratios. The research applies a descriptive quantitative method with secondary data obtained from the company’s annual financial statements. Liquidity is found to be very strong, reflected by a Current Ratio ranging from 3.77-4.91 and a Quick Ratio between 2.19 and 3.01. Solvency is also solid, with the Debt to Asset Ratio recorded at 0.15-0.19 and the Debt to Equity Ratio at 0.17-0.23, suggesting low dependence on external debt. Profitability shows positive results overall, although a decline occurred in 2023 before recovering in 2024. These findings indicate that PT Kalbe Farma Tbk is able to maintain financial stability with strong liquidity and solvency, while profitability performance requires consistent improvement to ensure sustainable growth in the future.

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