Financial Ratio Analysis for PT XL AXIATA Tbk

IF 2.5 4区管理学 Q2 BUSINESS, FINANCE

Abacus-A Journal of Accounting Finance and Business Studies Pub Date : 2021-10-29 DOI:10.47153/afs14.1962021

Evi Grediani

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引用次数: 2

Abstract

This study aims to determine the performance of financial statements and health level PT XL Axiata Tbk. This study also investigates based on the ratio of profitability, liquidity, activity and solvency from the 2015-2020 period. The company's soundness assessment method uses the Altman Z-Score method. The results of the study of profitability ratios indicate that the performance of financial statements is not very good because it is not optimal in generating profits. The liquidity ratio shows that the performance of the financial statements is not very good in meeting its current liabilities. The activity ratio shows that the company's financial statement performance is less effective in utilizing the asset turnover ratio and its working capital but has been maximized in collecting receivables from customers. The solvency ratio shows poor financial statement performance because the company's financial risk is very large but the company is able to pay interest expense when it matures. The results of the analysis of the Altman Z-Score method show that the company's health level is in a vulnerable state and has a high risk of bankruptcy

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PT XL AXIATA Tbk的财务比率分析

本研究旨在确定PT XL Axiata Tbk的财务报表绩效与健康水平。本研究还基于2015-2020年期间的盈利能力、流动性、活动和偿付能力的比率进行了调查。公司的稳健性评估方法采用Altman Z-Score方法。盈利能力比率的研究结果表明，财务报表的表现不是很好，因为它不是最优的产生利润。流动比率表明财务报表的表现在满足其流动负债方面不是很好。活动比率表明公司的财务报表绩效在利用资产周转率和营运资金方面效果较差，但在向客户收取应收账款方面却达到了最大化。偿债能力比率表明财务报表表现不佳，因为公司的财务风险很大，但公司有能力支付到期的利息费用。Altman Z-Score方法分析结果表明，该公司的健康水平处于脆弱状态，具有较高的破产风险

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来源期刊

Abacus-A Journal of Accounting Finance and Business Studies BUSINESS, FINANCE-

CiteScore

3.30

自引率

4.80%

发文量

期刊介绍： Since 1965 Abacus has consistently provided a vehicle for the expression of independent and critical thought on matters of current academic and professional interest in accounting, finance and business. The journal reports current research; critically evaluates current developments in theory and practice; analyses the effects of the regulatory framework of accounting, finance and business; and explores alternatives to, and explanations of, past and current practices.