Tingkat Kesehatan PT Indofarma (Persero) Tbk Berdasarkan Surat Keputusan Menteri BUMN Nomor:KEP-100/MBU/2002 Ditinjau Dari Aspek Keuangan Tahun 2019-2023

Muhammad Adi Prayoga, Edwin Agus Buniarto, Nurali Agus Najibul Zamzam

Sari


This study was conducted to evaluate the financial health of PT Indofarma (Persero) Tbk during the period 2019 to 2023 using the Decree of the Minister of State-Owned Enterprises (BUMN) No. KEP-100/MBU/2002. The analysis employed eight financial indicators: Return on Equity (ROE), Return on Investment (ROI), the ratio of total equity to total assets, current ratio, cash ratio, collection periods, total asset turnover (TATO), and inventory turnover. Based on the results, PT Indofarma (Persero) Tbk's financial condition showed a significant downward trend during the analyzed period, with major losses recorded in 2022 and 2023. The company’s financial health was generally categorized as less healthy to unhealthy. These findings indicate inefficiencies in cost management and governance issues, including cases of financial report manipulation and the detrimental use of online loans. This research provides valuable insights for management, investors, and stakeholders to support better evaluation and decision-making processes.
Keywords:
Financial Health, State-Owned Enterprises, PT Indofarma, Financial Ratios, KEP-100/MBU/2002

Teks Lengkap:

Download PDF

Referensi


Buniarto, E. A. (2008). Pengaruh Struktur Modal, Kesempatan Investasi Serta Kebijakan Keuangan Terhadap Risiko Dan Kinerja Keuangan Pada Bumn Yang Diprivatisasi Melalui Pasar Modal Indonesia. 4.

Herispon. (2016). Analisis Laporan Keuangan (Financial Statement Analysis) Akademi Keuangan & Perbankan Riau. Analisis Laporan Keuangan, July, 1–176.

Husnan, S. (2023). Manajemen Keuangan. In Universitas Terbuka (4th ed.). Universitas Terbuka.

Keputusan Menteri Badan Usaha Milik Negara Nomor : Kep-100/Mbu/2002, Pub. L. No. kep-100/mbu/2002, Menteri Badan Usaha Milik Negara (2002).

Margaretha, H. A., & Nababan, M. N. (2020). Perancangan Sistem Informasi Manajemen Keuangan Berbasis Web Studi Kasus PT Karya Swadaya Abadi. Jurnal SAINTEK (Jurnal Sains Dan Teknologi), 1(2), 24–31. https://doi.org/https://doi.org/10.34013/saintek.v1i2.34

Putri, Q. J., Damanik, E. O. P., & Purba, F. (2022). Analisis Rasio Keuangan Untuk Menilai Kinerja Keuangan Perusahaan Pada PT Kimia Farma (Persero) Tbk Periode 2016-2020 (Berdasarkan Keputusan Menteri Bumn Nomor : KEP-100/MBU/2002). Ekombis Review: Jurnal Ilmiah Ekonomi Dan Bisnis, 10(2), 567–580. https://doi.org/10.37676/ekombis.v10i2.2097

Sudana, I. M. (2011). Manajemen Keuangan Perusahaan Teori dan Praktik Edisi 2 (N. I. Sallama, Ed.). Erlangga.

Supiyanto, Y., Martadinata, I. P. H., Adipta, M., Rozali, M., Idris, A., Nurfauzi, Y., Fahmi, M., Sundari, Adria, Mamuki, E., & Supriadi. (2023). Dasar-Dasar Manajemen Keuangan (H. D. E. Sinaga & Aslicha, Eds.; 1st ed.). Sanabil Creative.

Syamsuddin, L. (2016). Manajemen Keuangan Perusahaan Konsep Aplikasi dalam Perrencanaan, Pengawasan, dan Pengambilan Keputusan. Pt Rajagrafindo Persada.

Undang-Undang (UU) Nomor 19 Tahun 2003 Tentang Badan Usaha Milik Negara, Pub. L. No. 19 (2003). https://peraturan.bpk.go.id/Details/43919/uu-no-19-tahun-2003




DOI: https://doi.org/10.37531/mirai.v10i1.8705

Refbacks

  • Saat ini tidak ada refbacks.


Flag Counter

Creative Commons License

JURNAL MIRAI MANAGEMENT is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Web Analytics