Analysis of Profitability and Liquidity Ratios to Measure Financial Performance at PT Agung Podomoro Land Tbk for the 2015–2024 Period

Abstract

This study aims to analyze the financial performance of PT Agung Podomoro Land Tbk during the 2015–2024 period using profitability and liquidity ratio analysis. The research method applied is descriptive quantitative, utilizing secondary data derived from the company’s annual financial statements. The analyzed profitability ratios include Return on Assets, Return on Equity, and Gross Profit Margin, while the liquidity ratios consist of Current Ratio, Quick Ratio, and Cash Ratio. The findings indicate that the company’s financial performance in terms of profitability is considered “Less Healthy,” as the average Return on Assets (4.79%) and Return on Equity (7.43%) fall below the industry standards set by Kasmir (2021), while the Gross Profit Margin shows “Healthy” performance with an average of 42.17%. In terms of liquidity, the company also shows “Less Healthy” performance, with a Current Ratio of 171.75%, Quick Ratio of 102.91%, and Cash Ratio of 16.79%, all below standard benchmarks. These results suggest that although the company experienced losses during the COVID-19 pandemic, it has shown signs of recovery in recent years, albeit without achieving full financial stability. This study provides a comprehensive overview of the company’s financial condition over the last decade and may serve as a useful reference for management and investors in making strategic decisions.