SKRIPSI DIGITAL
Financial Performance: Cash Flow Ratio Review (Transportation Subsector Companies Listed on IDX 2019-2023) = Financial Performance: Cash Flow Ratio Review (Transportation Subsector Companies Listed on IDX 2019-2023)
The transportation and logistics industry is an important sector for the economy. Based on BPS data, the transportation and logistics industry in Indonesia grew positively during the 2019-2023 period. However, there is a contradiction between market capitalization and the stock prices of transportation and logistics companies, where market capitalization shows a downward trend while the stock prices show an upward trend. This research aims to assess the financial performance of transportation subsector companies in 2019-2023. The data analysis method in this research is quantitative descriptive using cash flow ratios, namely the Ratio of Operating Cash Flow to Current Liabilities, the Ratio of Operating Cash Flow to Interest, the Ratio of Operating Cash Flow to Capital Expenditure, the Ratio of Operating Cash Flow to Total Debt, and the Ratio of Operating Cash Flow to Net Profit. The research population consisted of 10 companies and only 8 companies met the sampling criteria. The research results show that transportation subsector companies have poor financial performance. This is evidenced by three of the five cash flow ratios showing values below 1, meaning that transportation subsector companies are unable to pay current liabilities, interest costs, and total debt only using operating cash flow.
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