Financial Ratio Analysis for The Financial Performance of Soes in IDX 2017-2019 Period (Case Study PT. Garuda Indonesia (Persero) Tbk
- DOI
- 10.2991/assehr.k.220103.059How to use a DOI?
- Keywords
- Garuda Indonesia; GIA
- Abstract
The purpose of this study is to analyze state-owned airline companies listed on the IDX regarding the financial performance of the 2017-2019 period. The data used in this study is secondary data obtained from the annual financial statements of PT. Garuda Indonesia (Persero) Tbk on the IDX for the 2017-2019 period. Financial performance in this study uses EVA (economic value added), MVA (market value added) and FVA (financial value added). The results of this study state that (1) EVA has a positive value in 2017 and 2018, but in 2019 it has a negative value, (2) MVA has a negative value during 2017-2019, (3) FVA has a positive value throughout 2017-2019.
- Copyright
- © 2022 The Authors. Published by Atlantis Press SARL.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - H Sidanti AU - R M Zahri AU - E W Sari AU - M Asmike AU - W D R Putri PY - 2022 DA - 2022/01/06 TI - Financial Ratio Analysis for The Financial Performance of Soes in IDX 2017-2019 Period (Case Study PT. Garuda Indonesia (Persero) Tbk BT - Proceedings of the 2nd International Conference on Education and Technology (ICETECH 2021) PB - Atlantis Press SP - 409 EP - 413 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.220103.059 DO - 10.2991/assehr.k.220103.059 ID - Sidanti2022 ER -