FINANCIAL PERFORMANCE ANALYSIS OF THE EMPLOYEE COOPERATIVE OF THE REPUBLIC OF INDONESIA (KPRI) HARAPAN 2018-2022

Abstract

This research aims to determine the financial performance of KPRI Harapan 2018-2022. The type of method used in this research is a quantitative method with data collection techniques using secondary data and library data. The analytical tool used in this research uses liquidity ratio analysis, solvency ratio, profitability ratio and activity ratio. The results of this research show that the financial performance of KPRI Harapan 2018-2022 based on liquidity ratio analysis which is measured using the current ratio shows poor results according to the Minister of State for Cooperatives and SMEs Regulation of the Republic of Indonesia regarding cooperative assessment guidelines. Based on the analysis of the solvency ratio which is measured using the debt to total asset ratio and the debt to equity ratio, it shows very good results according to the Minister of State for Cooperatives and SMEs of the Republic of Indonesia Regulation regarding cooperative assessment guidelines. The profitability ratio, which is measured using the return on assets and net profit margin ratio, shows very good results, while the return on equity ratio shows quite good results according to the Minister of State for Cooperatives and SMEs Regulation of the Republic of Indonesia regarding guidelines for assessing cooperative achievement. Meanwhile, the analysis of activity ratios measured using accounts receivable turnover and assets turnover shows poor results according to the Minister of State for Cooperatives and SMEs of the Republic of Indonesia Regulation on cooperative assessment guidelines.