Analisis Common Size Dalam Menilai Kinerja Keuangan Pada PT Citatah Tbk

Abstract

Companies in general will prioritize maximizing their profits, and financial performance is the most important thing for a business because financial performance is an indicator of whether the business being run will continue to run well in the future or not. The financial performance of a company is a formal effort that has been carried out by the company which can measure the company's success in generating profits, so that it can see the prospects, growth and potential for good development of the company by relying on existing resources. This research aims to measure the financial performance of PT Citatah Tbk using common size analysis to determine the causes of (1) the company's profits decreasing from 2018-2020 (2) the increase in company assets which was not followed by an increase in company profits (3) the company's income decreasing. decrease. The research results also show that the company's current financial performance is not healthy, due to the decline in sales in 2018-2020 and the company's large debt resulting in increased costs. This research was conducted to find out how to use common size analysis techniques in comparing the capabilities or performance of a company by comparing the accounts on the balance sheet and profit and loss.