Analysis of Liquidity Ratios, Profitability Ratios and Solvency Ratios to Assess the Financial Performance of PT Blue Bird Tbk for the Period 2017 – 2022

Abstract

This study uses liquidity ratios, profitability ratios, and solvency ratios to evaluate PT. Blue Bird Tbk's financial performance from 2017 to 2022. PT. Blue Bird Tbk's financial statements for the years 2017–2022 serve as the basis for the study's quantitative and descriptive methodology. In order to assess PT's financial performance, the liquidity ratios were calculated using the current ratio and quick ratio. According to Blue Bird Tbk, the current ratio and quick ratio are both considered "Healthy" for the years 2017–2022. This suggests that the business can fulfill its immediate responsibilities. When evaluating PT's financial performance, Return on Equity is scored as "Healthy," while Return on Assets is rated as "Healthy." For the years 2017–2022, Blue Bird Tbk has been graded as "Less Healthy." This indicates that the business has not been able to turn a profit from its ongoing operations. As for the Debt to Equity Ratio, which assesses PT's financial performance, it is assessed as "Healthy," and the Debt to Assets Ratio. Blue Bird Tbk for the period 2017-2022 is also rated as "Healthy." This indicates that not all of the company's activities are financed by debt. For the years 2017–2022, Blue Bird Tbk is likewise graded as "Healthy." This suggests that not all of the business's operations are funded by debt.