USE OF RATIOS IN FINANCIAL ANALYSIS TO MEASURE FINANCIAL PERFORMANCE AT PT BANK MANDIRI TBK

Abstract

The purpose of this study was to determine the financial performance of PT Bank Mandiri, Tbk using ratio analysis. The data used in this study used secondary data from 2019 to 2023. The data analysis technique uses ratio analysis techniques, the aspects used are liquidity ratios with Current Ratio and Quick Ratio measuring instruments, solvability ratios with Debt to Total Asset Ratio measuring instruments, and profitability ratios with Return On Asset and Return On Equity measuring instruments. This study uses Descriptive Quantitative research methods whose data is taken from the annual report website of PT Bank Mandiri, Tbk. The results is Financial performance as measured by liquidity ratios (Current Ratio and Quick Ratio) is not good, Financial performance as measured by the solvency ratio (Debt to Total Asset Ratio) is not good, Financial performance as measured by profitability ratios (Return On Asset) is in poor condition while (Return On Equity) is in good or healthy condition.