Comparative Analysis of Financial Performance Based on Profitability and Liquidity Ratios at PT. Sumber Alfaria Trijaya Tbk and PT. Midi Utama Indonesia Tbk for the 2020-2024 Period

  • Whury Fitria Rahma Accounting Study Program, Singaperbangsa University, Karawang
  • Asep Muslihat Accounting Study Program, Singaperbangsa University, Karawang
  • Rizke Wiliyanti Accounting Study Program, Singaperbangsa University, Karawang
DOI: https://doi.org/10.63922/ijebir.v5i06.4089
Keywords: Current Ratio, Financial Performance, Liquidity, Profitability, Return On Assets

Abstract

This study aims to analyze the comparative financial performance of PT Sumber Alfaria Trijaya Tbk (AMRT) and PT Midi Utama Indonesia Tbk (MIDI) during the 2020–2024 period. This study uses a descriptive quantitative method, with secondary data sourced from the annual financial reports of both companies. The analytical technique applied is a comparative descriptive analysis, to compare the financial performance of both companies through profitability ratios calculated by Return on Assets (ROA) and liquidity ratios measured using the Current Ratio (CR). The results of the study found that AMRT's financial performance for the 2020–2024 period was better than MIDI, indicated by higher ROA and CR values. However, the performance of both companies is generally still not optimal because it does not meet industry standards.

References

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Published
2026-10-31
How to Cite
Whury Fitria Rahma, Asep Muslihat, & Rizke Wiliyanti. (2026). Comparative Analysis of Financial Performance Based on Profitability and Liquidity Ratios at PT. Sumber Alfaria Trijaya Tbk and PT. Midi Utama Indonesia Tbk for the 2020-2024 Period. International Journal of Economics, Business and Innovation Research, 5(06), 2450-2458. https://doi.org/10.63922/ijebir.v5i06.4089
Issue
Vol. 5 No. 06 (2026): International Journal of Economics, Business and Innovation Research( IJEBIR)
Section
Articles