Analysis Of The Dynamics Of Profitability And Liquidity Of Pt Indoritel Makmur Internasional Tbk Based On Quarterly Financial Reports For 2024–2025
Keywords:
Financial Performance, Liquidity, Profitability, Current Ratio, Return on Assets, Return on Equity
Abstract
PT Indoritel Makmur Internasional Tbk is an investment company with a portfolio of ownership in several strategic companies in Indonesia operating in various business sectors. This study was conducted to analyze the development of the company's liquidity and profitability levels using quarterly financial report data for the 2024–2025 period. The method used is a descriptive quantitative approach utilizing secondary data sourced from the company's published financial reports. The analysis focused on three financial indicators: Current Ratio (CR), Return on Assets (ROA), and Return on Equity (ROE). The results show that the company's ability to meet short-term obligations was relatively maintained during the observation period, although the liquidity value obtained was still below the general industry benchmark. Meanwhile, the profitability indicator showed an improving trend, reflecting the increasingly effective utilization of the company's assets and capital in generating profits. Overall, the research findings indicate a positive development in PT Indoritel Makmur Internasional Tbk's financial performance during the analyzed period.References
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Alabdullah, T. T. Y. (2023). Financial performance and sustainability of firms. Journal of Risk and Financial Management, 16(2), 1–15.
Baker, H. K., Kumar, S., & Pandey, N. (2021). Thirty years of finance research. Research in International Business and Finance, 56, 101383.
Brigham, E. F., & Houston, J. F. (2022). Fundamentals of financial management (16th ed.). Cengage Learning.
Buallay, A. (2022). Sustainability reporting and firm's performance. Journal of Applied Accounting Research, 23(1), 1–20.
Creswell, J. W., & Creswell, J. D. (2023). Research design: Qualitative, quantitative, and mixed methods approaches (6th ed.). Sage Publications.
Harahap, S. S. (2018). Analisis kritis atas laporan keuangan. Rajawali Pers.
Hery. (2021). Analisis laporan keuangan: Integrated and comprehensive edition. PT Grasindo.
Hunjra, A. I., Mehmood, A., Nguyen, H. P., & Tayachi, T. (2021). Do firm-specific risks affect financial performance? Cogent Economics & Finance, 9(1), 1916717.
Kasmir. (2021). Analisis laporan keuangan (Edisi revisi). Rajawali Pers.
Kim, J., & Park, S. (2023). Quarterly financial statement analysis and corporate performance. Sustainability, 15(9), 1–18.
Li, X., Wang, Y., & Zhang, H. (2023). Profitability ratios and firm value. Journal of Open Innovation: Technology, Market, and Complexity, 9(4), 1–14.
Nguyen, T., & Nguyen, P. (2024). Quarterly financial reporting and performance evaluation. Journal of Asian Finance, Economics and Business, 11(2), 45–58.
Nugroho, L., Utami, W., & Doktoralina, C. M. (2021). Financial ratio and profitability analysis. Accounting, 7(4), 885–892.
PT Indoritel Makmur Internasional Tbk. (2025). Laporan keuangan triwulanan tahun 2024–2025. PT Indoritel Makmur Internasional Tbk.
Rjoub, H., Odugbesan, J. A., Adebayo, T. S., & Wong, W. K. (2022). Sustainability and firm performance. Economic Research-Ekonomska Istraživanja, 35(1), 1234–1252.
Ross, S. A., Westerfield, R. W., & Jordan, B. D. (2022). Fundamentals of corporate finance (14th ed.). McGraw-Hill Education.
Sekaran, U., & Bougie, R. (2020). Research methods for business: A skill-building approach (8th ed.). Wiley.
Shahzad, U., Fareed, Z., & Shah, S. G. M. (2022). Financial performance and corporate sustainability. Resources Policy, 77, 102746.
Sugiyono. (2022). Metode penelitian kuantitatif, kualitatif, dan R&D (Edisi ke-2). Alfabeta.
Vo, X. V., & Nguyen, P. C. (2022). Financial development and firm performance. Heliyon, 8(7), e09822.
Yadav, P., & Sharma, R. (2025). Return on equity and investment decisions. Finance Research Letters, 68, 105921
Published
2025-12-31
How to Cite
Hilyawati, Y., & Majdina, N. (2025). Analysis Of The Dynamics Of Profitability And Liquidity Of Pt Indoritel Makmur Internasional Tbk Based On Quarterly Financial Reports For 2024–2025. Kontigensi : Jurnal Ilmiah Manajemen, 13(2), 1435 -1444. https://doi.org/10.56457/jimk.v13i2.973
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Articles
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