The FINANCIAL PERFORMANCE ANALYSIS TO MEASURE THE COOPERATIVE HEALTH OF PTN BLU IN PALEMBANG CITY

Abstrak

The company's financial performance is very important to do to find out whether the company is in a healthy or unhealthy condition, the company's health can be seen from the ratio of liquidity, solvency and profitability, the purpose of this study is to determine and analyze how the financial performance of cooperatives in State Universities Public Service Agency (PTN BLU) in Palembang City, the dependent variable in this study is financial performance and the independent variable is financial ratios such as liquidity, solvency and profitability, the data were analyzed using financial ratio analysis, the population of the Civil Service Cooperatives of PTN BLU Kota Palembang and its sample Financial Statements 2010-2021, the results of the study show that the liquidity ratio of the cooperatives of Sriwijaya University and Raden Fatah State Islamic University Palembang is indicated to be very unhealthy because the value of the three ratios is above 250%. the amount of current assets is higher than current liabilities so that current assets are not productive, while the solvency ratio is in good health with an average value above the standard that has been set with a value of 21-28% meaning it is still below 40% while the profitability ratio seen from the net profit margin, return on assets and return on equity in 2010-2020 and 2021 are in an unhealthy condition, while the UIN Raden Fatah Palembang cooperative is in a healthy condition in 2010, 2013, 2014-2021 and less healthy in 2011, 2012 with a value between 1- 169% and the cash ratio in 2010-2021 is very unhealthy because current debt is greater than its cash, this study shows that the financial performance of the two cooperatives is not liquid because the number of current assets cannot be managed properly so that many assets.