Analisis Rasio Keuangan Untuk Menilai Kinerja  Hotel Ciater Spa &amp; Resort, Subang

Saepudin, Pudin; Muslim, Syaeful

doi:10.34013/jk.v3i2.35

Cited by 1 publication

(2 citation statements)

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“…A research in Ciater SPA & Resort Hotel, Subang, showed high level of liquidity (Saepudin, P. & Muslim, 2016). Besides that, ability of the company assets to guarantee debt increase and inventory turnover decrease and also the fluctuated earned profit margin.…”

Section: Introductionmentioning

confidence: 99%

“…Financial ratio is divided into some parts; they are liquidity ratio that refers to ability of the company to meet short term liabilities by using the easiest asset converted to cash, then activity ratioto measure the level of efficiency in the utilization of company resources, then the profitability ratio which provides an overview of the company's probability, and leverage ratio which describes the company's ability to fulfill all of its obligations (Syuhada et al, 2020). Other than that, operational ratio is used to help the management to analyze the operational department of the company especially in restaurants and hotels (Saepudin, P. & Muslim, 2016).…”

Section: Introductionmentioning

confidence: 99%

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Financial Ratio Analysis to Assess Financial Performance of the Hotel Industry

Santoso

Supatmi

2021

IJSSB

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Analysis of financial performance can be implemented to all companies, including to hotel industries. For the last few years, there are many issues that income of hotel industry increases because of the soaring numbers of foreign and domestic tourists in Indonesia. This study aims to analyze financial ratio to assess the financial performance of hotel industry in 2015-2018. Research sample were 12 companies of 35 hotel industries that were listed in Indonesian Stock Exchange in 2015-2018. Analysis tool used in this research were liquidity ratio, profitability ratio, activity ratio, leverage ratio, and operational ratio. Research result showed good ratios; they were liquidity ratio that was indicated by current ratio, profitability ratio that was pointed by net profit margin, return on asset, and return on equity, also paid occupancy percentage on activity ratio. While the not good ratio, which was activity ratio was pointed by total asset turnover, then leverage ratio by equity multiplier, debt to asset ratio, and debt to equity ratio, also operational ratio which was showed through average room rate and food and beverage cost. Research result of hotel performance in 2015-2018 which is based on financial ratio, they are liquidity, activity, profitability, leverage, and operational, describes that hotel performance is fluctuated. Generally seen, a good ratio in this study is the liquidity ratio that is pointed by current ratio, then profitability ratio that are demonstrated by NPM, ROA, and ROE, also paid occupancy percentage in activity ratio.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%