Analysis Of Common Size And Time Series Index Techniques In Assessing Company Financial Performance At Ace Hardware Indonesia Tbk

Abstract

This research aims to determine the financial performance of PT. Ace Hardware Indonesia Tbk using common size analysis and time series index techniques. This research uses descriptive quantitative methods. The data source is secondary data obtained by literature study and documentation. The data analysis technique uses common size and time series indexes which are processed using the Microsoft Excel application. Based on the research results, 1) Balance sheet, based on the composition of current and non-current assets, fluctuations are visible, swelling inventory causes a decrease in sales which affects the company's profits. 2) Equity and liabilities, in the liabilities position there is a decrease in debt from 2020 to 2022 which means the company has succeeded in managing its debt well, in the equity section there has been an increase every year due to the increase in the cost of retained earnings, the use of which has not been determined from year to year. The good side is that the company succeeded in capitalizing all The company uses its own capital, not debt. 3) Profit and loss, seen in business sales which decreased from 2020 to 2022, which in the end the company failed to produce better profits than the previous year.