Analysis Of Financial Performance Using Common Size At PT Astra International Tbk 2019-2020 Period

Abstract

The purpose of this study is to examine the financial performance of PT Astra International TBk from 2019 to 2020 using Common Size for balance sheets and income statements. This is a quantitative and descriptive research project. Data is collected using a documentation process, and each component is further analyzed using percentages or Common Size analysis. According to the data, private capital accounts for most of the cash allocated to company assets. This is done to strengthen the company's financial position while increasing the margin of safety given to creditors by the size of the total balance sheet. The solvency of the company increases, or in other words. Companies that use the same Common Size in their income statements have poor financial performance because their capacity to earn a net income is impaired due to a decrease in net income. In other words, the income statements of these companies do not reflect their financial performance. In other words, the company's profitability is rapidly declining