Liquidity Position of PT Bina Karya Jaya Abadi Tbk in Three Periods

Authors

  • Elfreda Aplonia Lau Universitas 17 Agustus 1945 Samarinda

DOI:

https://doi.org/10.59653/jbmed.v1i02.47

Keywords:

Liquidity, Current Ratio, Quick Ratio, Cash Ratio, Pre-Pandemi Covid 19, Pandemic Covid 19, After Pandemic Covid 19

Abstract

This study aims to determine and analyze the ability of PT Binakarya Jaya Abadi Tbk in fulfilling short-term obligations in three periods, namely the pre-pandemic, pandemic and after pandemic periods. The results showed that the liquidity position of PT Binakarya Jaya Abadi Tbk during the pandemic period, namely 2017, 2018 and 2019 was in a liquid state, as evidenced by the Current ratio above 200%. During the pandemic (2020 and 2021), PT Binakarya jaya Abadi Tbk’ s liquidity position was below 200%, namely in 2020 Current Ratio 117.860% and in 2021  Current ratio of  119.739%. Likewise after pandemic ,namely in 2022 the Liquidity of PT Bina karya Jaya Abadi Tbk was still below 200% even though it was better than the pandemic position. Furthermore, when measured by the Quick ratio and Cash ratio, the Liquidity position of PT. Binakarya jaya Abadi Tbk before the pandemic was below 100% and continued to decline during pandemic. Likewise during the post-pandemic period the liquidity position of PT. Binkarya jaya Abadi Tbk is in The Illiquid category. The results of this study also show that PT. Binakarya Jaya Abadi Tbk is also affected by the Corona Virus Disease 2019.

Downloads

Download data is not yet available.

References

britama.com. (2023, September). britama.com. Retrieved Mei Minggu, 2023, from Sejarah dan Profil singkat BIKA: https://britama.com/index.php/2015/07/sejarah-dan-profil-singkat-bika/

Fahmi, I. (2016). Analisis Laporan Keuangan. Bandung: Alfabeta.

Grill, M., Molestina Vivar, L., & Wedow, M. (2022). Mutual fund suspensions during the COVID-19 market turmoil - asset liquidity, liquidity management tools and spillover effects. Finance Research Letters, 50. https://doi.org/10.1016/j.frl.2022.103249

Huaicun, Z., Yuna, K., & Kada, Y. (2023). Mechanisms and challenges of renewable energy cooperation in Northeast Asia. International Journal of Multidisciplinary Approach Research and Science, 1(01 SE-Articles), 31–48. https://doi.org/10.59653/ijmars.v1i01.25

Kasmir. (2019). Analisis Laporan Keuangan. Depok: PT. Raja Grafindo Persada.

Lau, E. A. (2018). Likuiditas PT. Indofood Tahun 2015-2016. Reseach Journal of Accounting and Business Management(RJABM), 53.

Li, Y., Ou, J., & Gu, C. (2023). Buyer guarantee and bailout in supplier finance with bankruptcy cost. European Journal of Operational Research, 305(1). https://doi.org/10.1016/j.ejor.2022.05.051Report, P. B. (2018, December 31). https://www.idx.co.id. Retrieved may Friday, 2023, from https://www.idx.co.id: https://www.idx.co.id

Report, P. J. (2017, December 31). https://www.idx.co.id. Retrieved May Friday, 2023, from https://www.idx.co.id: https://www.idx.co.id

Report, P. J. (2019, December 31). https://www.idx.co.id. Retrieved May Friday, 2023, from https://www.idx.co.id: https://www.idx.co.id

Report, P. J. (2020, December 31). https://www.idx.co.id. Retrieved May Friday, 2023, from https://www.idx.co.id: https://www.idx.co.id

Report, P. J. (2021, December 31). https://www.idx.co.id. Retrieved May Friday, 2023, from https://www.idx.co.id: https://www.idx.co.id

Report, P. K. (2022, December 2022). https://www.idx.co.id. Retrieved May Friday, 2023, from https://www.idx.co.id: https://www.idx.co.id

S.Munawir. (2014). Analisa Laporan Keuangan. Yogyakarta: Liberty.

Simpeh, F., & Amoah, C. (2023). Assessment of measures instituted to curb the spread of COVID-19 on construction site. International Journal of Construction Management, 23(3). https://doi.org/10.1080/15623599.2021.1874678

Tse, K., Ablaev, I., & Malkan, O. (2023). Potential threats the rise of China’s economic and military power in the Asia Pacific region. International Journal of Multidisciplinary Approach Research and Science, 1(01 SE-Articles), 18–30. https://doi.org/10.59653/ijmars.v1i01.24

Downloads

Published

2023-05-28

How to Cite

Lau, E. A. (2023). Liquidity Position of PT Bina Karya Jaya Abadi Tbk in Three Periods. Journal of Business Management and Economic Development, 1(02), 114–122. https://doi.org/10.59653/jbmed.v1i02.47

Issue

Section

Articles