Version 1
: Received: 27 November 2022 / Approved: 2 December 2022 / Online: 2 December 2022 (01:51:17 CET)
How to cite:
Yuliatin, B.; Nidan Paramesti, P.; Nuraini, P.; Indriyati, L. Comparative Analysis of Financial Performance between Companies in the Oil and Gas Trading Industry in 2019-2021. Preprints2022, 2022120029. https://doi.org/10.20944/preprints202212.0029.v1
Yuliatin, B.; Nidan Paramesti, P.; Nuraini, P.; Indriyati, L. Comparative Analysis of Financial Performance between Companies in the Oil and Gas Trading Industry in 2019-2021. Preprints 2022, 2022120029. https://doi.org/10.20944/preprints202212.0029.v1
Yuliatin, B.; Nidan Paramesti, P.; Nuraini, P.; Indriyati, L. Comparative Analysis of Financial Performance between Companies in the Oil and Gas Trading Industry in 2019-2021. Preprints2022, 2022120029. https://doi.org/10.20944/preprints202212.0029.v1
APA Style
Yuliatin, B., Nidan Paramesti, P., Nuraini, P., & Indriyati, L. (2022). Comparative Analysis of Financial Performance between Companies in the Oil and Gas Trading Industry in 2019-2021. Preprints. https://doi.org/10.20944/preprints202212.0029.v1
Chicago/Turabian Style
Yuliatin, B., Putri Nuraini and Lisa Indriyati. 2022 "Comparative Analysis of Financial Performance between Companies in the Oil and Gas Trading Industry in 2019-2021" Preprints. https://doi.org/10.20944/preprints202212.0029.v1
Abstract
This research was conducted with the aim of knowing how to compare the financial performance of the oil and gas trading industry with cross-sectional analysis techniques. The type of research conducted in this research is qualitative research with research objects at several companies, namely PT Radiant Utama Interinsco Tbk, PT Elnusa Tbk, PT AKR Corporindo Tbk, and PT Aneka Gas Industri Tbk. The data used in this study comes from secondary data, namely the internet in the form of company financial reports for the 2019-2021 period obtained from the Indonesia Stock Exchange. The results of this study indicate that PT Radiant Utama Interinsco Tbk has the best financial performance on inventory turnover ratio and average age, PT Elnusa Tbk has good inventory performance on current ratio, quick ratio, DAR, and DER., PT AKR. Corporindo Tbk has performed well on the ratios of TIE, FCC, Dividend Payout, Dividend Yield, and PER. PT Aneka Gas Industri Tbk has performed well on the ratio of Receivables Turnover Ratio and Average Age of Receivables.
Keywords
financial ratios; cross section; oil and gas trading industry
Subject
Business, Economics and Management, Accounting and Taxation
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.