ANALISIS RASIO PROFITABILITAS UNTUK MENGUKUR KINERJA KEUANGAN PT TIMAH Tbk SEBELUM PANDEMI COVID-19 DAN SELAMA MASA PANDEMI COVID-19 TAHUN 2019-2020

The purpose of this study is to analyze, and assess financial performance in terms of profitability ratio analysis on Return On Assets, Return On Equity, Net Profit Margin and Gross Profit Margin at PT Timah from 2019 to 2020. This study uses a descriptive approach, which is a study that only compiles collecting, clarifying, and interprets data in order to fulfill a clear picture of the problem under study. The theoretical basis used is the theoretical basis concerning financial accounting, financial performance and profitability ratios. The analytical tool used in profitability ratio analysis consists of Return On Assets, Return On Equity, Net Profit Margin, Gross Profit Margin. The results of the analysis presented can be seen that the financial performance of PT Timah in terms of profitability ratios on Return On Assets shows poor financial performance because the company is less able to maximize large assets effectively and efficiently to generate maximum profit. Then the financial performance on Return On Equity is still below the standard average, this is due to the high costs incurred by the company so that large capital is not able to generate maximum profit. The Net Profit Margin generated by the company also shows poor performance, this means that the net profit obtained does not show a profit, on the contrary it results in a loss for the company. And financial performance on Gross Profit Margin also shows poor performance, where the company is less able to maximize profit before interest and taxes from sales due to the high costs incurred by the compan