ANALISIS LAPORAN KEUANGAN UNTUK MENILAI KINERJA KEUANGAN PADA PT GARUDA INDONESIA TBK 2017-2022

Research aims to determine the level of health, especially regarding the finances of PT Garuda Indonesia for the 2017-2021 period. The financial ratios used as parameters for the financial health of PT Garuda Indonesia are based on the Decree of the Minister of SOEs No. KEP- 100/MBU/2002 concerning the Assessment of the Health Level of SOEs. PT Garuda Indonesia as one of the largest SOEs in Indonesia is faced with a number of unbalanced financial conditions in the 2017-2021 period. There have been a lot of losses recently. This research is characterized by data collection methods in the form of documentation and the analytical technique used is financial ratio analysis. The source of data used in this research is secondary data in the form of financial reports that have gone through the audit process and published to external parties. According to research results, the level of corporate profitability can be called unhealthy because the scores for ROE and ROI are in the low value range. The cash ratio and the current ratio of the corporation show a bad condition because it is decreasing every year and can be said to be unhealthy. The solvency level is also not healthy. And at the level of corporate activity, it shows a fairly good performance. Overall, the level of financial health of PT Garuda Indonesia for the year of the study period can be categorized as unhealthy