Comparative Analysis of the Financial Performance of Companies in the Metal and Other Mineral Mining Sector for the 2015-2019 Period
- Country : Indonesia
- Subject : Management
Keywords : Comparison of Financial Performance, Financial Ratios, Anova, Metal and Other Mineral Mining Sector.
Abstract
Economic conditions, supply constraints, facilities and policies are currently the challenges faced by mining industry companies in the mineral and other metal sub-sectors. This requires the company to improve the performance in order to maintain its existence. Financial performance is one of the important performance appraisal bases for companies. The purpose of this study is to compare the performance of mineral and other metal sub-sector mining companies listed on the Indonesia Stock Exchange (IDX) in the period 2015 to 2019. The type of research is descriptive comparative. The study was conducted on four companies in selected sub-sectors based on the main listing board on the IDX. Data processing techniques and data analysis using Anova. The results show that there are significant differences in financial performance between mining sector companies in the mineral and other metals sub-sector for the 2015-2019 period in terms of liquidity, solvency and activity ratios. As for the profitability ratio, there is no significant difference in financial performance.
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