PENILAIAN KINERJA KEUANGAN PERUSAHAAN DENGAN MENGGUNAKAN ANALISIS LAPORAN ARUS KAS PADA PT GARUDA INDONESIA TBK
Financial health is the key to maintain the company running well. This can be seen by the company’s financial performance based on the financial statement. This study aims to analyze the cash flow by utilizing cash ratio to assess the financial performance of PT Garuda Indonesia Tbk. In this research, the writer uses quantitative data analysis and descriptive research method. The writer uses secondary data from PT Garuda Indonesia financial statement in year 2016 – 2020. The data is analyzed by 8 ratios which consist of operating cash flow, fund flow coverage ratio, cash coverage ratio to interest, cash coverage ratio to current liabilities, capital expenditure ratio, total debt ratio, net cash flow ratio, and cash flow adequacy ratio. The results show that the performance of PT Garuda Indonesia Tbk is not good. This is indicated by the results of the analysis of the average cash flow ratio which is less than the efficiency standard. However, there are 2 ratios that show good results, namely the ratio of cash coverage to interest and the ratio of capital expenditures.