Proceedings of the International Conference on Economics, Management and Accounting (ICEMAC 2022)

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Analysis of Differences in Financial Performance of PT Krakatau Steel Tbk Before and After Restructuring

Authors
Napa Lestari1, *, Alda Wiliyana Tania1, Andini Ulhaq1, Nur Alim Bahri1
1Department of Accountancy, Universitas Nusa Putra, Sukabumi, Indonesia
*Corresponding author. Email: napa.lestari_ak19@nusaputra.ac.id
Corresponding Author
Napa Lestari
Available Online 30 August 2023.
DOI
10.2991/978-94-6463-226-2_2How to use a DOI?
Keywords
Restructurisation; Debt to Equity Ratio; Return on Equity; Price Earning Ratio; Sales Growth; Total Asset Turnover; Financial performance
Abstract

This study aims to determine differences in the financial performance of PT Krakatau Steel Tbk before and after restructuring. This type of research used is comparative quantitative. The population of this study are companies from the metal industry sub-sector and the like which are listed on the Indonesia Stock Exchange. The research sample consisted of 1 company selected through a purposive sampling technique. The type of data used is secondary data in the form of financial reports and articles on the internet. The variables used to measure differences in financial performance are Debt to Equity Ratio, Return on Equity, Price Earning Ratio, Sales Growth, and Total Asset Turnover. The data analysis technique used is the Paired Sample Test. The results showed that there is a significant difference in the Total Asset Turnover variable, but there is no significant difference in the Debt to Equity Ratio, Return on Equity, Price Earning Ratio, and Sales Growth variables.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Economics, Management and Accounting (ICEMAC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
30 August 2023
ISBN
10.2991/978-94-6463-226-2_2
ISSN
2352-5428
DOI
10.2991/978-94-6463-226-2_2How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Napa Lestari
AU  - Alda Wiliyana Tania
AU  - Andini Ulhaq
AU  - Nur Alim Bahri
PY  - 2023
DA  - 2023/08/30
TI  - Analysis of Differences in Financial Performance of PT Krakatau Steel Tbk Before and After Restructuring
BT  - Proceedings of the International Conference on Economics, Management and Accounting (ICEMAC 2022)
PB  - Atlantis Press
SP  - 3
EP  - 20
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-226-2_2
DO  - 10.2991/978-94-6463-226-2_2
ID  - Lestari2023
ER  -