Business, Management and Accounting
4 years ago

PT. ACE Hardware Indonesia, Tbk Shows Strong Liquidity and Profitability Growth.

Exchall Economic Challenge
Analisis Likuiditas Dan Profitabilitas PT. Ace Hardware Indonesia, Tbk
Andi Sri Astuti Anugrah

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PT. ACE Hardware Indonesia, Tbk, a retail company, analyzed its financial health using liquidity and profitability methods. The company's liquidity improved in 2016 but decreased in 2017 and 2018. However, it remained liquid overall. Profitability, measured by Gross Profit Margin, was better in 2017 but decreased in 2018. Net Profit Margin also showed improvement in 2018 compared to previous years. This indicates that PT. ACE Hardware Indonesia, Tbk was able to make a profit from 2015 to 2018.