Analisis Financial Resilience Perusahaan Logistik melalui Arus Kas dan Tren Keuangan Periode 2019-2024
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Allya Hana Indah Putrianti
*
Universitas Bina Sarana Informatika, Jakarta,
Indonesia
- Aprilia Puspasari Universitas Bina Sarana Informatika, Jakarta, Indonesia
Abstract
This study aims to analyze the financial resilience of logistics sector companies listed on the Indonesia Stock Exchange for the 2019–2024 period through an integrated analysis of cash flow and financial trends. The study employs a descriptive quantitative approach using secondary data in the form of annual financial statements. The sample was selected using purposive sampling, resulting in 6 companies with a total of 36 observations. Financial resilience was analyzed using cash flow indicators such as free cash flow, changes in cash, cash flow ratios, and earnings quality, as well as financial trends including revenue growth, net income growth, and operating cash flow growth. The results indicate that levels of financial resilience vary across companies. The highest free cash flow value reached Rp8.87 trillion, while several companies exhibited fluctuating patterns. The highest cash flow ratio reached 3.39, indicating an excellent ability to meet obligations through operating cash flow, while some companies had ratios below 1. The highest earnings quality reached 61.84, but not all companies were able to maintain its stability. Based on an integrated analysis of cash flow and financial trends, 1 company falls into the “very strong” category, 2 companies into the “strong” category, 2 companies into the “moderate” category, and 1 company into the “weak-moderate” category. The research findings indicate that financial resilience is determined not only by the magnitude of cash flow and earnings but also by the consistency and sustainability of a company’s financial performance.
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