ANALISIS KINERJA KEUANGAN KOPERASI PADA KOPERASI MADANI NTB

Abstract

An enterprise’s financial performance can be measured by means of financial ratio analysis. Hence, the method thereof is considered applicable in evaluating the financial performance of KSP Madani NTB as a saving and loan cooperative enterprise and its application involves the assessments of its liquidity, solvency and profitability. The analysis on KSP Madani NTB’s liquidity, solvency and profitability ratios for 2012–2016 period has indicated a general improvement in the enterprise’s financial performance. The liquidity measurements show 96.6% for its performance in 2012, 98.7% in 2013, 99.9% in 2014, 100.2% in 2015 and 102.2% in 2016. The measurements for the cooperative’s solvency are 108.9%, 109.1%, 111.3%, 112.6%, and 113.3% for the 2012, 2013, 2014, 2015, and 2016 performances consecutively. Assessment on its profitability ratios demonstrates an increasing performance from 2012 to 2014 but records a decrease for 2015–2016 period. The cooperative achieved 26.66% in profitability in 2012, 29.47% in 2013, and 34.95% in 2014. The number declines at 24.01% for the 2015 performance and at 21.03% for the 2016 performance. Despite the cooperative’s liquidity increases throughout the 5 years of its financial performance, the numbers have not yet reflected a sound financial health for this particular aspect since the minimum standard imposed by the Cooperative Office of Nusa Tenggara Barat (NTB) for cooperative’s liquidity is 100%–124%. Unlike its liquidity ratios, KSP Madani’s solvency ratios indicate an ideal financial achievement for they are within the standardized range of solvency recognized by the same Office, 105%–119%. The cooperative’s profitability has also showed favourable level of achievement as measured against the >15% standard of cooperative’s profitability ratio in NTB district.