Analysis of cooperative financial performance at the manunggal palm oil cooperative, Seresam Village, Seberida District, Indragiri Hulu Regency
Keywords:
Cooperatives Current Ratio, Debt to Assets Ratio, Financial Performance, Return on AssetAbstract
This study aims to analyze the Financial Performance of Cooperatives at the Manunggal Palm Oil Cooperative in 2018-2024. This type of research uses Primary Data and Secondary Data. The research method uses quantitative descriptive analysis to describe the financial performance of the Cooperative at the Manunggal Palm Oil Cooperative. Related to qualitative data in the form of descriptive data analyzed from items related to financial ratios. While quantitative data is taken from the financial statements listed in the Cooperative at the Manunggal Palm Oil Cooperative. The results of this study indicate that the financial performance of the Manunggal Palm Oil Cooperative based on the results of the liquidity ratio analysis using the Current Ratio fluctuates every year. This shows that the cooperative has a fairly high level of debt compared to the assets it owns. The financial performance of the Manunggal Palm Oil Cooperative based on the results of the solvency ratio analysis using the Debt to asset ratio where every year it always fluctuates. This shows that the cooperative has a fairly high level of debt compared to the assets it owns. The financial performance of the Manunggal Palm Oil Cooperative based on the results of the profitability ratio analysis using Return on Assets that fluctuates every year. This shows that the cooperative has a low ability to generate profits from its assets, because the cooperative is more concerned with improving the welfare of its members.
References
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Astawa, I. W., Trianingsih, K., & Sirna, I. K. (2021). Financial Performance Analysis of Savings and Loan Cooperatives at Dharma Asih Sentana Jimbaran Bali Cooperative. Journal of Economics and Tourism, 16(1), 43–53.
Bramantyo. 2023. Financial Management. Jakarta: Prenadamedia.
Hendra, R. 2022. Modern Financial Management: Theory and Practice. Jakarta: Prenadamedia.
Ridhahani. 2020. Basic Research Methodology for Students and Beginner Researchers Banjarmasin: Postgraduate Program of Antasari State Islamic University.
Rojabiyah, S. (2021). Financial Ratio Analysis to Measure Cooperative Financial Performance Before and During the Covid-19 Pandemic. Jurnal Cakrawala Ilmiah, 1(4), 489–499.
Sitio. (2011). . Cooperatives: Theory and Practice. Jakarta: Erlangga
Sugiyono. 2019. Quantitative, Qualitative, and R&D Research Methods. 19th edn. Bandung: Alfabeta.
Cashmere. 2021. Financial Statement Analysis. Jakarta: Rajawali Press.
Creswell, Jhon W, 2014, Research Design Qualitative, Quantitative, and Mixed Approaches, Student Library, Yogyakarta. Faisal, A., Samben, R., & Pattisahusiwa, S. (2018). Financial performance analysis. Performance, 14(1), 6. https://doi.org/10.29264/jkin.v14i1.2444
Falah, A. S., & Dewi, L. S. (2022). Financial Ratio Analysis to Assess Cooperative Financial Performance. Hexagro Journal, 6(1), 47–61. https://doi.org/10.36423/hexagro.v6i1.825
Garrison, et al. 2021. Managerial Accounting. New York City: McGraw-Hill Education.
Janiati, F., Kusuma, I. C., & Hambani, S. (2022). Analysis of Liquidity, Solvency and Profitability Ratios to Assess Financial Performance in Islamic Boarding School Cooperatives. Karimah Tauhid, 1(5), 686–697. https://ojs.unida.ac.id/karimahtauhid/article/view/7965/3562
M. Ali Akbar. 2023. Company Financial Performance Analysis. Jakarta: Rajawali Pers
Munawir. 2023. Financial Accounting. Jakarta: Salemba Empat.
Natalia, E. Y., Marlina, N., Purba, B., & Pratiwi, M. P. (2025). Financial performance analysis of pt. Pratama widya tbk. 13(1).
Pramono, A., Putri, D. A., Rasihen, Y., & Kurniaty, T. (2025). Financial Performance Analysis of Sawit Jaya Cooperative in Community Empowerment Efforts (Case Study of Uuo Petapahan Makmur Sejahtera, Petapahan Village, Tapung District, Kampar Regency). 5, 1053–1066.
Riyanto. 2022. Fundamentals of Financial Management. Yogyakarta: Ekonisia.
Sartono. 2020. Financial Management. Yogyakarta: BPFE.
Sawir. 2021. Financial Statement Analysis. Jakarta: IKAPI Member Publisher.
Sekaran, U., & Bougie, R. (2020). Research Methods for Business: A Skill-Building Approach (7th ed.). Hoboken, NJ: Wiley.
Sitio and Tamba, H. 2011. Cooperatives: Theory and Practice. Jakarta: Erlangga
Sudana. 2021. Financial Accounting. Jakarta: Salemba Empat.
Sudarsono. 2018. Cooperatives theory and practice. Jakarta: Erlangga publisher
Suwarni. (2017). Cooperative financial ratio analysis. Cooperative Financial Ratio Analysis, 2(5), 102–109.
Tanjung, M. 2023. Financial Performance Analysis. Jakarta: Salemba Empat
Triyono, A., Suwaji, S., Anisyah, A., & Novriyani, N. (2021). The Effect of Debt to Equity Ratio and Current (Asia et al., 2023)Seberida District, Indragiri Hulu Regency. J-MAS (Journal of Management and Science), 6(2), 482. https://doi.org/10.33087/jmas.v6i2.313
Wati, U. A., & Delimah Pasaribu, V. L. (2022). The Effect of Current Ratio and Debt to Asset Ratio on Net Profit Margin at PT. Indocement Tunggal Prakarsa Tbk for the 2012-2021 Period. POINT: Journal of Economics and Management, 4(2), 1–15. https://doi.org/10.46918/point.v4i2.1634
Winda, W., & Irsyad, M. (2025). Financial Performance Analysis of Berkat Savings and Loan Cooperative, Tamalanrea Branch, Makassar City (Islamic Economic Perspective). 2(1), 70–76.
Syaifitri tiara. (2024). Financial Report Analysis to Assess Financial Performance at PT. Altek Metalinti Jaya Karawang (Period 2019-2021).
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Published
2025-07-29
How to Cite
Novriyani, N., Triyono, A. ., & Rahayu, T. . (2025). Analysis of cooperative financial performance at the manunggal palm oil cooperative, Seresam Village, Seberida District, Indragiri Hulu Regency . Journal of Management Science (JMAS), 8(3), 577–583. Retrieved from https://exsys.iocspublisher.org/index.php/JMAS/article/view/710
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