EXAMINING FINANCIAL PERFORMANCE OF A PRIVATE COMPANY IN THE MARINE SECTOR (CASE OF PT. GRAHAMAKMUR CIPTAPRATAMA)

GMCP is a private family company that operates in the marine and fishing industry. The company processes and exports frozen seafood. During 2015-2018 the company had losses and retained loss. As the company never did a financial analysis, there is a need for further analysis of the general financial...

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Bibliographic Details
Main Author: Nur'aini Nabila, Siti
Format: Final Project
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/41066
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Institution: Institut Teknologi Bandung
Language: Indonesia
Description
Summary:GMCP is a private family company that operates in the marine and fishing industry. The company processes and exports frozen seafood. During 2015-2018 the company had losses and retained loss. As the company never did a financial analysis, there is a need for further analysis of the general financial performance, to create plans to improve it. The analysis was done by using financial ratios. They were shown to be lacking in profitability and have very high solvency when compared to the peers. Improving the financial performance means to improve the conditions that they did were most lacking. This is done by forecasting with financial target. The end result is that to improve their financial performances they need to aim an increase of the sales by 5% each year, keeping the COGS by 87% and supporting it by switching capital structure by taking in long term debt.