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Open access Oct 2026

The Effect of Financial Leverage and Operational Efficiency on Profitability at PT Astra Agro Lestari Tbk for the 2015-2025 Period

This research is motivated by changes in the financial condition of PT Astra Agro Lestari Tbk from 2015 to 2025 and the differences in research results regarding the effect of financial leverage and operational efficiency on profitability. This study aims to analyze the effect of Debt to Asset Ratio (DAR) and Total Ass...

Amelia Risma Busyra, Kartono · 0 citations
Open access Sep 2026

Analysis of Profitability, Solvency, and Activity Ratios on Financial Performance at PT Kalbe Farma Tbk for the 2016-2025 Period

The pharmaceutical industry faces dynamic changes in demand, production costs, and resource management that can affect the company's financial performance. This study aims to analyze the financial performance of PT Kalbe Farma Tbk for the period 2016 to 2025 based on profitability, solvency, and activity ratios. The st...

Yuda Arnanda Nikola, Kartono · 0 citations

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