Analysis of Solvency, Liquidity, and Profitability Ratios on the Financial Performance of Koperasi Simpan Pinjam Peduli Sehat Tuban

Abstract

Introduction/Main Objectives: This study aims to analyze the financial performance of Koperasi Simpan Pinjam Peduli Sehat Tuban during the 2023–2025 period based on solvency, liquidity, and profitability ratios. Background: Financial performance needs to be evaluated periodically to determine the cooperative's ability to manage assets, liabilities, and capital and to fulfill short-term obligations. Research Methods: This study uses a comparative descriptive quantitative method with secondary data obtained from the cooperative's financial statements for 2023–2025. The analysis was conducted by calculating and comparing the Debt to Asset Ratio (DAR), Current Ratio (CR), Quick Ratio, Return on Assets (ROA), and Return on Equity (ROE). Findings: The results show that DAR increased from 30.24% in 2023 to 38.73% in 2024 and slightly decreased to 38.10% in 2025. The Current Ratio decreased from 306.18% in 2023 to 235.82% in 2025, while the Quick Ratio decreased from 299.36% to 233.57%. Despite the decline, both liquidity ratios remained above 100%. Profitability also tended to decline, with ROA decreasing from 1.61% in 2023 to 0.92% in 2025 and ROE decreasing from 2.31% to 1.49%. Conclusion: The cooperative's financial condition remained relatively good in terms of liquidity and solvency, but profitability tended to decline. Therefore, the cooperative needs to improve asset utilization, receivable management, and operational cost efficiency to increase SHU