Evaluasi Kinerja Keuangan Koperasi Konsumen PIM melalui Rasio Likuiditas, Solvabilitas, dan Rentabilitas

Abstract

This study evaluates the financial performance of PIM Consumer Cooperative during 2023–2025 using the current ratio, debt-to-asset ratio (DAR), and return on equity (ROE). A descriptive quantitative single-case design was applied to secondary data from annual members’ meeting financial statements. Ratios were recalculated directly from the reported balance-sheet and income figures and interpreted using the productivity thresholds in Indonesian Ministerial Regulation No. 06/Per/M.KUKM/V/2006, while the contemporary savings-and-loan regulatory context refers to Ministerial Regulation No. 8 of 2023. The current ratio was 348.31% in 2023, 254.94% in 2024, and 323.08% in 2025, indicating persistent excess liquidity relative to the 200–250% reference band, although 2024 was materially closer to the benchmark. DAR declined from 48.55% to 32.82% and 31.18%, showing improved asset coverage of liabilities. ROE was 12.83%, 14.15%, and 12.76%, respectively, remaining within the 9–<15% scoring interval. The findings suggest that the cooperative combines strong short-term payment capacity and improving solvency with only moderate and fluctuating returns on members’ equity. Managerial priorities therefore should emphasize liquidity optimization, prudent loan distribution, receivables and arrears control, and more productive use of current assets rather than simply maximizing cash holdings or lending volume.