Analisa Rasio Keuangan Sebagai Dasar Penetapan Kinerja Keuangan pada Koperasi Unit Desa (KUD)

Abstract

Cooperatives are institutions that play a vital role in addressing the community's economic challenges, thereby fostering the well-being of both their members and the surrounding community. The objective of this study was to assess the financial performance of Koperasi Unit Desa specifically, whether it is classified as excellent, good, fair, or poor based on the cooperative assessment worksheet from the Department of Cooperatives and SMEs. This study employed a descriptive research design, utilizing interviews, observation, and documentation for data collection. Data analysis involved calculating liquidity ratios (current ratio), solvency ratios (total debt-to-total assets and total debt-to-total equity), and profitability ratios (ROA and ROE), followed by an evaluation based on the Department of Cooperatives and SMEs' assessment criteria. The analysis and interpretation of the data lead to the conclusion that, in terms of liquidity, Koperasi Unit Desa demonstrates good performance and is classified as liquid. Conversely, solvency ratios indicate poor financial performance, classifying the cooperative as insolvent; however, regarding profitability, the cooperative exhibits fair performance.