ANALYSIS OF FINANCIAL PERFORMANCE IN THE FUNERAL HOME BUSINESS (Case Study on The Paraside Foundation’s Business “Sky Garden”)

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ANALYSIS OF FINANCIAL PERFORMANCE IN THE FUNERAL HOME BUSINESS (Case Study on The Paraside Foundation’s Business “Sky Garden”)

Abstract: According to BPS statistics, DKI Jakarta’s population increased by 10,467,629 people in 2018 and by 10,557,810 people in 2019. This figure is expected to rise every year until it reaches 10,887,800 by 2023. However, this growth was not accompanied by an increase in life expectancy, resulting in a high mortality rate. The goal of this quantitative research is to look at the impact of financial ratios over a five-year period. The major data utilized is from Sky Garden’s financial statements for the years 2022 through 2026. Data is acquired in two ways: instantaneously or gradually over a period of time. Time series studies serve as a baseline and the foundation for determining implementation time. The Current Ratio, Quick Ratio, and Cash Ratio all suggest that Sky Garden has the capacity to pay down its obligations from years 1 to 5. The DAR and DER findings for Sky Garden are both 100 percent. Indicating that the company’s assets and equity are secure. Year 1 had a net profit margin of 21.11 percent, year 2 had a net profit margin of 25.12 percent, year 3 had a net profit margin of 27.78 percent, year 4 had a net profit margin of 32.54 percent, and year 5 had a net profit margin of 36.15 percent. After subtracting the cost of products sold, GPM represents a percentage of sales profit. The value of the Opm Sky Garden has increased from year one to year five.

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