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Abstract

Purpose: This study analyzes the solvency of PT Telkom Indonesia (Persero) Tbk and assesses the adequacy of documentary evidence regarding the use of predictive analytics in financial decision-making.


Research Method: This study employs a descriptive case study approach with a documentary analysis of the audited consolidated financial statements for 2025 and the restated comparative figures for 2024. The analysis covers the liability structure, profitability, free cash flow, lease-adjusted leverage, net debt, and cost of capital coverage.


Results and Discussion: Long-term liabilities increased by 4.72%, while operating income decreased by 16.42% and the TIER proxy fell from 7.96 to 6.66 times. Conversely, operating cash flow increased by 3.64%, net financial debt decreased, and the debt-to-equity ratio (DER), adjusted for leases, remained relatively stable at 49.76%. The analyzed document does not provide specifications or validation of the predictive model; therefore, the effectiveness of its implementation cannot be concluded.


Implications: Solvency assessments need to use multidimensional indicators and verifiable disclosures regarding model governance.


Originality: This study identifies the empirical boundary between descriptive financial analysis and predictive analytics in assessing the solvency of telecommunications companies.

Keywords

predictive analytics management decision-making solvency leverage

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How to Cite
Adim, R. F., Septiana, A., Amin, M. N., Putra, F. A., & Sundari, A. (2026). Analysis of the Management Decision-Making Process Based on Predictive Analytics in Projecting PT Telkom (Persero) Tbk. Ability to Meet Long-Term Financial Obligations. Advances in Managerial Auditing Research, 4(3), 227–243. https://doi.org/10.60079/amar.v4i3.946
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