Analyzing the Influence of Financial Ratios on the Performance of PT. Indofood Sukses Makmur Tbk

Authors

  • Rival Pahrijal Sanskara Karya Internasional

DOI:

https://doi.org/10.58812/asir.v1i01.24

Keywords:

PT. Indofood Sukses Makmur Tbk, Financial Performance, Financial Ratios, Liquidity Ratio, Current Ratio, Quick Ratio, Profitability Ratio

Abstract

The objective of this study was to evaluate the financial performance of PT. Indofood Sukses Makmur Tbk between 2019 and 2020, based on financial report data obtained from www.idx.co.id. The analysis employed various financial ratios, including liquidity ratios like the current ratio and quick ratio, as well as profitability ratios such as return on assets and return on equity. The findings revealed an increase in liquidity ratios, represented by both the current and quick ratios, from 2019 to 2020. This uptick was attributed to the growth in current assets, ensuring the company's ability to meet its obligations. Consequently, PT. Indofood Sukses Makmur Tbk was classified as being in good financial health. In terms of profitability ratios, particularly the gross profit margin, there was a notable increase during the same period, driven by enhanced asset utilization for profit generation. This outcome further corroborated the company's positive financial standing.

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Published

2023-11-13

How to Cite

Pahrijal, R. (2023). Analyzing the Influence of Financial Ratios on the Performance of PT. Indofood Sukses Makmur Tbk. Eastasouth Proceeding of Interdisciplinary Research, 1(01), 23–30. https://doi.org/10.58812/asir.v1i01.24