Financial Ratio Analysis to Measure the Performance of Retail Companies in the Supermarket and Minimarket Subsectors Listed on the Indonesia Stock Exchange(2020–2022)
Published 2025-02-14
Keywords
- Financial Analysis,
- Liquidity Ratio,
- Solvency Ratio,
- Activity Ratio,
- Profitability Ratio
- Retail Companies ...More
Copyright (c) 2025 Duwi Atika Sari Supriyadi (Author)
This work is licensed under a Creative Commons Attribution 4.0 International License.
Abstract
This study analyzes the financial reports of retail companies in the supermarket and minimarket subsector listed on the Indonesia Stock Exchange, focusing on Liquidity, Solvency, Activity, and Profitability ratios. The data, consisting of balance sheets and income statements, are sourced from the Indonesia Stock Exchange for the 2020–2022 period and collected using documentation techniques. The analysis results indicate that PT Indoritel Utama International Tbk has the best liquidity ratio, with an average current ratio of 461% and cash ratio of 23% over three years. This company also exhibits the best solvency ratio, with a debt to assets ratio of 37% and a debt to equity ratio of 37%. Regarding activity ratios, PT Sumber Alfaria Trijaya Tbk has the strongest financial position, with an assets turnover of 305%. In terms of profitability, PT Sumber Alfaria Trijaya Tbk also leads with a return on equity of 20.2% and a return on investment of 6.9%, while PT Midi Utama Indonesia Tbk records the highest return on assets at 17%.
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