FINANCIAL PERFORMANCE ANALYSIS OF COMPANY PT. INDUSTRY JAMU AND SIDO MUNCUL TBK. IN 2017-2021 USING FINANCIAL RATIO

• Main Author: Rendy Wildani, Muhammad
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/65341
• Institution: Institut Teknologi Bandung

PT. Industry Jamu and Sido Muncul, Tbk. was founded in 1951 with a simple company called Sido Muncul which means “Dreams Come True” on Jalan Mlaten Trenggalun, Semarang. Sido Muncul has superior products, including Reject Wind, Reject Rheumatism, Nails Bima Energi, Alang Sari Plus, Sido Muncul Ginger Coffee, Nails Bima Ginseng Coffee, Ginger Milk, Complete Herbal Medicine, and Turmeric Acid. Then in 2013, Sido Muncul conducted its first IPO on the Indonesia Stock Exchange with the stock code “SIDO”. This study aims to analyze the financial performance of Sido Muncul in 2017 to 2021, using the aspect of Financial Ratio Analysis. The variables include (Current Ratio, Quick Ratio, Cash Ratio, Debt to Equity Ratio, Debt to Asset Ratio, Receivable Turnover, Inventory Turnover, Fixed Asset Turnover, Total Asset Turnover, Return on Assets, Return on Equity). After doing calculations using the aspect of the Financial Ratio assessment, it was found that the financial performance during the 2017-2021 period was quite healthy, because it meets the value of the industry standard ratio. Keyword: Financial Performance, Financial Ratio, Ratio Analysis, Financial Report, Financial Ratio Analysis, Standard Ratio, PT. Industry Jamu and Sido Muncul, Tbk.