Financial analysis reveals PT Indofood's poor performance, impacting market stability.
The financial ratios of PT Indofood Sukses Makmur Tbk from 2015 to 2021 were analyzed to assess the company's performance. Liquidity ratios like quick ratio and cash ratio were not good, but the current ratio was quite good. Solvency ratios, such as debt to asset ratio, were considered quite good, while debt to equity ratio was not good. Activity ratios, including total asset turnover ratio, were unfavorable. Profitability ratios like return on assets and return on equity were not good. However, the market to book ratio was quite good.