01 February 2024 | Saut Maruli Tua Pandiangan, Hotbona Novandi Tambunan, Josua Alexander Gultom, Thomas Firdaus Hutahaean
This study analyzes the asset management and solvency management ratios of PT FKS Food Sejahtera Tbk (IDX: AISA), a food production company based in Jakarta, Indonesia. The research aims to assess the company's financial performance and solvency using financial ratios. The study uses qualitative descriptive research and analyzes financial data from 2015 to 2021. The key findings include the average fixed asset turnover ratio of 1.15 times and the average total asset turnover ratio of 0.7 times. The debt ratio of the company reached 1.38 from 2015 to 2017, indicating a high level of debt and potential financial risk. The highest profit multiple was recorded in 2019 at 12.15. The study highlights the importance of effective asset management and solvency management for financial stability. The results suggest that the company needs to improve its asset utilization and manage its debt more effectively to maintain financial health. The research also emphasizes the role of financial ratios in assessing a company's performance and solvency. The study concludes that financial performance is crucial for a company's long-term success and that effective financial management is essential for maintaining solvency and profitability. The findings provide insights for stakeholders to make informed decisions regarding the company's financial strategies.This study analyzes the asset management and solvency management ratios of PT FKS Food Sejahtera Tbk (IDX: AISA), a food production company based in Jakarta, Indonesia. The research aims to assess the company's financial performance and solvency using financial ratios. The study uses qualitative descriptive research and analyzes financial data from 2015 to 2021. The key findings include the average fixed asset turnover ratio of 1.15 times and the average total asset turnover ratio of 0.7 times. The debt ratio of the company reached 1.38 from 2015 to 2017, indicating a high level of debt and potential financial risk. The highest profit multiple was recorded in 2019 at 12.15. The study highlights the importance of effective asset management and solvency management for financial stability. The results suggest that the company needs to improve its asset utilization and manage its debt more effectively to maintain financial health. The research also emphasizes the role of financial ratios in assessing a company's performance and solvency. The study concludes that financial performance is crucial for a company's long-term success and that effective financial management is essential for maintaining solvency and profitability. The findings provide insights for stakeholders to make informed decisions regarding the company's financial strategies.