Dampak Konsolidasi Keuangan Terhadap Likuiditas, Profitabilitas, dan Ekuitas-Earning Based: Studi Kasus Pada PT Indofood Sukses Makmur Tbk (INDF)

Ghina Wahdiyanti ; Maya Lizqiyanti ; Taupan Irmansyah ; M. Masrukhan
Jurnal Ekonomi, Akuntansi, dan Perpajakan 📅 2024 Vol 1, No 4 🔗 DOI: 10.61132/jeap.v1i4.586
Abstract
Financial consolidation has become a crucial strategy for multinational companies in addressing increasingly intense global competition. It is often employed as a primary approach to expand market reach and drive corporate growth, ultimately affecting liquidity, equity-earning based measures, and profitability. This study specifically examines the impact of consolidation on a company's liquidity, equity-earning based metrics, and profitability using financial ratio analysis, including Current Ratio (CR), Earnings Per Share (EPS), and Net Profit Margin (NPM) as key indicators. Adopting a quantitative approach, the research utilizes secondary data from the financial statements of PT Indofood Sukses Makmur Tbk before and after consolidation in 2023. The methods applied include a comparison of financial statement items pre- and post-consolidation and a literature review relevant to financial performance analysis. The data analysis results reveal that post-consolidation, PT Indofood Sukses Makmur Tbk recorded an increase in liquidity ratio (current ratio) by 15.26%, reaching 1.9171, and an equity-earning based ratio (earnings per share) rise of 53.74% to 0.001309, which positively impacted the company. However, profitability ratio (net profit margin) declined by 22.81% to 0.1028, indicating challenges in cost management and operational efficiency following the consolidation.
Keywords
Financial Consolidation Financial Ratios Company Performance Multinational Companies
How to Cite

Ghina Wahdiyanti, et al. (2024). Dampak Konsolidasi Keuangan Terhadap Likuiditas, Profitabilitas, dan Ekuitas-Earning Based: Studi Kasus Pada PT Indofood Sukses Makmur Tbk (INDF). Jurnal Ekonomi, Akuntansi, dan Perpajakan, 1(4). https://doi.org/10.61132/jeap.v1i4.586

Ghina Wahdiyanti; Maya Lizqiyanti; Taupan Irmansyah; M. Masrukhan, "Dampak Konsolidasi Keuangan Terhadap Likuiditas, Profitabilitas, dan Ekuitas-Earning Based: Studi Kasus Pada PT Indofood Sukses Makmur Tbk (INDF)," Jurnal Ekonomi, Akuntansi, dan Perpajakan, vol. 1, no. 4, 2024.

Ghina Wahdiyanti; Maya Lizqiyanti; Taupan Irmansyah; M. Masrukhan. "Dampak Konsolidasi Keuangan Terhadap Likuiditas, Profitabilitas, dan Ekuitas-Earning Based: Studi Kasus Pada PT Indofood Sukses Makmur Tbk (INDF)." Jurnal Ekonomi, Akuntansi, dan Perpajakan, vol. 1, no. 4, 2024.

Ghina Wahdiyanti; Maya Lizqiyanti; Taupan Irmansyah; M. Masrukhan. "Dampak Konsolidasi Keuangan Terhadap Likuiditas, Profitabilitas, dan Ekuitas-Earning Based: Studi Kasus Pada PT Indofood Sukses Makmur Tbk (INDF)." Jurnal Ekonomi, Akuntansi, dan Perpajakan 1, no. 4 (2024).

Ghina Wahdiyanti, et al. (2024) 'Dampak Konsolidasi Keuangan Terhadap Likuiditas, Profitabilitas, dan Ekuitas-Earning Based: Studi Kasus Pada PT Indofood Sukses Makmur Tbk (INDF)', Jurnal Ekonomi, Akuntansi, dan Perpajakan, 1(4). doi: 10.61132/jeap.v1i4.586.

Ghina Wahdiyanti; Maya Lizqiyanti; Taupan Irmansyah; M. Masrukhan. Dampak Konsolidasi Keuangan Terhadap Likuiditas, Profitabilitas, dan Ekuitas-Earning Based: Studi Kasus Pada PT Indofood Sukses Makmur Tbk (INDF). Jurnal Ekonomi, Akuntansi, dan Perpajakan. 2024;1(4).

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