Measuring Financial Ratio Analysis on PT. Siloam International Hospitals, Tbk, Indonesia for Future Business Consideration

Healthcare is a main component of our life, and a hospital has an important function to support it. However, every hospital needs to have a healthy financial condition to maintain business sustainability. This research aims to analyze and measure the financial ratios of PT. Siloam International Hospitals, Tbk, Indonesia for the periods of 2017 to 2021. The company has conducted Initial Public Offering (IPO) since the year 2013 and has been growing several units of hospitals since then, becoming one of the growing hospital chains spread nationwide. The financial ratios will be calculated to understand and measure the company’s performance, using the analysis tools to determine whether the company’s financial condition is in good or bad shape for future business performance consideration. The financial ratios consist of liquidity, solvency, and profitability ratios, and will be calculated based on public financial reports of the company.