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Financial Feasibility Analysis of Pickled Skipjack Tuna Products at Titiefood MSMEs in Gorontalo City

Jurnal IPTEKS Pemanfaatan Sumberdaya Perikanan · Vol. 12 No. 2 (2025) · pp. 73–81

DOI
10.20956/jipsp.v12i2.49122
ISSN
2614-5014, 2355-729X
Published
2025-12-31
Publisher
Hasanuddin University
Language
en
License
creativecommons.org/licenses/by/4.0

Abstract

This study aims to analyze the financial feasibility of the pickled skipjack tuna production business at the Titie Food MSME in Gorontalo City through the R/C Ratio, Break Even Point (BEP), and Payback Period (PP) approaches. The research method uses a quantitative descriptive approach by collecting data on fixed costs, variable costs, production volume, revenue, and initial investment incurred by the MSME. The results show that the total fixed costs of the Titie Food MSME are IDR 8,606,165.46 per month, with total variable costs reaching IDR 37,275,000.00 for a production capacity of 2,100 units. The R/C Ratio analysis shows a value greater than 1, which indicates that the business is in a profitable condition and is feasible to run. The BEP analysis shows that the business reaches the break-even point at sales of 703 units or IDR 21,090,000, while actual production far exceeds this value, thus providing a high safety margin. Furthermore, the Payback Period (PP) analysis shows that the initial investment of IDR 413,178,997.00 can be recovered within 24.13 months, or approximately two years. Overall, the results of this study confirm that the pickled skipjack tuna production business at the Titie Food MSME is financially viable and has good long-term development prospects

Keywords

Collaboration network of the authors

11 authors · 19 co-authorship links · 1 across different organisations

Hover or tap a name to highlight its co-authors. Double-click to open the author's page.

  • State University of Gorontalo
  • Universitas Pattimura
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
Septian Palma ArianyAffiliation unknown2
SaifulUniversitas Pattimura1
Hartaty IsimaAffiliation unknown1
Tati NurhayatiAffiliation unknown1
Ekowati ChasanahAffiliation unknown1
Taufik HidayatAffiliation unknown1
Afriani KasadiAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://journal.unhas.ac.id/index.php/iptekspsp/oai, first harvested 5 Nov 2026, last seen 8 Nov 2026.
Original metadata (oai_dc) 
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	<dc:title xml:lang="en">Financial Feasibility Analysis of Pickled Skipjack Tuna Products at Titiefood MSMEs in Gorontalo City </dc:title>
	<dc:creator xml:lang="en">Pradilia, Andi Desiah</dc:creator>
	<dc:creator xml:lang="en">Reinal Putalan</dc:creator>
	<dc:creator xml:lang="en">Landjoi, Triatmi Agustina</dc:creator>
	<dc:creator xml:lang="en">Hasyim, Mawar</dc:creator>
	<dc:subject xml:lang="en">Break Even Point</dc:subject>
	<dc:subject xml:lang="en">Financial</dc:subject>
	<dc:subject xml:lang="en">Payback Period</dc:subject>
	<dc:subject xml:lang="en">Pickled skipjack tuna</dc:subject>
	<dc:subject xml:lang="en">R/C Ratio</dc:subject>
	<dc:description xml:lang="en">This study aims to analyze the financial feasibility of the pickled skipjack tuna production business at the Titie Food MSME in Gorontalo City through the R/C Ratio, Break Even Point (BEP), and Payback Period (PP) approaches. The research method uses a quantitative descriptive approach by collecting data on fixed costs, variable costs, production volume, revenue, and initial investment incurred by the MSME. The results show that the total fixed costs of the Titie Food MSME are IDR 8,606,165.46 per month, with total variable costs reaching IDR 37,275,000.00 for a production capacity of 2,100 units. The R/C Ratio analysis shows a value greater than 1, which indicates that the business is in a profitable condition and is feasible to run. The BEP analysis shows that the business reaches the break-even point at sales of 703 units or IDR 21,090,000, while actual production far exceeds this value, thus providing a high safety margin. Furthermore, the Payback Period (PP) analysis shows that the initial investment of IDR 413,178,997.00 can be recovered within 24.13 months, or approximately two years. Overall, the results of this study confirm that the pickled skipjack tuna production business at the Titie Food MSME is financially viable and has good long-term development prospects</dc:description>
	<dc:publisher xml:lang="en">Hasanuddin University</dc:publisher>
	<dc:date>2025-12-31</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en">Research article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.unhas.ac.id/index.php/iptekspsp/article/view/49122</dc:identifier>
	<dc:identifier>10.20956/jipsp.v12i2.49122</dc:identifier>
	<dc:source xml:lang="en">Jurnal IPTEKS Pemanfaatan Sumberdaya Perikanan; Vol. 12 No. 2 (2025); 73 - 81</dc:source>
	<dc:source>2614-5014</dc:source>
	<dc:source>2355-729X</dc:source>
	<dc:source>10.20956/jipsp.v12i2</dc:source>
	<dc:language>en</dc:language>
	<dc:relation>https://journal.unhas.ac.id/index.php/iptekspsp/article/view/49122/14013</dc:relation>
	<dc:relation>10.20956/jipsp.v12i2.49122.g14013</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2025 Jurnal IPTEKS Pemanfaatan Sumberdaya Perikanan</dc:rights>
	<dc:rights xml:lang="en">https://creativecommons.org/licenses/by/4.0</dc:rights>
</oai_dc:dc>