Choice of Instruments of Financing of Capital Investments of the Entity

2018 ◽  
Vol 6 (5) ◽  
pp. 32-40
Author(s):  
О. Кузнецова ◽  
O. Kuznetsova
Keyword(s):  
Capital Investments ◽  
Fixed Asset ◽  
Production Sector ◽  
Statistical Selection ◽  
Net Profit ◽  
Capital Financing ◽  
Standard Values ◽  
Asset Depreciation ◽  
Choice Of Instruments ◽  
Depreciation Methods

In article theoretical and practical aspects on optimization of system of capital financing for domestic enterprises are studied. The research purpose includes search of available allowances in mobilization of a net profit and fixed asset depreciation. Methods of a research are monographic, comparison, group, and the analysis, hypothetical. The author analyzed coefficients of autonomy and financing of investments for the enterprises of real production sector. Financial coefficients appeared below standard values. The author investigated average sizes of indicators across Russia and on own statistical selection consisting of 15 organizations. The author offered the concept of mobilization of own sources of financing of real investments. It includes actions for acceleration of process of forming of a depreciation fund and mobilization of a net profit of firms due to use of an investment deduction on the income tax of the organizations and a depreciation bonus.

scholarly journals Management of the formation of stocks of material resources of the enterprise

2021 ◽  
pp. 191-197
Author(s):  
A. Sumets
Keyword(s):  
Economic Effect ◽  
Normal Operation ◽  
Capital Investments ◽  
Analog Model ◽  
Manufacturing Enterprise ◽  
Logistics System ◽  
Material Resources ◽  
Industrial Enterprises ◽  
Net Profit ◽  
The Impact

The article deals with the problem of forming a reasonable level of stocks of material resources of the logistics system of a manufacturing enterprise. It was stated that in the share of material resources of industrial enterprises, the leading place is occupied by stocks of raw materials, materials, semi-finished products, and blanks. The latter belong to the category of inventories. Therefore, the management of this type of material resources is one of the most urgent tasks for enterprises. In this regard, there is a need for a modern approach to the problem of managing stocks of material resources and the economic assessment of the profitability of creating production and commercial stocks. And at the same time, one of the important questions is to determine their optimal volume. It was found that when forming stocks of material resources, it is necessary to simultaneously comply with the requirements for the sufficiency of their volume to ensure the normal operation of the enterprise's logistics system, to reduce their volume as much as possible while increasing the degree of mobility, and to minimize the total costs associated with the formation of stocks. An analog model for assessing the economic efficiency of the influence of changes in the size of the stock of material resources on the comparative economic effect of the logistics activities of an enterprise is proposed for practical use. This model takes into account the causal relationship between natural (partial) and cost (generalizing) indicators of the inventory management system of material resources and provides an opportunity to calculate the comparative economic effect of changes in the volume of inventories at the enterprise. In practice, this will make it possible to economically substantiate the decision on the need to form stocks of one or another type of material resources. It is shown that the economic effect of the functioning of the logistics system of a manufacturing enterprise is significantly influenced by the growth of fixed and circulating assets. To determine the assessment of the impact of the growth of fixed and current assets on the value of the economic effect, an analog model is proposed. The main structural elements of such a model are an increase in capital investments in fixed assets, an increase in profits from product sales, a change in logistics costs, an increase (savings) in investment in current assets, a change in the cost of production. These factors are directly related to the growth of depreciation charges, the increase in profits from the acceleration of inventory turnover and the increase in net profit. Taking into account the results of the studies performed, it was found that the economic effect is formed by the total discounted net profit and the amount of depreciation (provided there are no penalties) minus the total additional capital investments in the enterprise. To calculate the economic effect, a corresponding mathematical relationship is proposed. The key words: enterprise, stock, stock size, material resources, evaluation, relative economic effect.

Concept of Growth of Capital Investments of Agricultural Enterprises in Russia

2018 ◽  
Vol 6 (3) ◽  
pp. 23-28
Author(s):  
М. Мишина ◽  
M. Mishina
Keyword(s):  
Scientific Work ◽  
Central Place ◽  
Capital Investments ◽  
Agricultural Enterprises ◽  
Capital Costs ◽  
Accounting Practice ◽  
Fixed Assets ◽  
Capital Financing ◽  
Agricultural Organizations ◽  
Stimulation Of

The Russian agricultural enterprises feel the need for updating and building-up of amounts of fixed assets. The research purpose is a development of the concept of stimulation of capital investments for agrarian firms of Russia. The article contains data on real investments and sources of their financing in domestic agricultural organizations. Scientific work reflects problems of mobilization of own financial resources and conceptual provisions in the field of growth of capital investments of agrarian firms. The central place in the author’s concept is taken by a package of measures for additional inflow of sources of capital financing. The main direction is an implementation of tax optimization in accounting practice of agricultural organizations. The concept includes control of target use of sources of financing of capital investments and express-analysis of efficiency of capital costs by each project.

Federal Accounting Standard 6/2020: Disputable issues of using some aspects of depreciation of fixed assets

2021 ◽  
Vol 22 (5) ◽  
pp. 548-574
Author(s):  
Ekaterina K. KOPYLOVA ◽  
Tat'yana I. KOPYLOVA
Keyword(s):  
Economic Benefits ◽  
Value Assessment ◽  
Fixed Asset ◽  
Accounting Standard ◽  
Accounting Practice ◽  
Firm Objectives ◽  
Fixed Assets ◽  
The Subject ◽  
Useful Life ◽  
Depreciation Methods

Subject. Currently, it is still important to choose how depreciation is charged, since this exactly reflects how future economic benefits of fixed assets are allocated over time. Amendments to the Russian laws on the use of Federal Accounting Standard (FAS) 6/2020 Fixed Assets helped update not only the procedure, but also the terminology. This totally influence how depreciation is recognized as per accounting policies of a firm. Objectives. The study focuses on the specifics of regulation and accounting for depreciation of fixed assets. Methods. The methodology includes the methods of analysis, systematization, comparison and generalization of regulatory sources and scientific literature on the subject. Results. We conducted the critical analysis of FAS 6/2020 in terms of using depreciation aspects, which relate to the useful life of a fixed asset, its drop value and depreciation method. Having analyzed regulatory documents, we summarized requirements to the useful life of fixed assets. Conclusions and Relevance. Practical issues of the drop value assessment should be resolved with respect to international practices. We also suggest non-governmental regulators of the Russian accounting practice should outline guidelines for the assessment of the drop value. There are still pending issues concerning the calculation of depreciation when a fixed asset is not used each day of a month. The depreciation calculation method should be stipulated in accounting policies, like aspects of revising depreciation elements. Considering the use of FAS 6/2020, accounting policies should be updated to formulate the content of changed aspects. The findings may prove useful to accountants when updating accounting policies on the use of depreciation methods in 2022 and onward.

scholarly journals ANALISIS RASIO KEUANGAN PT. TELEKOMUNIKASI INDONESIA TBK TAHUN 2017-2019

2020 ◽  
Vol 2 (2) ◽  
pp. 58-74
Author(s):  
Felia Eka Srilestari ◽  
Galuh Cahya Gumilang ◽  
Hasbiyalloh ◽  
Hendi Valerian ◽  
Husna Qurrota Aini ◽  
...  
Keyword(s):  
Profit Margin ◽  
Total Asset ◽  
Fixed Asset ◽  
Current Ratio ◽  
Asset Return ◽  
Return On Equity ◽  
Net Profit ◽  
Asset Turnover ◽  
Equity Ratio ◽  
Turn Over

Penelitian ini dilakukan untuk menganalisis rasio keuangan PT. Telekomunikasi Indonesia Tbk. selama periode 2017 hingga 2019 untuk melihat kemampuan perusahaan menggunakan rasio keuangan dan laporan perusahaan. Penelitian ini menggunakan data sekunder dengan memanfaatkan laporan keuangan dan laporan perusahaan. Alat analisis yang digunakan dalam penelitian ini adalah menggunakan rasio likuditas, rasio solvabilitas, rasio aktivitas, dan rasio profitabilitas. Berdasarkan hasil penelitian ini menunjukkan bahwa kinerja keuangan PT. Telekomunikasi Indonesia Tbk. selama periode penelitian mengalami peningkatan dan penurunan. Hasil Perhitungan rasio likuiditas yang terdiri dari Current Ratio, Quick Ratio, dan Cash Ratio untuk periode 2017 hingga 2019 menurun. Pengukuran dan rasio solvabilitas yang menggunakan Debt to Assets Ratio dan Debt to Equity Ratio untuk periode 2017 hingga 2019 meningkat. Untuk rasio aktivitas yang terdiri dari Total Asset Turn Over dan Fixed Asset TurnOver untuk periode 2017 hingga 2019 menurun. Dan untuk rasio profitabilitas yang terdiri dari Net Profit Margin, Return on Asset, Return on Equity 2017 hingga 2019 menurun.

scholarly journals ANALISIS LAPORAN KEUANGAN SEBAGAI ALAT UNTUK MENILAI KINERJA KEUANGAN PT PELABUHAN INDONESIA III SURABAYA

2015 ◽  
Vol 4 (2) ◽  
pp. 125
Author(s):  
Nur Wahyuning Sulistyowati
Keyword(s):  
Profit Margin ◽  
Debt Ratio ◽  
Financial Leverage ◽  
Fixed Asset ◽  
Current Ratio ◽  
Net Profit ◽  
Turn Over

Penelitian ini bertujuan untuk mengetahui kinerja keuangan PT Pelabuhan Indonesia III Surabaya selama 5 tahun dari tahun 2006 sampai 2010. Metode yang digunakan dalam penelitian ini adalah penelitian deskriptif dengan menggunakan data sekunder yang berupa laporan keuangan perusahaan selama 5 tahun dan menggunakan metode pengumpulan data secara dokumenter. Data yang digunakan dalam penelitian ini adalah laporan keuangan selama 5 tahun dan 8 rasio keuangan yaitu rasio likuiditas yang terdiri dari <em>current ratio </em>dan <em>quick ratio; </em>rasio aktivitas yang terdiri dari <em>net fixed asset turn over </em>dan <em>asset turn over</em>; rasio <em>leverage</em> yang terdiri dari <em>financial leverage </em>dan <em>debt ratio</em>; serta rasio profitabilitas yang terdiri dari <em>net profit margin </em>dan <em>ROA</em>. Hasil penelitian menunjukkan bahwa aktivitas dan leverage selama 5 tahun mengalami peningkatan sedangkan rasio likuiditas rasio profitabilitas mengalami fluktuasi bahkan cenderung menurun. Simpulan penelitian bahwa analisis rasio keuangan dapat digunakan untuk menilai kinerja keuangan PT Pelabuhan Indonesia III Surabaya yang menunjukkan hasil kinerja keuangan perusahaan ini mengalami peningkatan meskipun tidak signifikan.

scholarly journals THE EFFICIENCY OF THE OIL AND GAS COMPLEX OF THE RUSSIA

2019 ◽  
Vol 2 (5) ◽  
pp. 138-146
Author(s):  
Irina Filimonova
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Operating Costs ◽  
Capital Investments ◽  
Gas Industry ◽  
Hydrocarbon Production ◽  
Net Profit ◽  
Tax Payments ◽  
Return On Sales ◽  
Comprehensive Study

The article carried out a comprehensive study and analyzed a set of indicators reflecting the performance of companies in the oil and gas industry in Russia, namely, the return on sales by net profit, the ratio of operating expenses (including tax payments), the tax burden, the ratio of revenue to hydrocarbon production, the ratio operating costs to production, the ratio of net profit to production, the coefficient of economic efficiency of capital investments. Thus, the purpose of this research was to assess the effectiveness of the oil and gas industry in Russia. The article based on the works of domestic and foreign scientists in the field of forecasting the world and Russian energy, general theoretical, macroeconomic, regional issues, including those related to the energy supply of the economy, the study of energy economics, energy efficiency, etc.

scholarly journals Capital investments as a driver of technological restructuring in the production sector of Ukraine and its regions in the post-industrial era

2017 ◽  
pp. 7-18
Author(s):  
Volodymyr Zakharchenko
Keyword(s):  
Political Institutions ◽  
Technological Development ◽  
Rapid Development ◽  
Methodological Approach ◽  
Capital Investments ◽  
Production Sector ◽  
Strategic Objectives ◽  
Industrial Activities ◽  
Its Regions ◽  
Post Industrial

The article justifies the necessity of technological restructuring in the production sector of Ukraine and its regions in the post-industrial era. Also, it explains the importance of capital investments for a rapid development of more advanced industrial activities. Based on the methodological approaches related to structuring in the production sector of Ukraine and its regions and given various levels of technological development (technological modes), the author develops a new methodological approach, which includes both basic elements of structural analysis and special ones, implying the use of Heckman’s factor. The dynamics and structure of capital investments are analyzed, their impact on the turnover in Ukraine and its regions is determined in terms of particular industrial activities of various technological levels. Strategic objectives of technological restructuring in the production sector of Ukraine and its regions in the post-industrial era are identified. They involve the improvement of social and political institutions as well as the implementation of a more balanced state industrial policy. In order to establish a post-industrial technological structure in the production sector of Ukraine and its regions the advantage of increasing capital investments and their redistribution towards high technology industrial activities are recognized.

scholarly journals Cognitive modeling of factors of influence on the processes of formation and reproduction of fixed assets of agricultural enterprises

2019 ◽  
Vol 16 (4) ◽  
pp. 73-87 ◽  
Author(s):  
Olena Yatsukh
Keyword(s):  
Cognitive Modeling ◽  
Cognitive Model ◽  
Capital Investments ◽  
Agricultural Producers ◽  
Agricultural Enterprises ◽  
Financial Condition ◽  
Fixed Assets ◽  
Net Profit ◽  
Factors Of Influence

The features of financial support for reproduction of fixed assets of agrarian enterprises are considered in the article. These include quantitative and qualitative differences in the basic assets of agrarian enterprises, seasonal production, long payback period of capital investments, the reproduction in agricultural enterprises of a significant part of fixed assets in kind, unsustainable financial condition of enterprises and lack of collateral for obtaining long-term loans, undervalued value of fixed assets, no accrual of depreciation on land. For the agricultural enterprises of Ukraine, a cognitive model of the situation &quot;Fixed Assets&quot; was developed, which allows us to investigate factors that determine the possibilities of expanding their reproduction in the light of unstable conditions of functioning. On the basis of cognitive modeling, studies of a possible scenario for the transformation of this system in accordance with the purpose of management have been carried out and modeling the dynamics of the levers of directing the management influences depending on the chosen behavior. It is established that the most significant factors influencing changes in the system of fixed assets are: net profit received by enterprises of the agrarian sector of Ukraine, state support of agricultural producers, foreign investments in agriculture and financing of fixed assets on the basis of leasing. Based on a correlation-regression analysis based on the estimation of stable cause-and-effect relationships, establishing quantitative relations between random variables of the investigated process, conditional forecasts of changes in the size of fixed assets of agricultural enterprises are constructed.

scholarly journals Perbandingan Penggunaan Straight Line Method Dan Double Declining Balance Method Pada Aset PT. Delimas Lestari Jaya

CICES ◽  
2020 ◽  
Vol 6 (1) ◽  
pp. 1-10
Author(s):  
Dina Satriani ◽  
Asep Saifudin ◽  
Po Abas Sunarya
Keyword(s):  
Balance Method ◽  
Management Policy ◽  
Fixed Asset ◽  
Line Method ◽  
Straight Line ◽  
Fixed Assets ◽  
Operational Activities ◽  
A Company ◽  
Straight Line Method ◽  
Depreciation Methods

PT. Delimas Lestari Jaya As one of the companies engaged in general trading and services of construction and Real Estate category. Assets remain instrumental in the operational activities of a company. Therefore, there needs to be appropriate management of fixed assets to be utilized according to the needs of the company. Generate different depreciation loads. Depreciation of fixed assets is calculated since the operation month or the month of fixed asset acquisition. Likewise if using depreciation. The purpose of this research is to know the depreciation of fixed assets according to PSAK No.  16, to determine the value of depreciation of fixed assets when using other depreciation methods, and to determine the company's management policy on the fixed asset treatment it has, and to compare depreciation load result between A straight line method and a declining balance method.

scholarly journals THE EFFECT OF COMPANY ACTIVITIES ON DEBT COMPOSITION AND PROFITABILITY ON PUBLIC COMPANIES IN INDONESIAN FOOD AND BEVERAGE INDUSTRY

2020 ◽  
Vol 8 (7) ◽  
pp. 371-380
Author(s):  
LCA Robin Jonathan ◽  
Theresia Militina
Keyword(s):  
Linear Regression Analysis ◽  
Financial Statements ◽  
Multiple Linear Regression Analysis ◽  
Fixed Asset ◽  
Public Companies ◽  
Beverage Industry ◽  
Food And Beverage Industry ◽  
Net Profit ◽  
Food And Beverage ◽  
Turn Over

This study aims to analyze the effect of company activities which projected in the Total Asset Turn Over (TATO), Inventory Turn Over (ITO), and Fixed Asset Turn Over (FATO) variables on Debt Composition (DAR) and Net Profit Margin (NPM) on Indonesian Public companies in food and beverages sector during 2013-2019. The research data is sourced from 21 issuers, 7 issuers do not include financial statements and losses, therefore the sample size is 14 issuers. Data were analyzed using multiple linear regression analysis and path analysis. The results showed that simultaneous company activities: TATO, ITO and FATO have significant effect on DAR and NPM. DAR has no significant effect in mediating the influence of TATO, ITO and FATO on NPM. Overall, DAR played a role in weakening TATO's influence on NPM. As for ITO and FATO, DAR played a role in strengthening ITO's influence and FATO's influence on NPM.

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