ANALISIS KINERJA KEUANGAN SEBAGAI ALAT PREDIKSI KEBANGKRUTAN DENGAN MODEL DISKRIMINAN

2015 ◽  
Vol 10 (2) ◽  
pp. 97
Author(s):  
Yulinartati Yulinartati
Keyword(s):  
Discriminant Analysis ◽  
Profit Margin ◽  
Return On Assets ◽  
Current Ratio ◽  
Return On Equity ◽  
Discriminant Model ◽  
Operating Profit ◽  
Net Profit ◽  
Equity Ratio ◽  
Turn Over

The purpose of this study was to determine whether the Current Ratio (CR), Debt Equity Ratio (DER), Total Assets Over Turen (TATO), net profit margin (NPM), Debt to Assets Ratio (DAR), Return on Assets (ROA) , Return on Equity (ROE), Gross Profit Margin (GPM), Operating Profit Margin (OPM) influential in distinguishing healthy firms and perusahaa bankruptcy discriminant model. Based on discriminant analysis of known groups of healthy companies and a group of companies that went bankrupt differ significantly, from 9 (nine) variables are in use only 4 (four) variable Current Ratio, Debt Equity Ratio, Net Profit Margin, and Gross Profit Margin is selected and able to differentiate healthy companies and companies go bankrupt, while the 5 (five) of the variables, Turn Over Total Assets, Debt to Assets Ratio, Return on Assets, Return on Assets, and Operating Profit Margin are not able to differentiate healthy and bankrupt companies. Keywords: Current Ratio ,Debt Equity Ratio, Total Assets Turen Over , Net profit Margin , Return on Assets, Return on Equity

scholarly journals ANALISIS RASIO KEUANGAN TERHADAP KINERJA KEUANGAN PT. ANGKASA PURA II (PERSERO) PERIODE 2017 - 2019

2020 ◽  
Vol 2 (2) ◽  
pp. 75-97
Author(s):  
Arini Dewi Chintyana ◽  
Cyntiana Kosasih ◽  
Dea Novita ◽  
Dedeh Ropikoh ◽  
Deni Rizki Rifaldi ◽  
...  
Keyword(s):  
Profit Margin ◽  
Fixed Asset ◽  
Current Ratio ◽  
Asset Return ◽  
Return On Equity ◽  
Operating Profit ◽  
Net Profit ◽  
Equity Ratio ◽  
Turn Over

Penelitian ini berjudul Analisis Rasio Keuangan Terhadap Kinerja Keuangan PT. Angkasa Pura II (Persero) Periode 2017-2019. Tujuan dari penelitian ini adalah untuk melihat perbandingan kinerja keuangan perusahaan yang diukur melalui analisis rasio keuangan, yang terdiri dari : Rasio Likuiditas (Current Ratio, Quick Ratio, Cash Ratio), rasio solvabilitas (Debt to Asset Ratio, Debt to Equity Ratio, Long Term Debt to Equity Ratio, Time Interest Earned Ratio), rasio aktivitas (Total Asset Turn Over Working Capital Turn Over, Fixed Asset Turn Over) dan rasio profitabilitas (Net Profit Margin, Operating Profit Margin, Return on Asset, Return on Equity, Earning Per Share). Yang menjadi objek penelitian adalah PT. Angkasa Pura II (Persero). Jenis penelitian yang dilakukan adalah penelitian deskriptif. Fokus penelitian adalah laporan keuangan perusahaan yang terdiri dari laporan neraca dan Laporan laba rugi periode tahun 2017-2019. Sumber data yang digunakan adalah data sekunder yang diperoleh dari website www.angkasapura2.co.id . Analisis data yang digunakan dalam penelitian ini adalah analisis deskriptif dengan menggunakan analisis rasio keuangan. Hasil penelitian ini menunjukan kinerja keuangan PT. Angkasa Pura II (Persero) periode 2017-2019 yang terdiri dari rasio likuiditas, solvabilitas, aktivitas dan profitabilitas.

scholarly journals PERBANDINGAN LIKUIDITAS, SOLVABILITAS, DAN PROFITABILITAS SEBELUM DAN SETELAH RIGHT ISSUE

2020 ◽  
Vol 3 (3) ◽  
pp. 339
Author(s):  
Siti Nurmaalasari ◽  
Supramono Supramono ◽  
Diah Yudhawati
Keyword(s):  
Profit Margin ◽  
Return On Assets ◽  
Current Ratio ◽  
Return On Equity ◽  
Net Profit ◽  
Equity Ratio

Penelitian ini bertujuan untuk mengetahui perbandingan Likuiditas, Solvabilitas, dan Profitabilitas sebelum dan sesudah melakukan Right Issue. Penelitian ini dilakukan terhadap 2 (dua) perusahaan yang bergerak dibidang subsektor jasa kontruksi yang melakukan Right Issue di Bursa Efek Indonesia selama tahun 2012-2018. Rasio yang digunakan dalam penelitian ini adalah antara lain : Current Ratio (CR), Quick Ratio (QR), Return on Assets (ROA), Return on Equity (ROE), Net Profit Margin (NPM), Debt Equity Ratio (DER), dan Debt to Assets. Dari hasil analisis perbandingan Likuiditas,Solvabilitas, dan Profitabilitas yang diukur dengan Current Ratio (CR), Quick Ratio (QR), Return on Assets (ROA), Return on Equity (ROE), Net Profit Margin (NPM), Debt Equity Ratio (DER), dan Debt to Assets terdapat perbandingan sebelum dan sesudah melakukan Right Issue. Rasio keuangan Likuiditas dan Profitabilitas pada kedua perusahaan tersebut lebih baik sebelum Right Issue dibandingkan setelah Right Issue.Tetapi rasio Solvabilitas perusahaan PT Waskita Karya Tbk dan PT Adhi karya pada Debt to Equity Ratio unsolvable.Namun Debt to assets pada PT Adhi Karya Tbk di tahun 2012-2013 solvable dan di tahun 2014 unsolvable.

scholarly journals ANALISIS PERBEDAAN KINERJA KEUANGAN SEBELUM DAN SESUDAH RIGHT ISSUE (Studi pada Entitas Manufaktur yang Terdaftar di Bursa Efek Indonesia)

2018 ◽  
Vol 6 (1) ◽  
pp. 11
Author(s):  
Syaiful Bahri
Keyword(s):  
T Test ◽  
Profit Margin ◽  
Total Asset ◽  
Debt Ratio ◽  
Current Ratio ◽  
Return On Equity ◽  
Paired Sample ◽  
Net Profit ◽  
Equity Ratio ◽  
Turn Over

Penelitian ini bertujuan untuk mengetahui ada tidaknya perbedaan kinerja keuangan sebelum dan sesudah right issue pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2011-2015. Right issue adalah penawaran saham tambahan di luar saham awal. Periode pengamatan satu tahun sebelum dan satu tahun setelah right issue. Variabel penelitian adalah kinerja keuangan termasuk current ratio (CR), quick ratio (QR), debt ratio (DR), debt to equity ratio (DER), net profit margin (NPM), return on equity (ROE), return on asset (ROA), dan total asset turn over (TATO). Teknik pengambilan sampel menggunakan metode purposive sampling. Sampel mencakup delapan perusahaan yang melakukan right issue dari 2011-2015. Pengujian hipotesis menggunakan metode tes yang berbeda (paired sample t-test). Hasil analisis menggunakan paired sample t-test menunjukkan tiga perbedaan signifikan, yaitu current ratio (CR), debt to equity ratio (DER), dan total asset turn over (TATO) dengan nilai signifikansi current ratio (CR) sebesar 0,006, nilai untuk signifikansi untuk debt equity ratio (DER) sebesar 0,11, dan total nilai signifikansi untuk total asset turn over (TATO) sebesar 0,000 pada tingkat riil (α) = 0,05. Sementara quick ratio (QR), debt ratio (DR), net profit margin (NPM), return on equity (ROE), dan return on asset (ROA), tidak ada perbedaan yang signifikan sebelum dan sesudah right issue. Untuk peneliti berikutnya, dapat menggunakan objek penelitian yang lebih besar untuk hasil penelitian dapat digeneralisasikan, tambahkan periode pengamatan yang lebih spesifik, dan tambahkan variabel penelitian.

scholarly journals Analisa Rasio Keuangan untuk Memprediksi Perubahan Laba pada Perusahaan Telekomunikasi Indonesia

2011 ◽  
Vol 2 (2) ◽  
pp. 883
Author(s):  
Engelwati Gani ◽  
Almitra Indira
Keyword(s):  
Stock Exchange ◽  
Profit Margin ◽  
Total Asset ◽  
Return On Assets ◽  
Current Ratio ◽  
Return On Equity ◽  
Operating Margin ◽  
Net Profit ◽  
Turn Over ◽  
Telecommunications Companies

This study was conducted to test the variable Current Ratio (CR), Net Profit Margin (NPM), Operating Margin Ratio (OMR), Return On Equity (ROE), Return on Assets (ROA) and Total Asset Turn Over (tattoo) to changing profit. Data obtained by the method of purposive sampling criteria (1) Telecommunications Companies listed on the Indonesia Stock Exchange (IDX) and consistently throughout the study period (2003 to 2010) and Telecommunication Company that provides the data of financial statements during the study period (2003 to 2010). The analysis showed that the data used in this study have been normally distributed and satisfy the classical assumptions, which include: there is no autocorrelation, no symptoms of multicollinearity, and no symptoms hetereskedasitas. From the results of regression analysis showed that the variables Net Profit Margin (NPM) and Operating Margin Ratio (OMR) partially significant effect on change in earnings. While the variable Current Ratio (CR), Return on Equity (ROE), Return on Assets (ROA) and Total Asset Turn Over (TATTOO) no significant effect on changes in earnings. The six variables used in the study jointly affect changes in earnings. Predictive capability of the six variables simultaneously is equal to 36.4%. 

FINANCIAL PERFORMANCE ANALYSIS ON KSP TRI DHARMA ARTHA SEPUTIH RAMAN.

2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Suwarto Suwarto
Keyword(s):  
Financial Performance ◽  
Profit Margin ◽  
Financial Statement ◽  
Return On Assets ◽  
Current Ratio ◽  
Savings And Loans ◽  
Return On Equity ◽  
Net Profit ◽  
Equity Ratio ◽  
Solvency Ratio

This research is motivation to know the financial performance of ksp so that the management of the ksp can perform their duties and obligations well in accordance with the objectives of the cooperative in general.The purpose of this study to determine the financial performance of ksp based on the ratio of Liquidity, Solvency and Profitability on Tri Dharma Cooperative Artha Seputih Raman.Based on the it can be concluded the financial performance of Savings and Loans Cooperative Tri Dharma Artha Seputih Raman years in 2012-2016 are:The liquidity ratio consisting of current ratio yielded an average of 90.44%. It can be concluded that current ratio includes bad criteria because less than 125%. Solvency ratio consists of debt to asset ratio yield average of 91,42% and can be concluded debt to asset ratio including criterion less good, because bigger than 60% to 95%. While based on the calculation of debt to equity ratio produce an average of 1,074.05%, it can be concluded debt to equity ratio including bad criteria because greater than 200% and profitability ratio consisting of return on assets (ROA) yield average of 1 , 36%, can be concluded return on assets (ROA) including criteria less good because more than 1% to 3% whereas based on calculation of return on equity (ROE) yield average of 16,04%, can be concluded return on equity ( ROE) is included in good criteria because it is greater than 15% to 21% and based on the calculation of net profit margin (NPM) yields an average of 8.08%, net profit margin (NPM) is considered good enough criteria as more than 5% to 10%.Keywords: Financial Statement, Liquidity Ratio, Solvency Ratio, and Profitability Ratio 

ANALISIS PERBANDINGAN KINERJA KEUANGAN PERUSAHAAN SEBELUM DAN SESUDAH MERGER DAN AKUISISI YANG TERDAFTAR DIBURSA EFEK INDONESIA (STUDI PADA PERUSAHAAN PUBLIK TAHUN 2010-2013)

2019 ◽  
pp. 139-160
Author(s):  
Fitriani F. Silaban ◽  
Evelin R.R. Silalahi
Keyword(s):  
Return On Investment ◽  
T Test ◽  
Return On Assets ◽  
Current Ratio ◽  
Return On Equity ◽  
Paired Sample ◽  
Investment Return ◽  
Net Profit ◽  
Equity Ratio ◽  
Turn Over

Penelitian ini bertujuan untuk mengetahui apakah terdapat perbedaan kinerja keuangan perusahaan yang melakukan merger dan akuisisi 2 tahun sebelum dan 2 tahun sesudah merger dan akuisisipada perusahaan publik yang terdaftar di Bursa efek indonesia tahun 2010-2013.Teknik pengambilan sampel yang digunakan adalah purposive sampling dengan jumlah sampel sebanyak 14 perusahaan. Data diperoleh dari Bursa Efek Indonesia tahun 2010-2013. Teknik analisis data yang digunakan adalah uji beda (uji t) dan pengujian hipotesis menggunakan uji Paired Sample T-test dengan tingkat signifikansi sebesar 5%.Berdasarkan hasil penelitian dan uji Paired Sample T-test menunjukkan bahwa tidak terdapat perbedaan kinerja keuangan perusahaan yang melakukan merger dan akuisisi 2 tahun sebelum dan 2 tahun sesudah merger dan akuisisi yang diukur dengan Net Profit Margin, Return on Investment, Return on Equity,Earning Per Share, Total Asset Turn over, Current Ratio, Debt To Equity Ratio, sedangkan pada Return on Assets terdapat perbedaan yang signifikan terhadap kinerja keuangan pada perusahaan publik yang terdaftar di Bursa Efek Indonesia tahun 2010-2013. Hasil penelitian ini disebabkan karena adanya kemungkinan principal yang mengusulkan merger dan akuisisi dilakukan tanpa melakukan pengendalian terhadap kinerja perusahaan yang akan dimerger dan diakuisisi serta kemungkinan agen juga memanfaatkan keputusan ini untuk kepentingan pribadi yang menjadikan kinerja perusahaan tidak optimal sehingga tujuan merger dan akuisisi yang dibuat perusahaan untuk meningkatkan nilai dan kinerja perusahaan tidak tercapai.

scholarly journals Analisis Rasio Keuangan Sebagai Tolok Ukur Kinerja Keuangan Badan Usaha Milik Desa (Bumdes) Arum Dalu Ngabar

2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Govindha Zahra Maharyani ◽  
Dwiati Marsiwi ◽  
Titin Eka Ardiana
Keyword(s):  
Financial Performance ◽  
Financial Statements ◽  
Profit Margin ◽  
Return On Assets ◽  
Current Ratio ◽  
Return On Equity ◽  
Average Value ◽  
Net Profit ◽  
Equity Ratio ◽  
The Republic

BUMDes is a new line of business that is being promoted by the Government of the Republic of Indonesia. Establishment of BUMDes is intended to realize the Autonomous Village program. This study aims to determine the financial performance of BUMDes Arum Dalu Ngabar from 2015 to 2018. The assessment indicators are using Current Ratio, Debt to Equity Ratio, Return on Equity, Total Assets Turn Over, Net Profit Margin, and Return on Assets. The population in this study is all financial statements belonging to BUMDes Arum Dalu in 2015-2018. The sample used is the Arum Dalu BUMDes financial statements in 2015-2018. The data used are secondary data and data collection techniques by obtaining documents through other people. The data analysis technique in this study is the analysis of financial ratios. This study shows the results that the current ratio assessment is categorized Very Poor, with an average value of 2.492%. Debt to equity ratio is categorized Very Good, with an average value of 2.54%. Return on Equity is categorized as Fair, with an average value of 10.8%. Total assets turnover is categorized as Very Poor, with an average value of 0.19 times. Net profit margin in 2015-2018 is categorized Very Good with an average value of 51.5% and Return on assets is also categorized Very Good, with an average value of 10.5%. Based from the evaluation indicators of the Republic of Indonesia State Minister for Cooperatives, Small and Medium Enterprises Number. 06 / Per / M.KUKM / V / 2006 as a whole, the financial performance of BUMDes Arum Dalu is in the Fair category. Thus, the financial performance of BUMDes Arum Dalu really needs to be improved.

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 PERBANDINGAN KINERJA KEUANGAN PERUSAHAAN SEBELUM DAN SESUDAH MERGER DAN AKUISISI PADA PERUSAHAAN YANG TERDAFTAR DI BEI

2016 ◽  
Vol 5 (2) ◽  
Author(s):  
Ayu Maulida
Keyword(s):  
Mergers And Acquisitions ◽  
Profit Margin ◽  
Financial Ratios ◽  
Return On Assets ◽  
Return On Equity ◽  
Operating Profit ◽  
Fixed Assets ◽  
Net Profit ◽  
Before And After ◽  
Equity Ratio

This study aimed to analyze the differences in financial performance before and after mergers and acquisitions based on financial ratios : Current Ratio (CR), Quick Ratio (QR), Debt to Assets Ratio (DAR), Debt to Equity Ratio (DER), Return On Assets (ROA), Return On Equity (ROE), Gross Profit Margin (GPM), Operating Profit Margin (OPM), Net Profit Margin (NPM), Fixed Assets Turnover (FATO), Total Assets Turnover (TATO), dan   Earnings Per Share  (EPS) at the companies listed on the Stock Exchange. This type of research is comparative , and sampling using purposive sampling. The type of data using quantitative data and data sources obtained from secondary data. The analysis technique used is the model for the Kolmogorov-Smirnov test for normality, and parametric test Paired Sample T Test to test hipoteisis. The results showed that there were significant differences between before and after mergers and acquisitions based on financial ratios Debt to Assets Ratio (DAR) in the comparative period of 2 years before and 2 years after puberty and acquisitions as well as comparison of 2 years before the 3 years after the mergers and acquisitions. The results also showed a significant difference based on financial ratios Debt to Equity Ratio (DER) at a ratio of 2-year period prior to 2 years after the mergers and acquisitions. While based on the ratio of Current Ratio (CR), Quick Ratio (QR), Return on Assets (ROA), Return on Equity (ROE), Gross Profit Margin (GPM), Operating Profit Margin (OPM), Net Profit Margin (NPM), fixed Assets Turnover (FATO), Total Assets Turnover (TATO), and Earnings Per Share (EPS), the results showed that there were no significant differences for all the study period.Keywords: Mergers and acquisitions, financial performance, quantitative, Paired Sample T Test

scholarly journals THE EFFECT OF PROFITABILTY, DEBT POLICY AND FIRM SIZE ON COMPANY VALUE IN CONSUMER GOODS COMPANIES

2019 ◽  
Vol 7 (1) ◽  
pp. 1217-1229
Author(s):  
Adat Muli Peranginangin
Keyword(s):  
Firm Size ◽  
Consumer Goods ◽  
Profit Margin ◽  
Return On Assets ◽  
Return On Equity ◽  
Operating Profit ◽  
Company Value ◽  
Net Profit ◽  
Equity Ratio ◽  
Debt Policy

The objective of the research was to examine and analyze the influence of Profitability Ratio (Gross Profit Margin/GPM, Operating Profit Margin/OPM, Net Profit Margin/NPM, Return On Assets/ROA, Return On Equity/ROE), Debt Policy (Debt Equity Ratio/DER) and Firm size (Assets Size) on   the Company Value (Price Earning Ratio/PER) in consumer goods companies listed in the Indonesia Stock Exchange. The research used causal research method and secondary data. The population was 47 consumer goods companies listed in the Indonesia Stock Exchange in the period of 2015-2017, and 23 of them were used as the samples, taken by purposive sampling  technique. The data  were  analyzed  by using  multiple linear  regression analysis.   The result of the research showed that the Profitability Ratio (Gross Profit Margin/GPM, Operating Profit Margin/OPM, Net Profit Margin/NPM, Return On Assets/ROA, Return On Equity/ROE), Debt Policy ( Debt Equity Ratio/DER) and Firm size (Assets Size) influenced  Company Value (Price Earning Ratio/PER). Partially Gross Profit Margin (GPM) and Firm Size (Assets Size) influenced  and was significant to Company Value (Price Earning Ratio), while the Operating Profit Margin (OPM),   Net Profit Margin(NPM), Return On Assets(ROA),  Return  On  Equity(ROE)  and  Debt  Policy  (Debt  Equity  Ratio/DER)  did  not influence and was not  significant on the company value (Price Earning Ratio ).

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