Simulation Approach in Risk-Weighted Cash Flow Rate of Return Determination

1986 ◽  
Author(s):  
J.P. Yu
Keyword(s):  
Cash Flow ◽  
Flow Rate ◽  
Rate Of Return ◽  
Simulation Approach

scholarly journals EVALUASI KELAYAKAN EKONOMIS TAMBANG PT AJE UNTUK PENERBITAN IZIN USAHA PERTAMBANGAN OPERASI PRODUKSI DI DINAS PERTAMBANGAN DAN ENERGI KABUPATEN TANAH BUMBU

2019 ◽  
Vol 3 (03) ◽  
Author(s):  
Aji Ahdinata ◽  
Agus Triantoro ◽  
Riswan Riswan
Keyword(s):  
Cash Flow ◽  
Flow Rate ◽  
Net Present Value ◽  
Payback Period ◽  
Rate Of Return ◽  
Present Value ◽  
Discounted Cash Flow

Dokumen studi kelayakan merupakan salah satu syarat dalam penerbitan IUP Operasi Produksi untuk memperoleh secara rinci seluruh aspek yang berkaitan penentuan kelayakan ekonomis dan teknis usaha pertambangan termasuk dampak lingkungan serta perencanaan pascatambang. Dokumen studi kelayakan dievaluasi dari segi kelayakan ekonomis pada salah satu perusahaan yang ada di Kabupaten Tanah Bumbu. Masalah yang diuraikan dalam penelitian ini yaitu evaluasi laporan studi kelayakan dari segi kelayakan ekonomi dalam proses penerbitan IUP Operasi Produksi. Laporan yang dievaluasi adalah laporan yang dilaporkan oleh PT AJE.Proses evaluasi kelayakan ekonomis tambang PT AJE melalui proses evaluasi proyek menggunakan kriteria Net Present Value (NPV), Discounted Cash Flow Rate of Return (DCFROR) dan Payback Period (PBP). Selain itu dilakukan pula analisis risiko menggunakan analisis sensitivitas atas perubahan dari perubahan harga jual batubara dan biaya ongkos operasi. Jumlah cadangan diambil berdasarkan data pemboran sebanyak 20 lokasi titik bor yang disampaikan PT AJE dari hasil eksplorasi lanjutan. Total cadangan terbukti adalah 1.211.644,20 ton terdiri dari 4 (empat) seam. Ditargetkan produksi batubara sebanyak  242.329 Ton/Tahun atau  20.194  Ton/Bulan, dengan SR 4 dan faktor kehilangan 10% serta umur tambang perusahaan 5 (lima) tahun. Harga jual batubara dihitung berdasarkan Harga Batubara Acuan (HBA) dan Harga Patokan Batubara (HPB) pada rata-rata Tahun 2016 sesuai dengan Peraturan Direktur Jenderal Mineral dan Batubara Nomor 999.K/30/DJB/2011adalah Rp572.686/Tonase. Total nilai pinjaman yang diajukan adalah Rp53.678.991.660, yang dipinjam tersebut akan dibayarkan selama jangka waktu 3 tahun, dan bank memberikan bunga pinjaman sebesar 13,5% per tahun.Hasil analisis kelayakan tambang menunjukkan bahwa proyek penambangan batubara ini layak dilanjutkan ke tahap operasi produksi karena memiliki nilai NPV sebesar Rp91.836.172.472 atau bernilai positif, laju pengembalian (DCFROR) sebesar 61,21 % atau lebih besar dari tingkat bunga minimum (15,6%), dan PBP selama 1,65 tahun atau dengan kata lain 3,35 tahun lebih cepat dari umur tambang.

TINJAUAN STUDI KELAYAKAN USAHA BADAN USAHA MILIK DESA (NAGARI) KAMANG HILIA SEJAHTERA KENAGARIAN KAMANG HILIA, KECAMATAN KAMANG MAGEK, KABUPATEN AGAM, PROVINSI SUMATERA BARAT

2018 ◽  
Vol 3 (2) ◽  
pp. 160
Author(s):  
Halkadri Fitra ◽  
Salma Taqwa ◽  
Charoline Cheisviyanny ◽  
Abel Tasman ◽  
Nurzi Sebrina
Keyword(s):  
Cash Flow ◽  
Net Present Value ◽  
Average Rate ◽  
Flow Analysis ◽  
Payback Period ◽  
Rate Of Return ◽  
Internal Rate Of Return ◽  
Present Value ◽  
Internal Rate

Penelitian ini bertujuan untuk melihat kelayakan aspek keuangan usaha grosir sembako Badan Usaha Milik Desa (Nagari) Kamang Hilia Sejahtera di Kenagarian Kamang Hilia Kecamatan Kamang Magek Kabupaten Agam Provinsi Sumatera Barat yang dilakukan pada tahun 2018. Penelitian bersifat deskriptif kuantitatif dengan menggunakan metode cash flow analysis, payback period, net present value, profitability index, internal rate of return, dan average rate of return. Hasil penelitian menunjukkan bahwa nilai net cash flow Badan Usaha Milik Desa (Nagari) Kamang Hilia Sejahtera adalah positif yaitu Rp.21.774.000, nilai payback period adalah 1,15 tahun, nilai net present value positif sebesar Rp.10.680.034,47, nilai profitability index adalah positif 1,37, sedangkan nilai internal rate of return adalah 46,7% dan nilai average rate of return adalah 57,23%. Berdasarkan standar penilaian maka semua metode yang digunakan memberikan kesimpulan bahwa usaha grosir sembako milik Badan Usaha Milik Desa (Nagari) Kamang Hilia Sejahtera dalam kategori layak untuk dilaksanakan.

VALUASI BISNIS BARU DAN OPTIMAL CAPITAL PERUSAHAAN JASA INDUSTRI (MAKLON) BAGI UMKM KERIPIK KEMASAN. (STUDI KASUS: PT KRISPINDO)

2020 ◽  
Vol 12 (2) ◽  
pp. 254-269
Author(s):  
Helena Dewi
Keyword(s):  
Cash Flow ◽  
Net Present Value ◽  
Cost Of Capital ◽  
Free Cash Flow ◽  
Rate Of Return ◽  
Internal Rate Of Return ◽  
Going Concern ◽  
Internal Rate ◽  
New Business ◽  
Equity Ratio

The increase of MSMEs in the food and beverage industry recently experiencing significant growth, especially during the Covid-19 pandemic. According to statistical data released by the Badan Pusat Statistik (BPS) in November 2020, the food industry dominated Micro and Small businesses in 2019 for 36.23%. The increasing number of MSME businesses in this sector becomes an opportunity for the processing services industry (contract manufacturer) to help MSMEs with all limitations. This study conducted a case study on PT. Krispindo as a company engaged in processing services (contract manufacturer) in the snack sector. This research aims to assess (valuation) new business proposed by PT. Krispindo in terms of optimal use of debt and equity for the company and also investment returns that can be given to investors. In addition, this research also aims to assist the company in making decisions for the following period project, decision to continue or discontinue the business. This study used optimal Cost of Capital (WACC) and Debt-to-Equity Ratio (DER) in setting optimal business capital. To measure investment return expectations for investors, the study used the company's Net Present Value (NPV), Free Cash Flow to Firm (FCFF) and Internal Rate of Return (IRR) approaches. To find out whether or not the business is further, this study uses Terminal Value Asset (TVA) and On Going Concern Value from the business obtained when the project ending. The results prove using debt in capital has more benefit for the company and the business can continue after the projection period ends.   Keywords: New Business Valuation (NPV), Debt-to-equity ratio (DER), Average Cost of Capital (WACC), Free Cash Flow to Firm (FCFF), Internal Rate of Return (IRR), Terminal Value Asset (TVA) and On Going Concern Value

Steady State Performance Simulation of Natural Gas Pipeline Driven by Compressor Stations

2016 ◽  
Author(s):  
S. M. Suleiman ◽  
Y. G. Li
Keyword(s):  
Steady State ◽  
Natural Gas ◽  
Flow Rate ◽  
Operating Conditions ◽  
Simulation Approach ◽  
Gas Pipelines ◽  
Performance Simulation ◽  
Natural Gas Pipelines ◽  
Natural Gas Pipeline ◽  
Pumping Stations

Natural gas pipeline plays an important role in transporting natural gas over a long distance. Its performance and operating behavior are affected by many factors, such as ambient conditions, natural gas flow rate, operation and control of compressor pumping stations, etc. Better understanding of the performance and behavior of an integrated pipeline-compressor system used for gas transmission will be beneficial to both design and operation of natural gas pipelines. This paper introduces a novel steady-state thermodynamic performance simulation approach for natural gas pipelines based on fundamental thermodynamics with the inclusion of the coupling between a pipeline and compressor pumping stations. A pipeline resistance model, a compressor performance model characterized by an empirical compressor map and a pipeline control schedule for the operation of an integrated pipeline-compressor system are included in the simulation approach. The novel approach presented in this paper allows the analysis of the thermodynamic coupling between compressors and pipes and the off-design performance analysis of the integrated pipeline-compressor system. The introduced simulation approach has been applied to the performance simulation of a typical model pipeline driven by multiple centrifugal compressor pumping stations. It is assumed in the pipeline control schedule that the total pressure at the inlet of compressor stations is kept constant when pipeline operating condition changes. Such pipeline operating conditions include varying ambient temperature and varying natural gas volumetric flow rate. The performance behavior of the pipeline corresponding to the change of operating conditions has been successfully simulated. The introduced pipeline performance simulation approach is generic and can be applied to different pipeline-compressor systems.

The internal rate of return of fuzzy cash flow

1991 ◽  
Vol 14 (2) ◽  
pp. 3-13 ◽  
Author(s):  
L. Biacino ◽  
M. R. Simonelli
Keyword(s):  
Cash Flow ◽  
Rate Of Return ◽  
Internal Rate Of Return ◽  
Internal Rate

Evaluating Gas Turbines for Process Applications: Economic Guides for the Decision Maker

1971 ◽  
Author(s):  
J. H. Koubek ◽  
J. M. Kovacik
Keyword(s):  
Cash Flow ◽  
Gas Turbines ◽  
Energy Supply ◽  
Income Taxes ◽  
Rate Of Return ◽  
Fixed Cost ◽  
Rapid Evaluation ◽  
Economic Factors ◽  
Supply Systems ◽  
Energy Supply Systems

The purpose of this paper is to discuss several economic factors commonly used in the evaluation of equipment for the industrial user. The effect of major operating and fixed cost variables is illustrated. Also included are several curves which permit rapid evaluation of net payout, end of period cumulative net cash flow, and discounted rate of return after Federal income taxes once the gross payout period has been established. The application of these economic factors and investment criteria are illustrated by use of an example comparing two energy supply systems for a process requiring both power and heat.

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