scholarly journals FINANCIAL PERFORMANCE OF CEMENT COMPANIES IN INDIA – AN EMPERICAL STUDY

2021 ◽  
Vol 9 (66) ◽  
pp. 15494-15506
Author(s):  
S. Pratap ◽  
Ch. Chandra Shekhar
Keyword(s):  
Financial Performance ◽  
Short Term ◽  
Cement Production ◽  
Turnover Ratio ◽  
Inventory Investment ◽  
Net Profit ◽  
Inventory Turnover ◽  
Equity Ratio ◽  
Convenience Sampling ◽  
Profitability Ratios

In the World, the second major manufacturer of cement is the India. No marvel, India's cement production is an essential part of its economy, given that employment to more than a million people, directly and indirectly. India has a lot of options for development in the transportation and infrastructure sector and the cement sector is expected to largely benefit from it. The objectives of the study are to find the short term financial performance of the sample cement companies and analyze the profitability condition of the chosen cement companies. It is based on the convenience sampling method. The information used in this study is secondary in nature. Profit earning is measured necessary for endurance of the industry. The Profitability ratios show the capability of the select companies. The financial positions of the selected cement companies are reasonable. But both the companies must improve their short term solvency position. The profitability ratio of two cement companies is satisfactory and the two selected companies’ short term liquidity position is not satisfactory because the selected company’s current ratio and Quick ratio level is below one and two selected companies are quickly maintained their inventory, investment and Debtors. Ultra Tech Cement Limited correlation between the Investment Turnover Ratio and Inventory Turnover Ratio is 1which is very strongest. The correlation between Debtor Turnover Ratio and the Net Profit Ratio is -0.972 which is very weak. Shree cement Limited correlation between the Investment Turnover Ratio and Debtor Turnover Ratio is 1 is very strong. The Investment Turnover Ratio and the Debt Equity Ratio are – 0.760 which is very weak. The competence of a compact depends ahead the functioning operations of the anxiety.

scholarly journals Analisis Rasio Likuiditas dan Profitabilitas untuk Menilai Kinerja Keuangan pada PT TASPEN (Persero)

2019 ◽  
Vol 14 (2) ◽  
pp. 75-89
Author(s):  
Miki Indika ◽  
Anggia Syafitri
Keyword(s):  
Data Analysis ◽  
Financial Performance ◽  
Quantitative Data ◽  
Financial Statement ◽  
Current Ratio ◽  
Analysis Techniques ◽  
Turnover Ratio ◽  
Earnings Per Share ◽  
Net Profit ◽  
Profitability Ratios

The purpose of this study is to assess the financial performance of PT TASPEN (Persero) assessed from the Analysis of Liquidity Ratios and Profitability Ratios. The data used in this study are quantitative data, namely financial statement data for the last three years from 2015 to 2017. Analysis of the data used is quantitative analysts by presenting tables, graphs or numbers, with the data analysis techniques used, namely data analysis techniques manually. The results of this study indicated that the company's financial performance was assessed from the level of liquidity in unfavorable conditions, this is because the current ratio, cash ratio, and debt turnover ratio were below the industry average, and when viewed from the profitability ratio the company was almost good , where the results of the calculation of the ratio of net profit margin, ROI, ROA, and earnings per share continued to increase even though the value of the ratio was still below the industry average.

scholarly journals A Study on Financial Performance of Kerala State Co-operative Federation for Fisheries Development Limited (MATSYAFED)

2020 ◽  
Vol 8 (4) ◽  
pp. 59-67
Author(s):  
S P Thrishma ◽  
G Veerakumaran
Keyword(s):  
Financial Performance ◽  
Annual Growth Rate ◽  
Ratio Analysis ◽  
Short Term ◽  
Compound Annual Growth Rate ◽  
Inventory Turnover ◽  
Equity Ratio ◽  
Kerala State ◽  
Level Institution ◽  
Traditional Activity

Fishing is a traditional activity in Kerala because from time immemorial fishermen community involved in both marine and inland fishing for their livelihood. To develop the fishermen community and to solve their socio-economic problems, fisheries co-operatives were established. MATSYAFED is acting as the apex level institution for all the primary level fishermen co-operatives in Kerala. A humble attempt was made to conduct a study on “Financial Performance Evaluation of Kerala State Co-operative Federation for Fisheries Development Limited (MATSYAFED)” to evaluate its financial performance. The tools used for the analysis of the data were ratio analysis and compound annual growth rate (CAGR). From the financial performance analysis, it is evident that they have a strong short-term liquidity position and have a good inventory turnover ratio. The debt-equity ratio is higher than the rule of thumb (1:1). i.e., debt is higher than equity. The ratio analysis reveals that the MATSYAFED is efficiently managing its funds to various schemes and programs for the development of the fishermen community. As a whole, compared with many other apex cooperative federations, MATSYAFED is performing better, thanks to the management team. 

scholarly journals ANALISIS RASIO KEUANGAN UNTUK MENILAI KINERJA KEUANGAN PT INDOCEMENT TUNGGAL PRAKARSA Tbk. PERIODE TAHUN 2014-2018

2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Baiq Reinelda Tri Yunarni ◽  
Sudarta Sudarta ◽  
Johanandha Fandhy Ramadhan
Keyword(s):  
Financial Performance ◽  
Secondary Data ◽  
Company Performance ◽  
Return On Equity ◽  
Descriptive Research ◽  
Turnover Ratio ◽  
Industry Standard ◽  
Asset Turnover ◽  
Inventory Turnover ◽  
Equity Ratio

The purpose of this study is to assess the financial performance of PT Indocement Tunggal Prakarsa Tbk in the period 2014 to 2018. The success of a company in achieving its goals and meeting the needs of the community is very dependent on company performance. One way to measure or evaluate performance is to analyze financial statements.This study uses a descriptive research method with a quantituve approach that is analysus based on data calculations. The data used in this study are secondary data in the form of financial statements for the period 2014 to 2018, using the calculation of liquidity ratios, solvency, activity, and profitability.The result of this study indicate that PT Indocement Tunggal Prakarsa Tbk is in a liquid state when viewed from the liquidity ratio because the current ratio and quick ratio are above the industry standard. Judging from the solvency ratio, the financial performance of PT Indocement Tunggal Prakarsa Tbk can be said to be solvable because in terms of the debt to equity ratio, and the debt to asset ratio is below the industry standard. But the financial performance of PT Indocement Tunggal Prakarsa Tbk when viewed from the activity ratio (receivable turnover ratio, inventory turnover ratio, working capital turnover ratio, fixed assets turnover ratio, and total asset turnover ratio) and profitability ratio (net profit margin, return on investment, and return on equity) is not optimal because the company’s profit continue to fall and ineffectiveness of the company in utilizing its assets.

scholarly journals ANALISIS KINERJA KEUANGAN PADA SWALAYAN SUMBER MAKMUR KOTA KUPANG

2019 ◽  
Vol 7 (1) ◽  
pp. 75-89
Author(s):  
Anthon Simon Yohanis Kerihi
Keyword(s):  
Financial Performance ◽  
Activity Ratio ◽  
Control Function ◽  
Poor Performance ◽  
Financial Statement ◽  
Resource Managers ◽  
Inventory Turnover ◽  
Equity Ratio ◽  
Solvency Ratio ◽  
Profitability Ratios

Penelitian ini bertujuan untuk menganalisis perkembangan kinerja keuangan di Swalayan Sumber Makmur dari tahun 2013-2017. Analisis peningkatan kinerja keuangan diukur dengan menggunakan analisis Ratio Financial Statement untuk mengetahui pencapaian keuangan perusahaan. Jenis rasio yang digunakan adalah Rasio Likuiditas, Rasio Solvabilitas, Rasio Aktivitas, dan Rasio Profitabilitas. Hasil penelitian menunjukkan bahwa kinerja keuangan dengan perhitungan analisis dengan Rasio Likuiditas memiliki kinerja yang buruk diukur dengan Rasio Lancar dengan rata-rata 174%, Rasio Cepat dengan rata-rata 70%, Rasio Kas dengan rata-rata 70%. Rasio Solvabilitas memiliki kinerja yang baik diukur dengan Debt to Equity Ratio dengan rata-rata 99% dan Times Earned Ratio dengan rata-rata 354%. Rasio Aktivitas memiliki kinerja yang buruk diukur dengan Perputaran Persediaan 1,4 kali dan Rata-rata Persediaan 288 hari. Rasio Profitabilitas memiliki kinerja yang baik diukur dengan ROA dengan rata-rata 14% dan ROE dengan rata-rata 14%. Hasil penelitian ini digunakan untuk mempertahankan manajer sumber daya dan meningkatkan kemampuan perusahaan untuk menghasilkan laba. Selain itu, dapat juga digunakan sebagai fungsi kontrol dalam evaluasi implementasi program di supermarket sehingga semua perbedaan yang tidak menguntungkan perusahaan dapat lebih cepat diatasi. Kata kunci: Rasio Likuiditas, Rasio Solvabilitas, Rasio Aktivitas, dan Rasio Profitabilitas.   This study aims to analyze the development of financial performance at Sumber Makmur Supermaket from year 2013-2017. The development of financial performance analysis is measured by using Ratio Financial Statement analysis to know the company’s financial achievement. The type of ratio used Liquidity Ratio, Solvability Ratio, Activity Ratio, and Profitability Ratio. The results showed that the financial performance with the calculation of analysis with Liquidity Ratio has a poor performance measured by Current Ratio with an average of 174%, Quick Ratio with an average of 70%, Cash Ratio with an average of 70%. Solvency Ratio has a good performance measured by Debt to Equity Ratio with an average of 99% and Times Earned Ratio with an average of 354%. The Activity Ratio has a poor performance measured by Inventory Turnover of 1.4 times and an Inventory Average of 288 days. Profitability ratios have good performance measured by ROA with an average of 14% and ROE with an average of 14%. The results of this study are used to maintain resource managers and improve the company's ability to generate profits. In addition, it can also be used as a control function in the evaluation of the implementation of the program in supermarkets so that all differences that are not profitable companies can be more quickly overcome. Keywords: Liquidity Ratio, Solvability Ratio, Activity Ratio, and Profitability Ratio.

scholarly journals ANALISIS RASIO KEUANGAN SEBAGAI ALAT UNTUK MENGUKUR KINERJA KEUANGAN PADA PT ENSEVAL PUTERA MEGATRADING,TBK

2018 ◽  
Vol 3 (2) ◽  
pp. 42-49
Author(s):  
Khairul Azwar ◽  
Parman Tarigan ◽  
Liper Siregar ◽  
Ady Inrawan
Keyword(s):  
Debt Ratio ◽  
Return On Assets ◽  
Current Ratio ◽  
Return On Equity ◽  
Turnover Ratio ◽  
Fixed Assets ◽  
Net Profit ◽  
Inventory Turnover ◽  
Equity Ratio

Tujuan dari penelitian ini adalah untuk mengetahui gambaran rasio keuangan dan menganalisis faktor-faktor yang meningkatkan kinerja keuangan pada PT Enseval Putera Megatrading, Tbk.Penelitian ini dilakukan dengan menggunakan metode analisis deskriptif kualitatif, metode komparatif, dan metode induktif. Jenis data yang digunakan dalam penelitian ini adalah data kuantitatif dan data kualitatif. Sumber data yang digunakan dalam penelitian ini adalah data sekunder. Pengumpulan data dilakukan dengan metode dokumentasi.Berdasarkan hasil penelitian,dapat disimpulkan bahwa trend current ratio,quick ratio, debt ratio, LTDR (Long Term Debt To Equity Ratio),inventory turnover ratio dan total assets turnover ratio PT Enseval Putera Megatrading,Tbk cenderung stabil. Namun trend TIER (Times Interest Earned Ratio), days sales outstanding,return on assets, return on equity, dan net profit margin cenderung meningkat. Sedangkan trend fixed assets turnover mengalami penurunan. Untuk itu, sebaiknya PT Enseval Putera Megatrading, Tbk meningkatkan aset lancarnya agar manajemen perusahaan dalam menutupi hutang jangka pendek perusahaan dapat terlaksana dengan baik di tahun berikutnya dan dalam melaksanakan proses penagihan piutang harus dilaksanakan dengan tepat waktu yang tujuannya untuk mengurangi risiko terjadinya piutang yang tidak tertagih.

scholarly journals FINANCIAL PERFORMANCE OF KANYAKUMARI DISTRICT COOPERATIVE MILK PRODUCERS UNION (KDCMPU)

2016 ◽  
Vol 4 (4SE) ◽  
pp. 29-40
Author(s):  
V. Darling Selvi
Keyword(s):  
Financial Performance ◽  
Rural Areas ◽  
Return On Investment ◽  
Return On Assets ◽  
Turnover Ratio ◽  
The Social ◽  
Net Profit ◽  
Social And Economic Development ◽  
Equity Ratio ◽  
The Cost

The co-operative movement in Kanyakumari district has played a significant role in the social and economic development of the district, particularly in rural areas. Dairy co-operative movement in the district has contributed significantly towards the substantial increase in milk production. The main focus of this paper is to highlight the financial performance of Kanyakumari District Cooperative Milk producers Union. For this purpose the researcher used Creditor’s Turnover Ratio, Current Ratio, Dairy, Debt Equity Ratio, Gross Profit Ratio, Net Profit Ratio, Proprietary Ratio, Quick Ratio, Return on Investment, Stock Turnover Ratio, Return on Assets and Return on Investment. The result reveals the fact that the financial performance of Aavin industry in Kanyakumari District is good in all the aspects. As there is wider scope for the production as well as consumption of milk and milk products in the district, efforts can be made to reduce the cost and to maximize the profit to make the milk industry a vibrant and viable one in the district and state.

scholarly journals Analisis Rasio Likuiditas, Solvabilitas, Aktivitas Dan Profitabilitas Dalam Menilai Kinerja Keuangan Perusahaan

2020 ◽  
Vol 8 (1) ◽  
pp. 73-93
Author(s):  
Tarsija Tarsija ◽  
Pandaya Pandaya
Keyword(s):  
Financial Performance ◽  
Balance Sheet ◽  
Profit Margin ◽  
Return On Equity ◽  
Financial Ratio ◽  
Financial Ratio Analysis ◽  
Income Statement ◽  
Net Profit ◽  
Inventory Turnover ◽  
Equity Ratio

This research is a case study with research objects namely PT. Indonesian Pilot Pen. The collection technique is done by documenting the financial statements covering the balance sheet, income statement and cost of goods sold. In measuring the company's financial performance, data analysis techniques namely financial ratio analysis include 1). Liquidity (Current Ratio, Quick Ratio, and Cash Ratio) 2). Solvency (Debt to Assets Ratio and Debt to Equity Ratio), (3). Activities (Fixed Assets Turnover, Inventory Turnover) and (4). Profitability (Gross Profit Margin, Net Profit Margin and Return on Equity) in 2012-2016 by comparing the ratio of industry standards.Based on the results of research and analysis shows that 1). Financial Performance of PT. Indonesian Pilot Pen during 2012-2016 in terms of liquidity shows that this result with each of the indicators in the category is quite good (liquid). 2). The results of the financial performance research show that each of these indicators is in a fairly good category (solvable. Furthermore, Financial Performance in terms of Activities in the Fixed Turnover and Inventory Turnover in 2012-2016 these results indicate fluctuations from year to year and are categorized as not good (inefficient). Financial Performance in terms of Profitability in Gross Profit Margin, Net Profit Margin and Return on Equity in 2012-2016 These results show fluctuations from year to year and are categorized as not good (inefficient).

scholarly journals ANALISIS KINERJA KEUANGAN PT SIA SEBELUM DAN SAAT PANDEMI COVID 19

Jurnalku ◽  
2021 ◽  
Vol 1 (1) ◽  
pp. 1-14
Author(s):  
Oktafia Alfi Mufiddah
Keyword(s):  
Financial Performance ◽  
Profit Margin ◽  
Literature Study ◽  
Interview Method ◽  
Net Profit ◽  
Return On Capital ◽  
Equity Ratio ◽  
Solvency Ratio ◽  
Profitability Ratios ◽  
A Company

PT SIA is a company engaged in Mechanical and Electrical Contracting. The purpose of this study was to determine the financial performance of PT SIA before and during the Covid-19 pandemic based on liquidity ratios, Solvency ratios, and Profitability ratios. The method used in this research is the interview method, the literature study method, and the data analysis method. The results of the research on financial performance on the liquidity ratio decreased in the current ratio, quick ratio, and cash ratio while the solvency ratio showed an increase in the debt to assets ratio and debt to equity ratio, in addition the profitability ratio showed a decrease in gross profit margin and an increase on the net profit margin and the rate of return on capital. Based on the results of an analysis conducted at PT SIA, the company's financial performance decreased during the Covid-19 pandemic, although the resulting decline was not so significant. PT SIA merupakan perusahaan yang bergerak di bidang Kontraktor Mekanikal dan Elektrikal. Tujuan dari penelitian ini untuk mengetahui performa kinerja keuangan dari PT SIA sebelum dan saat pandemi Covid-19 berdasarkan rasio likuiditas, rasio solvabilitas dan rasio profitabilitas. Metode yang digunakan dalam penelitian ini adalah metode wawancara, metode studi kepustakaan, dan metode analisis data. Hasil penelitian kinerja keuangan pada rasio likuiditas mengalami penurunan di bagian rasio lancar, rasio cepat, dan rasio kas sedangkan rasio solvabilitas menunjukan kenaikan pada bagian rasio utang terhadap aktiva dan rasio utang terhadap modal sendiri, selain itu rasio profitabilitas menunjukan penurunan pada margin laba kotor dan peningkatan pada margin laba bersih dan tingkat pengembalian modal. Berdasarkan hasil analisis yang dilakukan pada PT SIA, kinerja keuangan perusahaan mengalami penurunan saat pandemi Covid-19 meskipun penurunan yang dihasilkan tidak begitu signifikan.

Factors That Influence Financial Performance

2019 ◽  
Vol 118 (5) ◽  
pp. 1-8
Author(s):  
Nursito ◽  
Yulianto Hadi ◽  
Dewi Puspaningtyas Faeni
Keyword(s):  
Financial Performance ◽  
Stock Exchange ◽  
Debt Ratio ◽  
Working Capital ◽  
Current Ratio ◽  
Feed Industry ◽  
Livestock Feed ◽  
Net Profit ◽  
Asset Turnover ◽  
Equity Ratio

This study aims to test empirically the factors that affect financial performance: current ratio, debt ratio, debt to equity ratio, total asset turnover, working capital turnover and net profit margin on return on investment in subsector of livestock feed industry listed in Indonesia Stock Exchange during the period 2006-2015.

ANALISIS KINERJA DAN RASIO KEUANGAN PADA PT. PEGADAIAN ( PERSERO ) TAHUN 2018-2019

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Herlin Herlin ◽  
Rina Trisna Yanti
Keyword(s):  
Financial Performance ◽  
Profit Margin ◽  
Interval Scale ◽  
Current Ratio ◽  
Return On Equity ◽  
Financial Ratio ◽  
A Value ◽  
Criterion Score ◽  
Net Profit ◽  
Equity Ratio

ABSTRACTThe purpose of this study is to determine the financial performance of PT. Pegadaian (Persero) Tbk in 2018-2019.The results showed that the total score of financial performance of PT. Pegadaian (Persero) is on an unhealthy interval scale, which is at a total criterion score of 50 - 65 (Minister of BUMN Nomo: Kep-100 / MBU / 2002. These results indicate that the financial performance of PT. Pegadaian (Persero) Tbk using the ratio finance, namely the cash ratio in 2018 obtained a value of 130.1 with a score of 10 and in 2019 a score of 129.1 and a score of 8 (very healthy). Calculation of the current ratio in 2018 with a value of 1.17 and a score of 0, while the year 2019 with a score of 0.39 and a score of 0 (unhealthy). Debt to Equity Ratio in 2018 with a score of 162.4 and a score of 10, while in 2019 the score was 183.2 with a score of 10 (very healthy). Debt to Total Asset Ratio in 2018 with a score of 61.8 and a score of 0, while in 2019 the value was 64.6 with a score of 0 (unhealthy) .The Gros Profit Margin ratio in 2018 shows a value of 31.9 with a score of 8.5 and in 2019 the score is 23.9 and a score of 8.5 (Very Healthy) Net Profit Margin ratio for the year 2018 shows a value of 24.2 with a score of 8.5 and in 2019 a score of 17.5 and a score of 8.5 (Very Healthy). The Return On Investement (ROI) ratio in 2018 scored 11.6 with a score of 8.5 and in 2019 with a score of 17.9 and a score of 8.5 (Very Healthy) and the Return On Equity (ROE) ratio, throughout 2018 with a value of 44.4 and a score of 8.5 and in 2019 with a value of 47.9 and a score of 8.5 (very healthy).Keyword : Ferformance Financial, Financial Ratio

Sign in / Sign up

Export Citation Format

Share Document