scholarly journals ANALISIS KINERJA KEUANGAN PT. PLN (PERSERO) INDONESIA PERIODE 2011-2015

2016 ◽  
Vol 2 (1) ◽  
pp. 79-86
Author(s):  
Ita Purnama Sari ◽  
Husnah Husnah ◽  
Vitayanti Fattah
Keyword(s):  
Financial Performance ◽  
Trend Analysis ◽  
Health Assessment ◽  
Total Asset ◽  
Financial Health ◽  
Current Ratio ◽  
Leverage Ratio ◽  
Collection Period ◽  
Turn Over ◽  
Total Ratio

The purpose of the research is to analyze the financial performance and financial health of PT. PLN (Persero) Indonesia in 2011- 2015 based on the Decree of the Ministry of State-Owned Enterprises No: KEP-100/MBU/2002 on company’s health assessment on eight indicators: ROE, ROI, Current Ratio, Cash Ratio, Collection Period, Inventories, Total Assets Turn Over, and Total Ratio of Own Capital to Total Assets and Trend Analysis. The result shows that the financial performance of the liquidity ratio indicates that the company has not fully settled its current debt by using cash and guarantee the current debt with current assets. Profitability ratio shows the company's financial performance has not fully generate profit by using its own capital and company assets. Leverage ratio shows that the company is able to finance the assets with its own capital and at the ratio of activity indicates that the company has been optimal in using the receivables and inventory to generate revenue but the total rotation of assets not yet optimal used to generate income. Therefore, the health assessment on the financial aspects of PT. PLN (Persero) Indonesia in the period of 2011-2015is predicated less healthy. Tujuan penelitian yakni menganalisis kinerja keuangan dan tingkat kesehatan keuangan PT. PLN (persero) Indonesia tahun 2011-015 berdasarkan Keputusan Menteri BUMN No: KEP- 100/MBU/2002 tentang penilaian kesehatan dengan menggunakan delapan indikator yaitu ROE, ROI, Current Ratio, Cash Ratio, Collection Period, Perputaran Persediaan, Total Asset Turn Over, dan Rasio Total Modal Sendiri terhadap Total Aktiva dan Analisis Trend. Hasil penelitian menunjukkan kinerja keuangan dari rasio likuiditas menunjukkan belum sepenuhnya perusahaan melunasi utang lancarnya dengan menggunakan kas dan menjamin utang lancar dengan aset lancar yang dimiliki.Rasio profitabilitas menunjukkan kinerja keuangan perusahaan belum sepenuhnya menghasilkan laba dengan mengunakan modal sendiri dan aktiva perusahaan. Pada rasio leverage menunjukkan bahwa perusahaan mampu membiayai aset dengan modal sendiri dan pada rasio aktivitas menunjukkan bahwa perusahaan sudah optimal dalam menggunakan piutang dan persediaan untuk menghasilkan pendapatan namun pada perputaran total aset belum optimal digunakan untuk menghasilkan pendapatan. Oleh karena itu, untuk penilaian kesehatan pada aspek keuangan PT. PLN (persero) Indonesia periode 2011-2015 mendapatkan predikat kurang sehat.

ANALISIS PENGARUH RASIO LIKUIDITAS, LEVERAGE, AKTIVITAS, DAN PROFITABILITAS TERHADAP RETURN SAHAM PADA PERUSAHAAN CONSUMER GOODS YANG TERDAFTAR DI BEI

2010 ◽  
Author(s):  
Raja Adri Satriawan Surya ◽  
Restu Agusti ◽  
Yenni Asnel
Keyword(s):  
Significant Influence ◽  
Consumer Goods ◽  
Sampling Method ◽  
Activity Ratio ◽  
Total Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
Leverage Ratio ◽  
Equity Ratio ◽  
Turn Over

The purpose of this research is to test the elect of financial ratios, i,e. liquidity ratio (current ratio), leverage ratio (debt to equity ratio), activity ratio (total asset turn over), and profitability ratio (return on equity) to total return at consumer goods companies listed in BEI. The population of this research are all companies listed in Bursa Efek Indonesia (BEI). The samples are 36 companies listed in BEI during the year 2003 - 2007. The samples are chosen by using purposive sampling method. The data are analyzed with multiple regression by means of SPSS Ver 12.0. The results indicate that partially current ratio, total asset turn over, and return on equity have significant influence to total return. Conversely Debt to equity ratio does not have significant influence towards total return. Simultaneously current ratio, total asset turn over, return on equity, and debt to equity ratio have significant influence to total return.

scholarly journals ANALYSIS OF THE EFFECT OF FINANCIAL PERFORMANCE AND MACRO ECONOMIC FACTORS ON THE RETURN OF FOOD & BEVERAGE STOCK COMPANIES IN INDONESIA STOCK EXCHANGE FOR THE PERIOD 2015-2019

2021 ◽  
Vol 2 (4) ◽  
pp. 587-595
Author(s):  
Dilla Syukrina Tascha ◽  
Matrodji H. Mustafa
Keyword(s):  
Gross Domestic Product ◽  
Financial Performance ◽  
Stock Returns ◽  
Stock Exchange ◽  
Total Asset ◽  
Domestic Product ◽  
Current Ratio ◽  
Return On Equity ◽  
Equity Ratio ◽  
Turn Over

The purpose of this study is to analyze financial performance through Current Ratio (CR), Total Asset Turn Over (TATO), Debt to Equity Ratio (DER), Return on Equity (ROE) and macroeconomic factors through Gross Domestic Product (GDP) to stock returns. The object of research is a food and beverage company on the Indonesia Stock Exchange for the period 2015-2019. The analysis data used are financial reports, stock returns and GDP growth. The research sample of 15 companies obtained by purposive sampling technique. The data analysis technique used is Panel Data Regression Analysis with eviews version 9. The results show that Current Ratio (CR) and Debt to Equity Ratio (DER) have a significant positive effect on stock returns, while Total Asset Turn Over (TATO), Return on Equity (ROE) and Gross Domestic Product (GDP) have no significant effect on stock returns.

scholarly journals PENILAIAN TINGKAT KESEHATAN KEUANGAN PT POS INDONESIA (PERSERO) PERIODE 2016-2018

BISMA ◽  
2020 ◽  
Vol 14 (1) ◽  
pp. 19
Author(s):  
Somadi Somadi
Keyword(s):  
Financial Performance ◽  
Annual Report ◽  
Health Assessment ◽  
Health Condition ◽  
Financial Health ◽  
Return On Equity ◽  
Analysis Technique ◽  
Asset Turnover ◽  
Data Collection Technique ◽  
Turn Over

This study aims to analyze the development of health assessment indicators and the financial health condition of PT Pos Indonesia (Persero). This research used a quantitative approach. The analysis technique used for evaluating the level of financial health referred to the Decree of The Minister of State-Owned Enterprises No. Kep-100/MBU/2002. The data collection technique used was documentation studies sourced from the annual report of PT Pos Indonesia (Persero) from 2016 through 2018. The results showed that the development of the indicator value of return on equity, return on investment, and cash ratio decreased, while the value of collection periods, the ratio of equity to total assets, and inventory turn over increased. This study also found the fluctuated value of the current ratio and total asset turnover. The financial health assessment in 2016 and 2017 had a healthy predicate. However, in 2018, it had an unhealthy financial health assessment predicate. Therefore, the company needs to have better financial performance to achieve good financial health conditions that will finally affect all stakeholders. Keywords: financial health assessment, financial health development, financial performance, financial health predicate

scholarly journals ANALISIS KINERJA PT MATAHARI DEPARTMENT STORETBK PASKA DIMULAINYA PANDEMI COVID-19

2021 ◽  
Vol 6 (1) ◽  
pp. 37-43
Author(s):  
Sunaryono Sunaryono
Keyword(s):  
Financial Performance ◽  
System Analysis ◽  
Department Store ◽  
Financial Statements ◽  
Return On Assets ◽  
Current Ratio ◽  
Before And After ◽  
Period Data ◽  
Collection Period ◽  
Turn Over

This research aims to determine the financial performance of PT Matahari Department Store Tbk before and after the Covid-19 pandemic was started so that it can be observed the increase or decrease after the Covid-19 pandemic was started. The data used are the financial statements of the posted-Pandemi Covid-19 of PT Matahari Department Store Tbk before the covid-19pandemicwas started in the January-December 2019 and after the covid-19 pandemic was started in the January - December 2020 period. Data analysis using Du Pont System Analysis. The results showed an increase in the financial ratios before the covid-19 pandemic started and after the covid-19 pandemic started. This is indicated by the achievement of an increase in the percentage of Return on Investment, Return on Assets, Cash Ratio, Current Ratio, Collection Period, Inventory Turn Over, Total Asset Turn Over, and Total Equity so that the increase can prove that the research hypothesis proposed that after a covid-19 pandemic is proven to experience efficiency and decrease its financial performance.

PENGARUH RASIO KEUANGAN TERHADAP PENCAPAIAN LABA PERUSAHAAN KELOMPOK INDUSTRI MAKANAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

2016 ◽  
Vol 4 (1) ◽  
Author(s):  
Akhmad Sodiqin
Keyword(s):  
Stock Exchange ◽  
Fixed Effect ◽  
Current Ratio ◽  
Return On Equity ◽  
Leverage Ratio ◽  
Food Industries ◽  
Equity Ratio ◽  
Turn Over

The aims of this research are to know influence of finacial ratios which consisted of Current ratio, Debt equity ratio, Leverage ratio, Inventory turn over, and total assets turn over to return on equity simultanously and to know influence of finacial ratios which consisted of Current ratio, Debt equity ratio, Leverage ratio, Inventory turn over, and total assets turn over to return on equity partially. Data was analyzed used fixed effect model.Data which collected for 3 years from 2011 until 2013 comes 8 firms in food industries listed in Indonesian Stock Exchange (IDX). Based on data analyzed was known that finacial ratios which consisted of Current ratio, Debt equity ratio, Leverage ratio, Inventory turn over, and total assets turn over to didn’t influence to return on equity simultanously and finacial ratios which consisted of Current ratio, Leverage ratio, Inventory turn over, and total assets turn over didn’t inluence to return on equity partially but debt equity ratio influence significantly to return on equity.

KINERJA KEUANGAN PADA PERUSAHAAN PERTAMBANGAN DI BURSA EFEK INDONESIA

2017 ◽  
Vol 13 (1) ◽  
pp. 46-62
Author(s):  
Aries Veronica
Keyword(s):  
Financial Performance ◽  
Return On Investment ◽  
Stock Price ◽  
Stock Exchange ◽  
Hypothesis Test ◽  
Field Research ◽  
Total Asset ◽  
Current Ratio ◽  
Total Debt ◽  
Equity Ratio

The purpose of this study was to determine financial performance to stock price ofminning industries at Indonesian Stock Exchange . This research is field research withdata collection techniques using documentation that the sample size is as much as 33emitten. To test the effect of the financial performance to stock price used multipleregression analysis techniques and to test research hypotheses, F test and t test.From the results of calculations using SPSS for Windows version 17, showed that: thevalue of R Square (R2) illustrates that the Stock price (Y), can be explained by thefinancial performance amounted to 65.6%, while the rest 34.4%, can be explained byother factors, which are not included in this study. F Hypothesis test results, obtainedvalue of sig. (98,701)>(0.05), this means that there is influence of the current ratio, totalasset turnover , return on investment, and total debt to total asset ratio together againststock price. While the results of hypothesis testing t as follows: 1) sig. (0.000)< (0.05),which means that there is effect current ratio to stock price; 2) sig.(0.004) < (0.05),which means that there is effect debt to equity ratio to stock price; 3) sig.(0.846) >(0.05), which means that there is no effect total asset turnover to stock price; 4)sig.(0.000) (0.05), which means that there is no effect return on investment to stock price,and 5) sig.(0.700)>(0.05), which means that there is no effect total debt to total assetratio to stock price

scholarly journals PENGARUH TOTAL ASSET TURN OVER, CURRENT RATIO, DEBT TO EQUITY RATIO DAN RETURN ON ASSETS TERHADAP KEBIJAKAN DIVIDEN (STUDI PADA PERUSAHAAN YANG TERMASUK DALAM INDEKS INVESTOR33 PERIODE TAHUN 2015-2017)

2019 ◽  
Vol 1 (1) ◽  
pp. 65-75
Author(s):  
Bawon Triono ◽  
Dwi Artati
Keyword(s):  
Dividend Policy ◽  
Sampling Technique ◽  
Total Asset ◽  
Return On Assets ◽  
Current Ratio ◽  
Negative Effect ◽  
Asset Turnover ◽  
Equity Ratio ◽  
Turn Over ◽  
Positive Effect

This study aimed to examine and analyze the effect of Total Asset Turn Over (TATO), Current Ratio (CR), Debt to Equity Ratio (DER) and Return On Assets (ROA) on Dividend Policy in companies included in Investor33 index 2015-2017 . The sampling technique used a purposive sampling method, which is a sampling technique based on a certain criterion, so as to get a sample of 19 companies from a total population of 33 companies. The results of this study indicated that the total asset turnover variable has a positive effect on the company's dividend policy, the current ratio variable has a negative effect on the company's dividend policy, the debt to equity ratio variable has a negative effect on the company's dividend policy, the return variable on assets has a positive effect on the company's dividend policy, and the four variables also influence jointly on the company's dividend policy

scholarly journals Financial Ratio Analysis to Assess Financial Performance of the Hotel Industry

2021 ◽  
Vol 5 (3) ◽  
pp. 346
Author(s):  
Tjeng Gloria Santoso ◽  
Supatmi Supatmi
Keyword(s):  
Financial Performance ◽  
Activity Ratio ◽  
Stock Exchange ◽  
Research Result ◽  
Hotel Industry ◽  
Analysis Tool ◽  
Current Ratio ◽  
Financial Ratio ◽  
Leverage Ratio ◽  
Hotel Performance

Analysis of financial performance can be implemented to all companies, including to hotel industries. For the last few years, there are many issues that income of hotel industry increases because of the soaring numbers of foreign and domestic tourists in Indonesia.  This study aims to analyze financial ratio to assess the financial performance of hotel industry in 2015-2018. Research sample were 12 companies of 35 hotel industries that were listed in Indonesian Stock Exchange in 2015-2018. Analysis tool used in this research were liquidity ratio, profitability ratio, activity ratio, leverage ratio, and operational ratio. Research result showed good ratios; they were liquidity ratio that was indicated by current ratio, profitability ratio that was pointed by net profit margin, return on asset, and return on equity, also paid occupancy percentage on activity ratio. While the not good ratio, which was activity ratio was pointed by total asset turnover, then leverage ratio by equity multiplier, debt to asset ratio, and debt to equity ratio, also operational ratio which was showed through average room rate and food and beverage cost. Research result of hotel performance in 2015-2018 which is based on financial ratio, they are liquidity, activity, profitability, leverage, and operational, describes that hotel performance is fluctuated. Generally seen, a good ratio in this study is the liquidity ratio that is pointed by current ratio, then profitability ratio that are demonstrated by NPM, ROA, and ROE, also paid occupancy percentage in activity ratio.

scholarly journals Analisis Kinerja Keuangan Perusahaan dengan Menggunakan Du Pont System

2020 ◽  
Vol 1 (1) ◽  
pp. 225-232
Author(s):  
Shifa Amalia Rahmani ◽  
Hasbi Assidiki Mauluddi
Keyword(s):  
Financial Performance ◽  
Return On Investment ◽  
Profit Margin ◽  
Total Asset ◽  
Islamic Banks ◽  
Profit Margins ◽  
Net Profit ◽  
Turn Over ◽  
A Company

The development and growth of Islamic banks in Indonesia is very rapid. PT. Bank Muamalat Indonesia as a pioneer of Islamic banks in Indonesia is increasingly in the spotlight of various parties. The resulting performance is always an interesting thing to study further. The company's financial performance can be seen from the ratio of profitability, profitability, solvency and the activities it generates. One calculation tool for profitability is Return On Investment. If the Return On Investment in a company increases, then it shows the more efficient the company is in utilizing its assets, the greater the benefits that can be achieved by the company so that the company's value is also better and more efficient in generating profits. The calculation tool for calculating Return On Investment is a du pont system, where the du pont system focuses on the results of the calculation of net profit margins, total assets turn over and return on investment. The purpose of this study was to determine the financial performance of PT. Bank Muamalat Indonesia for the period 2008-2017 with the studied variables are Net Profit Margin, Total Asset Turn Over and Return On Investment. The conclusion in this study is the net profit margin, total assets turnover and return on investment produced has a fluctuating value.

scholarly journals Analisa Rasio Keuangan Garuda Indonesia Airlines, Singapore Airlines Dan Thailand Airlines Dengan Uji Non-Parametrik (Periode: 2010 – 2014)

eCo-Buss ◽  
2018 ◽  
Vol 1 (2) ◽  
pp. 1-7
Author(s):  
Susanto Wibowo ◽  
Sutandi Sutandi
Keyword(s):  
Return On Investment ◽  
Profit Margin ◽  
Total Asset ◽  
Data Series ◽  
Current Ratio ◽  
Return On Equity ◽  
Net Profit ◽  
Turn Over

Tujuan penelitian ini membandingkan kinerja keuangan maskapai penerbangan antara; Garuda Indonesia Airlines, Singapore Airlines dan Thailand Airlines dengan indikator analisa rasio keuangan dan indikator Du Pont System serta menggunakan uji statistik Kruskal-Wallis dan Mann-Whitney U. Data series laporan keuangan diambil dari tahun 2010-2014 berasal dari website masing-masing, bank sentral dan pasar saham yang ada dinegara masing-masing.Pengujian hipotesis mencakup analisa rasio keuangan; likuiditas (current rasio atau CR), aktivitas (total asset turn over atau TATO), solvabilitas (debt rasio atau DR), profitabilitas (net profit margin atau NPM) dan Du Pont System (return on investment atau ROI dan return on equity atau ROE).Hasil penelitian menunjukan perbandingan rasio keuangan Garuda Indonesia Arilines, Singapore Airlines dan Thailand Airlines ada yang berbeda signifikan dan ada yang tidak signifikan. Rata-rata rasio keuangan Garuda Indonesia Airlines yang lebih baik pada net profit margin (NPM) saja sedangkan current ratio (CR), total asset turn over (TATO), debt rasio (DR), return on investment (ROI) dan return on equity (ROE) kurang baik.

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