scholarly journals Identification of Tourism Potential and Investment Strategy- A Case Study of Banyuwangi Regency.

2021 ◽  
Vol 39 (12) ◽  
Author(s):  
Murniati Murniati ◽  
Ghozali Maski ◽  
Iswan Noor ◽  
Marlina Ekawaty
Keyword(s):  
Net Present Value ◽  
Financial Analysis ◽  
Average Rate ◽  
Descriptive Analysis ◽  
Investment Strategy ◽  
Growth Potential ◽  
Rate Of Return ◽  
Tourist Attractions ◽  
Tourism Sector ◽  
Tourism Attractions

Tourism as one of the potential resources in Indonesia significantly affects the country's development. However, it has not been well-managed due to many obstacles such as financing, promotion, and natural disasters. This study aimed to identify tourism attractions in Banyuwangi Regency as a newly developing district in Indonesia. The quantitative approach with the descriptive analysis applied in this study indicated that that the leading tourist attractions in Banyuwangi have excellent economic growth potential and good financial ratios. Based on the results of Financial Analysis analyzed through variables Payback Period (PP), Average Rate of Return (ARR), Net Present Value (NPV), Internal rate of Return (IRR), and Profitability Index (PI), Banyuwangi has the potential feasible for investment in the tourism sector. This research would provide further consideration for investors before investing in the tourism sector in Banyuwangi Regency.

scholarly journals ANALISIS FINANSIAL ALAT TANGKAP BAGAN DI DESA TATELI WERU KECAMATAN MANDOLANG KABUPATEN MINAHASA

2016 ◽  
Vol 4 (7) ◽  
Author(s):  
Sharon E.E Repi ◽  
Lexy K Rarung ◽  
Djuwita R.R Aling
Keyword(s):  
Sampling Method ◽  
Net Present Value ◽  
Financial Analysis ◽  
Descriptive Analysis ◽  
Payback Period ◽  
Rate Of Return ◽  
Fishing Gear ◽  
Internal Rate Of Return ◽  
Present Value ◽  
The Village

Abstract Some fishermen in North Sulawesi province, especially in the district of the village Mandolang Teteli Weru fill their daily activities in gaining revenue that the fishery business, especially the chart. They are very dependent on the equipment they have for the sake of increased revenues to a better direction. Measure to be used in financial analysis consists of the Net Present Value (NPV), Internal Rate of Return (IRR), and Payback Period (PP). This research is descriptive. The sampling method will be used to take samples of probability sampling method is purposive sampling is a sampling technique is done with a certain considerations intended that the data obtained are representative (Sugiyono, 2008). The amount of samples taken in this study was 30%. Where the number of fishermen in the village Tateli Weru charts are as many as 15 people so 5 sample of the total number of samples considered to represent all units charts are large, small, or medium. Data obtained consists of primary data and secondary data. The data will be analyzed using descriptive analysis of qualitative and quantitative descriptive analysis. They are using financial analysis to analyzing of Feasibility their gear. Investment (I) IDR. 25.5332 million; Fixed costs (FC) IDR. 6,843,026; Total Revenue (TR) IDR. 37,000,000; Variable Cost (VC) Rp. 9,369,326; Price per unit IDR. 2,500,000; and a net profit of IDR. 27,890,674 for each year. Financial analysis in this study proves that the business of fishing gear is still feasible to continue. This is evident from the results of financial calculations with the results of NPV = IDR. 13,134,379; IRR = 23.11% and the payback period of 0.9 years. Although the results of research on fishing gear chart showing good financial shape, but if the chart fisherman in the village of Weru Tateli only livelihood depends on fishing gear this chart alone, it will not meet the daily needs of the family. This is because the fishing season is not fixed, so as to meet their daily needs, they need to look for other income.   Abstrak Beberapa nelayan di Provinsi Sulawesi Utara khususnya di Kecamatan Mandolang Desa Teteli Weru mengisi aktivitas sehari-hari dalam memperoleh pendapatan yaitu dengan usaha perikanan tangkap khususnya bagan. Mereka sangat bergantung pada alat yang mereka miliki demi peningkatan pendapatan ke arah yang lebih baik. Ukuran yang akan digunakan dalam analisis finansial ini terdiri dari Net Present Value (NPV), Internal Rate of Return (IRR), dan Payback Period (PP). Penelitian ini bersifat deskriptif. Metode pengambilan sampel yang akan digunakan dalam mengambil sampel adalah metode probability sampling Purposive sampling adalah teknik sampling yang dilakukan dengan pertimbangan tertentu yang bertujuan agar data yang diperoleh bersifat representatif (Sugiyono, 2008). Besarnya sampel diambil pada penelitian ini adalah 30%. Dimana jumlah nelayan bagan di Desa Tateli Weru adalah sebanyak 15 orang sehingga 5 orang sampel dari jumlah keseluruhan sampel dianggap telah mewakili semua unit bagan berukuran besar, kecil, maupun sedang. Data diperoleh terdiri dari data primer dan data sekunder. Data yang akan terkumpul dianalisis dengan menggunakan analisis deskriptif kualitatif dan analisis deskriptif kuantitatif. Kelayakan dari alat tangkap bagan di Desa Tateli Weru digunakan analisis finansial. Investasi (I) Rp. 25.533.200 ; Biaya tetap (FC) Rp. 6.843.026 ; Total Penerimaan (TR) Rp. 37.000.000 ; Biaya Tidak Tetap (VC) Rp. 9.369.326 ; Harga Satuan Rp. 2.500.000 ; dan Laba bersih Rp. 27.890.674 untuk setiap tahunnya. Analisis finansial dalam penelitian ini membuktikan bahwa usaha alat tangkap ini masih layak untuk dilanjutkan. Hal ini terlihat dari hasil perhitungan finansial dengan hasil NPV = Rp. 13.134.379 ; IRR = 23,11% serta periode pengembalian dalam 0,9 tahun. Meskipun hasil penelitian terhadap alat tangkap bagan menunjukkan keadaan finansial yang baik, namun bila nelayan bagan di Desa Tateli Weru hanya bergantung pada mata pencaharian alat tangkap bagan ini saja, maka tidak akan mencukupi kebutuhan sehari-hari keluarga. Hal ini dikarenakan musim ikan yang tidak tetap, sehingga untuk mencukupi kebutuhan sehari-hari, mereka perlu mencari penghasilan lain.  

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.

scholarly journals ANALISA FINANSIAL PROYEK PEMBANGUNAN JALAN TOL AA DI JAWA TIMUR

2015 ◽  
Vol 9 (1) ◽  
pp. 40
Author(s):  
Adham Indra Kusuma, Marjono, Fauziah S.C.S Maisarah
Keyword(s):  
Sensitivity Analysis ◽  
Net Present Value ◽  
Financial Analysis ◽  
Road Construction ◽  
Influential Factors ◽  
Rate Of Return ◽  
Maintenance Cost ◽  
Cost Ratio ◽  
Toll Road ◽  
Investment Cost

One attempt to create a good transport system is the construction of new roads toll roads. A toll road construction soon to be implemented is AA segment a which is of  investment oriented and expected to give profits to the investors. According to the plan, the toll road is 40.5 km long development is divided into 4 sections. Data required to perform financial analysis is the cost of investment, operation and maintenance cost, traffic volume, and the toll rate plans. These data to find the values of the parameters used to calculate the financial analysis include the Net Present Value (NPV), Internal Rate of Return (IRR), Benefit Cost Ratio (BCR), and Payback Period (PP). The financial analysis will use two funding alternatives, alternative I using 100% equity, alternative II using 30% equity and 70%  loan. The purpose of this study is to determine the results of the financial analysis of the parameter values of highway construction project feasibility and determine the most influential factors after a sensitivity analysis has been made. Based on the financial analysis the investment cost results in IDR 3,827,698,222,645. The financial analysis NPV parameters alternative I results in IDR 661,439,934,962 and alternative II in IDR 230,334,925,350 which means they are feasible because both NPVs are greater than 0; both the IRR of 14.18% for alternative I and 13.02% for alternative II are greater than Minimum Attractive Rate Of Return (MARR) value of 12.42%; so, they are feasible; the value of BCR of alternative I is of 1.13 and alternative II is of 1.04; so, they are feasible because the value of BCR is greater than 1. While the PP of alternative I in the period of 12.1 years and alternative II in the period of 13.5 years. The sensitivity analysis of alternatives I and II result in  the most influential alternative—when construction period experiences ≥ 3 years backwards.Keywords: investment cost, financial analysis, sensitivity analysis.

scholarly journals Use of Probabilistic Cash Flows in Analyzing Investments Under Conditions of Risk and Uncertainty

1976 ◽  
Vol 8 (2) ◽  
pp. 19-24 ◽  
Author(s):  
James W. Richardson ◽  
Harry P. Mapp
Keyword(s):  
Net Present Value ◽  
Average Rate ◽  
Capital Budgeting ◽  
Cash Flows ◽  
Rate Of Return ◽  
Internal Rate Of Return ◽  
Risk And Uncertainty ◽  
Small Farm ◽  
Perfect Knowledge ◽  
Net Returns

Managers of business firms, large or small, farm or nonfarm, must make investment decisions under conditions of risk and uncertainty. However, in evaluating investments, the assumption of perfect knowledge has often been used to simplify the analysis. For example, an estimate of average annual net returns is frequently discounted into perpetuity to evaluate a real estate investment alternative. Capital budgeting literature suggests a number of approaches to evaluating alternative investments. However, use of concepts such as the payback period, average rate of return, internal rate of return and net present value embodies the assumption of perfect knowledge.

ANALISIS KELAYAKAN BISNIS CAFE PADA KHALIZTA COFFEE & RESTO KOTA PEMATANGSIANTAR

2020 ◽  
Vol 2 (2) ◽  
pp. 148-158
Author(s):  
Lika Pasaribu ◽  
Liharman Saragih
Keyword(s):  
Net Present Value ◽  
Average Rate ◽  
Payback Period ◽  
Rate Of Return ◽  
Internal Rate Of Return ◽  
Present Value ◽  
Internal Rate

Studi kelayakan bisnis merupakan penelitian yang bertujuan untuk memutuskan apakah sebuah ide bisnis layak atau tidak. Cafe Khalizta Coffee & Resto Kota Pematangsiantar merupakan salah satu café yang baru berjalan selama 11 bulan, sehingga akan diuji apakah usaha tersebut telah layak berdasarkan aspek keuangan. Berdasarkan hasil analisis didapat bahwa aspek keuangan  dikatakan layak, dengan nilai Payback Period (PP) 1 tahun 6 bulan 23 hari. Nilai Net Present Value (NPV) 1.186.386.674, nilai Profitability Index (PI) 2,68, nilai Internal Rate of Return (IRR) sebesar 101%,  nilai Average Rate of Return (ARR) 108 %  aspek keuangan dinyatakan layak dan dapat dilanjutkan

New Construction Methodology - A Strategic Approach of Financial and Market Feasibility for Geothermal Cogeneration Plant

2014 ◽  
Vol 984-985 ◽  
pp. 774-783
Author(s):  
Prakash Arul Jose ◽  
Rajesh Prasanna ◽  
Fleming Prakash
Keyword(s):  
Sensitivity Analysis ◽  
Net Present Value ◽  
Financial Analysis ◽  
Investment Project ◽  
Rate Of Return ◽  
Internal Rate Of Return ◽  
Cogeneration Plant ◽  
Investment Projects ◽  
Internal Rate ◽  
Financial Feasibility

Abstract-While constructing the geothermal cogeneration plant the success of the projects depends upon its financial and market feasibility. A new optimization method is used to estimate financing requirements of investment projects will be presented, as well as a new method to predict the optimal year to sell the investment. A case study is used to illustrate the use of a model to assess the financial feasibility of a geothermal cogeneration plant. The conclusion is that Net Present value , Internal rate of Return and Modified Internal rate of Return should be used to assess financial feasibility of investment projects. In addition to calculating the financial feasibility criteria, assessment models should allow the user to perform sensitivity analysis, scenario analysis, and simulation to analyze risk associated with the investment project. Risk probability matrix is used to obtain the risk priority , which then continued with financial analysis for the feasibility study and also sensitivity analysis. The study shows that the parameter investment value will be increased when treatment is done on risk.Keywords:Financial and market feasibility, Geo thermal cogeneration plant, Environmental Aspects, Sensitivity analysis.

scholarly journals Application of Capital Budgeting Method to Evaluate Investment Decisions on Additions to Fixed Assets at PT Hatten Bali

2021 ◽  
Vol 4 (1) ◽  
pp. 69-76
Author(s):  
Ni Luh Gede Wahyu Pradnyawati ◽  
◽  
I M A Putrayasa ◽  
I G A O Sudiadnyani ◽  
◽  
...  
Keyword(s):  
Net Present Value ◽  
Average Rate ◽  
Investment Decision ◽  
Investment Decisions ◽  
Capital Budgeting ◽  
Rate Of Return ◽  
Study Approach ◽  
Fixed Assets ◽  
Research Analysis

This research was conducted to evaluate the investment decision to add fixed assets by PT Hatten Bali using the capital budgeting method. The results of this study are expected to be used as material for evaluating the application of the capital budgeting method in making investment decisions on fixed assets at PT Hatten Bali. The data used for this study were obtained from interviews and documentation and were analyzed using descriptive qualitative research analysis techniques with a case study approach. Based on the results of research using the capital budgeting method which consists of the method of calculating the payback period, net present value, profitability index, internal rate of return and average rate of return, all of which have shown a favorable results. From these results it can be concluded that the investment decision to add fixed assets in the form of distribution vehicles made by PT Hatten Bali can benefit the company in stable sales conditions and the application of capital budgeting methods can reduce the risk of errors or failures in making investment decisions and improve subsequent investment decisions.

scholarly journals Analisis Kelayakan Investasi Dendeng Daging Sapi (Studi Kasus di PD “Carole Jaya”)

2018 ◽  
Vol 4 (2) ◽  
pp. 10
Author(s):  
Lia Milana ◽  
Whydiantoro Whydiantoro
Keyword(s):  
Product Development ◽  
Final Stage ◽  
Net Present Value ◽  
Average Rate ◽  
Payback Period ◽  
Rate Of Return ◽  
Present Value ◽  
Process Data ◽  
Beef Products ◽  
Beef Jerky

Beef trading industry in Indonesia is growing, both in terms of quantity and quality lead to the emergence of intense competition, therefore every trading company is required to be creative in the face of business competition in order to meet and satisfy the needs and desires of consumers. One way is through product development. One way is through product development. Product development is an important thing for a company to maintain its existence or at least can guarantee the survival of the company. It is also encouraging PD Carole Jaya which is engaged in beef and mutton trade, to create a new innovation that is the development of beef products by making beef jerky, as an alternative in the development of beef products and to increase sales productivity for maintaining the existence of its business. But of course, in the development of this product, should consider the investment plan, whether worthy or not product development is done, given the amount of capital required for the manufacture of this jerky. In the development of this product, there are three stages of the activities undertaken: preparation, execution (manufacturing process) and final stage. In the final stage of the activities undertaken is to process data, analyze the results of research and make conclusions. In this financial data processing using financial feasibility analysis tool with PayBack Period method, ARR (Average Rate of Return), NPV (Net Present Value), IRR (Internal Rate of Return) and (R / C Ratio) Business Efficiency and BEP (Break Event Point). The results of the investment analysis show that the PBP (Payback Period) of this investment is 3 months, ARR (Average Rate of Return) of 1.35%, NPV (Net Present Value) generated 27.998.634, - which means when NPV> 1, then the feasible investment, PI (Profitability Index) of 1.35 means that the investment can be run (Feasible), R / C Ratio of 1.35 means is, this investment is very efficient and profitable and BEP (production) of Rp. 258,500, - and BEP (unit) of 44.4 kg. Thus, the product development effort by making beef jerky is feasible to be implemented by PD. Carole Jaya.

scholarly journals Computing Capital Budgeting for Banking Sector

2021 ◽  
Vol 58 (2) ◽  
pp. 6502-6508
Author(s):  
Sushain Koul, Dr. Parag Ravikant Kaveri
Keyword(s):  
Financial Management ◽  
Banking Sector ◽  
Net Present Value ◽  
Average Rate ◽  
Capital Budgeting ◽  
Rate Of Return ◽  
Present Value ◽  
Banking Organization ◽  
Long Run ◽  
Selection Of

Perhaps the most difficult hurdle which companies come across is the selection of the project which is beneficial to the organization in the long-run and also increases the present value of the shareholders. This is where Capital Budgeting comes into play. Capital Budgeting is one of the most important areas of financial management. This paper gives an overview of what capital budgeting is, what different types of techniques comes under capital budgeting and how to represent capital budgeting technique algorithmically. In this paper we also throw some light on what the results of various capital budgeting techniques will be if any banking organization follows these techniques and compare those results. These techniques namely as Payback Period (PP), Average Rate of Return (ARR), Net Present Value (NPV), Profitability Index (PI) and Internal Rate of Return (IRR) are used to evaluate projects.

scholarly journals Opportunities and threats associated with an investment in shares of innovative companies — evidence from Polish capital market

2018 ◽  
Vol 9 (2) ◽  
pp. 225-244
Author(s):  
Tomasz L. Nawrocki
Keyword(s):  
Stock Exchange ◽  
Average Rate ◽  
Value Added ◽  
Investment Strategy ◽  
Efficiency Analysis ◽  
Rate Of Return ◽  
Investment Efficiency ◽  
Arithmetic Average ◽  
Information Diversity ◽  
Warsaw Stock Exchange

Research background: Since the Internet bubble, which took place at the turn of XX and XXI century, on the global capital markets, including Poland, one may note a growing interest in companies focusing on innovations and innovativeness. The main driver of this interest is the belief that in a longer term innovations and expenditures on research and development will translate into an increase in competitive advantage, financial results, and subsequently also the market value of companies. On the other hand, the attention should also be paid to the fact that innovative activity has also another, darker, side, which is identified with the far-reaching uncertainty about its final effects and the possibility of incurring losses, especially in financial dimension. At the same time, it should be noted that implementation of investment strategy regarding the shares of innovative companies is quite troublesome because of the lack of unified methodology for assessing corporate innovativeness and large information diversity in this area. Purpose of the article: The investment efficiency analysis of investment strategy regarding shares of companies perceived to be innovative with simultaneous focusing on the different cases of situation development in time. Methods: The research was carried out for companies listed on the main market of the Warsaw Stock Exchange, taking into consideration various time ranges of investment. The efficiency analysis of this investment strategy was conducted in the risk-return outlay with the use of such measures as: accumulated rate of return, arithmetic average rate of return, standard and semi-standard deviation, as well as coefficients of variation and semi-variation of rate of return and their inverses. Findings & Value added: The obtained results show that in shorter periods of time, inves-tors buy expectations connected with innovative companies and therefore, the efficiency of investment in their shares is relatively high, but in the longer term expectations are revised by companies’ financial results, which in turn often negatively affects the investment efficiency.

Sign in / Sign up

Export Citation Format

Share Document