ANALISIS KINERJA KEUANGAN PADA PERUSAHAAN PT MUSTIKA RATU TBK. BERDASARKAN ANALISIS RASIO LIKUIDITAS, SOLVABILITAS, DAN RENTABILITAS

This study is intended to determine the financial performance of PT Mustika Ratu Tbk. by analyzing financial data through financial ratios of liquidity, solvency and profitability. The data analyzed are company financial statements which include Balance Sheet, Profit / Loss, Cash Flow PT Mustika Ratu Tbk. 2015 to 2017. This research is a quantitative research, processed data, namely financial report data of PT Mustika Ratu Tbk. taken through data on the Indonesia Stock Exchange. Financial data taken is annual reports from 2015 to 2017. Analysis of this data uses liquidity ratios, solvency ratios, profitability ratios.

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Fraud Pentagon in The Act of Cheating Financial Statements With The M-Score Method

Jambura Science of Management ◽

10.37479/jsm.v3i1.7142 ◽

2021 ◽

Vol 3 (1) ◽

pp. 36-45

Author(s):

Adi Susilo ◽

Endang Masitoh ◽

Suhendro Suhendro

Keyword(s):

Quantitative Research ◽

Stock Exchange ◽

Financial Statements ◽

Variable Pressure ◽

Toll Roads ◽

Financial Report ◽

Service Companies ◽

Score Method ◽

Sample Count ◽

Fraudulent Financial Statements

Fraudulent financial statements include a number of ways of doing, to benefit from others by mis-presenting material in financial statements. The purpose of this research is to test and lysis influence pressure, opportunity, rationalization, competence, and arrogance on the financial statements of transportation, toll roads, airports and ports listed on the Indonesia Stock Exchange (IDX) period 2015-2018, with a sample count of 52 where data collection is carried out by purposive sampling method. This type of quantitative research with case studies, data analysis method uses logistics regression analysis with spss program version 17. The results showed arrogance had an effect on financial report fraud while variable pressure, opportunity, rationalization, and competence had no effect on financial report fraud. Further research can increase the number of research samples so that the results of the research can represent all service companies.

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Financial and Operating Working Capital: Unraveling Obscured Portion of Balance Sheet

Journal of Business and Social Review in Emerging Economies ◽

10.26710/jbsee.v6i2.1168 ◽

2020 ◽

Vol 6 (2) ◽

Author(s):

Kashif Saeed ◽

Areeba Khan

Keyword(s):

Cash Flow ◽

Business Performance ◽

Stock Exchange ◽

Balance Sheet ◽

Secondary Data ◽

Annual Reports ◽

Working Capital ◽

Cash Conversion Cycle ◽

Internal Cash Flow ◽

Business Practitioners

ABSTRACT Purpose- The purpose of this study is to provide a new obscured aspect of financial working capital in working capital management, and investigate the association between financial and operating working capital with business performance. This paper also examines the interacting effect of net cash flow on this relationship. The current study introduces a modification in cash conversion cycle (CCC) by taking concealed trade advance payments. Design/methodology/approach- This study employs fixed effect regression model, covering a sample of Automobile sector companies, listed at Pakistan Stock Exchange (PSX) for the period of fourteen years from 2005 to 2018. Secondary data is collected from companies’ financial annual reports, PSX website, and Balance sheet analysis of State Bank of Pakistan (SBP). The study is explanatory and deductive in nature. Financial working capital (FWC) and new measure of operating working capital (OWC) i.e. modified cash conversion cycle (mCCC) is introduced & empirically tested with 252 firm-year observations. Findings- The regression results shows, a convex association between OWC & FWC, with business performance, in dearth of internal cash. However, after taking interacting effect of internal availability of cash, only FWC relation has become concave. The result also shows that mCCC provides a more realistic view of OWC. Research limitations/implications- This study has considered, concealed trade prepayments only, further research could include other components in mCCC. Moreover micro, macro factors and status of the economy such as depression or boom may also affect the results of the research. The findings suggest that managers should separately deal operating & financial working capital. Firms’ performance can be enhanced, if Finance Manager Take account internal cash of the firm. In case of deficiency (sufficiency) of it, he should work to decrease (increase) the investment amount in operating working capital (financial working capital). Overall, the results will be helpful to the financial experts and business practitioner in analyzing, and utilization of their resources. Originality/value- This study adds a new dimension in working capital by separating it into operating and financial working capital. The study also offers insights into the new knowledge of extension in CCC, role of concealed advance payments and internal cash flow, for class teachers and business practitioners. It will also describe the new avenues for further research in this field. Key Words: Financial working capital, Operating working capital, Trade advanced payments and modified cash conversion cycle (mCCC).

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Analisis Nilai Perusahaan berdasakan Profitabilitas, Ukuran Perusahaan, dan Struktur Modal di Indonesia

10.31227/osf.io/vwdpy ◽

2019 ◽

Author(s):

Roy Lasmi Harahap ◽

Lola Fitria Sari

Keyword(s):

Capital Structure ◽

Firm Value ◽

Quantitative Research ◽

Stock Exchange ◽

Sample Selection ◽

Manufacturing Companies ◽

Financial Report ◽

Size Firm ◽

Report Data ◽

The Impact

This study aims to discuss the impact of profitability, firm size and capital structure on firm value. The population in this study were manufacturing companies listed on the Indonesian stock exchange in the 2013-2017 period. This research is quantitative research. With the method of data collection is documentation. The sample selection is done using the purposive sampling method, the sample is 40 companies. Financial report data is obtained from the official IDX website. The analytical methode used is regression analysis of panel data with the help of application E-Views 8. The result of the research show that variable profitability has a positive and significant effect on firm value, size firm has a negative and significant on firm value and capital structure does not have any significant influence on firm value.

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PENGARUH AKTIVITAS, LIKUIDITAS DAN SOLVABILITAS TERHADAP PROFITABILITAS PADA PERUSAHAAN MAKANAN DAN MINUMAN DI BEI 2014-2018

E-Jurnal Manajemen Universitas Udayana ◽

10.24843/ejmunud.2020.v09.i09.p05 ◽

2020 ◽

Vol 9 (9) ◽

pp. 3403

Author(s):

Firdaus Fridikus Matondang ◽

Eni Wuryani

Keyword(s):

Quantitative Research ◽

Stock Exchange ◽

Working Capital ◽

Financial Report ◽

Turnover Ratio ◽

Analysis Technique ◽

Food And Beverage ◽

Report Data ◽

Equity Ratio ◽

Purposive Sample

The purpose of this study was to determine the effect of activity, liquidity and solvency on profitability in food and beverage companies listed on the Indonesia Stock Exchange in 2014-2018. The sample used is 60 annual financial report data selected based on a targeted sample using a purposive sample. This type of research is quantitative research. The data analysis technique used multiple linear regression with the help by means of SPSS test equipment. Measurement of research variables using working capital turnover ratio, quick ratio, debt to equity ratio and return on asset. The results showed that activity and liquidity partially affected profitability, while solvency did not affect profitability. Keywords: Activity;Liquidity;Profitability;Solvency

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DETECTING OF BOND DEFAULTS INDICATIONS USING FINANCIAL STATEMENT AND SHENANIGANS INDICATORS

AFEBI Accounting Review ◽

10.47312/aar.v5i02.310 ◽

2021 ◽

Vol 5 (02) ◽

pp. 69

Author(s):

Arya Wedha Rieantiari ◽

Ancella Anitawati Hermawan

Keyword(s):

Financial Statements ◽

Financial Statement ◽

Annual Reports ◽

Financial Indicators ◽

Financial Report ◽

Creative Accounting ◽

Big 4 ◽

Report Data ◽

Investment Grade

<em>This study aims to detect indications of bond defaults by conducting a thorough analysis of PT Trikomsel Oke, Tbk (TRIO)'s financial statements. TRIO's financial statements show that the company's revenue and profits increased during 2009-2014. However, the Indonesia rating agency (PEFINDO) declared default on the two bonds issued by TRIO in November 2015, even though the signal TRIO gave to its financial statements was an unqualified opinion from one of the big 4 Public Accountants for six consecutive years and PEFINDO's investment grade. This study uses a case study method.. Financial report data are analyzed by financial ratios and financial indicators of shenanigans. Evidence shows that there are indications of creative accounting and shenanigans before bonds were declared defaulted in 2015. With these results, this study suggests investors and creditors be more vigilant in analyzing published annual reports</em>

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Liquidity, Profitability and Operational Costs on Corporate Income Tax

Ilomata International Journal of Tax and Accounting ◽

10.52728/ijtc.v2i4.335 ◽

2021 ◽

Vol 2 (4) ◽

pp. 236-245

Author(s):

Bertilia Lina Kusrina ◽

Putri Desti Fatwah Fatimah

Keyword(s):

Financial Performance ◽

Income Tax ◽

Negative Impact ◽

Stock Exchange ◽

Secondary Data ◽

Financial Statements ◽

Operating Costs ◽

Corporate Income Tax ◽

Financial Report ◽

Report Data

Tax revenue is the largest source of income for the Indonesian state. One of the contributors to state revenue from the tax sector is corporate income tax. Financial performance is one measure of the success of a business entity which is expected to increase revenue from corporate income tax. This study aims to determine the effect of financial performance using variable liquidity ratios, profitability ratios, and operating costs on corporate income tax. The data used is secondary data, namely annual financial report data from large trading sub-sector companies (wholesale) listed on the Indonesia Stock Exchange (IDX) for the 2014-2018 period. The analytical method used is multiple regression analysis. The results showed that partially profitability and operating costs have an effect on corporate income tax, while liquidity has no effect on corporate income tax. Simultaneously, liquidity, profitability and operating costs affect corporate income tax. Based on the results obtained that the ratio that affects corporate income tax is profitability and operating costs, so as an implication the internal party/management must be careful with the information presented in the financial statements which will have a negative impact on the users of financial statements, especially on operating costs.

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Analysis of Financial Performance In Company PT. Indofood Sukses Makmur Tbk. Based On Ratio Analysis Liquidity and Profitability Period 2015-2019.

Journal of Sosial Science ◽

10.46799/jsss.v1i5.44 ◽

2020 ◽

Vol 1 (5) ◽

pp. 260-265

Author(s):

Yasinta Asiani ◽

Setyo Riyanto

Keyword(s):

Stock Exchange ◽

Descriptive Analysis ◽

Good Condition ◽

Balance Sheet ◽

Financial Statements ◽

Ratio Analysis ◽

Financial Ratio ◽

Financial Condition ◽

Financial Ratio Analysis ◽

Profitability Ratios

The industry is one sector that has an important role in the development of a country. One of them is an industry in Indonesia, and its products that are in great demand are consumer goods with specifications of food products and household goods. An assessment of a company's financial level can be done by analyzing the company's financial statements. The financial statements used are the balance sheet and income statement from 2015 to 2019. To find out whether the company's financial condition is in good condition, various analyzes can be performed. One analysis that can be used to determine the company's financial situation is financial ratio analysis. The purpose of this study is to assess the company's performance by using the financial ratio analysis of PT Indofood Sukses Makmur, Tbk on the Indonesia Stock Exchange. This research was conducted by conducting documentation techniques with data obtained from the financial statements of PT Indofood Sukses Makmur. Then analyzed using financial statement analysis consisting of liquidity ratios and profitability ratios. The analytical method used is a descriptive analysis using the measurement of liquidity ratios and profitability. Based on the calculation of ratio analysis from PT Indofood Sukses Makmur, the liquidity ratio has increased every year so that the company's condition can be categorized quite well. Whereas, based on profitability ratios, it shows an increasing number from year to year so that it can be said the state of the company is in a good position.

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Pengaruh Perputaran Piutang dan Perputaran Persediaan terhadap Profitabilitas (Studi Empiris pada Perusahaan Sektor Industri Barang Konsumsi yang Terdaftar di BEI Periode 2015-2018)

Akuisisi: Jurnal Akuntansi ◽

10.24127/akuisisi.v16i1.448 ◽

2020 ◽

Vol 16 (1) ◽

pp. 39-43

Author(s):

Yanti Yanti ◽

Mumun Maemunah

Keyword(s):

Turnover Rate ◽

Stock Exchange ◽

Balance Sheet ◽

Secondary Data ◽

Financial Report ◽

Accounts Receivable ◽

Income Statement ◽

Inventory Turnover ◽

Report Data ◽

A Company

The aim of this study is to determine the accounts receivable turnover rate and inventory turnover have an influence on profitability both partially and simultaneously in a company. The object of this study is a consumer goods industry sector manufacturing company that listed on Indonesia Stock Exchange in the period 2015-2017. The type of data in this study is quantitative data. The source of the data in this study is secondary data, in the form of financial report data (balance sheet and income statement) related to variable in this study. The results of this study indicates that accounts receivable turnover has an affect on profitability. While inventory turnover does not affect on profitability. The results of the study simultaneously indicates that accounts receivable turnover and inventory turnover influence together on profitability.

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Do Derivatives Instruments Ownership Decrease Firm Value in Indonesia?

Riset Akuntansi dan Keuangan Indonesia ◽

10.23917/reaksi.v5i1.9817 ◽

2020 ◽

Vol 5 (1) ◽

pp. 1-9

Author(s):

Amrie Firmansyah ◽

Eko Bayu Dian Purnama

Keyword(s):

Firm Value ◽

Stock Price ◽

Quantitative Research ◽

Stock Exchange ◽

Sample Selection ◽

Secondary Data ◽

Financial Statements ◽

Annual Reports ◽

Linear Regression Models ◽

Derivative Instruments

This research aims to examine the association between derivatives instruments and firm value. This research is quantitative research with multiple linear regression models and panel data. The sample employed in this research is non-financial companies listed on the Indonesia Stock Exchange (IDX). The type of data used in this study is secondary data sourced from financial statements, stock price information, and annual reports from 2012 to 2017. The sample selection using a purposive sampling method with the number of samples amounted to 246 firm-year. The result of this study suggests that a derivatives instrument is not associated with firm value. Investors in Indonesia do not consider ownership of derivative instruments by companies whether those are harmful of not for the investment impact. Also, derivatives do not have an official market in Indonesia as well as investors also do not understand the purpose of derivative ownership by companies.

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Analisis Faktor-faktor Yang Mempengaruhi Likuiditas Bank BNI Syariah dan Bank BCA Syariah

JURNAL ILMIAH EKONOMI ISLAM ◽

10.29040/jiei.v6i3.1426 ◽

2020 ◽

Vol 6 (3) ◽

pp. 582

Author(s):

Muhammad Tho'in ◽

Yuge Agung Heliawan

Keyword(s):

Quantitative Research ◽

Quantitative Methods ◽

Secondary Data ◽

Sampling Technique ◽

Financial Statements ◽

Financial Reports ◽

Financial Report ◽

Other Information ◽

Report Data ◽

Secondary Data Sources

The purpose of this research is to determine the analysis of the factors that affect the liquidity of Islamic banks at Bank BNI Syariah and Bank BCA Syariah in 2010-2018. This research uses descriptive quantitative research that uses secondary data sources in the form of financial reports. This research uses quantitative methods, where this method is used to test the hypothesis. Sources of data in this study are secondary data in the form of financial statements of Bank BNI Syariah and Bank BCA Syariah for 2010-2018 from the official website www.bnisyariah.co.id and www.bcasyariah.co.id which are supported by journals and reference books related to research, as well as other information related to this research. The population of this research is the financial statements of Bank BNI Syariah and Bank BCA Syariah in 2010-2018. The sampling technique used purposive sampling technique, the sample in this study was quarterly financial report data published for 9 consecutive years by Bank BNI Syariah and Bank BCA Syariah. The data used is secondary data from the official website www.bnisyariah.co.id and www.bcasyariah.co.id. The results showed that the CAR variable has a significant effect on Liquidity (FDR), the NPF variable has a significant effect on Liquidity (FDR), the TPF variable has no significant effect on Liquidity (FDR), simultaneously the CAR, NPF and TPF variables have a significant effect on Liquidity ( FDR).

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