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 Dampak Privatisasi BUMN Terhadap Kinerja Keuangan BUMN Indonesia

2020 ◽  
Vol 30 (1) ◽  
pp. 1
Author(s):  
Tapi Omas Annisa ◽  
Jeffits Khusnu Alif
Keyword(s):  
Financial Performance ◽  
Quantitative Research ◽  
Hypothesis Test ◽  
Profit Margin ◽  
Return On Assets ◽  
Turnover Ratio ◽  
Operating Profit ◽  
Total Debt ◽  
Asset Turnover ◽  
Equity Ratio

This study aims to examine the differences in state-owned companies before privatization and after privatization is conducted in terms of the company’s financial perfomance. The company’s financial performance uses 10 financial of Gross Profit Margin, Operating Profit Margin, Net Profit Margin, Return On Assets, Return on Investment, Current Ratio, Total Debt to Total Asset Ratio, Total Debt to Equity Ratio, Fix Asset Turnover Ratio, Net Asset Turnover Ratio. This study method uses quantitative research. Data analysis uses mann-whitney different test. The sample of  state-owned companies with a period consisting of 4 years before privatization and 4 years after privatization. Hypothesis test results show that the financial performance of state-owned companies after privatization is better than before privatization.

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 The Effect of Financial Performance Measured With Rentability Ratio Against Dividend Payout Ratio (Empirical Study on Manufacturing Companies Group Listed on BEI)

2018 ◽  
Vol 2 (01) ◽  
Author(s):  
Imas Della Fauzi ◽  
Rukmini Rukmini
Keyword(s):  
Financial Performance ◽  
Return On Investment ◽  
Hypothesis Test ◽  
Profit Margin ◽  
Manufacturing Companies ◽  
Return On Assets ◽  
F Test ◽  
Dividend Payout ◽  
Return On Equity ◽  
Net Profit

This study aims to examine whether there is a significant effect of the company's financial performance as measured by the ratio of profitability with Return on Assets (ROA), Return On Equity (ROE), Return On Investment (ROI) and Net Profit Margin (NPM) to Dividend Payout Ratio (DPR). The data collected is obtained from the financial statements of manufacturing companies listed on the Indonesia Stock Exchange period 2013-2015. The analysis used to know how big the influence of ROA, ROE, ROI NPM to DPR company, writer do statistical analysis done by using descriptive analysis, doubled linear regression, correlation coefficient and coefficient of determination. While testing the hypothesis using F test for simultaneous test and t test partially, using SPSS 16. Based on the results of data processing, obtained regression equation Y = 31.225 + 1.209 X₁ - 0.106 X₂ + 0.505 X₃ - 0.708 X₄ + ε, analysis results Statistics simultaneously obtained the value of determination coefficient of 28.3%. While the rest equal to 71.7% influenced by other factors. Based on hypothesis test by using significant level α = 0,05 result of F test, show that together regression model can be used to explain the relation between Return on Asset, Return On Equity, Return On Investment and Net Profit Margin to Dividend Payout Ratio. Keywords: Return on Assets, Return on Equity, Return On Investment and Net Profit Margin, Dividend Payout Ratio

scholarly journals FINANCIAL PERFORMANCE IN VALUE IN THE AUTOMOTIVE SECTOR AND COMPONENTS GO PUBLIC IN INDONESIA

2018 ◽  
Vol 2 (1) ◽  
pp. 30-40
Author(s):  
Herdiyana Herdiyana ◽  
Nelly Setiawan
Keyword(s):  
Financial Performance ◽  
Profit Margin ◽  
Total Asset ◽  
Automotive Sector ◽  
Return On Assets ◽  
Book Value ◽  
Total Debt ◽  
Net Profit ◽  
Equity Ratio

ABSTRAKPenelitian ini bertujuan untuk mengetahui pengaruh nilai kinerja keuangan perusahaan secara bersama-sama. Kinerja keuangan diukur dengan menggunakan Total Debt to Equity Ratio Total (DER), Total Debt to Total Asset Ratio (DAR), Net Profit Margin (NPM) dan Return on Assets (ROA). Jangka waktu penelitiandari 2009-2013. Metode analisis yang digunakan adalah analisis kuantitatif dengan menggunakan analisis regresi linier berganda. Penelitian ini menyatakan bahwa uji t menunjukkan DER dan DAR tidak berpengaruh pada nilai perusahaan, tetapi ROA t hitung > t tabel (-3.233 <-1,697) dengan signifikansi 0,003 <0,05 dan NPM t> t tabel (2.788> 1,697) dengan signifikansi 0,009 <0,05 sehingga dapat meramalkan nilai perusahaan ROA dan NPM (Price to Book value) yang tepat. Sementara pengujian hipotesis menggunakan uji F menunjukkan bahwa DER, DAR, ROA, dan NPM secara simultan atau bersama-sama mempengaruhi nilai perusahaan (Price to Book value), karena nilai F hitung> F tabel (3.827> 2,69) dengan signifikansi 0,013 <0,05. koefisien determinasi (R Square) dari 0338 ATAU 33,8% hasil ini menunjukkan bahwa variasi Price to Book value (PBV) dapat dijelaskan oleh nilai DER, DAR, ROA, dan NPM 33,8% sedangkan sisanya 66,2% (100% - 33,8%) dijelaskan oleh variabel lain yang tidak termasuk dalam model.Kata kunci: DER, DAR, ROA, NPM, and Price to Book Value.

FINANCIAL PERFORMANCE ANALYSIS ON KSP TRI DHARMA ARTHA SEPUTIH RAMAN.

2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Suwarto Suwarto
Keyword(s):  
Financial Performance ◽  
Profit Margin ◽  
Financial Statement ◽  
Return On Assets ◽  
Current Ratio ◽  
Savings And Loans ◽  
Return On Equity ◽  
Net Profit ◽  
Equity Ratio ◽  
Solvency Ratio

This research is motivation to know the financial performance of ksp so that the management of the ksp can perform their duties and obligations well in accordance with the objectives of the cooperative in general.The purpose of this study to determine the financial performance of ksp based on the ratio of Liquidity, Solvency and Profitability on Tri Dharma Cooperative Artha Seputih Raman.Based on the it can be concluded the financial performance of Savings and Loans Cooperative Tri Dharma Artha Seputih Raman years in 2012-2016 are:The liquidity ratio consisting of current ratio yielded an average of 90.44%. It can be concluded that current ratio includes bad criteria because less than 125%. Solvency ratio consists of debt to asset ratio yield average of 91,42% and can be concluded debt to asset ratio including criterion less good, because bigger than 60% to 95%. While based on the calculation of debt to equity ratio produce an average of 1,074.05%, it can be concluded debt to equity ratio including bad criteria because greater than 200% and profitability ratio consisting of return on assets (ROA) yield average of 1 , 36%, can be concluded return on assets (ROA) including criteria less good because more than 1% to 3% whereas based on calculation of return on equity (ROE) yield average of 16,04%, can be concluded return on equity ( ROE) is included in good criteria because it is greater than 15% to 21% and based on the calculation of net profit margin (NPM) yields an average of 8.08%, net profit margin (NPM) is considered good enough criteria as more than 5% to 10%.Keywords: Financial Statement, Liquidity Ratio, Solvency Ratio, and Profitability Ratio 

ANALISIS PERBANDINGAN KINERJA KEUANGAN PERUSAHAAN SEBELUM DAN SESUDAH MERGER DAN AKUISISI YANG TERDAFTAR DIBURSA EFEK INDONESIA (STUDI PADA PERUSAHAAN PUBLIK TAHUN 2010-2013)

2019 ◽  
pp. 139-160
Author(s):  
Fitriani F. Silaban ◽  
Evelin R.R. Silalahi
Keyword(s):  
Return On Investment ◽  
T Test ◽  
Return On Assets ◽  
Current Ratio ◽  
Return On Equity ◽  
Paired Sample ◽  
Investment Return ◽  
Net Profit ◽  
Equity Ratio ◽  
Turn Over

Penelitian ini bertujuan untuk mengetahui apakah terdapat perbedaan kinerja keuangan perusahaan yang melakukan merger dan akuisisi 2 tahun sebelum dan 2 tahun sesudah merger dan akuisisipada perusahaan publik yang terdaftar di Bursa efek indonesia tahun 2010-2013.Teknik pengambilan sampel yang digunakan adalah purposive sampling dengan jumlah sampel sebanyak 14 perusahaan. Data diperoleh dari Bursa Efek Indonesia tahun 2010-2013. Teknik analisis data yang digunakan adalah uji beda (uji t) dan pengujian hipotesis menggunakan uji Paired Sample T-test dengan tingkat signifikansi sebesar 5%.Berdasarkan hasil penelitian dan uji Paired Sample T-test menunjukkan bahwa tidak terdapat perbedaan kinerja keuangan perusahaan yang melakukan merger dan akuisisi 2 tahun sebelum dan 2 tahun sesudah merger dan akuisisi yang diukur dengan Net Profit Margin, Return on Investment, Return on Equity,Earning Per Share, Total Asset Turn over, Current Ratio, Debt To Equity Ratio, sedangkan pada Return on Assets terdapat perbedaan yang signifikan terhadap kinerja keuangan pada perusahaan publik yang terdaftar di Bursa Efek Indonesia tahun 2010-2013. Hasil penelitian ini disebabkan karena adanya kemungkinan principal yang mengusulkan merger dan akuisisi dilakukan tanpa melakukan pengendalian terhadap kinerja perusahaan yang akan dimerger dan diakuisisi serta kemungkinan agen juga memanfaatkan keputusan ini untuk kepentingan pribadi yang menjadikan kinerja perusahaan tidak optimal sehingga tujuan merger dan akuisisi yang dibuat perusahaan untuk meningkatkan nilai dan kinerja perusahaan tidak tercapai.

scholarly journals Analisis Rasio Keuangan Sebagai Tolok Ukur Kinerja Keuangan Badan Usaha Milik Desa (Bumdes) Arum Dalu Ngabar

2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Govindha Zahra Maharyani ◽  
Dwiati Marsiwi ◽  
Titin Eka Ardiana
Keyword(s):  
Financial Performance ◽  
Financial Statements ◽  
Profit Margin ◽  
Return On Assets ◽  
Current Ratio ◽  
Return On Equity ◽  
Average Value ◽  
Net Profit ◽  
Equity Ratio ◽  
The Republic

BUMDes is a new line of business that is being promoted by the Government of the Republic of Indonesia. Establishment of BUMDes is intended to realize the Autonomous Village program. This study aims to determine the financial performance of BUMDes Arum Dalu Ngabar from 2015 to 2018. The assessment indicators are using Current Ratio, Debt to Equity Ratio, Return on Equity, Total Assets Turn Over, Net Profit Margin, and Return on Assets. The population in this study is all financial statements belonging to BUMDes Arum Dalu in 2015-2018. The sample used is the Arum Dalu BUMDes financial statements in 2015-2018. The data used are secondary data and data collection techniques by obtaining documents through other people. The data analysis technique in this study is the analysis of financial ratios. This study shows the results that the current ratio assessment is categorized Very Poor, with an average value of 2.492%. Debt to equity ratio is categorized Very Good, with an average value of 2.54%. Return on Equity is categorized as Fair, with an average value of 10.8%. Total assets turnover is categorized as Very Poor, with an average value of 0.19 times. Net profit margin in 2015-2018 is categorized Very Good with an average value of 51.5% and Return on assets is also categorized Very Good, with an average value of 10.5%. Based from the evaluation indicators of the Republic of Indonesia State Minister for Cooperatives, Small and Medium Enterprises Number. 06 / Per / M.KUKM / V / 2006 as a whole, the financial performance of BUMDes Arum Dalu is in the Fair category. Thus, the financial performance of BUMDes Arum Dalu really needs to be improved.

scholarly journals ANALISIS KINERJA KEUANGAN PERUSAHAAN PENGAKUSISI SEBELUM DAN SESUDAH MERGER AKUISISI YANG TERDAFTAR DI BURSA EFEK INDONESIA

2013 ◽  
Vol 3 (2) ◽  
pp. 150
Author(s):  
Navisah Navisah ◽  
Salamatun Asakdiyah
Keyword(s):  
Financial Performance ◽  
Return On Investment ◽  
Rank Test ◽  
Current Ratio ◽  
Paired Sample ◽  
Signed Rank ◽  
Net Profit ◽  
Signed Rank Test ◽  
Equity Ratio ◽  
Turn Over

The purpose of this study was to analyze whether there is a difference in financial performance (measured by the Current Ratio, Debt to Equity Ratio, Debt to Total Assets Ratio, Total Assets Turn Over, Return on Investment and Net Profit Margin) the acquire in 2 years before and 2 years after merger acquisition. Grouping of the population being sampled is done non-probability conducted by the method of “purposive sampling” and acquired 13 companies the sample population of 19 companies. Analysis of the measured data of different test receipts, before going to the normality test analyzed the data, if the data are not normally distributed then analysis used in this study is a Paired Sample t-test, and if the data are not normally distributed then testing using the Wilcoxon Signed Rank Test using a significance level of 0.05. Test results using paired sample t-test showed that financial performance is measured by analysis of the Current Ratio, Total Asset Turn Over, Return on Investment and Net Profit Margin there is no difference, while for financial performance as measured by analysis of Debt to Total Assets Ratio indicates there financial performance difference between the 2 years before and 2 years post-merger acquisition. Then testing using the Wilcoxon Signed Rank Test showed no difference in financial performance as measured by Debt to Equity Ratio analysis in the 2 years before and after the merger acquisitions.

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 ANALISIS MANAJEMEN LABA DAN KINERJA KEUANGAN PERUSAHAAN PENGAKUISISI SEBELUM DAN SESUDAH AKUISISI

2018 ◽  
Vol 5 (2) ◽  
Author(s):  
Tyasshela Sani Wibowo
Keyword(s):  
Earnings Management ◽  
Financial Performance ◽  
The Other ◽  
Earning Management ◽  
Company Performance ◽  
Return On Assets ◽  
Discretionary Accrual ◽  
Net Profit ◽  
Before And After ◽  
Equity Ratio

This study discuss about earnings management and financial performance of the acquirer before and after acquisition. The purpose of research was to obtain empirical evidence of how earning management have done by acquirer companies before the implementation of acquisition. In addition it aims to determine the changes in the acquirer’s financial performance before and after the acquisition. This research is a comparative study which to compare the financial performance the acquirer before and after the company make acquisition. Analysis of financial performance uses  financial rations, including profitability, activity, and solvability. Analysis of earnings management using the theory of Jones modified. Earnings management by the acquirer is a proxy for discretionary accruals (DA). The company performance was measured by using financing rations (a net profit margin, return on assets, total assets turnover, and debt to equity ratio). The result of analysis showed that there are two companies which have positive discretionary accrual value and the other three companies which have negative discretionary accrual value. Moreover financial performance of the acquirer company is experiencing the different more toward to reduction of financial performance. The conclusion was that  earning management of two acquirer companies (ANTM and UNTR) have done by increasing the profit (income increasing accruals) before doing the acquisition. While, the other three companies (ENRG, RAJA, and SMGR) have done earning management by decreasing the profit (income decreasing accruals) before doing the acquisition. Furthermore, financial performance that measure with NPM and DER increased after acquisition, while ROA and TATO decreased after acquisition.

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