scholarly journals ANALISIS RASIO KEUANGAN DAN COMMON SIZE UNTUK MENILAI KINERJA KEUANGAN PERUSAHAAN KOSMETIK DAN PERALATAN RUMAH TANGGA YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2013-2015

2019 ◽  
Vol 4 (02) ◽  
Author(s):  
Shinta Anastasya ◽  
Cholis Hidayati
Keyword(s):  
Average Cost ◽  
Total Current ◽  
Profit Rate ◽  
Financial Position ◽  
Fixed Assets ◽  
Net Profit ◽  
Average Current ◽  
The Common ◽  
The Cost

ABSTRACTFrom the Common Size report on the financial position of PT. Akasha Wira Internasional, Tbk. PT. Mandom Indonesia, Tbk. PT. Martina Berto, Tbk. PT. Mustika Ratu, Tbk. And PT. Unilever Indonesia, Tbk can be seen that the average total current assets owned by PT. Martina Berto Tbk of 72.5% is the highest compared to the others. But in the highest average fixed assets owned by PT. Unilever Indonesia Tb 56.5% compared to other cosmetics companies. Then for the highest average current debt owned by the company PT. Unilever Indonesia Tbk by 63.2% compared to other cosmetics companies, on the contrary the highest average long-term debt owned by the company PT. Akhasa Wira International Tbk is 15.0% compared to other cosmetics companies. From the Common Size profit and loss table of PT. Akasha Wira Internasional, Tbk. PT. Mandom Indonesia, Tbk. PT. Martina Berto, Tbk. PT. Mustika Ratu, Tbk. And PT. Unilever Indonesia, Tbk can be seen that the average cost of goods sold by the company PT. Mandom Indonesia Tbk is the highest average compared to other cosmetics companies which is 62%, which means PT. Mandom Indonesia Tbk has an unfavorable profit rate because if the cost of goods sold is higher it will have an impact on profit decline, conversely if the cost of goods sold is low it will increase the company's profit. Similarly, the average gross profit owned by PT. Mustika Ratu Tbk has the highest average compared to other cosmetics companies, which is 57%. And for the highest average net profit owned by PT. Unilever Indonesia Tbk is compared to other cosmetics companies, which is 17%, which means the company is able to perform well so as to produce an increase in profits.Keywords: Financial Ratios, Common Size and Financial Performance

Tail Risk Hedging: Contrasting Put and Trend Strategies

2021 ◽  
Vol 1 (1) ◽  
pp. 111-124
Author(s):  
Antti Ilmanen ◽  
Ashwin Thapar ◽  
Harsha Tummala ◽  
Dan Villalon
Keyword(s):  
Equity Market ◽  
Common View ◽  
Risk Hedging ◽  
Average Return ◽  
Economic Rationale ◽  
Research Findings ◽  
The Common ◽  
Tail Events ◽  
The Cost

We summarize key research findings on risk-mitigating strategies and offer an overview of the strengths and weaknesses of regular index put buying (“Put”) and multi-asset trend following (“Trend”) as tail hedges. The two biggest questions we address are: (1) What is the long-term average return or cost, and (2) How reliable and efficient is the hedge in equity market tail events? We present empirical answers and discuss the economic rationale for each question. The common view that Put costs more but is a more effective tail hedge contains a kernel of truth but does not capture the full story. We will give a more nuanced picture, including practicality for investors, but in the end show the cost advantage favors Trend over Put.

scholarly journals Economic Security Formation of Enterprise Under the Conditions of Steady Development

2021 ◽  
Vol 10 (1) ◽  
pp. 561
Author(s):  
Oksana Hryvkivska ◽  
Nataliia Kotvytska ◽  
Natalia Ivanova ◽  
Nataliia Pryimak ◽  
Iryna Salkova
Keyword(s):  
Economic Activity ◽  
Mechanical Engineering ◽  
Economic Security ◽  
Focal Points ◽  
Fixed Assets ◽  
Business Entities ◽  
The Cost

The most relevant aspects of achieving economic security of enterprises are determined in the article. The assessment of the level of economic security was conducted using the method of analysis of the functioning environment. The focal points of the assessment are interests, threats and resources. The possibility of economic security strengthening of business entities is traced using analysis of economic activity of mechanical engineering companies of Vinnytsia region of Ukraine as an example. At the same time, businesses that cannot cover the cost of resources with the income from goods sale in the current year were singled out. Businesses entities positioning in the functioning environment in the context of economic security motivation (interests - increase in enterprise income, threats - growth of current and long-term liabilities, resources - use of fixed assets and employees), allowed to find opportunities to increase the efficiency of enterprises that to the greater extent are related to the manufacturing of machinery and equipment.

scholarly journals Bunch and ratoon management for profitable production of high quality bananas (Musa acuminata, AAA)

1969 ◽  
Vol 76 (3-4) ◽  
pp. 119-130
Author(s):  
Héber Irizarry ◽  
Edmundo Rivera ◽  
José A. Rodríguez
Keyword(s):  
Total Yield ◽  
Maximum Yield ◽  
Musa Acuminata ◽  
High Quality ◽  
Net Profit ◽  
Polyethylene Bags ◽  
The Cost ◽  
Production Period ◽  
Selection Of

Two long-term banana experiments were conducted to determine the effect of bunch bagging, removal of lower hands, and sucker management on fruit and bunch characteristics and total yield. Bunches covered with either Dursban-treated or untreated perforated polyethylene bags yielded 10,539 kg/ha more than the uncovered ones during a 40-month production period. Considering the price that quality bananas demand at the farm gate and the cost of bagging (materials and labor), this practice represents a net profit of $3,329.25/ha. The removal of the three lower hands from the immature racemes significantly reduced bunch mean weight and total yield. However, both removal of lower hands and bunch bagging increased size of individual fruits in the distal hand, thus up-grading fruit quality. In addition, these practices also reduced the number of days required from bunch-shooting to harvest. The selection of a vigorous "sword" sucker soon after planting, combined with repeated pruning of other competing suckers produced the maximum yield of 183,744 kg/ha during a 40-month period.

scholarly journals Cognitive modeling of factors of influence on the processes of formation and reproduction of fixed assets of agricultural enterprises

2019 ◽  
Vol 16 (4) ◽  
pp. 73-87 ◽  
Author(s):  
Olena Yatsukh
Keyword(s):  
Cognitive Modeling ◽  
Cognitive Model ◽  
Capital Investments ◽  
Agricultural Producers ◽  
Agricultural Enterprises ◽  
Financial Condition ◽  
Fixed Assets ◽  
Net Profit ◽  
Factors Of Influence

The features of financial support for reproduction of fixed assets of agrarian enterprises are considered in the article. These include quantitative and qualitative differences in the basic assets of agrarian enterprises, seasonal production, long payback period of capital investments, the reproduction in agricultural enterprises of a significant part of fixed assets in kind, unsustainable financial condition of enterprises and lack of collateral for obtaining long-term loans, undervalued value of fixed assets, no accrual of depreciation on land. For the agricultural enterprises of Ukraine, a cognitive model of the situation "Fixed Assets" was developed, which allows us to investigate factors that determine the possibilities of expanding their reproduction in the light of unstable conditions of functioning. On the basis of cognitive modeling, studies of a possible scenario for the transformation of this system in accordance with the purpose of management have been carried out and modeling the dynamics of the levers of directing the management influences depending on the chosen behavior. It is established that the most significant factors influencing changes in the system of fixed assets are: net profit received by enterprises of the agrarian sector of Ukraine, state support of agricultural producers, foreign investments in agriculture and financing of fixed assets on the basis of leasing. Based on a correlation-regression analysis based on the estimation of stable cause-and-effect relationships, establishing quantitative relations between random variables of the investigated process, conditional forecasts of changes in the size of fixed assets of agricultural enterprises are constructed.

scholarly journals ANALISIS PERLAKUAN AKUNTANSI TANAMAN PRODUKTIF BERDASARKAN PSAK 16 PADA CV. BUDI BAKTI AGRO

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
Hamdani Arifulsyah ◽  
Fany Meilani ◽  
Suci Nurulita
Keyword(s):  
Oil Palm ◽  
Financial Statements ◽  
Fair Value ◽  
Financial Position ◽  
Fixed Assets ◽  
Oil Palms ◽  
The Cost ◽  
North Sumatra ◽  
A Company ◽  
Qualitative Characteristics

The purpose of this study was to determine how the application of PSAK 16 on bearer plants in CV. Budi Bakti Agro was founded in 2000, which is a company engaged in the oil palm plantation sector. CV Budi Bakti Agro has 3 locations of oil palm plantations, namely in Padang Mahondang Village, Sukaramai Village, Batu Anam Village in North Sumatra. CV Budi Bakti Agro in presenting the value of its oil palms in the statement of financial position is at the cost price and not based on the fair value of the asset. The company presents the statement of financial position as plant fixed assets and there is no separation between mature and immature plantations. This causes the financial statements presented are not relevant in accordance with the qualitative characteristics of the financial statements. After adjusting to the application of PSAK 16, it was determined that the value of the plants produced was Rp. 679,201,740 whose value is the fair value as of December 31, 2016 and the immature plantations amounting to Rp.15,761,010,500 whose value is the fair value as of December 31, 2016

scholarly journals IMPLEMENTASI PSAK 16 PADA ENTITAS PERBANKAN BUMN

Equity ◽  
2017 ◽  
Vol 20 (1) ◽  
pp. 83
Author(s):  
Panubut Simorangkir
Keyword(s):  
Banking Industry ◽  
Fixed Asset ◽  
Market Pricing ◽  
Financial Position ◽  
Industrial Companies ◽  
Fixed Assets ◽  
The Cost ◽  
A Company

Fixed assets are certainly instrumental to the activities of a company, for servicecompanies, for trading companies, as well as industrial companies. Value on fixed assets is not small. Therefore, it affects the company both in the statement of financial position and profit and loss of the company. The cost on a fixed asset will decrease due to the usage of the property, plant and equipment. The provisions governing property, plant and equipment are listed in PSAK 16 (convergence with IAS 16). The results of this research and analysis that have been done in this research, it can be concluded that the implementation of PSAK 16 in state owned enterprises (BUMN) banking industry industry for the year 2014-2015 can be done smoothly although there are difficulties in the stages to ensure the occurrence of impairment and market pricing. In general, all BUMN entities have applied PSAK 16 in accordance with the appropriate.

scholarly journals IMPROVING BUSINESS PERFORMANCE USING FINANCIAL PLANNING TOWARD PLUS-SIZE FASHION BUSINESS

2020 ◽  
Vol 4 (2) ◽  
pp. 55
Author(s):  
Afti Insani Nurmahmudiyah ◽  
Raden Aswin Rahadi ◽  
Atika Irawan
Keyword(s):  
Economic Development ◽  
Financial Planning ◽  
Business Performance ◽  
Creative Industries ◽  
Past Performance ◽  
Root Cause ◽  
Net Profit ◽  
Development Plans ◽  
The Cost

Indonesian as one of the countries that accept globalization. Indonesian economic development plans make the development of creative industries like one of the main priorities. The problem arises that some industry players cannot harness the capital well as the SME's company in the modern era's we need to manage the financial well and minimalized the cost. Avant Grande is a Bandung company that is running a business in customizing denim pants. Avant Grande implement the system of business made by order and ready stock. We found that in comparison with current performance with past performance, using ratios allows us to analyse the progress of the firm. The firm’s progress is “Poor” because from 2017 to 2018, there was a decreasing ratio value. After using DuPont System of Analysis to find the root cause, the researcher needs to dissect the net profit margin. From the discussion and root cause finding, to make Avant Grande best in performance in business, Avant Grande need to do the planning. For the solution, the Avant Grande business is needed to do Long-term Financial Planning.

scholarly journals IMPACT OF THE COVID-19 CORONAVIRUS PANDEMIC ON THE FINANCIAL STABILITY OF THE BANKING SECTOR IN KAZAKHSTAN

THE BULLETIN ◽  
2020 ◽  
Vol 6 (388) ◽  
pp. 172-180
Author(s):  
Kodasheva Gaukhar, ◽  
◽  
Azhmuxamedova Assem, ◽  
Arynova Zulfiya Amangeldykyzy, ◽  
Shaikenova Nurgul Tynyshtykovna, ◽  
...  
Keyword(s):  
Social Isolation ◽  
Financial Market ◽  
Financial Institutions ◽  
Financial Stability ◽  
Banking Sector ◽  
World History ◽  
Current Crisis ◽  
Financial Position ◽  
Net Profit

The coronavirus pandemic has led to the closure of the country's borders and social isolation of the population, which affected the decrease in loans allocated by banks to the population and business. Despite the increase in net profit by bankers, negative trends are being traced in this segment of the financial market under the influence of the coronavirus pandemic. The current crisis really has no analogues in world history, or we simply do not know about them (if, for example, the civilization that is now present on the planet Earth had predecessors). It is not like the previous ones by its very nature. Previous crises have always been based on a kind of long-term economic imbalance, but today (although with all the signs of the latter) we are faced with the coronavirus pandemic - an event whose scale and consequences turned out to be difficult to predict in principle. For this reason, no one really had the opportunity to prepare for what was happening. Temporary regulatory easing and a decrease in macroprudential markups will allow banks to gradually adapt to the situation and maintain financial stability. It is very important that banks and other financial institutions use indulgences to stabilize their financial position and lend to the economy, and not to pay dividends to owners and bonuses to management.

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 Struktur Modal dan Laba pada Perusahaan Umum Air Minum Daerah (Perumda) Tirta Mangkaluku Kota Palopo Tahun 2016 - 2020

2021 ◽  
Vol 4 (2) ◽  
pp. 234
Author(s):  
Renaldi Renaldi ◽  
Suryati Suryati
Keyword(s):  
Capital Structure ◽  
Financial Performance ◽  
Average Cost ◽  
Cost Of Capital ◽  
Weighted Average ◽  
Profit Rate ◽  
Return On Equity ◽  
The Impact ◽  
The Capital Structure

AbstrakStruktur modal dikatakan optimal bilamana dapat meminimumkan biaya modal rata-rata tertimbang (Weighted Avarage Cost of Capital) dan memaksimumkan Return On Equity (ROE). Disamping itu akan tergambar apakah struktur modal tersebut menghasilkan Lavarage yang positif yaitu suatu kondisi dimana Rentabilitas Ekonomi lebih besar dari biaya modal rata-rata tertimbang. Penelitian yang dilakukan pada Perusahaan Umum Air Minum Daerah Tirta Mangkaluku Kota Palopo untuk menganalisis pengaruh struktur modal terhadap biaya modal yang ditimbulkan, menganalisis berapa besar proporsi modal pinjaman jangka panjang pada beberapa alternatif struktur modal (2016 – 2020) dan menganalisis tingkat laba yang diperoleh perusahaan pada setiap alternatif struktur modal tersebut. Hasil penelitian menunjukkan bahwa struktur modal pada perusahaan ini khususnya tahun 2019 dan 2020, sudah optimal dimana Return On Equity (ROE) setelah hutang jangka panjang adalah 1,45% (2019) dan 1,60% (2020) yang lebih besar dari biaya modal rata-rata tertimbang yaitu 0,50% (2019) dan 0,37% (2020). Selain hal diatas, Struktur modal tersebut juga telah menghasilkan Leverage positif dimana secara rata-rata Rentabilitas Ekonomi diangka 1,52% jauh lebih besar dari rata-rata biaya modal rata-rata tertimbang yaitu sebesar 0,60%. Dengan mempertahankan komposisi struktur modal yang ada atau mengembangkan pada komposisi yang lebih baik, maka semakin menjamin kontribusi dari laba Perusahaan Umum Air Minum Daerah Tirta Mangkaluku kepada Pendapatan Asli Daerah (PAD) kota Palopo. Kata Kunci : Biaya Modal, Kinerja Keuangan, Struktur ModalAbstractThe optimization of capital Structure can happen if there's a condition where the Weighted Average Cost of Capital can be minimized and the Return of Equity (ROE) is maximized. The result will tell whether the capital structure can bring out the positive leverage or not. The positive leverage is a condition where economic rentability is bigger than the Weighted Average Cost of Capital. The purpose of the research on Mangkaluku Municipal Waterwork in Palopo City are to analyze the impact of capital structure toward the capital cost, to analyze the proportion of long-term capital loan on some alternatives of capital structure from 2016 to 2020 and to analyze the profit rate that is gained by the company on those alternatives of capital structure. The result of this study is showing that the capital structure rate of this company, especially in 2019 until 2020 shows the optimization of Return of equity (ROE) in this company after the long-term debt. The Return of Equity (ROE) in 2019 and 2020 reached 1,45% and 1,60%. The number is bigger than the Weighted Average Cost of Capital  as much of 0,50% in 2019 and 0,37% in 2020. Besides, that structure modal has resulted in positive levarage, where the average of economic rentability is 1,52%, which is 0,60% bigger than the Weighted Average Cost of Capital. By maintaining the existing modal structure composition or to develop the better composition, it will secure the profit contribution in the company of Mangkaluku Municipal Waterpark toward the locally-generated revenue of Palopo City. Keyword: Capital Structure Analisys, Cost of Capital, Financial Performance

Sign in / Sign up

Export Citation Format

Share Document