scholarly journals Efisiensi Dan Kebijakan Modal Kerja Masa Pandemi Covid 19 (Studi Pada Industri Manufaktur Syariah Di Indonesia)

2021 ◽  
Vol 17 (3) ◽  
pp. 312-326
Author(s):  
Ruhadi Ruhadi ◽  
Keyword(s):  
Profit Margin

Penelitian ini bertujuan pertama untuk mengidentifikasi bagaimana manajerial perusahaan khususnya industri manufaktur syariah, pada masa pandemi covid 19, melakukan pengelolaan/ kebijakan modal kerjanya. Kedua penelitian ini bermaksud mengungkap, apakah ada pengaruh dari kebijakan modal kerja ini pada efisiensi perusahaan. Data yang digunakan pada penelitian ini adalah perusahaan pada industri manufaktur yang masuk kategori syariah yang terdaftar pada Bursa Efek Indonesia (BEI). Metoda penelitian yang digunakan bersifat deskriptif dan eksplanatif dengan alat analisis regresi linier sederhana dan diselesaikan dengan bantuan software Smart_PLS 3. Berdasarkan hasil analisis ditemukan bahwa hanya 33 persen dari perusahaan manufaktur syariah pada masa Pandemi Covid 19, menggunakan kebijakan modal kerja yang bersifat agresif. Kondisi ini berbeda dengan masa sebelum pandemi Covid 19 tahun 2019 dimana industri manufaktur yang berkategori syariah yang menganut kebijakan modal kerja agresif hampir 85 persen. Temuan kedua adalah bahwa kebijakan modal kerja pada masa pandemi Covid 19, secara statistik memiliki pengaruh positif dan signifikan terhadap pemanfaatan aset dalam menghasilkan penjualan. Kendati demikian secara statistik pula bahwa pengaruh ini, tidak diikuti dampak pada aspek komersialnya atau profit margin nya.

ANALISIS EFISIENSI PENGELOLAAN MODAL KERJA PADA PERUSAHAAN DAERAH AIR MINUM (PDAM) KABUPATEN BANGGAI

2017 ◽  
Vol 1 (2) ◽  
pp. 21
Author(s):  
IRWAN MORIDU
Keyword(s):  
Profit Margin ◽  
Current Ratio ◽  
Return On Equity

Penelitian ini bertujuan untuk mengetahui apakah penggunaan modal kerja pada Perusahaan Daerah Air Minum Kabupaten Banggai sudah efisien selama tahun 2013 hingga 2016, data dianalisis secara deskriptif kuantitatif dengan menggunakan rasio aktivitas. Penelitian ini dilaksankan pada pada Perusahaan Daerah Air Minum Kabupaten Banggai dari bulan juni hingga agustus 2017 dengan menggunakan metode wawancara, observasi dan dokumentasi.Berdasarkan hasil penelitian dari hasil perhitungan Rasio Likuiditas yang terdiri dari Current Ratio, Quick Ratio dan Cash Ratio dan Rasio Rentabilitas yang terdiri dari Gross Profit Margin, Profit Margin, Return On Asset, dan Return On Equity, secara keseluruhan perhitungan rasio dalam pengukuran efisiensi penggunaan modal kerja pada Perusahaan Daerah Air Minum Kabupaten Banggai selama kurun waktu 2013 sampai dengan tahun 2016 adalah kurang efisien.

The Effect of Current Ratio and Debt to Asset Ratio on Net Profit Margin and Stock Prices: A Study of Basic Industry and Chemicals Companies

2020 ◽  
pp. 282-294
Author(s):  
Sudirman S ◽  
Muhammad Wahyuddin Abdullah ◽  
Muhammad Obie
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
Secondary Data ◽  
Profit Margin ◽  
Current Ratio ◽  
Industry Sector ◽  
Basic Industry ◽  
Net Profit ◽  
Equity Ratio ◽  
Index Value

This study examined the effect of current ratio and debt to asset ratio on net profit margin and stock prices of the sector basic industry and chemicals companies listed on the Indonesia Stock Exchange in the period 2015-2019. The object of research was the stock prices of companies in the Basic Industry and Chemicals sector, which have been published through the official website of the Indonesian capital market. It was used secondary data derived from the monthly statistics, including Current Ratio data, Net Profit Margin, Debt to Asset Ratio, and data on closing prices for the period 2015-2019. In analyzing data, it was used path analysis of secondary data obtained from the basic industry sector financial statements of 60 companies. The company's performance in this sector is considered quite good when seen from the movement of the index value in the last five years. The results show that direct current ratio had a positive and significant effect on the net profit margin, and the debt to equity ratio did not significantly influence the net profit margin. The current ratio has a positive and significant effect on stock prices, and the debt to equity ratio has a negative and not significant effect on stock prices. In contrast, the net profit margin has a significant effect on stock prices in the basic industry sector companies on the Indonesia Stock Exchange. Indirectly the current ratio has a positive and significant effect on stock prices. In contrast, the debt to asset ratio has a negative and not significant effect on the company's stock prices in the basic industry sector on the Indonesia Stock Exchange.

ANALISIS PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, TOTAL ASSETS TURNOVER, NET PROFIT MARGIN TERHADAP RETURN ON EQUITY PADA PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA PERIODE 2008-2010

MANAJERIAL ◽  
2018 ◽  
Vol 1 (1) ◽  
pp. 14
Author(s):  
USWATUL KARIMAH
Keyword(s):  
Significant Influence ◽  
Profit Margin ◽  
Manufacturing Companies ◽  
Current Ratio ◽  
Return On Equity ◽  
Financial Report ◽  
Net Profit ◽  
Equity Ratio ◽  
Level Of Significance ◽  
Observation Period

This research performed in order to test the influence of variabel, Current Ratio (CR), Debt to Equity Ratio (DER), Total Assets Turnover (TAT), dan Net Profit Margin (NPM) toward Return on Equity (ROE). Methodology research as the sample used proposive sampling with criteria as (1) Manufacturing companies that listing at JSX who provide financial report year ending 31st December during the observation period 2008 – 2010, well available at JASICA index. (2) Companies must be the listined at the beginning of the period of observation and not on the delisting until the end of the observation period. (3) The financial report include the value of financial ratios to be studied include ROE, CR, DER, TAT, and NPM. (4) At the beginning of the observation period until the end. Total of 23 samples obtained from 131 firms during the observation period of three years in the manufacturing sector. Sample amount as much 69 during the observation period of three years. Data analysis with multi linier regression of ordinary least square and hypotheses test used partial t - test, simultan F – test at level of significance 5%. Empirical evidence show as CR, DER, and TAT to have not significant influence toward ROE of manufacturing companies listing in JSX over period 2008 – 2010 at level of significance >5%. While the rest NPM to have significant influence toward ROE of manufacturing companies listined in JSX over period 2008 – 2010 at level of significance 5%. While, four independent variabel (CR, DER, TAT and NPM) to have significant influence toward ROE at level of significance 5% as 0,000%. Predictable of the four variables toward ROE is 56,9% as indicated by adjusted R square that is 56,9% while the rest 43,1% is affected by other factors is not included into the study model. 

ANALISIS KINERJA KEUANGAN KOPERASI DOSEN DAN KARYAWAN (KDK) SEKOLAH TINGGI ILMU EKONOMI INDRAGIRI (STIE-I) RENGAT TAHUN BUKU 2014 – 2018 DENGAN PENDEKATAN DU-PONT SYSTEM

2018 ◽  
Vol 7 (4) ◽  
pp. 67-80
Author(s):  
Suwaji Suwaji
Keyword(s):  
Profit Margin ◽  
Total Asset ◽  
Net Profit ◽  
Asset Turnover ◽  
Turn Over

Laporan keuangan tahunan suatu koperasi dapat memberikan informasi sehubungan dengan kondisi keuangan dan hasil yang telah dicapai koperasi tersebut. Untuk mengetahui dan menilai kinerja koperasi dalam proses mencapai tujuannya diperlukan metode pengukuran terhadap kinerja keuangan koperasi itu sendiri. Penelitian ini dilakukan dengan tujuan untuk mengetahui kinerja keuangan Koperasi Dosen dan Karyawan (KDK) Sekolah Tinggi Ilmu Ekonomi Indragiri (STIE-I) Rengat selama periode 2014 – 2018. Analisis yang digunakan dalam mengukur kinerja keuangan Koperasi Dosen dan Karyawan STIE Indragiri dengan menggunakan sistem Du-Pont. Analisis dengan sistem Du-Pont memfokuskan pengukuran pada Return on Invesment (ROI) yang merupakan integrasi dari pengukuran Net Profit Margin dan Asset Turnover. Data yang digunakan dalam penelitian ini adalah data laporan keuangan yang berupa neraca dan laporan laba/rugi periode tahun 2014 sampai dengan 2018. Hasil analisis yang dilakukan menunjukkan Total Aktiva, Modal, Pendapatan dan Laba Bersih cenderung mengalami peningkatan dan pertumbuhan yang positif (surplus) kecuali pada sisi laba bersih, dimana laba bersih pada akhir periode 2016 tidak mengalami pertumbuhan. Indeks pertumbuhan NPM tertinggi diperoleh pada periode 2015 dan 2018 yaitu sebesar 1,25 dan indek pertumbuhan NPM terendah terjadi pada periode 2016 yaitu sebesar 0.37. Total Asset Turn Over (TATO), atau perputaran total aktiva tertinggi terjadi pada periode 2016 dengan Indeks sebesar 1 dan terendah pada periode 2015 sebesar 0,50. Return On Invesment (ROI) indeks pertumbuhan tertinggi terjadi di periode tahun 2018 yaitu pada angka indeks 1,10 dan terendah tahun 2016 yaitu pada indeks sebesar 0,39. Dilihat dari pertumbuhannya hal ini mengindikasikan bahwa manajemen KDK-STIE Indragiri sudah mampu memberikan kinerja yang baik

THE INFLUENCE OF NET PROFIT MARGIN AND CURRENT RATIO ON STOCK PRICE

2017 ◽  
Vol 9 (2) ◽  
pp. 37-43
Author(s):  
Sri Dewi Anggadini ◽  
Eva Tarsiah
Keyword(s):  
Data Analysis ◽  
Pharmaceutical Company ◽  
Stock Price ◽  
Stock Exchange ◽  
Profit Margin ◽  
Pharmaceutical Companies ◽  
Analysis Method ◽  
Current Ratio ◽  
Financial Reports ◽  
Net Profit

 This research have purpose to examine empirically the effect on Net Profit Margin and Liquidity (Current Ratio) to Stock Price on Sub Sector Pharmaceutical Company Listed on IndonesiaStock Exchange Period 2012-2016. The problems that occur in Sub Sector Pharmaceutical Companyis the decrease of Stock Price but not followed by the increase of Net Profit Margin. Then the companyhas descreased Stock Price but not followed by the increase of Liquidity (Current Ratio). The research uses descriptive verification analysis method with population 10 companies from Sub Sector Pharmaceutical Companies. Sample selected by using purposive sampling, so thesample obtained to 8 companies with 40 financial reports from Sub Sector Pharmaceutical CompanyListed in Indonesia Stock Exchange Period 2012-2016. Technical of data analysis is multiple linearregression with SPSS 16.0 version as the application.  The result of the analysis showed that Net Profit Margin has positive and significant effect to Stock Price, and Liquidity which measured by Current Ratio has Positive dan significant effect toStock Price.

PENGARUH EARNINGS PER SHARE, NET PROFIT MARGIN, DEBT TO EQUITY RATIO TERHADAP HARGA SAHAM

Equity ◽  
2015 ◽  
Vol 18 (1) ◽  
pp. 39
Author(s):  
Taufan Septiawan ◽  
Erna Hernawati
Keyword(s):  
Stock Price ◽  
Stock Exchange ◽  
Hypothesis Test ◽  
Sampling Technique ◽  
Profit Margin ◽  
Manufacturing Companies ◽  
Earnings Per Share ◽  
Net Profit ◽  
Equity Ratio ◽  
Positive Effect

This study was conducted to examine the effect of Earnings Per Share, Net Profit Margin, Debt to Equity Ratio toward Stock Price on manufacturing companies in Indonesia Stock Exchange during the years 2009-2012. The population consists of 36 companies and are used as a sample of 17  ompanies. Sampling technique using purposive sampling method. Data were tested by using multiple regression analysis and hypothesis test with 5% level of confidence. The research results that the variables Earnings Per Share (EPS) and Net Profit Margin (NPM) gives significantly positive effect on Stock Price. The other variables Debt to Equity Ratio is not significantly to Stock Price. We suggest for investors in Indonesia Stock Exchange that paying attention other factors that regards Stock Price because with those information they can make the best decision for their investments

HUBUNGAN ANTARA RASIO KREDIT BERMASALAH DENGAN RASIO PROFITABILITAS: Studi Empiris pada BPRse-Kota Tangerang Periode 2015

2017 ◽  
Vol 2 ◽  
pp. 179-186
Author(s):  
Yohan Henri Wibowo
Keyword(s):  
Empirical Evidence ◽  
Significant Relationship ◽  
Small And Medium Enterprises ◽  
Profit Margin ◽  
Financial Report ◽  
Secondary Sources ◽  
Normality Test ◽  
Net Profit ◽  
Medium Enterprises ◽  
The City

The aims of this study is to find empirical evidence, that there is a significant relationship between the Non Performing Loan Ratio is reflected in indicators of Non-Performing Loan (NPL) with a Profitability Ratio that is reflected in the indicators Net Profit Margin (NPM).The collecting of data method is secondary sources from Quarterly Financial Report Rural Banks (hereinafter referred to as BPR) as the city of Tangerang. The sample in this study is BPRin Kota Tangerang are categorized as Micro, Small and Medium Enterprises (hereinafter referred to as SMEs). The hypothesis was tested by normality test and linear regression, The results of the study are not found empirical evidence that there is a significant relationship between Non-Performing Loan Ratios were reflected in NPL with Ratio Profitability indicators are reflected in indicators of NPM.These results indicate that required the mediating factor, namely the Contractual Interest Income from Loans and Expenses of Assets Allowance (hereinafter referred PPAPWD) Keywords: Non-Performing Loan, Net Profit Margin

PENGARUH NET PROFIT MARGIN (NPM), RETURN ON EQUITY (ROE), EARNING PER SHARE (EPS) DAN PRICE EARNING RATIO (PER) TERHADAP RETURN SAHAM PADA PERUSAHAAN FARMASI YANG TERDAFTAR DI BURSA EFEK INDONESIA

2018 ◽  
Vol 9 (1) ◽  
pp. 60-74
Author(s):  
Nurlia Nurlia
Keyword(s):  
Profit Margin ◽  
Return On Equity ◽  
Net Profit

Penelitian ini bertujuan untuk mengetahui Pengaruh net profit margin, return on equity, earning per share dan price earning ratio terhadap return saham pada Perusahaan Farmasi yang terdaftar di Bursa Efek Indonesia. Metode analisis menggunakan analisis regresi linier berganda. Variabel independen dalam penelitian ini yaitu net profit margin, return on equity, earning per share dan price earning ratio. Dan variabel dependennya yaitu return saham. Berdasarkan hasil uji F, net profit margin, return on equity, earning per share dan price earning ratio berpengaruh secara bersama-sama terhadap return saham pada Perusahaan Farmasi yang terdaftar di Bursa Efek Indonesia. Berdasarkan hasil uji t, net profit margin dan earning per share berpengaruh positif dan tidak signifikan terhadap return saham. return on equity berpengaruh negatif dan tidak signifikan terhadap return saham. price earning ratio berpengaruh positif dan signifikan sekaligus Dominan terhadap return saham pada Perusahaan Farmasi yang terdaftar di Bursa Efek Indonesia.    

A Study of Multilayered Profitability Analysis by Using DuPont Model: Evidence from Indian Pharmaceutical Industry

2021 ◽  
pp. 097215092199305
Author(s):  
Pinku Paul
Keyword(s):  
Panel Data ◽  
Pharmaceutical Industry ◽  
Profit Margin ◽  
Pharmaceutical Firms ◽  
Sustainable Performance ◽  
Profitability Analysis ◽  
Panel Data Regression ◽  
Data Regression ◽  
Negative Effect ◽  
Positive Effect

Profitability is used as a prime indicator to measure the sustainable performance of an organization. The current study made an attempt to apply the DuPont model to investigate the multilevel profitability determinants for the pharmaceutical industry of India. The study also estimates an empirical model to predict the association of profitability with factors such as profit margin, asset utilization, leverage, interest load and tax load of firms in the pharmaceutical industry of India. For this purpose, a dataset for 170 companies from 2010–2011 to 2018–2019 was analysed initially by using panel data regression followed by stepwise panel data regression. The study successfully applied and tested the DuPont model with respect to the firms of the pharmaceutical industry in India. It was found that the factors such as profit margin, asset utilization and leverage had a significant positive effect on the firms’ profitability and the factor interest load had a significant negative effect on the firms’ profitability. The tax load does not have an impact on the profitability of the pharmaceutical firms in India. These findings are expected to provide a guide for understanding the profitability of the firms in a better way.

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