scholarly journals Capital Structure Factors Of PT. Gudang Garam.Tbk (Faktor-Faktor Struktur Modal PT. Gudang Garam.Tbk)

2018 ◽  
Vol 1 (2) ◽  
pp. 1
Author(s):  
Mohamad Jamal Moodoeto ◽  
Novitawati Djafar
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Size Factor ◽  
Company Size ◽  
Ratio Analysis ◽  
Business Risk ◽  
Financial Ratio ◽  
Financial Ratio Analysis ◽  
Structure Factors ◽  
Asset Growth

AbstrakThe need for capital is very important in building and ensuring the continuity of the company in addition to other supporting factors. Capital is needed in each company, especially if the company will expand. Therefore, the company must determine how much capital is needed to fulfill or finance the business and whether the company's funding needs are filled with own capital or filled with foreign capital.The purpose of this study is to determine the factors that influence the capital structure consisting of company size, asset growth, profitability and business risk at PT. Gudang Garam Tbk which is listed on the Indonesia Stock Exchange in 2012-2016. This study was analyzed using financial ratio analysis, namely company size, asset growth, profitability and business risk.The results of this study indicate that the first variable company size factor is not a determinant of the company's capital structure, this is because the larger the size of the company, the company tends to use its own capital in financing the company. Second, asset growth factor variables are not determinants of the company's capital structure, this is because high asset growth is not followed by greater debt usage. Third, profitability factor variables are determinants of the company's capital structure, this is because the greater the profitability of the company tends to use its own capital in financing the company. Fourth, business risk factor variables are determinants of the company's capital structure, this is because when the company's business risk increases, the company still uses its own capital in financing the company. AbstrakKebutuhan akan modal sangat penting dalam membangun dan menjamin kelangsungan perusahaan selain faktor pendukung lainnya. Modal dibutuhkan disetiap perusahaan, apalagi jika perusahaan tersebut akan melakukan ekspansi. Oleh karena itu, perusahaan harus menentukan berapa besarnya modal yang dibutuhkan untuk memenuhi atau membiayai usaha dan apakah kebutuhan dana perusahaan dipenuhi dengan modal sendiri atau dipenuhi dengan modal asing.Tujuan penelitian ini untuk mengetahui faktor yang mempengaruhi struktur modal yang terdiri dari ukuran perusahaan, pertumbuhan aktiva, profitabilitas dan risiko bisnis pada PT. Gudang Garam Tbk yang listing  di Bursa Efek Indonesia tahun 2012-2016. Penelitian ini dianalisis dengan menggunakan analisis rasio keuangan yaitu ukuran perusahaan, pertumbuhan aktiva, profitabilitas dan risiko bisnis.Hasil penelitian ini menunjukan bahwa pertama variabel faktor ukuran perusahaan bukanlah faktor penentu struktur modal perusahaan, hal ini dikarenakan semakin besar ukuran prusahaan, perusahaan cenderung menggunakan modal sendiri dalam pembiayaan perusahaannya. Kedua, variabel faktor pertumbuhan aktiva bukanlah penentu struktur modal perusahaan, hal ini dikarenakan pertumbuhan aktiva yang tinggi tidak diikuti oleh penggunaan hutang yang lebih besar. Ketiga, variabel faktor profitabilitas merupakan faktor penentu struktur modal perusahaan, hal ini dikarenakan semakin besar profitabilitas perusahaan cenderung menggunakan modal sendiri dalam pembiayaan perusahaannya. Keempat, variabel faktor risiko bisnis merupakan faktor penentu struktur modal perusahaan, hal ini dikarenakan disaat risiko bisnis perusahaan meningkat, perusahaan masih menggunakan modal sendiri dalam pembiayaan perusahaannya.

scholarly journals Analisis Komparatif Laporan Keuangan PT. Wijaya Karya (Persero) Tbk dengan Industri Building Construction yang terdaftar Di Bursa Efek Indonesia Periode 2014-2019

2021 ◽  
Vol 6 (1) ◽  
pp. 1
Author(s):  
Dimas Iskandar ◽  
Bambang Santoso Marsoem
Keyword(s):  
Financial Performance ◽  
Stock Exchange ◽  
Financial Statements ◽  
Building Construction ◽  
Ratio Analysis ◽  
Analysis Method ◽  
Financial Reports ◽  
Financial Ratio ◽  
Financial Ratio Analysis ◽  
Descriptive Statistical Analysis

This paper analyzes the financial performance of PT Wijaya Karya (Persero) Tbk. compared to the total industry based on Financial Ratio Analysis. The data used are the financial statements for the period 2014-2019 which are listed on the Indonesia Stock Exchange as many as 17 companies. Of these, 12 companies had complete financial reports. Thus the industrial data used in the sample in this paper is data from 12 companies. The data analysis method in this research is descriptive statistical analysis and financial ratio analysis. The results of this study are expected to be a benchmark in assessing the financial performance of PT Wijaya Karya Tbk

scholarly journals ANALISIS PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM PADA BANK DI BURSA EFEK INDONESIA

2014 ◽  
Vol 3 (1) ◽  
pp. 122
Author(s):  
Robert Lambey
Keyword(s):  
Capital Market ◽  
Random Sampling ◽  
Stock Price ◽  
Stock Exchange ◽  
Financial Statements ◽  
Analytical Tool ◽  
Coefficient Of Determination ◽  
Ratio Analysis ◽  
Financial Ratio ◽  
Financial Ratio Analysis

aruh analisis rasio  keuangan yaitu CR, ROA,DER,dan TATO terhadap Harga Saham pada bank. Dalam hal ini peneliti menggunakan data berupa laporan keuangan Bank yang tercatat di Bursa Efek Indonesia (BEI). Peneliti menggunakan sampel sebanyak 7 Bank yang dipilih secara purposive random sampling, yaitu perusahaan Bank yang terdaftar di BEI periode tahun 2008-2011. Data laporan keuangan yang digunakan adalah laporan keuangan yang telah dipublikasikan di dalam Indonesia Capital Market Directory (ICMD) 2013. Alat analisis yang digunakan adalah analisis regresi berganda, uji t, uji F dan koefisien determinasi yang diuji dengan uji asumsi klasik. Berdasarkan hasil analisis data dapat disimpulkan bahwa variabel ROA dan TATO mempunyai pengaruh yang signifikan terhadap Harga Saham. Kata Kunci: CR,ROA,DER, TATO, Harga Saham. ABSTRACTThe purpose of this study to know the effect of financial ratio analysis, namely CR, ROA, DER, and TATO to the stock price on the bank. In this case the researchers used the data in the form of financial statements of the Bank are listed on the Indonesia Stock Exchange (IDX). Researchers used a sample of 7 Banks are selected by purposive random sampling, the bank company listed on the Stock Exchange in the period 2008-2011. The data used financial statements are the financial statements that have been published in the Indonesian Capital Market Directory (ICMD) 2013. Analytical tool used is multiple regression analysis, t test, F test and coefficient of determination are tested with classical assumption test. Based on the analysis of data it can be concluded that the variables ROA and TATO has a significant effect on stock price. Keywords: CR, ROA, DER, TATO, Stock Price

scholarly journals Faktor Yang Mempengaruhi Capital Structure Pada Sektor Industri Dasar Dan Kimia

2019 ◽  
Vol 24 (1) ◽  
pp. 94
Author(s):  
Thio Lie Sha
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Significant Influence ◽  
Stock Exchange ◽  
Total Sample ◽  
Linear Regression Method ◽  
Test Results ◽  
Business Risk ◽  
Asset Growth ◽  
Industry Sectors

The purpose of this study is to obtain empirical evidence about the effects  of  business risk, profitability, firm size, asset structure, and growth of asset to capital structure in the company's manufacturing base and chemical industry sectors listed on the Indonesia Stock Exchange during 2011-2014. The total sample is 80 samples obtained by purposive sampling method. Data analysis was done using  multiple linear regression method with SPSS software 20 version.  The result based on t test indicate  that  business risk, firm size,  asset structure, and  asset growth of the company has positif and significant influence on struktrur capital., profitability has negatif  and  significant influence on struktrur capital.  F-test results showed that the variable business  risk, profitability, firm size, asset structure and asset growth together have a significant effect on the capital structure.

scholarly journals Faktor-Faktor Yang Mempengaruhi Struktur Modal Perusahaan Manufaktur Di BEI Periode 2015-2017

2019 ◽  
Vol 24 (1) ◽  
pp. 129
Author(s):  
Lukman Surjadi, Viviana
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Company Size ◽  
Manufacturing Companies ◽  
Business Risk ◽  
Significant Negative Effect ◽  
Negative Effect

Thisistudy aims to examine the effect of company size, profitability, and business risk on capital structure in listed manufacturing companies in Indonesian Stock Exchange period 2015-2017. This study use 24 manufacturing companies as sample in this study and also use multipleiregression analysis.iThe results of this study indicate that company size has a significant positive effectnon capitalustructure while profitability and business risk has a not significant negative effect on capital structure.

ANALISIS PERBANDINGAN KINERJA KEUANGAN DENGAN METODE CAR ANTARA PT. BRI (Persero) Tbk DAN PT. BNI (Persero) Tbk YANG TERDAFTAR DI BEI

2018 ◽  
Vol 4 (2) ◽  
pp. 76-83
Author(s):  
Anifatul Karimah ◽  
SS Dwiningwarni ◽  
H Masyhadi ◽  
Ali Muhajir
Keyword(s):  
Financial Performance ◽  
Stock Exchange ◽  
Capital Adequacy ◽  
Ratio Method ◽  
Ratio Analysis ◽  
Financial Ratio ◽  
Lower Middle Class ◽  
Financial Ratio Analysis ◽  
Capital Adequacy Ratio ◽  
Better Than

Banks are financial institutions that play an important role in the economy of a country. Therefore, the existence of a healthy bank is very necessary. This study aims to compare the financial performance of Indonesian people's banks (BRI) and Indonesian state banks (BNI) based on financial ratio analysis listed on the Indonesia Stock Exchange for the period 2012-2016. The study uses the CAR (Capital Adequacy Ratio) method in which the ratio shows how far all bank assets that contain risks (credit, participation, securities, bills at other banks) are also financed from the bank's own capital funds in addition to obtaining funds from sources sources outside the bank, such as community funds, loans (debts), etc. ... The results of this study indicate that the CAR ratio in BRI is better than that of BNI banks. This proves that the CAR ratio and financial performance at BRI banks are better than BNI banks. Because it can manage capital as well as possible and accommodate the risk of loss. The results also show that BRI is better known to the lower middle class.

scholarly journals Pengaruh Struktur Modal Berdasarkan Profitabilitas, Pertumbuhan Aset, dan Ukuran Perusahaan pada Perusahaan Manufaktur

2019 ◽  
Vol 1 (4) ◽  
pp. 21-27
Author(s):  
Nita Dwijayanti ◽  
Hamdy Hady ◽  
Elfiswandi
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Descriptive Statistics ◽  
Company Size ◽  
Manufacturing Companies ◽  
Panel Data Regression ◽  
Data Regression ◽  
Asset Growth ◽  
The Right ◽  
Industry Sectors

This study aims to measure the level of influence of profitability, asset growth, and company size on changes in capital structure in manufacturing companies. The method used for sample determination is purposive sampling with analytical methods using descriptive statistics, classic assumption tests and multiple panel data regression. The data tested in the study were 112 companies in the basic and chemical industry sectors, consumer goods, and the textile and garment sub-sector listed on the Indonesia Stock Exchange (IDX). The results showed that partially profitability had a negative and significant effect on capital structure, while asset growth had a positive and significant effect. Then the company must be able to choose the right combination of financing sources in order to be able to produce optimal profits.

Sign in / Sign up

Export Citation Format

Share Document