ANALISA PERBANDINGAN LAPORAN KEUANGAN DAN RASIO KEUANGAN SEBAGAI ALAT UKUR KINERJA KEUANGAN PADA KOPERASI KARYAWAN SUCOFINDO (KOPERASI SUCOFINDO JAYA) TAHUN 2009 – 2011

This study aims to determine the financial position and financial performance Cooperative Sucofindo Jaya (KOPSUCOFINDO JAYA) from fiscal year 2009-2011 through a comparative analysis / comparisons and ratio analysis. From the research, the authors obtained a picture that results of the financial position and financial performance of KOPSUCOFINDO JAYA as follows: (1) To Horizontal Analysis of the Balance Sheet shows the overall unfavorable developments as the rise of short-term debt experienced a greater percentage increase than the increase in current assets (2) For Horizontal Analysis of the SHU, SHU in 2010 an increase of 125.38% compared to 2009 and in 2011 increased by 282.47% compared to 2009, but this increase was not followed by a reduction in the burden of cost of goods, especially business and this increase was obtained from the contribution percentage increase in other income. (3) For Vertical Analysis of the Balance Sheet shows that in terms of assets, current assets are assets that make up the largest component but also cause considerable investment value embedded in current assets and also showed asset turnover, receivables turnover and working capital is very low under 1 times. (4) For the SHU Vertical analysis shows that income JAYA KOPSUCOFINDO more than 85% absorbed in the Cost of Goods. (5) For liquidity analysis showed that highly liquid KOPSUCOFINDO JAYA obtain an average value above 400%. (6) For solvency analysis shows that the performance is not good / not solvable because the results of the analysis LITA average of above 95%, Total Debt to Equity Ratio in the top 2.000%, and Net Worth Debt Ratio to average below 4%. (7) For activity ratios indicate that the performance is not good for Turnover of Assets value of 1 times. (8) For the rentability analysis KOPSUCOFINDO JAYA show results for ROA of 0.86% (2009), 1.31% (2010), 1.18% (2011), ROE in 2009 is 14.81%, 26.43% in 2010 and 2011 amounted to 31.11%, for the ROI of 0.56% in 2009, in 2010 was 0.96% and by 0.93% in 2011. (9) For the analysis of profitability, for the analysis of GPM in 2009 amounted to 1.49%, in 2010 of 2.31% and 3.92% in 2011. As for the analysis of NPM in 2009 amounted to 0.97%, in 2010 by 1.70% and by 3.10% in 2011. Keywords: Cooperative Financial Performance, horizontal analysis, vertical analysis, Analysis of Liquidity, Solvency Analysis, Activity Analysis, Profitability Analysis, profitability analysis

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ANALISIS PENGUKURAN KINERJA KEUANGAN PASCA MERGER DAN AKUISISI PADA PERUSAHAAN YANG TERDAFTAR DI BEI

Jurnal Benefita ◽

10.22216/jbe.v2i3.1435 ◽

2017 ◽

Vol 2 (3) ◽

pp. 230

Author(s):

Edi Edi ◽

Sylvia Rusadi

Keyword(s):

Financial Performance ◽

Merger And Acquisition ◽

Significant Decline ◽

T Test ◽

Return On Assets ◽

Current Ratio ◽

Net Worth ◽

Paired Sample ◽

Purposive Sampling ◽

Equity Ratio

This paper examineaneffect of the financial performance of post-merger and acquisition. The financial performance is measured by using ratios, such as return on net worth, return on assets, current ratio, quick ratio, and debt to equity ratio.The samples are firms which did merger and acquisition activity during the years 2003-2011 and that listed on Indonesia Stock Exchange. Data which used in this research is the annual financial report three years before and three years after the mergers and acquisitions by using purposive sampling method. Analysis of the data used to test the hypothesis using paired sample t-test. The results of this study indicate merger firms are having decline performance, debt to equity ratio show significant decline, and other ratios also got decline, though not significant. On the other side, return on net worth and return on assets has significant decline after acquisition, except for current ratio which have insignificant decline after acquisition. Quick ratio and debt to equity ratio has insignificant improvements after acquisition. Artikel ini meneliti pengaruh kinerja keuangan pasca merger dan akuisisi. Kinerja keuangan diukur dengan menggunakan rasio, seperti return on net worth, return on asssets, current ratio, quick ratio, dan debt to equity ratio.Sampel yang digunakan adalah perusahaan yang melakukan aktivitas merger dan akuisisi selama tahun 2003-2011 dan yang terdaftar di Bursa Efek Indonesia. Data yang digunakan dalam penelitian ini adalah laporan keuangan tahunan 3 tahun sebelum dan 3 tahun sesudah merger dan akuisisi dengan menggunakan metode purposive sampling. Analisis data yang digunakan untuk uji hipotesis menggunakan paired sample t-test.Hasil dari penelitian ini menunjukkan bahwa perusahaan merger mengalami penurunan kinerja, debt to equity ratio menunjukkan penurunan yang signifikan, dan rasio lainnya juga mendapat penurunan, meskipun tidak signifikan. Di sisi lain, return on net worth dan return on assets memiliki penurunan yang signifikan setelah akuisisi, kecuali untuk current ratio yang memiliki penurunan yang tidak signifikan setelah akuisisi. Quick ratio dan debt to equity ratio memiliki peningkatan yang tidak signifikan setelah akuisisi.

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CURRENCY DEPRECIATION AND CORPORATE NET WORTH OF LISTED COMPANIES IN INDONESIA

Journal of Management and Business ◽

10.24123/jmb.v7i2.128 ◽

2008 ◽

Vol 7 (2) ◽

Cited By ~ 2

Author(s):

A. Prasetyantoko

Keyword(s):

Panel Data Analysis ◽

Balance Sheet ◽

Listed Companies ◽

Net Worth ◽

Currency Depreciation ◽

Tradable Sector ◽

Equity Ratio ◽

One Year ◽

The Impact ◽

Domestic Companies

This paper is concerned with the impact of currency depreciation during the period of crisis on the corporate net worth of listed companies in Indonesia. The findings can shed light on the corporate “balance sheet effect” of currency crisis. This paper finds that firms with a higher debt-equity ratio have a lower value in market capitalization growth, sales and asset during crisis and in postperiod of crisis. Meanwhile, firms with majority foreign ownership (F) have higher sales during crisis and in one year after crisis than domestic companies (L). Furthermore, firms in tradable sector (T) have higher sales and less debt-equity ratio during crisis and one year after crisis than those in Non-tradable sector (N). This research uses data from Indonesian Stock Exchange’s (IDX) database and ECFFN covering the period of 1994-2004. This empirical research using panel data analysis includes 238 listed companies with at least 5 consecutive years.

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Analisis NPM, ROA, dan ROE dalam Mengukur Kinerja Keuangan

Jurnal STEI Ekonomi ◽

10.36406/jemi.v28i02.254 ◽

2019 ◽

Vol 28 (02) ◽

pp. 254-266

Author(s):

Slamet Heri Winarno

Keyword(s):

Financial Performance ◽

Balance Sheet ◽

Financial Statement ◽

Company Performance ◽

Return On Assets ◽

Return On Equity ◽

Average Ratio ◽

Profitability Analysis ◽

Income Statement ◽

Net Profit

This research aims to determine the financial performance of an expedition company based on company profitability analysis. Indicators of profitability used include the ratio of Net Profit Margin (NPM), Return On Assets (ROA) and Return On Equity (ROE) in 2016 to 2018. Assessment of company performance is done by comparing the rentability ratio with the average ratio Industry and Bank Indonesia standards. The data used are financial statement data that is balance sheet and income statement report for year 2014 until 2016. Result of research indicate that overall rentability performance show good value, but compared with industry average performance of NPM year 2014 show less result Good, while ROA and ROE performance during 2015 and 2016 has not shown satisfactory results because it is below the industry average. Overall financial performance of the company can be said good.

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

ASSET: Jurnal Manajemen dan Bisnis ◽

10.24269/asset.v1i2.2565 ◽

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.

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ANALISIS PERKEMBANGAN KINERJA KEUANGAN PADA PT UNITED TRACTORS TBK

BALANCE Jurnal Akuntansi dan Bisnis ◽

10.32502/jab.v5i2.2882 ◽

2020 ◽

Vol 5 (2) ◽

pp. 156

Author(s):

Asmawati Asmawati

Keyword(s):

Financial Performance ◽

Financial Statements ◽

Profit Margin ◽

Total Asset ◽

Research Subject ◽

Current Ratio ◽

Return On Equity ◽

Profitability Analysis ◽

Net Profit ◽

Equity Ratio

This research purpose to know the development of financial performance at PT United Tractors Tbk 2015 - 2017. PT United Tractor Tbk research subject. The data used data sekunder that the financial statements of PT United Tractors Tbk 2015-2017 . The analysis used Current Ratio (CR), Qui k Ratio (QR) , Debt to total asset ratio (DAR), Debt to equity ratio (DER), Net Profit Margin (NPM), Return on Total Assets ratio (ROA) , Return On Equity (ROE) Ratio . The results of the analysis of the development of PT United Tractors Tbk's financial performance from 2015 - 2017 show that liquidity is included in the liquid category. Solvability Analysis is categorized as solvable while for Profitability analysis with very efficient conditions.

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A Study on the Growth Policies and Profitability of Select Mergers and Acquisitions in India

10.31219/osf.io/ftacr ◽

2020 ◽

Author(s):

A R SINDHU ◽

S. MADHAVAN

Keyword(s):

Mergers And Acquisitions ◽

Financial Performance ◽

Secondary Data ◽

Market Value ◽

Merger And Acquisition ◽

Research Paper ◽

Annual Reports ◽

Foreign Investor ◽

Net Worth ◽

Equity Ratio

The study aims to investigate the growth percentage in Earning per Share, Net worth, Debt equity Ratio and Market value of companies starting from Jan 2014 to March 2014, which is carried out on a sample of 22 companies, who under vent M&A. It is assumed that Merger and Acquisition (M&A) develop the company financial performance, organisational competitiveness and it is an easier way to internationalisation also. 2014 was a year for very strong foreign investor interest in India, while the economic and growth sentiments are enormously positive. The present research paper was based on Secondary data from the CMIE’s Prowess database and Annual Reports of the companies concerned. Finally from the results it is concluded that mergers have a significant change in enhancing the profitability of acquirer companies.

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Analisis Kinerja Keuangan Sebelum dan Sesudah Initial Public Offering (IPO) Pada Perusahaan Non Keuangan di Bursa Efek Indonesia

Paediatrica Indonesiana ◽

10.24036/wra.v6i2.102516 ◽

2018 ◽

Vol 6 (2) ◽

pp. 1347

Author(s):

Arfandi Arfandi ◽

Salma Taqwa

Keyword(s):

Financial Performance ◽

Initial Public Offering ◽

Financial Analysis ◽

Total Asset ◽

Major Influence ◽

Current Ratio ◽

Average Value ◽

Net Profit ◽

Equity Ratio ◽

Public Offering

Deciding for an initial public offering (IPO) has a major influence in improving the company's condition, improving the company's performance, especially in terms of corporate financial performance. This study aims to assess financial performance by viewing and analyzing financial reports, non-financial companies that IPO in 2014 at BEI. Financial analysis uses 6 (six) financial ratios: Return On Investments (ROI), Net Profit Margin (NPM), Total Asset Turn Over (TATO), Current Ratio, Debt to Equity Ratio (DER), and CashFlow Operation Ratio (CashFlow to Sales). Assessment of financial performance by comparing the difference in performance before IPO with post IPO so that the data analysis technique used is paired sample T-test. Based on the results of the analysis found that there are differences in financial performance in the current ratio, and the ratio of total asset turnover (TATO) before and after the IPO, but there is no difference in financial performance measured through return on investment (ROI), net profit magin (NPM ), debt to equity ratio (DER), and cash flow operations ratio. The condition of performance difference in current ratio tends to increase seen from the average value before doing IPO but TATO ratio tends to decrease from before IPO.Keyword: Initial Public Offering (IPO), Financial Performance, Financial Ratio

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Analisis Kinerja Keuangan Pt. Garuda Food Tbk Periode 2017-2019

Jurnal Bisnis, Manajemen, dan Ekonomi ◽

10.47747/jbme.v1i2.15 ◽

2020 ◽

Vol 1 (2) ◽

pp. 11-15

Author(s):

Ina Baiti

Keyword(s):

Financial Performance ◽

Balance Sheet ◽

Financial Statements ◽

Financial Ratios ◽

Return On Equity ◽

Financial Ratio ◽

A Value ◽

Income Statement ◽

Library Studies ◽

Equity Ratio

The purpose of this research is to know the financial performance of PT. Garudafood, Tbk period 2017-2019. The type of research used is associative research. The population in this study is a record of the financial statements of PT. Garudafood, Tbk, period 2017-2019, the sample Bustan in the study was a balance sheet report and a income statement period of 2017-2019. The type of data used in this research is the quantitative data of data obtained from PT. Garudafood, Tbk which in the form of numbers, such as financial statements, data collection techniques conducted are the study of documentation and library studies, then the data obtained is analyzed using three financial ratios namely, liquidity ratio, solvency ratio and profitability ratio. The indicators used in the analysis of financial ratios include current ratio, quick ratio, debt to total assets, debt to equity ratio, net profit margin and return on equity. Next to the Furthermore to measure the company's financial performance level using the financial ratio indicator. Based on the results of the research that has been done that the financial performance of PT. Garudafood, Tbk measured using the liquidity ratio showed an increase over the last 3 years, to the ratio of solvency has not been safe performance because for the last 3 years has a value above 100%, while the ratio of profitability for 3 years has not experienced even increased in the 40 value of So it can be said only the ratio of liquidity increased while the ratio of solvency and profitability ratio still have less good performance.

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Fiscal Report

National Institute Economic Review ◽

10.1177/002795019816300106 ◽

1998 ◽

Vol 163 ◽

pp. 27-36

Author(s):

Garry Young

Keyword(s):

Public Sector ◽

Balance Sheet ◽

Substantial Improvement ◽

Fiscal Year ◽

Tax Burden ◽

Economic Cycle ◽

The Public ◽

The Past ◽

Financial Position ◽

Restrictive Policy

There has been a substantial improvement in the financial position of the public sector over the past year. The PSBR is expected to fall from 3 per cent of GDP in 1996/97 to about 1¼ per cent of GDP in the current fiscal year. The restrictive policy promised over a number of years, together with the effects of the economic cycle, is now having the desired effect. Further action by the new government to raise the tax burden has also improved the outlook for the public finances. Public borrowing is expected to continue to fall and the public sector balance sheet should begin to improve from the start of this year.

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Analysis of Financial Performance Development Based on EVA Approach and Profitability Ratio at Barokah Village Unit Cooperative in Karya Mukti Village, Subdistrict Maro Sebo Ilir

Jurnal Ilmiah Universitas Batanghari Jambi ◽

10.33087/jiubj.v18i2.487 ◽

2018 ◽

Vol 18 (2) ◽

pp. 424

Author(s):

Muryati Muryati ◽

Ahkmadi Ahkmadi

Keyword(s):

Financial Performance ◽

Quantitative Method ◽

Secondary Data ◽

Ratio Analysis ◽

Average Value ◽

Financial Position ◽

Performance Development

The development of financial position had a very important meaning for the company. The important factor to see development of the company was the financial element, because that can evaluate the capability of the company is correct or not. The purpose of this research was to know the development of the financial performance based on EVA approach and profitability ratio at Barokah Village Unit Cooperative in Karya Mukti Village, subdistrict Maro Sebo Ilir. The problem’s formulation from this research was how is the development of the financial performance based on EVA approach and profitability ratio at Barokah Village Unit Cooperative in Karya Mukti Village, subdistrict Maro Sebo Ilir. The type of data used in this research was primary and secondary data from Barokah Village Unit Cooperative in Karya Mukti Village, subdistrict Maro Sebo Ilir. The method of this research was descriptive quantitative method and using EVA and profitability ratio analysis. The result of the research based on EVA approach and profitability ratio was financial performance at Barokah Village Unit Cooperative based on NOPAT/SHU Income, Invested Capital, WACC, Capital Charges and EVA was good. Financial performance based on ROI was not too good and based on ROE was good. Financial performance based on EVA approach have a good average value, but must be kept in order to get a better value. Financial performance based on profitability ratio especially ROI was not good, so it must be improved in order to get a good value.

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