Analisis Kinerja Keuangan Perusahaan pada  PT. Japfa Comfeed Indonesia Tbk

Financial performance is an overview of how a company's financial condition is. To assess financial performance is used with a benchmark commonly called financial ratios. Financial ratios used are usually such as profitability ratio, liquidity ratio and solvency ratio. in addition to using financial ratios, the company can also use the Altman Z-Score method to assess the level of the company's bankruptcy prediction. This research aims to find out the financial performance of PT Japfa Comfeed Indonesia Tbk as well as the company's future bankruptcy predictions. the research method used is quantitative analysis based on secondary data taken from the Financial Statements of PT Japfa Comfeed Indonesia Tbk for the period 2014 to 2019. The results of the study are measurements of the company's financial ratio showing sufficient value while measurements using the company's Altman Z-Score method show healthy value which means it does not go into bankruptcy.

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Analisis Rasio Likuiditas, Solvabilitas, dan Profitabilitas Untuk Mengukur Kinerja Keuangan Pada PT Martina Berto Tbk Periode 2014-2018

Jurnal Riset Bisnis dan Investasi ◽

10.35313/jrbi.v7i2.2301 ◽

2021 ◽

Vol 7 (2) ◽

pp. 69-79

Author(s):

Nida Auliana Umami ◽

Ayu Febriyanti Safitri

Keyword(s):

Financial Performance ◽

Financial Statements ◽

Financial Statement ◽

Financial Ratios ◽

Financial Condition ◽

Industry Standard ◽

Equity Ratio ◽

Solvency Ratio ◽

Profitability Ratios ◽

Descriptive Method

Financial statement analysis is one way to find out the condition of the company, financial ratios are one of the tools used to analyze financial statements. The purpose of this study is to determine the financial condition through the analysis of liquidity ratios, solvency, and profitability as well as the constraints that occur in financial performance and solutions made by the company. The method used in this research is descriptive method. The data was studied in the form of financial statements of PT. Martina Berto Tbk for 2014-2018. Based on the results, it can be concluded that the liquidity ratio is healthy because the current, fast, and INWC ratio is above the industry standard. The solvency ratio is healthy because the debt to equity ratio and LTDtER are above the standard. While the profitability ratios are declared unhealthy because the ratios of NPM, ROA, and ROE are below the standard.

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Evaluasi Atas Kinerja Keuangan PT. Kereta Api Indonesia (Persero) Periode 2003-2008 Dengan Menggunakan Metode Analisis Rasio Keuangan Sistem DU-PONT

Warta Penelitian Perhubungan ◽

10.25104/warlit.v23i2.1057 ◽

2019 ◽

Vol 23 (2) ◽

pp. 136

Author(s):

Mahpud Sujai

Keyword(s):

Literature Review ◽

Qualitative Methods ◽

Financial Performance ◽

Cost Efficiency ◽

Secondary Data ◽

Financial Statements ◽

Financial Ratios ◽

Financial Condition ◽

Efficiency Increase ◽

Corporate Profits

This study aims to elaborate the financial ratios and assessing the financial performance of PT. Kereta Api Indonesia (Persero) during the period of 2003 through 2008 so it can be used to project the future financial condition. This study is a literature review and using qualitative methods to explore ways of collecting information through data in various types, mainly secondary data which is the financial statements of the PT. KAI. Analysis of financial statements used as a basis for assessing the performance of the financial statements is the Du-Pont methods of analysis. Based on the analysis conducted, results showed that from seven indicators were analyzed, only one indicator shows that the cbmpany' s financial performance improves. Meanwhile six other indicators shaw a deteriorating corporate performance. Because the financial performance of PT. KAI is still unsatisfied, PT.KAI must improve its financial performance by increasing sales, cost efficiency, increase corporate profits and seek new breakthroughs in improving corporate performance.Keywords: Financial Statements Analysis, Du-Pont System and PT. KAI (Persero)

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Kinerja Keuangan Dan Potensi Kebangkrutan Dari Perusahaan Transportasi Pelayaran Pada Tahun 2013-2017

Jurnal Manajemen Bisnis dan Kewirausahaan ◽

10.24912/jmbk.v2i6.4913 ◽

2019 ◽

Vol 2 (6) ◽

Author(s):

Aditya Budi Kurniawan Dan Carunia Mulya Firdausy

Keyword(s):

Financial Performance ◽

Financial Distress ◽

Stock Exchange ◽

Commodity Prices ◽

Bankruptcy Prediction ◽

Z Score ◽

Financial Ratio ◽

Grey Area ◽

Score Method

The purpose of this study is to analyze the financial performance and potential bankruptcy of shipping transportation companies listed in the Indonesia Stock Exchange in 2013-2017. the method to estimate financial performance and bankruptcy prediction is by using financial ratio & Altman Z-Score method. The results show that the majority of companies indicating there is a signs of improving financial performance when commodity prices begin to recover. In addition to the analysis of the Altman Z-score bankruptcy Based on the Z-score value of the 14 sample companies, in 2013 there were 5 companies in the healthy category (z-score> 2.60), however in 2016 this number decreased to 3 companies . Whereas for companies that are in the grey area category (z-score 1.1-2.60) in 2013 there were 4 companies and then declined to the remaining 3 companies in 2016. Whereas in 2013 company is in the category of financial distress (z-score <1 , 1) there are 5 companies and increased to 8 companies in 2016. In 2017 there was an increase in the companies in the healthy category & grey area each into 4 companies. While companies in the financial distress category are reduced to 6 companies. This means there are improvements in 2017.

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Analisis Rasio Kinerja Keuangan Pada PT. Bank SULUTGO

JURNAL ADMINISTRASI BISNIS ◽

10.35797/jab.9.2.2019.23897.19-27 ◽

2019 ◽

Vol 9 (2) ◽

pp. 19

Author(s):

Scarlet E. Rawung ◽

Joula J. Rogahang ◽

Joanne V. Mangindaan

Keyword(s):

Financial Performance ◽

Secondary Data ◽

Financial Statements ◽

Financial Ratios ◽

Financial Reports ◽

Financial Ratio

Research on using to find out and analyze financial performance at PT Bank-PLACES to GO. In this current era increasingly many companies appear and also being so tight, so from that company (bank) earnings should improve in order to be able to compete. The focus in this study is on the financial statements of the year 2015, 2016, and 2017, with financial ratios i.e. ratio of profitability, liquidity ratios, and ratios of the banking capital. While the source of the data used in this research is secondary data in the form of banking financial reports document from the year 2015 to 2017 are on acquire from webside https://www.banksulutgo.co.id . Results of the study showed a ratio of profitability have good financial kenerja, capital ratio and likuditas ratio also has a good financial performance, though in year 2015 to 2017 rising and decline but the financial performance the bank achieve not FLAMMABLE under standard BI BI standards but so can still in good financial ratio tells me. Therefore, PT. Bank SULUTGO should further improve the financial performance of a maximum in the next year.

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ANALISIS LAPORAN KEUANGAN DALAM MENGUKUR KINERJA KEUANGAN PADA PT. BERKAH SUKSES ALKES KOTA BANJARMASIN

KINDAI ◽

10.35972/kindai.v16i3.587 ◽

2021 ◽

Vol 16 (3) ◽

pp. 460-472

Author(s):

Ade Reni Savitri

Keyword(s):

Financial Performance ◽

Descriptive Analysis ◽

Balance Sheet ◽

Financial Statements ◽

Financial Ratios ◽

Financial Ratio ◽

Financial Condition ◽

Operating Profit ◽

Business Efficiency ◽

Operational Activities

Abstrak: Tujuan dari penelitian ini adalah untuk mengetahui analisis Laporan Keuangan Dalam Mengukur Kinerja Keuangan Pada PT Berkah Sukses Alkes Kota Banjarmasin dan untuk mengetahui kinerja keuangan pada PT. Berkah Sukses Alkes kota Banjarmasin, Metode yang digunakan adalah analisis deskriptif untuk menganalisis data dengan cara mendeskripsikan dan mengklasifikasikan data yang diperoleh dari PT. Berkah Sukses Alkes Kota Banjarmasin yaitu laporan Keuangan neraca dan laba rugi kemudian menganalisis data tersebut menggunakan analisis rasio keuangan, Hasil Penelitian menunjukkan bahwa diketahui laporan keuangan perusahaan menunjukan kondisi keuangan yang baik karena perusahaan mampu membayar kewajiban jangka pendek yang segera jatuh tempo kepada pihak – pihak distributor maupun untuk kegiatan operasional perusahaan dengan menggunakan aset atau kekayaan yang dimiliki perusahaan. Meskipun dalam perhitungan rasio debt to equit dan total nilai rasio perputaran persediaan masih berada dibawah nilai standar rasio keuangan yang diakibatkan over stok persediaan pada tahun 2019, namun perusahaan mampu mempertahankan tingkat keuntungan perusahaan dengan meningkatkan nilai penjualan dan juga mencatatkan pertumbuhan laba usaha dan laba bersih yang sangat baikKata Kunci : Laporan Keuangan, Rasio Keuangan : Likuiditas, Solvabilitas, Aktivitas, Profitabilitas, Permodalan dan Efisiensi Usaha, Kinerja KeuanganABSTRAC : The purpose of this research is to know the analysis of financial statements in measuring financial performance at PT. Berkah Sukses Alkes Banjarmasin and to find out the financial performance at PT. Berkah Sukses Alkes Banjarmasin.The method used is descriptive analysis to analyze data by describing and classifying the data obtained from PT. Berkah Sukses Alkes Banjarmasin, namely the balance sheet and profit and loss financial statements then analyzed the data using financial ratio analysis.The results show that it is known that the company's financial statements show a good financial condition because the company is able to pay short-term obligations that are due immediately to distributors as well as for the company's operational activities by using assets or assets owned by the company. Even though the calculation of the debt to equit ratio and the total value of the inventory turnover ratio were still below the standard value of financial ratios due to over-stock of inventories in 2019, the company was able to maintain the company's profit level by increasing sales value and also recording growth in operating profit and net profit. very good.Keywords : Financial Statements, Financial Ratios: Liquidity, Solvency, Activity, Profitability, Capital, Business Efficiency, Financial Performance

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Analisis Perbandingan Model Prediksi Kebangkrutan Altman Z-Score dan Zmijewski di BEI Periode 2011 - 2015

e-Journal Ekonomi Bisnis dan Akuntansi ◽

10.19184/ejeba.v6i2.11165 ◽

2019 ◽

Vol 6 (2) ◽

pp. 171

Author(s):

Nindya Ayu Damayanti ◽

N. Nurhayati ◽

Susanti Prasetyaningtyas

Keyword(s):

Data Analysis ◽

Prediction Model ◽

Stock Exchange ◽

Secondary Data ◽

Financial Statements ◽

Bankruptcy Prediction ◽

Financial Ratios ◽

Z Score ◽

Study Population ◽

A Company

This study aimed to compare the use of bankruptcy prediction model Altman Z-Score and Zmijewski on delisting companies on the Stock Exchange the period 2011 - 2015. The study population is a company delisting from the Stock Exchange in the period 2011-2015. The sample consists of 7 companies using method. purposive sampling Secondary data used in the form of financial statements of companies that issued from stock for bankruptcy in the period 2011-2015. The data analysis in this research is to perform the calculation of financial ratios in each sample, according to the variables of bankruptcy prediction model were compared to the model of Altman Z-Score and Zmijewski. Furthermore, the company classifies conditions appropriate point cut-off of each model and did calculations the accuracy of each model. Keywords: Altman Z-Score, Delisting, Bankruptcy, Zmijewski.

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ANALISIS PREDIKSI POTENSI KEBANGKRUTAN PADA PT BANK MUAMALAT INDONESIA Tbk PERIODE 2012-2016 DENGAN MENGGUNAKAN METODE ALTMAN MODIFIKASI

el-jizya Jurnal Ekonomi Islam ◽

10.24090/ej.v5i2.1884 ◽

2017 ◽

Vol 5 (2) ◽

pp. 287-324

Author(s):

Dewi Laela Hilyatin

Keyword(s):

Financial Performance ◽

Financial Structure ◽

Financial Statements ◽

Financial Ratios ◽

Z Score ◽

Altman Analysis ◽

Gray Area ◽

Modification Method ◽

A Company

Abstract Bankruptcy is a very essential issue that every company should be aware of. Bankruptcy of a company can be minimized by advanced prediction; such as analyzing the financial statements. This study discusses the financial performance of PT Bank Muamalat Indonesia Tbk, which indicates that there is a degression in some number of financial ratios, the closing of offices and firing of employees in 2012-2016, causing he fact that BMI must pay attention and improve its financial performance and anticipate the existence of a bankruptcy in the company. Based on Altman analysis modification for financial performance of PT Bank Muamalat Indonesia Tbk in 2012-2016, it found Z-Score value of 0,825, 0,659, 1,243, 0,982 and 0,892. Based on Z-Score criteria, PT Bank Muamalat Indonesia Tbk is predicted to experience problems in management and financial structure and also in potentially bankruptcy due to Z-Score value <1,1 while the highest Z-Score value is in 2014, which shows the value of Z-Score>1,1 and <2,6, which means the company is in the gray area, meaning the company’s category is not said to be bankrupt and also not healthy. Keywords: Bankruptcy, Altman Modification Method

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Is it Worth Comparing Different Bankruptcy Models?

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis ◽

10.11118/actaun201563020525 ◽

2015 ◽

Vol 63 (2) ◽

pp. 525-531 ◽

Cited By ~ 2

Author(s):

Miroslava Dolejšová

Keyword(s):

Financial Performance ◽

Financial Statements ◽

T Test ◽

Small Enterprises ◽

Z Score ◽

Statistical Data Analysis ◽

Financial Condition ◽

Score Model ◽

The One ◽

Paired T Test

The aim of this paper is to compare the performance of small enterprises in the Zlín and Olomouc Regions. These enterprises were assessed using the Altman Z-Score model, the IN05 model, the Zmijewski model and the Springate model. The batch selected for this analysis included 16 enterprises from the Zlín Region and 16 enterprises from the Olomouc Region. Financial statements subjected to the analysis are from 2006 and 2010. The statistical data analysis was performed using the one-sample z-test for proportions and the paired t-test. The outcomes of the evaluation run using the Altman Z-Score model, the IN05 model and the Springate model revealed the enterprises to be financially sound, but the Zmijewski model identified them as being insolvent. The one-sample z-test for proportions confirmed that at least 80% of these enterprises show a sound financial condition. A comparison of all models has emphasized the substantial difference produced by the Zmijewski model. The paired t-test showed that the financial performance of small enterprises had remained the same during the years involved. It is recommended that small enterprises assess their financial performance using two different bankruptcy models. They may wish to combine the Zmijewski model with any bankruptcy model (the Altman Z-Score model, the IN05 model or the Springate model) to ensure a proper method of analysis.

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ANALISIS RASIO KEUANGAN UNTUK MENILAI KINERJA KEUANGAN PADA PT. MANDOM Tbk TAHUN 2016-2020

Jurnal Akuntansi dan Keuangan ◽

10.23960/jak.v26i2.289 ◽

2021 ◽

Vol 26 (2) ◽

pp. 22-33

Author(s):

Wulan Damayanti ◽

Ari Nurul Fatimah

Keyword(s):

Financial Performance ◽

Stock Exchange ◽

Good Condition ◽

Secondary Data ◽

Financial Statements ◽

Ratio Analysis ◽

Fixed Asset ◽

Solvency Ratio ◽

Profitability Ratios ◽

Research Analysis

This study analyzes the financial performance of PT Mandom Tbk. This study aims to determine how the financial performance of PT Mandom Tbk during the 2015 - 2020 reporting year. The data and information used in this study were obtained from the Indonesia Stock Exchange. The test is carried out based on four categories of financial ratios, namely, Profitability Ratios, Liquidity Ratios, Solvency Ratios, and Activity Ratios. The study was conducted using a descriptive quantitative approach and the data is secondary data in the form of financial statements of income and statements of financial position obtained from the Indonesia Stock Exchange (IDX). Based on the results of research analysis using the profitability ratios of the company's financial performance, the condition is not good. Based on the liquidity ratio analysis, the company's financial performance shows a good condition. Based on the analysis of the solvency ratio, the company's financial performance shows a good condition. Based on the activity ratio analysis of the company's financial performance, it shows good conditions for receivable activities and not good for inventory activities and fixed asset activities.

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RASIO KEUANGAN UNTUK MENGUKUR KINERJA PERUSAHAAN TELEKOMUNIKASI YANG TERDAFTAR DI BURSA EFEK INDONESIA PADA TAHUN 2017-2019

JURNAL ILMIAH EDUNOMIKA ◽

10.29040/jie.v5i1.1999 ◽

2021 ◽

Vol 5 (1) ◽

Author(s):

Arniyatun Febi Hastuti ◽

Istiatin Istiatin ◽

Fithri Setya Marwati

Keyword(s):

Financial Performance ◽

Quantitative Research ◽

Stock Exchange ◽

Good Condition ◽

Secondary Data ◽

Poor Performance ◽

Business World ◽

Financial Ratio ◽

Financial Ratio Analysis ◽

Solvency Ratio

Competition in the business world is increasingly competitive, so that companies are required to be able to control business activities better than competing companies. The purpose of this study is to determine the financial performance of telecommunications companies listed on the Indonesia Stock Exchange in terms of financial ratio analysis. The financial ratios used are liquidity ratios, solvability ratio, and profitability ratio. This type of research is qualitative and quantitative research. The research data used is secondary data obtained from the Indonesia Stock Exchange. The results of this study can be seen from the calculation of the liquidity ratio, solvency ratio, and profitability ratio at PT Indosat Tbk, PT XL Axiata Tbk, and PT Smartfren Tbk from 2017-2019 showing poor performance, while the solvency ratio and Net Profit Margin at PT Telekomunikasi Indonesia Tbk is already in good condition. Keywords: Financial Performance; Liquidity; Solvability; Profitability.

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