scholarly journals ANALISIS KINERJA PERUSAHAAN BERDASARKAN LAPORAN ARUS KAS PADA PT INDOMOBIL SUKSES INTERNASIONAL TBK

2015 ◽  
Vol 1 (2) ◽  
pp. 63-76
Author(s):  
Arief Tri Hardiyanto ◽  
Stefan Michael Benyamin Bertus
Keyword(s):  
Cash Flow ◽  
Financial Statements ◽  
Cash Flows ◽  
Company Performance ◽  
Financial Condition ◽  
Negative Results ◽  
Cash Flow Statement ◽  
Supporting Device ◽  
Operating Activities

This research discusses the role of the analysis of the cash flow statement as supporting the evaluation of company performance based on cash flow ratio, so that it can be seen in the company's ability to manage cash, either in operating activities, investing activities, and financing activities. The analysis is expected to be useful as a supporting device in the decision making process for users of financial statements for both internal and external parties. Based on the analysis of the cash flow pattern, it can be seen operating activities resulted in net cash the company is negative. Thus the financial condition of PT Indomobil Sukses Internasional Tbk is not good. Cash flows from investing activities yielded negative results, thus the financial condition of PT Indomobil Sukses Internasional Tbk is both a financing cash flow generating net amount of cash flow that is positive. The third explanation pattern of cash flow, it can be concluded that the financial condition of PT Indomobil Sukses Internasional Tbk generally in poor condition. Then, based on the analysis of the cash flow statement, author obtained information that the company has liquidity and solvency levels that are less good. The capital structure of the company has not been sufficiently effective and efficient.Keywords: Analysis of Cash Flow Statement

scholarly journals KREATIVNO FINANSIJSKO IZVEŠTAVANJE O NOVČANIM TOKOVIMA

2017 ◽  
pp. 163
Author(s):  
Aleksandra Arsenijević ◽  
Tadija Đukić
Keyword(s):  
Cash Flow ◽  
Financial Reporting ◽  
Market Value ◽  
Financial Statements ◽  
Cash Flows ◽  
Financial Position ◽  
A Company ◽  
Operating Activities

Financial statements should realistically show financial position, performance, and cash flows of a company. Creative financial reporting represents a deliberate manipulation of information in financial statements in order to create misperceptions on company operations. Creative financial statements are primarily intended for investors, in order to encourage them to purchase company shares and thus increase its market value. Creativity in compiling cash flow statements lies in presentation of operating activities as investing and financing activities, and vice versa.

Pelatihan dan Pendampingan Penyusunan Laporan Arus Kas untuk Pengelola Koperasi di Kecamatan Buleleng

2018 ◽  
Vol 1 ◽  
pp. 189
Author(s):  
I Gusti Ayu Purnamawati ◽  
Gede Adi Yuniarta
Keyword(s):  
Community Service ◽  
Cash Flow ◽  
Service Program ◽  
Financial Condition ◽  
Cooperative Training ◽  
Cash Flow Statement ◽  
Insight Into ◽  
Operating Activities

The objectives of the training and advisory activities are to: (1) Provide insight into the importance of cash flow statements to evaluate the financial condition of the cooperative; (2) Provide training on how to create a cash flow statement, so that the cooperative managers can create a cash flow statement in each cooperative. The form of this community service program is the programmed training and assistance in the preparation of the cash flow statement, which previously presented to the participants about cash flow and the importance of the cash flow statement to evaluate the financial condition of the cooperative. Training and assistance in the preparation of cash flow statements will bring in competent personnel in the field. After the participants understood about how to arrange cash flow, the training and mentoring activities will be continued by making cash flow statement in each cooperative until the cash flow statement is generated, in the end it is expected that the manager of the cooperative can make their own cash flow statement in the cooperative . The results showed that: 90% of cooperative managers have been able to create cash flow statements used to determine the condition of cash cooperative either from operating activities, investment, and funding, because most of the cooperative assets derived from the existing cash.

scholarly journals The impact of cash flow statement components on stock volatility: Evidence from Qatar

2021 ◽  
Vol 18 (2) ◽  
pp. 365-373
Author(s):  
Mo’taz Kamel Al Zobi ◽  
Othman Hel Al-Dhaimesh
Keyword(s):  
Stock Returns ◽  
Cash Flow ◽  
Stock Prices ◽  
Financial Statements ◽  
Cash Flows ◽  
Significant Information ◽  
Stock Volatility ◽  
Study Results ◽  
Cash Flow Statement ◽  
The Impact

The published financial statements are considered one of the most important sources of information that investors rely on in forecasting stock performance or even judging the organization’s ability to cover short-run liabilities. Cash flows play a core role in maintaining a high market value for its shares. Hence, this study came to analyze the explanatory value of the cash flow statement in explaining stock volatility (SV) in the Qatar financial market. Study data were collected using published financial statements from a sample of 44 Qatari-listed companies throughout 2013–2019. A panel cross-sectional data technique using the E-views program was used to analyze the data. The study results show there is a positive and significant impact of cash flows from operating CFO activities on SV, indicating that the higher change in CFO increases stock volatility. This means that operating cash flows give significant information to investors, and it is reflected in the stock price movements directly. Also, the cash flow from CFF financing activities has a positive and significant effect on SV. This means that CFF affects stock prices, causing greater changes and fluctuation in stock returns. This is because one of the major components of CFF is dividends, which affect directly stock prices and stock returns. In contrast, there is an insignificant effect of CFI on SV, which may indicate that investors do not build their investment decisions based on CFI. Accordingly, the cash flow from investing activities failed to explain the stock volatility of the listed Qatari companies.

scholarly journals Analisis Arus Kas (Studi Empiris Pada PT. Indosat Tbk)

2020 ◽  
Vol 11 (3) ◽  
pp. 237-252
Author(s):  
Risa Ratna Gumilang
Keyword(s):  
Comparative Analysis ◽  
Trend Analysis ◽  
Cash Flow ◽  
Component Analysis ◽  
Cash Flows ◽  
Ratio Analysis ◽  
Flow Ratio ◽  
Flow Conditions ◽  
Cash Flow Statement ◽  
Operating Activities

The cash flow statement is a report that shows the flow of cash or cash that is in the company. The cash statement consists of cash inflows such as proceeds from receipts or sales and cash outflows which consist of expenses such as payment of expenses and expenses. The purpose of this study was to determine the ability of PT. Indosat Tbk. in managing cash flow, especially in determining the projected investment made, based on the cash flow conditions of PT. Indosat Tbk in the period 2016-2018. The results of this study indicate that the comparative analysis of cash flow statements on total cash and cash equivalents, cash flow at the end of the period during the 2016-2018 period shows a percentage of -48.93%, 4.10%, -45.75%, for three consecutive years, and on Trend analysis is at PT. Indosat Tbk. shows the percentage figures of 51.07%, 104.10%, 54.25% for three consecutive years in the 2016-2018 period. Per component analysis shows that cash inflows and outflows are dominated by cash flows from operating activities with a tendency that cash inflows decrease while cash outflows increase. In a special cash flow ratio analysis shows that the cash flow adequacy ratio of PT. Indosat Tbk, shows a figure of 1.57 and a reinvestment ratio which shows a ratio of 25.65% which means that PT. Indosat Tbk is quite good at meeting the company's cash needs.

PELUANG KESULITAN KEUANGAN PADA PERUSAHAAN GO PUBLIK YANG TERCATAT DI BURSA EFEK INDONESIA

2019 ◽  
Vol 15 (1) ◽  
pp. 55
Author(s):  
Paula Novena Setio
Keyword(s):  
Cash Flow ◽  
Stock Exchange ◽  
Financial Statements ◽  
Cash Flows ◽  
Free Cash Flow ◽  
Total Asset ◽  
Net Income ◽  
Financial Condition ◽  
Financial Difficulties ◽  
Asset Turnover

This study aimed to examine the chances of financial difficulties at the company went public in Indonesia and listed on the Indonesia Stock Exchange (BEI). Financial difficulties chances have been found among unwell financial condition companies. The factors tested in this study is the condition of the company's financial statements are summarized in several variables such as cash flow, free cash flow, total asset turnover, liquidity, ROE, debt, age of the company, and the size of the company. Samples were 65 non-bank companies that go public and listed on the Indonesia Stock Exchange in 2009-2014. A total of 35 companies that have no chance of financial difficulties and the 30 companies that have a chance of financial difficulties. Where the measurement is done by means of selecting the financial statements, the financial statements are experiencing net income negatively in three consecutive years for companies that have a chance of financial difficulties and the financial statements are experiencing positive earnings were stable and even increased for three consecutive years Similarly, for companies that have no chance of financial difficulties. The results showed that the cash flows are measured as if dealing with the failure of non-bank company in Indonesia, and has a significant impact in predicting financial difficulties and significant opportunities. Keywords: cash flow, free cash flow, total asset turnover, liquidity, ROE, debt, age of the company, company size, and the chances of financial difficulties. ABSTRAK Penelitian ini bertujuan untuk menguji peluang kesulitan keuangan pada perusahaan go publik di Indonesia dan tercatat pada Bursa Efek Indonesia (BEI). Ditemukan peluang kesulian keuangan pada perusahaan yang memiliki kondisi keuangan yang buruk. Adapun faktor-faktor yang diuji dalam penelitian ini adalah kondisi laporan keuangan perusahaan yang dirangkum dalam beberapa variabel seperti arus kas, arus kas bebas, perputaran total aset, likuiditas, ROE, hutang, usia perusahaan, dan ukuran perusahaan. Sampel penelitian adalah 65 perusahaan non bank yang go publik dan terdaftar di Bursa Efek Indonesia pada periode 2009-2014. Sebanyak 35 perusahaan yang tidak memiliki peluang kesulitan keuangan dan 30 perusahaan yang memiliki peluang kesulitan keuangan. Dimana pengukuran ini dilakukan dengan cara penyeleksian laporan keuangan, yaitu laporan keuangan yang mengalami laba bersih negatif secara tiga tahun berturut-turut untuk perusahaan yang memiliki peluang kesulitan keuangan dan laporan keuangan yang mengalami laba positif yang stabil dan bahkan mengalami peningkatan selama tiga tahun berturut-turut pula untuk perusahaan yang tidak memiliki peluang kesulitan keuangan. Hasil penelitian menunjukkan bahwa aliran kas yang diukur seolah-olah berhubungan dengan kegagalan perusahaan non bank di Indonesia, dan memiliki dampak yang berarti dalam memprediksi peluang kesulitan keuangan dan signifikan. Kata kunci: arus kas, arus kas bebas, perputaran total aset, likuiditas, ROE, hutang, usia perusahaan, ukuran perusahaan, dan peluang kesulitan keuangan.

Minority Interest in the Consolidated Retained Earnings Statement

2001 ◽  
Vol 15 (2) ◽  
pp. 119-146 ◽  
Author(s):  
Hugo Nurnberg
Keyword(s):  
Cash Flow ◽  
Balance Sheet ◽  
Financial Statements ◽  
Cash Flows ◽  
Parent Company ◽  
Consolidated Financial Statements ◽  
Entity Theory ◽  
Income Statement ◽  
Cash Flow Statement ◽  
Retained Earnings

Consolidated financial statements purport to report income, financial position, and cash flows of a parent company and its subsidiaries as if the group were a single company with one or more branches or divisions. Under the parent company theory, the consolidated entity perspective assumed in the consolidated income statement, the consolidated balance sheet, and the consolidated retained earnings statement differs from the consolidated entity perspective assumed in the consolidated cash flow statement. Even under extant expositions of the entity theory, the consolidated entity perspective assumed in the consolidated income statement, the consolidated balance sheet, and the consolidated cash flow statement differs from the consolidated entity perspective assumed in the consolidated retained earnings statement. This paper develops a consistent consolidated entity perspective for all four consolidated financial statements. It demonstrates that under the entity theory, consolidated retained earnings includes the separate equities of both the parent company stockholders and the minority interest. As such, both elements of retained earnings should be reported in the consolidated retained earnings statement to make it comparable to the consolidated retained earnings statement of companies without subsidiaries or with only wholly owned subsidiaries. The effect on certain financial ratios of public companies may be substantial. The paper also demonstrates that for purchased subsidiaries, minority interest in consolidated retained earnings includes unamortized write-ups of identifiable net assets and goodwill arising from purchase-type business combinations.

scholarly journals ANALISIS PENGARUH ARUS KAS OPERASI DAN LABA AKUNTANSI TERHADAP RETURN SAHAM PERUSAHAAN PERAIH INVESTMENT AWARD (BEST ISSUERS) DI BURSA EFEK INDONESIA

2018 ◽  
Vol 7 (2) ◽  
pp. 29-44
Author(s):  
Ika Neni Kristanti
Keyword(s):  
Stock Returns ◽  
Cash Flow ◽  
Stock Return ◽  
Stock Exchange ◽  
Secondary Data ◽  
Financial Statements ◽  
Cash Flows ◽  
Company Performance ◽  
Operating Cash Flows ◽  
Operating Cash Flow

Investors in investing always expect high stock returns. Therefore, investors should be able to assess which companies have good performance, so the stock return is also high. The financial statements, particularly those relating to information on changes in operating cash flows and corporate accounting profit, are one of the important information that can be used by investors to assess company performance. This study aims to provide empirical evidence related to the effect of operating cash flow and accounting earnings on stock returns. The data in this study is secondary data obtained from the company's annual financial statements in Indonesia Capital Market Directory (ICMD) and Indonesia Stock Exchange (IDX). This study was conducted using the company population of the company winning the investment award (best issues) 2017 listed on the Indonesia Stock Exchange in 2015 and 2016. The result of this research is partially variable of operating cash flow (AKO) have positive and significant effect to stock return, while partially, variable of accountancy profit (LAK) have no effect to stock return and simultaneously variable operating cash flow (AKO) and change of accountancy profit (LAK) jointly have a significant effect on stock returns in the company's winning investment award (best issues) 2017 listed on the Indonesia Stock Exchange in 2015 and 2016. Keywords: Operating Cash Flow, Accounting Profit, and Stock Return

scholarly journals THE SYSTEM OF FORMATION AND EVALUATION OF THE INFORMATION OF CASH FLOWS

2006 ◽  
Vol 7 (4) ◽  
pp. 171-182 ◽  
Author(s):  
Jonas Mackevičius ◽  
Kastytis Senkus
Keyword(s):  
Cash Flow ◽  
Cash Flows ◽  
Financial Investment ◽  
Financial Condition ◽  
Time Out ◽  
Cash Flow Forecasting ◽  
Cash Flow Statement ◽  
Cash Flow Forecast ◽  
Principal Elements

A very urgent problem of formation of cash flows in conditions of the competitive market is considered in the present article. Cash flows are defined as the inflows and outflows of cash and cash equivalents, created within a certain period of time out of the operating, financial, investment and extraordinary activities of the company. Examples of cash flows out of the operating, financial and investment activities of the company are adduced. The system of formation and evaluation of the information about cash flows is created. Its principal elements are as follows: cash flow accounting, classification of cash flows, issuing of the cash flow statement, control and analysis of cash flows, cash flow forecasting. The methods of analysis of cash flows are created, i.e. the horizontal analysis of the cash flow statement; the vertical analysis of the cash flow statement; the analysis of financial ratios of the cash flow statement; preparation of the cash flow forecast. Practical application of the system of formation and evaluation of the information about cash flows would help the company managers to take various management decisions on evaluation of the company's financial condition and its activity results better, quicker and more precisely.

Tax-Exempt Organizations and Nonarticulation: Estimates Are No Substitute for Disclosure of Cash Provided by Operations

2008 ◽  
Vol 22 (2) ◽  
pp. 133-158 ◽  
Author(s):  
Mary Fischer ◽  
Teresa P. Gordon ◽  
Saleha B. Khumawala
Keyword(s):  
Cash Flow ◽  
Balance Sheet ◽  
Financial Statements ◽  
Cash Flows ◽  
Accurate Estimate ◽  
Easy Access ◽  
For Profit ◽  
Tax Exempt ◽  
Business Entities ◽  
Operating Activities

SYNOPSIS: Not-for-profit entities’ audited financial statements are considered proprietary information, but the World Wide Web provides easy access to financial information from Form 990, the information return filed annually with the Internal Revenue Service. However, Form 990 return does not include potentially useful information for donors, creditors, and regulators such as cash provided by operating activities. Because of articulation of financial statements inherent with the double-entry system, it is theoretically possible to derive operating cash flows from revenues, expenses, and balance sheet accounts that are included on the return. The objective of this study is to determine whether cash from operations can be accurately calculated from Form 990 data. Our analysis includes both simple and more elaborate formulas because complexity may reduce potential usefulness even if accuracy increases. Using 254 observations from two industry groups (higher education and conservation/environmental protection), we compare five formulas. The mean absolute percentage errors of our computations were extremely large for all formulas. Even the formula with the smallest errors produced an amount for cash from operations that was correlated with the actual number for only one of the two industries. The paper also describes articulation problems encountered when a small subsample was examined in more detail. As with similar studies of business entities, it appears that an accurate estimate of cash flow from operating activities cannot be derived from the other financial statements. Therefore, based on the results of this study we recommend that Form 990 should be revised to include selected information from the cash flow statement.

Cash Flows at Amazon.com

2012 ◽  
Vol 28 (2) ◽  
pp. 353-374 ◽  
Author(s):  
Richard A. Price III
Keyword(s):  
Cash Flow ◽  
Initial Public Offering ◽  
Direct Method ◽  
Financial Statements ◽  
Cash Flows ◽  
The Other ◽  
Cash Flow Statement ◽  
Public Offering ◽  
A Direct Method ◽  
Over Time

ABSTRACT: This instructional case illustrates how Amazon.com's strategy has evolved over time and how these characteristics are reflected in the financial statements. A particular emphasis is placed on the cash flow statement. Students evaluate the cash flow statement and examine its articulation with the other financial statements. Students create a direct method cash flow statement in the year of Amazon.com's initial public offering using the information available in the financial statements.

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