scholarly journals Kinerja Keuangan PT Waskita Karya (Persero) Tbk

Telaah Bisnis ◽  
2021 ◽  
Vol 21 (2) ◽  
pp. 111
Author(s):  
Muhammad Manar Barmawi
Keyword(s):  
Financial Performance ◽  
Return On Investment ◽  
Total Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
State Owned Enterprise ◽  
Financial Soundness ◽  
Asset Turnover ◽  
Inventory Turnover

This research aims to measure the financial performance of PT. Waskita Karya (Persero) Tbk. The analysis was carried out based on the Decree of the Minister of State Owned Enterprise (SOE) Number:KEP-100/MBU/2002 concerning the Assessment of SOE Soundness Levels. The indicators used to measure the level of financial soundness are the return on equity (ROE), return on investment (ROI), cash ratio, current ratio, collection periods, inventory turnover, total asset turnover and equity to total assets ratio. PT Waskita Karya (Persero) Tbk financial soundness level tended to decline, namely from A (sound) in 2018 and then decreased to BBB (less sound) in 2019.

scholarly journals Determinan Internal Harga Saham Perusahaan Bumn Non Bank yang Terdaftar di Bursa Efek Indonesia

2019 ◽  
Vol 10 (2) ◽  
pp. 124-137
Author(s):  
Endri .
Keyword(s):  
Capital Market ◽  
Stock Prices ◽  
Return On Investment ◽  
Stock Price ◽  
Total Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
The Public ◽  
Asset Turnover ◽  
Inventory Turnover

The capital market is a place for companies to raise capital by offering shares to the public. Fundamental analysis believe that the performance of the company issuing the shares will greatly affect a company's value. By By Keputusan Menteri Badan Usaha Milik Negara Nomor: KEP-100/MBU/2002 has set the terms of the provisions of the company's performance seen over the soundness of State-Owned Enterprises.The results showed (1) Return On Equity (ROE) partially has a positive and significant impact on stock prices, (2) Return on Investment (ROI) partially has a negative and significant impact on stock prices, (3) Cash Ratio partially has a positive and significant impact on stock prices, (4) Current Ratio partially has a positive and significant impact on stock prices, (5) Collection Periods (CP) partially has a negative and significant impact on stock prices, (6) Inventory Turnover (PP) partially has a positive and significant impact on stock prices, (7) Total Asset Turnover (TATO) partially has a negative and significant impact on stock prices, (8) Total Equity against Total Assets (TMS against TA) partially have positive and significant impact on stock prices, and (9) Return on Equity (ROE, Return on Investment (ROI), Cash Ratio, Current Ratio, collecti on Periods (CP), Inventory Turnover (PP), Total Asset Turnover (TATO) and Total Equity Against TA (TA TMS) have a simultaneous effect on on stock price. Keywords: Stock prices, financial performance, data panel regression model, State-Owned Enterprises

scholarly journals Analisis Tingkat Kesehatan Kinerja Keuangan Perusahaan BUMN Bidang Industri Pertahanan (Indhan) Indonesia Periode 2015-2019

2020 ◽  
Vol 1 (1) ◽  
pp. 11-34
Author(s):  
Angga Nugraha ◽  
Tjetjep Djuwarsa ◽  
Ine Mayasari
Keyword(s):  
Financial Performance ◽  
Assessment Tool ◽  
Financial Health ◽  
Current Ratio ◽  
Return On Equity ◽  
A Value ◽  
Asset Turnover ◽  
Inventory Turnover ◽  
Performance Results

This study seeks to describe the quality of financial performance of Indonesian Defense Industry (Indhan) BUMN companies in the 2015-2019 period as measured using a reference standard based on the Decree of the Minister of State-Owned Enterprises (BUMN) Number (KEP-100/MBU/2002). The assessment indicators used as an assessment tool consist of 8 indicators, namely Return on Equity, Return on Investment, cash ratio, current ratio, collection periods, inventory turnover, total asset turnover, and the ratio of total equity to total assets. The results of the study showed varied results. PT Dahana (Persero) obtained a “Sehat AA” level of financial health in 2015-2018 and “Sehat A” in 2019. PT Industri Telekomunikasi Indonesia (Persero) obtained a “Kurang Sehat B” level of financial health in 2015-2016, then in 2017 received a "Kurang Sehat BB" to decrease in 2018 and 2019 to "Tidak Sehat CCC". PT Pindad (Persero) obtained financial performance results with a value of "Kurang Sehat BBB" in 2015-2017, then "Sehat A" in 2018 and decreased in 2019 to "Kurang Sehat BBB”.

scholarly journals KINERJA KEUANGAN PERUSAHAAN SEBELUM DAN SESUDAH AKUISISI PADA PT BUMI SERPONG DAMAI TBK

2018 ◽  
Vol 11 (1) ◽  
pp. 44
Author(s):  
Chandra Jaya Varana ◽  
Ellen Rusliati
Keyword(s):  
Financial Performance ◽  
Financial Statements ◽  
Research Data ◽  
Total Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
Financial Ratio ◽  
Before And After ◽  
Asset Turnover ◽  
Equity Ratio

This research aims to analyze financial performance before and after acquisition of PT Bumi Serpong Damai. Financial performance measured by using financial ratio: Current Ratio (CR), Total Asset Turnover (TATO), Debt Equity Ratio (DER). Methods of analysis using comparative descriptive with paired sample t-test, this research data used are the financial statements of PT Bumi Serpong Damai periodof 2008-2014. The result of this research indicate that there are no differences between the financial perfoermance before and afrter acquisition, as measured by current ratio, total asset turnover, debt equity ratio, and return on equity.

scholarly journals Analisis Laporan Keungan Untuk Menilai Kinerja Keuangan PT. Surya Citra Media Tbk.

2020 ◽  
Vol 3 (2) ◽  
Author(s):  
Fakung Rahman ◽  
R. Chepi Safei Jumhana
Keyword(s):  
Profit Margin ◽  
Total Asset ◽  
Working Capital ◽  
Fixed Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
Asset Turnover ◽  
Inventory Turnover ◽  
Equity Ratio

Walaupun sudah banyak orang yang meneliti tentang kinerja keuangan suatu perusahaan, akan tetapi sangat jarang bahkan mungkin belum ada orang yang meneliti kinerja keuangan perusahaan di bidang industri jasa penyiaran (televisi), maka dari itu penulis tertarik untuk meniliti kinerja keuangan PT. Surya Citra Media Tbk. (SCMA), yang kebetulan perusahaan tersebut sebagai holding dari dua stasiun televisi ternama yaitu PT. Surya Citra Televisi (SCTV) dan PT. Indosiar Visual Mandiri (Indosiar).Adapun tujuan dari penelitian ini adalah untuk mengetahui kinerja keuangan PT. Surya Citra Media Tbk. berdasarkan analisis rasio likuiditas, rentabilitas, aktivitas dan rasio solvabilitas. Fokus dalam penelitian ini adalah kinerja keuangan yang dapat diukur dengan 13 rasio keuangan yaitu Current Ratio, Quick Ratio, Cash Ratio, Total Asset Turnover, Fixed Asset Turnover, Working Capital Turnover, Inventory Turnover, Debt to Equity Ratio, Debt to Asset Ratio, Gross Profit Margin, Return on Asset, dan Return on Equity.

scholarly journals ANALISIS KINERJA KEUANGAN MELALUI RASIO KEUANGAN PADA PT. GUDANG GARAM, Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA

2018 ◽  
Vol 3 (2) ◽  
pp. 9-16
Author(s):  
Cindy Eveline Sitanggang ◽  
Darwin Lie ◽  
Parman Tarigan ◽  
Ady Inrawan
Keyword(s):  
Profit Margin ◽  
Total Asset ◽  
Fixed Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
Total Debt ◽  
Net Profit ◽  
Asset Turnover ◽  
Inventory Turnover ◽  
Equity Ratio

Tujuan penelitian ini adalah: 1) Untuk mengetahui dan menganalisis kinerja keuangan pada PT. Gudang Garam, Tbk bila diukur dengan rasio keuangan dari tahun 2009 sampai dengan tahun 2014. 2) Untuk mengetahui faktor-faktor yang menyebabkan terjadinya penurunan kinerja keuangan PT. Gudang Garam, Tbk dari tahun 2009 sampai dengan tahun 2014.Penelitian ini dilakukan dengan menggunakan data kualitatif dan data kuantitatif. Objek penelitian yang diteliti adalah PT. Gudang Garam, Tbk yang terdaftar di Bursa Efek Indonesia. Sumber data yang digunakan penulis dalam penelitian ini adalah data sekunder yang diperoleh dari website http://www.idx.co.id. Metode pengumpulan data dilakukan dengan menggunakan metode dokumentasi. Pada penelitian ini penulis menggunakan alat analisis antara lain: current ratio, quick ratio, total debt to total asset ratio, total debt to equity ratio, inventory turnover, fixed asset turnover, asset turnover, net profit margin, return on asset dan return on equity. Berdasarkan hasil penelitian, dapat disimpulkan bahwa kinerja keuangan PT. Gudang Garam, Tbk dari tahun 2009 sampai dengan tahun 2014 yang diukur melalui rasio profitabilitas cenderung mengalami penurunan. Penurunan kinerja keuangan disebabkan oleh rasio aktivitas dan rasio solvabilitas (leverage).Hasil penelitian menyarankan sebaiknya PT. Gudang Garam, Tbk tetap melakukan analisis laporan keuangan secara keseluruhan dan rutin, dan juga meningkatkan aktiva lancarnya serta menekan persentase kenaikan hutang perusahaan.

KINERJA KEUANGAN PADA PERUSAHAAN PERTAMBANGAN DI BURSA EFEK INDONESIA

2017 ◽  
Vol 13 (1) ◽  
pp. 46-62
Author(s):  
Aries Veronica
Keyword(s):  
Financial Performance ◽  
Return On Investment ◽  
Stock Price ◽  
Stock Exchange ◽  
Hypothesis Test ◽  
Field Research ◽  
Total Asset ◽  
Current Ratio ◽  
Total Debt ◽  
Equity Ratio

The purpose of this study was to determine financial performance to stock price ofminning industries at Indonesian Stock Exchange . This research is field research withdata collection techniques using documentation that the sample size is as much as 33emitten. To test the effect of the financial performance to stock price used multipleregression analysis techniques and to test research hypotheses, F test and t test.From the results of calculations using SPSS for Windows version 17, showed that: thevalue of R Square (R2) illustrates that the Stock price (Y), can be explained by thefinancial performance amounted to 65.6%, while the rest 34.4%, can be explained byother factors, which are not included in this study. F Hypothesis test results, obtainedvalue of sig. (98,701)>(0.05), this means that there is influence of the current ratio, totalasset turnover , return on investment, and total debt to total asset ratio together againststock price. While the results of hypothesis testing t as follows: 1) sig. (0.000)< (0.05),which means that there is effect current ratio to stock price; 2) sig.(0.004) < (0.05),which means that there is effect debt to equity ratio to stock price; 3) sig.(0.846) >(0.05), which means that there is no effect total asset turnover to stock price; 4)sig.(0.000) (0.05), which means that there is no effect return on investment to stock price,and 5) sig.(0.700)>(0.05), which means that there is no effect total debt to total assetratio to stock price

PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN LQ45 PERIODE 2013-2017

2019 ◽  
Vol 5 (1) ◽  
pp. 1-17
Author(s):  
Nuri Maulana Ikhsan ◽  
Yohanes Rully Dermawan
Keyword(s):  
Stock Prices ◽  
Share Price ◽  
Financial Ratios ◽  
Total Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
Book Value ◽  
Earnings Per Share ◽  
Asset Turnover ◽  
Equity Ratio

This study aims to determine the effect of financial ratios on stock prices. Financial ratios used in this study is the Current Ratio, Debt to Equity Ratio, Return On Equity, Total Asset Turnover, Earning Per Share, and Price to Book Value. The type of research used is quantitative to observe the effect of financial ratios on stock prices. This study used a purposive sampling method with a total sample of 20 companies registered in the LQ45 index for the period 2013-2017 and fulfilling the research criteria. The statistical method used is multiple linear regression analysis The results of this study indicate that partially, the variable debt to equity ratio, return on equity, total asset turnover, earnings per share, and price to book value have a significant partial effect on stock prices, while the current ratio variable does not have a partial significant effect on stock prices. Simultaneously the current ratio variable, debt to equity ratio, return on equity, total asset turnover, earnings per share, and price to book value have a significant simultaneous effect on stock prices. And the most dominant influential variable is earnings per share. Keywords:  Current Ratio, Debt to Equity Ratio, Return On Equity, Total Asset Turnover, Earning Per Share, Price to Book Value, and Stock Price.  

scholarly journals The Analysis of Fundamental Variables and Macro Economic Variables in Predicting Financial Distress

2020 ◽  
Vol 9 (1) ◽  
pp. 81-90
Author(s):  
Siti Nur Kholisoh ◽  
Rina Dwiarti
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Financial Distress ◽  
Rate Sensitivity ◽  
Total Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
Macroeconomic Variables ◽  
Turnover Ratio ◽  
Asset Turnover

Financial distress is a condition where the company is experiencing financial difficulties prior to bankruptcy. This study aims to identify and explain the influence of the fundamental variables and macroeconomic variables in predicting the probability of financial distress. Based on the eight variables used, current ratio, debt to assets ratio, return on equity and total asset turnover ratio is a fundamental variable. While the sensitivity of inflation, exchange rate sensitivity and interest rate sensitivity included in macroeconomic variables. The population in this study are all porperti and real estate company listed on the Stock Exchange in 2014-2018. The sample selection using purposive sampling technique, acquired 23 companies in the sample with the five companies in the category of financial distress and 18 companies in the category of non financial distress. The analytical method used is logistic regression and sensitivity analysis. The results showed that the variable current ratio, debt to assets ratio, total asset turnover ratio, inflation sesnitivity, exchange rate sensitivity and interest rate sensitivity did not significantly affect the probability of financial distress. While return on equity significantly negative influence on the company’s financial distress.

scholarly journals PENGARUH CURRENT RATIO, TOTAL ASSET TURNOVER, RETURN ON EQUITY DAN DEBT TO TOTAL ASSET RATIO TERHADAP HARGA SAHAM PADA INDUSTRI TELEKOMUNIKASI DI BURSA EFEK INDONESIA PERIODE 2008-2012

2018 ◽  
Vol 1 (2) ◽  
pp. 21-29
Author(s):  
Adria Wuri Lastari
Keyword(s):  
Total Asset ◽  
Microsoft Excel ◽  
Current Ratio ◽  
Return On Equity ◽  
Asset Turnover

Penelitian ini dilakukan dengan judul “Pengaruh Current Ratio, Total Asset Turnover, Return On Equity dan Debt To Total Asset Ratio Terhadap Harga Saham  Pada Industri Telekomunikasi di Bursa Efek Indonesia periode 2008-2012”. Adapun tujuan penelitian ini adalah untuk :  1) Untuk menganalisis gambaran perubahan  Current Ratio, Total Asset Turnovel, Return On Equity dan Debt to Total Asset Ratio    dan Harga Saham pada Industri telekomunikasi   di Bursa Efek Indonesia  periode  2008-2012. 2) Untuk mengetahui besarnya pengaruh secara simultan  dan parsial dari variabel Current Ratio, Total Asset Turnover, Return On Equity dan Debt to Total Asset Ratio   terhadap Harga Saham pada Industri telekomunikasi   di Bursa Efek Indonesia  periode  2008-2012. 3) Untuk mengetahui variabel mana yang paling berpengaruh  apakah Current Ratio, Total Asset Turnover, Return On Equity dan Debt to Total Asset Ratio   terhadap Harga Saham pada Industri telekomunikasi   di Bursa Efek Indonesia  periode  2008-2012  . Dengan menggunakan metode purpose sampling, pada penelitian ini terdapat 5 sampel perusahaan yang berasal dari 9 perusahaan Industri Telekomunikasi  di BEI sebagai populasi. Data yang digunakan adalah data sekunder, data diolah dengan menggunakan bantuan program komputer yaitu Microsoft Excel 2007 dan SPSS versi 18.0. CR, TATO, ROE dan DAR secara bersama-sama berpengaruh signifikan terhadap harga saham pada perusahaan industri Telekomunikasi  di BEI. Hal ini menunjukkan bahwa hubungan antara variabel Current Ratio, Total Asset Turnover, Return On Equity dan Debt to Total Asset Ratio dengan harga saham industri  Telekomunikasi   pada BEI periode 2008-2012 adalah sangat kuat, yaitu sebesar 0,625. Nilai koefisien korelasi mendekati angka 1. Variabel yang dominan dalam mempengaruhi harga saham industri Telekomunikasi yang tercatat di BEI adalah Variabel Current Ratio

scholarly journals KINERJA KEUANGAN DAN PERTUMBUHAN LABA ( Studi Empiris : Perusahaan Sub Sektor Properti dan Real Estate yang terdaftar di Bursa Efek Indonesia tahun 2012-2016 )

2019 ◽  
Vol 3 (01) ◽  
Author(s):  
Nor Hanisah ◽  
Kartika Hendra Titisari ◽  
Siti Nurlaela
Keyword(s):  
Real Estate ◽  
Profit Margin ◽  
Total Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Net Profit ◽  
Asset Turnover ◽  
Equity Ratio

Penelitian ini bertujuan untuk mengetahui apakah ada pengaruh variabel independen (CR, DER, DAR, NPM, ROE, ROA, TAT) terhadap variabel dependen (pertumbuhan laba). Jenis penelitian ini adalah penelitian kuantitatif. Penelitian dilakukan pada perusahaan property dan real estate yang terdaftar di BEI dengan jumlah sampel 23 perusahaan dan jangka waktu 5 tahun yaitu pada tahun 2012-2016. Metode pengambilan sampel yaitu menggunakan metode purposive sampling. Metode analisis data yang digunakan dalam penelitian yaitu meliputi statistik deskriptif, uji asumsi klasik (uji normalitas, uji autokorelasi, uji multikolinearitas, dan uji heteroskedasitas), uji hipotesis (analisis regresi linier berganda, uji t, dan analisis koefisien determinasi (R2)). Berdasarkan hasil pengujian secara parsial debt to asset ratio (DAR), net profit margin (NPM), return on equity (ROE), dan total asset turnover (TAT) berpengaruh terhadap pertumbuhan laba perusahaan sedangkan current ratio (CR), debt to equity ratio (DER), dan return on asset (ROA) tidak berpengaruh terhadap pertumbuhan laba perusahaan. Kata Kunci : Likuiditas, Leverage, Profitabilitas, Aktivitas, dan Pertumbuhan Laba.

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