scholarly journals ANALISIS KINERJA PT MATAHARI DEPARTMENT STORETBK PASKA DIMULAINYA PANDEMI COVID-19

2021 ◽  
Vol 6 (1) ◽  
pp. 37-43
Author(s):  
Sunaryono Sunaryono
Keyword(s):  
Financial Performance ◽  
System Analysis ◽  
Department Store ◽  
Financial Statements ◽  
Return On Assets ◽  
Current Ratio ◽  
Before And After ◽  
Period Data ◽  
Collection Period ◽  
Turn Over

This research aims to determine the financial performance of PT Matahari Department Store Tbk before and after the Covid-19 pandemic was started so that it can be observed the increase or decrease after the Covid-19 pandemic was started. The data used are the financial statements of the posted-Pandemi Covid-19 of PT Matahari Department Store Tbk before the covid-19pandemicwas started in the January-December 2019 and after the covid-19 pandemic was started in the January - December 2020 period. Data analysis using Du Pont System Analysis. The results showed an increase in the financial ratios before the covid-19 pandemic started and after the covid-19 pandemic started. This is indicated by the achievement of an increase in the percentage of Return on Investment, Return on Assets, Cash Ratio, Current Ratio, Collection Period, Inventory Turn Over, Total Asset Turn Over, and Total Equity so that the increase can prove that the research hypothesis proposed that after a covid-19 pandemic is proven to experience efficiency and decrease its financial performance.

scholarly journals KISRUH LAPORAN KEUANGAN : BAGAIMANAKAH KINERJA KEUANGAN PT GARUDA INDONESIA TBK?

2021 ◽  
Vol 5 (2) ◽  
pp. 46-52
Author(s):  
Listika Nuri ◽  
Sri Andriani
Keyword(s):  
Financial Performance ◽  
Stock Prices ◽  
Stock Price ◽  
Financial Statements ◽  
Return On Assets ◽  
Current Ratio ◽  
Airline Company

Garuda Indonesia Tbk is the best airline company in Indonesia. However, the chaos in Garuda Indonesia Tbk's financial statements that occurred in 2018 caused a decline in financial performance which was reflected in the company's stock price. This study was conducted to determine the financial performance of Garuda Indonesia Tbk seen from the effect of the liquidity ratio (current ratio) on the company's stock price with the profitability ratio (return on assets) as an intervening variable. The results showed that the liquidity ratio had an effect on Garuda Indonesia's stock price. However, the liquidity ratio does not affect the company's profitability. In addition, the profitability ratio also has no significant effect on stock prices. Finally, the profitability ratio is not able to mediate the effect of the liquidity ratio on the stock price of Garuda Indonesia Tbk.

ANALISIS PERBANDINGAN LAPORAN KEUANGAN SEBAGAI ALAT EVALUASI PENILAIAN KINERJA PERUSHAAN

2018 ◽  
Vol 4 (1) ◽  
pp. 1
Author(s):  
Yuli Anwar ◽  
Priyo Wismantoro
Keyword(s):  
Financial Statements ◽  
Current Ratio ◽  
Operating Income ◽  
Accounts Receivable ◽  
Total Debt ◽  
Income Ratio ◽  
Asset Turnover ◽  
Collection Period ◽  
Turn Over ◽  
Very High

The Financial Statements are An Extreme Important tool for obtaining information relating to the financial position and result achieved by the company. Financial data will be more meaningful to the parties concerned if the data is compared for two periods or more, and further analyzed to obtain data that will be able to support management decisions will be takenresult of comparative analysis the ratio of 2005 and 2004, indicating financial ratios, namely current ratio, quick ratio and working to total assets ratio increased respectively by 114.12% for the current ratio obtained from difference in current ratio for 2005 and years 2004, decreased 45.33 % for the quick ratio and decreased 2.26 % working ratio to total assets that may be caused by increase in current assets, except cash advances and purchases from the previous year.Ratio of financial operations, which is total debt to equality ratio, and total debt to total assets all increased respectively by 2.51 % and 2.26% are caused by local trade debtsActivity ratio, total asset turnover is increased respectively by 0.56 times and a decrease in accounts receivable turn over to be 8.46 times due increase in sales while the average collection period increased by 40.61 the day due higher average receivables and credit salesProfitability ratios, namely gross profit margin increased by 236.47 % and operating income ratio 280.12 % due the very high increase in sales in 2005, and opeating ratio decreased by 174.07 % due to falling prices of goods sold, net earnings ratio / ROI has increased by 42.08 % total assets rise

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

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.

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 The Relationships between Supply Chain Capability and Shareholder Value Using Financial Performance Indicators

2020 ◽  
Vol 12 (8) ◽  
pp. 3130 ◽  
Author(s):  
Seock-Jin Hong ◽  
Hossein Najmi
Keyword(s):  
Supply Chain ◽  
Financial Performance ◽  
Performance Indicators ◽  
Shareholder Value ◽  
Financial Statements ◽  
Sustainable Supply Chain ◽  
Return On Assets ◽  
Current Ratio ◽  
Major Disruption ◽  
Business Functions

The purpose of this paper is to explore which financial performance indicators (FPIs) evaluate the level of supply chain capability (SCC) that explicitly touches all of the business functions and processes within and beyond the company. The authors investigated nine FPIs that were selected from the financial statements of 155 companies within nine industries from 2011 to 2017 using Morningstar financial database and Gartner’s report. The authors find that suitable FPIs to measure SCC for shareholders’ value are return-on-assets (ROA), days-sales-outstanding (DSO), and current ratio (CR). This means that higher ROA, shortened DSO, and an appropriate level of CR could reach a sustainable supply chain. These results will help the industry to avert a major disruption in supply chain processes and activities using suitable financial performance indicators.

scholarly journals PENGARUH CURRENT RATIO, DEBT TO ASSET RATIO DAN TOTAL ASSET TURN OVER TERHADAP RETURN ON ASSETS PADA KOPERASI DI KABUPATEN GRESIK TAHUN 2013-2015 (STUDI PADA KOPERASI YANG MELAPORKAN DI DISKOPERINDAG)

MANAJERIAL ◽  
2019 ◽  
Vol 5 (1) ◽  
pp. 1
Author(s):  
INNAWATI INNAWATI
Keyword(s):  
Negative Relationship ◽  
Financial Statements ◽  
Total Asset ◽  
Return On Assets ◽  
Current Ratio ◽  
Analysis Technique ◽  
Asset Turnover ◽  
Turn Over ◽  
Partial Current ◽  
Observation Period

This study aims to examine the Effect of Current Ratio, Debt to Asset Ratio and Total Asset of Turn Over On Return on Assets in cooperatives in Gresik Regency in 2013-2015 (Studies in Cooperatives reported in Diskoperindag). The population in this study were 28 coopertives. which includes cooperatives that get profit. The sample uses saturated samples, where all members of the population are used as samples and obtain data from 84 cooperatives during the 3-year observation period. The analysis technique used is multiple linear regression and hypothesis testing using partial t test. The result of the research with the regression equation Y = a b1X1 b2X2 b3X3, shows that the current ratio is positively related to return on assets, because the coefficient is positive 4.05E-009, while the debt to asset ratio has a negative relationship with return on assets because the coefficient is negative - 0.001 and the total asset turnover also has a positive relationship with return on assets because the positive coefficient is 0.001. While the partial current ratio does not affect the return on assets in cooperatives that make a profit in Diskoperindag in Gresik district in the 2013-2015 period, because the t-count value is 0.019 smaller with t-table that is equal to 1.990. And partially the debt to asset ratio negatively affects return on assets in cooperatives that report consistent financial statements and cooperatives that benefit at Diskoperindag in Gresik regency for the period 2013-2015, because the t-count value is -4.259 smaller with t -table equal to 1.990. And total asset turn over partially affects return on assets in cooperatives that report consistent financial statements and cooperatives that benefit from Gresik District Diskoperindag for the 2013-2015 period.

Faktor-Faktor yang Mempengaruhi Return On Assets

2020 ◽  
Vol 3 (2) ◽  
pp. 124-130
Author(s):  
Zulfa Khusnul Armyta ◽  
Suhendro ◽  
Yuli Chomsatu Samrotun
Keyword(s):  
Financial Performance ◽  
Hypothesis Testing ◽  
Consumer Goods ◽  
Sales Growth ◽  
Return On Assets ◽  
Current Ratio ◽  
Industry Sector ◽  
Turn Over ◽  
Profitability Ratios ◽  
A Company

The main purpose of the establishment of a company is to obtain profit. In an effort to achieve these objectives, it is necessary to have a good management of financial performance so that it can achieve optimal profits. A company can be said to be able to manage financial performance well if the company is able to maintain economic conditions in any situation from its ability to meet financial obligations, is able to use its assets to make a profit, and can develop its business. In this study to measure the level of development of companies in the consumer goods industry sector using profitability ratios. One measure of profitability ratios is ROA (Return on Assets) in a company. This study aims to examine the Current Ratio, Total Asset Turn Over, Company Size and Sales Growth on Return on Assets in the consumer goods industry sector in the period 2013-2018. Sampling using purposive sampling and obtained 144 observation samples from 24 companies. Hypothesis testing is done using multiple linear regression. The results of hypothesis testing show that the Current Ratio and Firm Size variables have a significant effect on Return On Assets, while the Total Asset Turn Over and Sales Growth variables have no effect on Return On Assets.

scholarly journals The Relationships between Supply Chain Capability and Shareholder Value Using Financial Performance Indicators

2020 ◽  
Author(s):  
Seock-Jin Hong ◽  
Hossein Najmi ◽  
Divesh Ojha
Keyword(s):  
Supply Chain ◽  
Financial Performance ◽  
Performance Indicators ◽  
Shareholder Value ◽  
Financial Statements ◽  
Sustainable Supply Chain ◽  
Return On Assets ◽  
Current Ratio ◽  
Major Disruption ◽  
Business Functions

The purpose of this paper is to explore which financial performance indicators (FPIs) evaluate the level of supply chain capability (SCC) that explicitly touches all of the business functions and processes within and beyond the company. The authors investigated nine FPIs that were selected from the financial statements of 155 companies within nine industries. The authors find that suitable FPIs to measure SCC for shareholders’ value are return-on-assets (ROA), days-sales-outstanding (DSO), and current ratio (CR). This means that higher ROA, shortened DSO, and an appropriate level of CR could reach a sustainable supply chain. These results will help the industry to avert a major disruption in supply chain processes and activities using suitable financial performance indicators.

scholarly journals ANALISIS KINERJA KEUANGAN PT. PLN (PERSERO) INDONESIA PERIODE 2011-2015

2016 ◽  
Vol 2 (1) ◽  
pp. 79-86
Author(s):  
Ita Purnama Sari ◽  
Husnah Husnah ◽  
Vitayanti Fattah
Keyword(s):  
Financial Performance ◽  
Trend Analysis ◽  
Health Assessment ◽  
Total Asset ◽  
Financial Health ◽  
Current Ratio ◽  
Leverage Ratio ◽  
Collection Period ◽  
Turn Over ◽  
Total Ratio

The purpose of the research is to analyze the financial performance and financial health of PT. PLN (Persero) Indonesia in 2011- 2015 based on the Decree of the Ministry of State-Owned Enterprises No: KEP-100/MBU/2002 on company’s health assessment on eight indicators: ROE, ROI, Current Ratio, Cash Ratio, Collection Period, Inventories, Total Assets Turn Over, and Total Ratio of Own Capital to Total Assets and Trend Analysis. The result shows that the financial performance of the liquidity ratio indicates that the company has not fully settled its current debt by using cash and guarantee the current debt with current assets. Profitability ratio shows the company's financial performance has not fully generate profit by using its own capital and company assets. Leverage ratio shows that the company is able to finance the assets with its own capital and at the ratio of activity indicates that the company has been optimal in using the receivables and inventory to generate revenue but the total rotation of assets not yet optimal used to generate income. Therefore, the health assessment on the financial aspects of PT. PLN (Persero) Indonesia in the period of 2011-2015is predicated less healthy. Tujuan penelitian yakni menganalisis kinerja keuangan dan tingkat kesehatan keuangan PT. PLN (persero) Indonesia tahun 2011-015 berdasarkan Keputusan Menteri BUMN No: KEP- 100/MBU/2002 tentang penilaian kesehatan dengan menggunakan delapan indikator yaitu ROE, ROI, Current Ratio, Cash Ratio, Collection Period, Perputaran Persediaan, Total Asset Turn Over, dan Rasio Total Modal Sendiri terhadap Total Aktiva dan Analisis Trend. Hasil penelitian menunjukkan kinerja keuangan dari rasio likuiditas menunjukkan belum sepenuhnya perusahaan melunasi utang lancarnya dengan menggunakan kas dan menjamin utang lancar dengan aset lancar yang dimiliki.Rasio profitabilitas menunjukkan kinerja keuangan perusahaan belum sepenuhnya menghasilkan laba dengan mengunakan modal sendiri dan aktiva perusahaan. Pada rasio leverage menunjukkan bahwa perusahaan mampu membiayai aset dengan modal sendiri dan pada rasio aktivitas menunjukkan bahwa perusahaan sudah optimal dalam menggunakan piutang dan persediaan untuk menghasilkan pendapatan namun pada perputaran total aset belum optimal digunakan untuk menghasilkan pendapatan. Oleh karena itu, untuk penilaian kesehatan pada aspek keuangan PT. PLN (persero) Indonesia periode 2011-2015 mendapatkan predikat kurang sehat.

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

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

<p><em>This paper examinea</em><em>n</em><em>effect 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 200</em><em>3</em><em>-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</em>. <em>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. </em><em>Quick</em><em> ratio and debt to equity ratio has insignificant improvements after acquisition.</em><em></em></p><br />Artikel ini meneliti pengaruh kinerja keuangan pasca merger dan akuisisi. Kinerja keuangan diukur dengan menggunakan rasio, seperti <em>return on net worth</em>,<em> return on </em><em>asssets, current ratio, quick ratio, </em>dan <em>debt to equity ratio.</em>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 <em>purposive sampling</em>. Analisis data yang digunakan untuk uji hipotesis menggunakan <em>paired sample t-test</em>.Hasil dari penelitian ini menunjukkan bahwa perusahaan merger mengalami penurunan kinerja, <em>debt to equity ratio</em> menunjukkan penurunan yang signifikan, dan rasio lainnya juga mendapat penurunan, meskipun tidak signifikan. Di sisi lain<em>, return on net worth</em> dan <em>return on assets</em> memiliki penurunan yang signifikan setelah akuisisi, kecuali untuk <em>current ratio</em> yang memiliki penurunan yang tidak signifikan setelah akuisisi. <em>Quick ratio</em> dan <em>debt to equity ratio</em> memiliki peningkatan yang tidak signifikan setelah akuisisi.

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