Pengaruh Likuiditas, Profitabilitas, Financial Leverage, dan Arus Kas Operasi Dalam Memprediksi Kondisi Financial Distress

Financial distress occurs before the bankruptcy of a company. Thus the financial distress model needs to be developed, because by knowing the company's financial distress from an early age, it is hoped that actions can be taken to anticipate conditions that lead to bankruptcy. Financial distress can be measured through financial statements by analyzing financial statements. This study aims to determine and analyze the effect of liquidity, profitability, financial leverage, and operating cash flow in predicting financial distress conditions for manufacturing companies listed on the Indonesia Stock Exchange in 2016-2020. Data from the company's official website and completed from the IDX and ICMD websites. There are independent variables, namely liquidity, profitability, financial leverage, and operating cash flow, while the dependent variable in this study is financial distress. The data analysis method used in this research is logistic regression analysis method which aims to determine the role of each independent variable in influencing the dependent variable. The results of this study indicate that liquidity has no effect on financial distress, meaning that if the company is able to pay its debts well, then it is likely that the company will not experience financial distress. Profitability has no effect on financial distress, meaning that the size of the company's profit value has no effect on the company so that it avoids financial distress conditions. Financial leverage has a positive effect on financial distress, meaning that if the company has higher debt and is not followed by high sales results, it can allow failure to pay debts which causes the company to be in financial distress. Cash flow has no effect on financial distress, meaning that if the company has a good operating cash flow value, it will not experience financial distress.

Technological progress spillover effect in Lithuanian manufacturing industry

Research background: Various methods for technological progress assessment and evaluation exist in the context of economic development. Each of the methods possesses distinct advantages and disadvantages in analysis of technological progress fluctuations. For most neoclassical growth theories, technological progress measures are included as exogenous variables, thus excluding evaluation of factors influencing technological progress variation throughout time. Purpose of the article: The aim of this article is to offer improvements on classical technological progress evaluation methodologies for manufacturing industries, separating effect of intersectoral technological progress spillover effect from internal factors influencing technological progress growth and perform analysis in the case of Lithuanian manufacturing industry. Methods: Earlier research papers used linear time series regression and vector autoregression methods to assess technological progress values and define equations explaining effect of different manufacturing level indicators on technological progress measure growth. This research paper uses results of previously mentioned methods and performs simulation analysis applying agent-based modelling framework. Findings & value added: The conducted vector autoregression analysis has showed that two variables which influence technological progress most significantly are labor productivity measure and gross profit value. Sensitivity analysis emphasizes that effect of these two variables on technological progress growth is substantially different. Increase in gross profit value affects technological progress growth for wider range of sectors from Lithuanian manufacturing industry (15 out of 18 analyzed sectors? technological progress measure values are affected by changes in gross profit, while changes in labor productivity influence technological progress values in the case of 9 sectors). Rising gross profit values also produce intersectoral technological progress spillover effect more significantly, while growth in labor productivity measure has stronger effect on technological progress fluctuations for sectors which are able to exploit this effect. Presented research suggests improved methodology for intersectoral technological progress spillover effect assessment in the context of manufacturing industries.

Financial Analysis of Carp (Cyprinus carpio) Hatchery Business (Case Study in Ciparay Sub-District, Bandung District, West Java, Indonesia)

Carp (Cyprinus carpio) hatchery cultivation is one of the business activities carried out by the community in Ciparay District, Bandung Regency. This research aims to analyze the financial feasibility of carp hatchery cultivation in Ciparay District, Bandung Regency. This research was conducted using a case study method consisting of primary data and secondary data. Primary data obtained from interviews with respondents and secondary data obtained from related agencies. This research uses 38 respondents as samples based on the sampling method (purposive sampling). The analysis used in this research is descriptive quantitative. The results obtained from this research are carp hatchery cultivation in Ciparay District has a profit value of 164,225,000 IDR/year, Profitability of 217%, R/C of 3.2 and Payback Period of 33 days so it is feasible to run and develop. Carp hatchery cultivators in Ciparay District, Bandung Regency are indicated to be prosperous because they have a higher income than the Regional Minimum Wage of Bandung Regency.

IAARD’s new high-yielding varieties maize farming revenue in Gorontalo Province

The agricultural sector for Gorontalo Province has a very strategic role. Agriculture is a business that provides the largest contribution to gross regional domestic product (GRDP). It is recorded that the agricultural sector has a GRDP value of about 38.8 percent of the total. One of the leading agricultural commodities for Gorontalo is maize. One of the ways to increase maize production is by using superior seeds. The study was done in Sukadamai Village, North Bulango, Bone Bolango Regency from October 2020 to January 2021. The study involved 6 cooperative farmers with a land area of 3 Ha. The results of the study showed that the JH 37 and JH 29 varieties had the highest productivity levels compared to other varieties. IAARD’s is feasible because it has an RC ratio value above 1 and has a positive profit value.

The relationship of accounting comparability between the profit value relevance and book value

This research tries to investigate the comparability between the profit value relevance and book value of the listed firms in Tehran Stock Exchange. The research sample was selected by using the systematic removal sampling method by applying the research variable, 138 variables, during 2012-2019. Furthermore, this research has two hypotheses. This research is applied and the method is correlational based on nature and content. The research was conducted in the framework of deductive-inductive reasoning and panel analysis was used to analyze the hypotheses. The results of hypothesis testing showed that value relevance of profit and value relevance of book value increase with accounting comparability. Youtube link: https://youtu.be/lGbO2Co0Tyk

ROLE OF LIQUIDITY AND PROFITABILITY OF SHARIA BANK ON INDONESIAN ECONOMIC GROWT

This research aims to find out the factors that determine liquidity and profitability as well as the contribution of Sharia banking to the economic growth in Indonesia. The study used quarterly data for the period 2009-2019, a multiple regression model with the Ordinary Least Square (OLS) analysis method. The results revealed that capital, financing and third party funds are factors that determine the liquidity of Sharia banking. Sharia banking profitability is influenced by capital and inflation. The role of Sharia banking on economic growth occurs through financing activities, large capital and utilization of Sharia monetary policy instruments. Efforts to control liquidity at optimal levels can be done by taking into account the capital factors held by Sharia banking. Efforts to achieve maximum value of profitability can be implemented by benefiting price stability in the macroeconomic. Efforts to boost economic growth are carried out by utilizing rising prices and limiting the profit value of Sharia monetary policy instruments. Moreover, Sharia banking is able to increase the share of financing channeled.

Introduksi Produksi Gula Aren Kristal Pada Perajin Gula Suka Maju Desa Batu Ampar Kabupaten Tanah Laut

The development of palm sugar into crystalline palm sugar has the potential to be developed in order to substitute white sugar where the fulfillment is still quite a lot imported. Therefore, to increase the food security of sugar, it can be done by utilizing local palm sugar resources. Palm sugar production technology is quite applicable to be applied in rural areas and can be made from palm sap or palm sugar. The introduction of the processing of crystal palm sugar was carried out in the Suka Maju LSPBM Group with the stages of counseling, production skills training, packaging, hygienic production to obtaining a PIRT legality as Health Office permit. The quality of crystal palm sugar produced from several quality parameters was achieved including the water content of crystal palm sugar ranging from 2.38-2.70%, ash content 0.85-0.99%, sugar content 86.72%, yellowish brown color and in the form of crystals or powder. The crystal palm sugar products produced was under the brand name Sehati. The constraint was limitation of marketing because this product at the local level was still known only for the purpose of making cakes, as well as for the more expensive price of white crystal sugar. Need coaching and better links with related network to open up a better market. From the results of the analysis of the business of producing crystal palm sugar, it is feasible to run with a profit value of Rp. 24,007,100,00, the value of BEP was 892 kg, profitability of 0.55 and business efficiency of Return Cost Ratio (R/C) of 1.55

Edukasi Pemanfaatan Limbah Sisa Makanan Menjadi Produk Yang Bernilai Ekonomis

Poor waste management has become a problem in Kuta Jeumpa Village of Jeumpa Sub-district of Aceh Barat Daya Regency. The people of Kuta Jeumpa Village still throw their household wasteinto the river. As the result, the water of Putroe Aloh River in Kuta Jeumpa Village is filled with household waste. To overcome this situation, waste management education is needed to be carried out for the people of Kuta Jeumpa to manage their waste properly. The people of Kuta Jeumpa village need to be taught on how to turn waste into a source of income, for example by introducing on how to make processed food from household waste. After the the people of Kuta Jeumpa received the waste management education, they have succeeded in making new processed food products from household waste with the help of university students and lecturers. The products produced can provide profit value for the community. In addition, the community was also educated to no longer throw their household waste into the river.

FINANCIAL ANALYSIS OF TILAPIA (O. niloticus) FRY BUSINESS ACTIVITY AT THE KLEMUNAN FISH FRY CENTER, BLITAR DISTRICT

<p><em>Tilapia (O. niloticus) fish hatchery activity is a fishery business unit developed at the Klemunan Fish Fry Center (BBI), Blitar Regency. The purpose of this study was to determine the financial value and profit of the tilapia (O. niloticus) hatchery at the Klemunan Fish Fry Center (BBI), Blitar Regency. The research method used in this research is a survey research method with research data collection in 3 ways : active participation interviews, and observations. The financial analysis indicators analyzed are business profitability variables, R/C Ratio, Rentabilitas, Break Event Point (BEP) units and BEP sales. Based on the results of the financial analysis, the business profit value is Rp. 11.170.000,-, R/C Ratio at 8.81, BEP Unit at 58.6, BEP Sales Rp. 2,349,290, -, and business profitability of 49.9%, where the value of these indicators is very feasible because the numbers meet the criteria for a profitable business. So, from this research it can be concluded that based on business financial analysis which includes profitability analysis, R/C Ratio, BEP Unit, BEP Sales, and rantabilitas business, tilapia (O. niloticus) hatchery business activities at BBI Klemunan are very profitable and prospective to be developed.</em></p>

The Choke as a Brainbox for Smart Wellhead Control

This project uses production data to generate well-specific correlations for GLR, BSW and sand concentration which are used for predictions. A software has been developed to effect a smart control algorithm. This results in a bean up or bean down operation depending on the current flowing conditions and constraints. Excel programming environment was used to write a code that constantly takes in measured data points, models the behavior of the individual data sets with bean size and controls the choke if the parameters of interest go above a predetermined cut-off. The software was also equipped with an inverse matrix solving algorithm that enables it to determine the choke performance constants for any set of initialization data. A set of data from field X were supplied and the choke performance constants; A, B, C, D and E, were found to be 10, 0.546, 0.0, 1.89 and 1.0 respectively. In addition to that, data from subsequent production operations were entered and the software was able to control the choke size to ensure that production stays below set constraints of 500, 80 and 10 in field units for GLR, BSW and sand concentration respectively. From this, it can be concluded that the software can effectively maintain the production of unwanted well effluents below their cut-offs, thereby improving oil production and the overall Net Profit Value (NPV) of a project.