Current Ratio Research Papers - Academia.edu (original) (raw)
The aim of this research is to establish and evaluate the impact of profitability on consumer goods firms listed on the stock exchange in the period from 2012 to 2016. The community included in this study, including all consumer products... more
The aim of this research is to establish and evaluate the impact of profitability on consumer goods firms listed on the stock exchange in the period from 2012 to 2016. The community included in this study, including all consumer products firms. The survey shall be considered using an analytical sampling technique for a limit of 40 firms. The details included in this analysis was supplementary data by collecting the required information from IDX, such as the 2012-2016 financial study. The approaches used to evaluate the interaction between the independent variable and the dependent variable are the form of double regression and the method of inference. The outcome indicates that factors-separate variables; current ratio, debt-to-equity ratio, Revenue Development have a significant simultaneous impact on profitability, whereas current ratio, working capital turnover, debt-to-equity ratio have a significant partial effect on profitability.
The following ratio analysis will look at the financial performance of American Eagle Outfitters (AEO), Inc. and Urban Outfitters (UO), Inc. Both companies compete within the retail family clothing stores industry and have domestic... more
The following ratio analysis will look at the financial performance of American Eagle Outfitters (AEO), Inc. and Urban Outfitters (UO), Inc. Both companies compete within the retail family clothing stores industry and have domestic and foreign operations.
AEO opened its first store in the United States (US) in 1977 and as of December 31, 2008 is operating in 1,098 stores and also operates e-commerce sites under AEO Direct. AEO has 37,500 employees who work under the name American Eagle Outfitters, and wholly-owned subsidiaries, American Eagle, and AE brand names (aerie, Dormware®, AE® Martin + OSA® and 77kids™), (Libby, Libby, & Short, 2011, pp. B-2 – B-3)
UO was founded in 1970 as a predecessor partnership and later “incorporated in the Commonwealth of Pennsylvania in 1976….The company’s principle business is the operation of a general consumer product retail and wholesale business selling to customers through various channels including retail stores, three catalogs, and four web sites” (Libby et al, 2011, p. C-7). As of January 31, 2009, the company operated out of 294 stores and “in addition, the company’s wholesale segment sold and distributed apparel to approximately 1,800 better specialty retailers worldwide” (Libby et al, 2011, p. C-7).
The purpose of this research is to know how profitability and liquidity ratios influence the growth of profit of manufacturing companies sector food and beverages listed on Indonesia Stock Exchange period 2010-2012. The variables examined... more
The purpose of this research is to know how profitability and liquidity ratios influence the growth of profit of manufacturing companies sector food and beverages listed on Indonesia Stock Exchange period 2010-2012. The variables examined in this thesis are current ratio, quick ratio, cash ratio, gross profit margin, return on asset and return on equity as the independent variables and profit growth as the dependent variable. The collection of secondary data was done by taking it from the financial statements of manufacturing companies of food and beverages sector listed on Indonesia Stock Exchange during the period 2010-2012. The analysis method used is descriptive quantitative using the program of Eviews 7.0. The results of this research indicates that simultantly current ratio(CR) , quick ratio (QR), cash ratio, gross profit margin, return on assets, and return on equity have significant influence towards the growth of profit. Partially, all the six independent variables have no ...
The financial performance of the textile industry in Tamil Nadu had been analyzed with the help of the financial ratios. The financial structure of a company can show its capacity to generate the funds needed to undertake the desired... more
The financial performance of the textile industry in Tamil Nadu had been analyzed with the help of the financial ratios. The financial structure of a company can show its capacity to generate the funds needed to undertake the desired expansion. The financial performance assessment together with other efficiency criteria, will give an idea of the total efficiency and industry performance. The success of the company ultimately depends upon its future growth and development. The company " s future can never be predicted with accuracy without having precise information related to its present financial position and its past earnings. In addition, the present study analyzed the impact of the performance of liquidity, solvency and efficiency on the profitability of the textile industry using CMIE data. The study found the impact of financial ratios, such as return on capital employed and net profit ratio, on the profitability of textile industry in Tamil Nadu, was meticulously studied. From the Generalized Least Square method it was found that absolute liquidity ratio had the highest impact among the financial ratios on the return on net profit ratio as well as creditors " turnover ratio is highest impact on return on capital employed during the study period with statistical significance.It presents a detailed analysis of the determinants of financial performance of textile industry in Tamil Nadu using financial ratios. The financial structure of a company can show its capacity to generate the funds needed to undertake the desired expansion. The financial performance assessment together with other efficiency criteria, will give an idea of the total efficiency and industry performance. The success of the company ultimately depends upon its future growth and development. The company " s future can never be predicted with accuracy without having precise information related to its present financial position and its past earnings. Ratio Analysis is an age-old technique of financial analysis. The financial position of the textile industry in Tamil Nadu is analyzed with the help of the financial facts and ratios such as: liquidity, solvency, efficiency and profitability. In addition, the present study analyzed the impact of the performance of liquidity, solvency and efficiency on the profitability of the textile industry. Liquidity and profitability are the two desired goals of financial management and they are directly affected by the working capital management. With increase in working capital size beyond the adequacy level, liquidity improves and profitability declines, and vice versa. Ratio Analysis: This is an age-old technique of financial analysis. It provides the financial statements in an absolute, historical and static form. It is also designed to show
This study aims to find out: (1) Effect Ratio (DER), inflation and the IDR exchange rate with Price to Book value (PBV). The research sample is the automotive sub-sector manufacturing company and its components in the period 2008-2017 as... more
This study aims to find out: (1) Effect Ratio (DER), inflation and the IDR exchange rate with Price to Book value (PBV). The research sample is the automotive sub-sector manufacturing company and its components in the period 2008-2017 as many as 9 companies. The results of the study with panel data show that simultaneously CR, DER, inflation and the rupiah exchange rate affect ROA, partially CR and inflation have no significant effect on ROA, while DER and the IDR exchange rate have a significant effect on ROA. Simultaneously CR, DER, inflation and the IDR exchange rate affect PBV, partially CR, DER and inflation have no significant effect on PBV, while the IDR exchange rate has a significant effect on PBV. 12. The role of ROA as an intervening variable is very important in increasing the influence of CR, DER, inflation and the IDR exchange rate against Price to Book Value (PBV).
The aim of the research was to examine the short-run and long-run causality between solvency and liquidity in case of Oil and Gas Development Company Limited (OGDCL), Pakistan. The secondary data of 26 years was employed from 1990 to 2015... more
The aim of the research was to examine the short-run and long-run causality between solvency and liquidity in case of Oil and Gas Development Company Limited (OGDCL), Pakistan. The secondary data of 26 years was employed from 1990 to 2015 to evaluate the results. The series of two separate regressions were run to check causality separately. Out of 9 hypotheses, 4 were rejected and 5 were accepted. Vector Error Correction Model (VECM), Cointegration and Wald test were used as statistical tools. The results concluded that Current Ratio (CR) has no long-run association with Debt to Equity (DTE) and Debt to Assets (DTA), but Quick Ratio (QR) is having long-run association with Debt to Equity (DTE) and Debt to Assets (DTA). Moreover, Current Ratio (CR) has short-run association with Debt to Assets (DTA). Similarly, Quick Ratio (QR) is having no short-run association with Debt to Equity (DTE).
This particular study tries to assess the nature of relationship of Working Capital Management (WCM) and liquidity with firm's performance. Most important issue for the firms is to decide the best suitable level of working capital which... more
This particular study tries to assess the nature of relationship of Working Capital Management (WCM) and liquidity with firm's performance. Most important issue for the firms is to decide the best suitable level of working capital which can satisfy both motives f liquidity and profitability. Financial performance is measured by return on capital employed while determinants of working capital and liquidity includes inventory turnover, accounts receivable turnover, current and quick ratio. A sample of 19 cement companies listed on Karachi Stock Exchange for a period of 2005 to 2010 has been taken out off 29 firms on the basis of availability of data. Finally outcomes of bivariate analysis suggested that efficient management of working capital and liquidity leads to financial success. Keywords -Accounts Receivable Turnover, Current Ratio, Inventory Turnover, Karachi stock exchange (KSE). I.
- by IOSR Journals
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- Finance, Banking, Current Ratio
This research aims to analyze the effects of profitability (ROA), liquidity (CR), assets growth, and firm size towards capital structure (DER) and the impact on firm value (PBV).This research uses secondary data from yearly financial... more
This research aims to analyze the effects of profitability (ROA), liquidity (CR), assets growth, and firm size towards capital structure (DER) and the impact on firm value (PBV).This research uses secondary data from yearly financial statement of food and baverages companies listed in Indonesian Stock Exchange for period 2013-2017. The research design uses descriptive quantitative research and causality. Sampling method uses purposive sampling method, with some predetermined criteria, the number of sample is 17 manufacturing companies. The analysis technique used is panel data regression. The research results shows that the profitability (ROA) and firm size partially have negative effect and not significant on capital structure (DER). The liquidity (CR) and assets growth partially have negative effect and significantly on capital structure (DER). Then the capital structure (DER) partially have positive effect but not significantly influences the firm value (PBV). The profitability (ROA) partially have positive effect and significant on firm value (PBV). The liquidity (CR) and assets growth partially have negative and significant effect on firm value (PBV), and firm size partially have negative and not significant effect on firm value (PBV). Simultaneously profitability (ROA), liquidity (CR), assets growth and firm size effect on capital structure (DER). On the other side, simultaneously profitability (ROA), liquidity (CR), assets growth and firm size have effect on firm value (PBV).
This study aims to determine whether there are differences in financial performance before and after the merger of financial sector companies in 2018. The analytical tool used in this study is the changes that occur in the Current Ratio... more
This study aims to determine whether there are differences in financial performance before and after the merger of financial sector companies in 2018. The analytical tool used in this study is the changes that occur in the Current Ratio (CR), Return on Assets (ROA) and Debt to Equity Ratio (DER) between before and after the merger in 2018. To test the hypothesis, the T-Test sample was used. Based on the results of the research conducted, it was found that (1) Current Ratio (CR) in the company experienced changes in financial performance between before and after the merger in 2018, (2) Return on Assets (ROA) experienced changes in financial performance between before and after the merger. in 2018, (3) the Debt to Equity Ratio (DER) experienced changes in financial performance between before and after the merger in 2018.
Penelitian ini bertujuan untuk mengetahui pengaruh rasio keuangan terhadap pertumbuhan laba pada perusahaan subsektor makanan, minuman dan farmasi yang terdaftar di BEI periode 2017-2020. Populasi dalam penelitian ini yaitu seluruh... more
Penelitian ini bertujuan untuk mengetahui pengaruh rasio keuangan terhadap pertumbuhan laba pada perusahaan subsektor makanan, minuman dan farmasi yang terdaftar di BEI periode 2017-2020. Populasi dalam penelitian ini yaitu seluruh perusahaan yang terdaftar di BEI periode 2017-2020 dengan jumlah 45 perusahaan. Sampel yang digunakan dalam penelitian ini sebanyak 28 perusahaan yang sesuai dengan kriteria pengambilan sampel. Metode analisa yang digunakan adalah analisis regresi data panel. Hasil dari penelitian ini menunjukkan bahwa secara simultan Current Ratio (CR), Debt to Equity Ratio (DER), Net Profit Margin (NPM) dan Total Asset Turnover (TATO) berpengaruh terhadap pertumbuhan laba pada perusahaan subsektor makanan, minuman dan farmasi yang terdaftar di BEI periode 2017-2020. Secara parsial, variabel Current Ratio (CR) tidak berpengaruh terhadap pertumbuhan laba, untuk variabel Debt to Equity Ratio (DER) berpengaruh positif dan signifikan terhadap pertumbuhan laba pada perusahaan subsektor makanan, minuman dan farmasi yang terdaftar di BEI periode 2017-2020, sedangkan Net Profit Margin (NPM) dan Total Asset Turnover (TATO) berpengaruh negatif dan signifikan terhadap pertumbuhan laba pada perusahaan subsektor makanan, minuman dan farmasi yang terdaftar di BEI periode 2017-2020.
In this study, the impact of working capital management on the profitability of Oil and Gas firms in India has been examined. The study is conducted by analysing nine significant firms from the Oil and natural gas sector in the country.... more
In this study, the impact of working capital management on the profitability of Oil and Gas firms in India has been examined. The study is conducted by analysing nine significant firms from the Oil and natural gas sector in the country. The selected sample represents a weightage of around 91 per cent of the Nifty Oil and Gas Index. The study makes use of purely secondary data which has been obtained from the audited annual reports of the companies studied. The various statistical methods applied in the study include descriptive analysis, Pearson’s correlation and multiple regression using panel data. The study used variables such as current ratio, debt ratio, cash conversion cycle, operating revenue growth and size of the firms (measured using total assets) as the components of WCM. The proxy variable for the profitability of the entities is ROA. The results of the study reveal that cash conversion cycle has a negative relation to profitability, although the coefficient is not too high. This means that the managers need to focus on reducing the CCC to increase profitability. It was also noted that there was a significant inverse relationship between profitability and debt ratio.
This study aims to prove empirically whether the Current Ratio, Debt To Equity Ratio, Total Asset Turnover and Inventory Turnover Inventory Turnover Return on Equity effect on partially and simultaneously on Retail Trade Company in... more
This study aims to prove empirically whether the Current Ratio, Debt To Equity Ratio, Total Asset Turnover and Inventory Turnover Inventory Turnover Return on Equity effect on partially and simultaneously on Retail Trade Company in Indonesia and to prove empirically whether institutional ownership moderate the relationship between Current Ratio, Debt To Equity Ratio, Total Asset Turnover and Inventory Turnover Return on Equity Retail Company in Indonesia. This research was conducted on Retail Trade Company listed on the Indonesia Stock Exchange that publish financial statements for 2009-2013 with a total population of 22 (twenty two) companies. Samples taken in this study there were 11 samples in Retail Trade Company listed on the Indonesia Stock Exchange. In this study the type of data used are secondary data derived and published in the Indonesia Stock Exchange (BEI). Techniques used for data collection documentation. The tools used in this research is multiple linear regression. This study concluded that partial Current Ratio, Debt To Equity Ratio, Total Asset Turnover and Inventory Turnover significant effect on Return on Equity. Simultaneously Current Ratio, Debt To Equity Ratio, Total Asset Turnover Inventory Turnover and Institutional Ownership significantly affect the return on equity. Institutional ownership does not affect the relationship between the Current Ratio, Debt To Equity Ratio, Total Asset Turnover and Inventory Turnover on Return on Equity and Institutional Ownership is not moderating variables.
The purpose of this research is to find and analyze the influence of total asset turnover, delta EPS, net profit margin, return on asset, return on equity, sales growth, current ratio, debt to equity ratio, and dividend payout ratio to... more
The purpose of this research is to find and analyze the influence of total asset turnover, delta EPS, net profit margin, return on asset, return on equity, sales growth, current ratio, debt to equity ratio, and dividend payout ratio to stock return.
In this study, the impact of working capital management on the profitability of Oil and Gas firms in India has been examined. The study is conducted by analysing nine significant firms from the Oil and natural gas sector in the country.... more
In this study, the impact of working capital management on the profitability of Oil and Gas firms in India has been examined. The study is conducted by analysing nine significant firms from the Oil and natural gas sector in the country. The selected sample represents a weightage of around 91 per cent of the Nifty Oil and Gas Index. The study makes use of purely secondary data which has been obtained from the audited annual reports of the companies studied. The various statistical methods applied in the study include descriptive analysis, Pearson’s correlation and multiple regression using panel data. The study used variables such as current ratio, debt ratio, cash conversion cycle, operating revenue growth and size of the firms (measured using total assets) as the components of WCM. The proxy variable for the profitability of the entities is ROA. The results of the study reveal that cash conversion cycle has a negative relation to profitability, although the coefficient is not too high. This means that the managers need to focus on reducing the CCC to increase profitability. It was also noted that there was a significant inverse relationship between profitability and debt ratio.
This study aims to determine the effect descriptive type of statistical analysis with a quantitative approach. The population of this research are 16 companies. This study used financial report data with time series for the last 5 years.... more
This study aims to determine the effect descriptive type of statistical analysis with a quantitative approach. The population of this research are 16 companies. This study used financial report data with time series for the last 5 years. Sample selection through purposive sampling method There are 13 food and beverages companies that meet the criteria as a sample of research so that the research data amounted to 65.The results of this research are Current Ratio has a significant effect on the Stock Price variable, the results of this research indicate that the increasing Current Ratio will increase the Stock Price. Debt to Equity Ratio has a significant effect on the Stock Price variable, the results of this research indicate that the low Debt to Equity Ratio will increase the Stock Price. independent variable Current Ratio and Debt to Equity Ratio simultaneously have a significant effect on the Stock Price variable. Abstrak Penelitian ini bertujuan untuk mengetahui pengaruh Current Ratio (CR) terhadap Harga Saham, pengaruh Debt to Equity Ratio (DER) terhadap Harga Saham dan Mengetahui pengaruh Current Ratio (CR) dan Debt to Equity Ratio (DER) secara simultan terhadap Harga Saham pada Perusahaan Food and beverage periode 2013-2017. Penelitian ini menggunakan tipe penelitian deskriptif analisis statistik dengan pendekatan kuantitatif. populasi pada penelitian ini berjumlah 16 perusahaan Penelitian ini menggunakan data laporan keuangan dengan time series selama 5 tahun terakhir. Pengambilan sampel dalam penelitian ini menggunakan teknik Purposive Random Sampling. Sampel penelitian ini 13 perusahaan dengan jumlah sampel sebanyak 65 perusahaan food and beverages. Hasil Penelitian ini adalah Current Ratio berpengaruh signifikan terhadap variabel Harga Saham, hasil penelitian ini menunjukan bahwa dengan semakin meningkatnya Current Ratio maka akan meningkatkan Harga Saham. Debt to Equity Ratio berpengaruh signifikan terhadap variabel Harga Saham, hasil penelitian ini menunjukan bahwa dengan rendahnya Debt to Equity Ratio maka akan meningkatkan Harga Saham. Sedangkan variabel independen Current Ratio dan Debt to Equity Ratio secara simultan berpengaruh signifikan terhadap variabel Harga Saham.
Pasar modal merupakan pasar jangka panjang yang didalamnya terdapat berbagai macam instrumen pasar modal yang dapat diperjualbelikan. Pasar modal juga merupakan pasar yang mempertemukan antara pihak yang membutuhkan dana dan pihak yang... more
Pasar modal merupakan pasar jangka panjang yang didalamnya terdapat berbagai macam instrumen pasar modal yang dapat diperjualbelikan. Pasar modal juga merupakan pasar yang mempertemukan antara pihak yang membutuhkan dana dan pihak yang memerlukan dana jangka panjang. Para investor diberikan berbagai macam alternatif instrument untuk kemudian dikembangkan dan dikelola untuk jangka waktu yang panjang guna mendapatkan imbalan yang diharapkan. Perusahaan merupakan suatu elemen penting dalam kegiatan perekonomian. Perusahaan berperan sebagai pencipta barang pemenuhan kebutuhan yaitu barang dan jasa sebagai produsen. Perusahaan juga berperan sebagai distributor dimana perusahaan akan berusaha menyalurkan barang pemenuhan kebutuhan yang dihasilkannya kepada konsumen atau masyarakat (Fauziah, Yuinar Laeli Nur, 2013). Obligasi merupakan salah satu jenis aset finansial dan instrumen modal (utang) yang tergolong surat berharga pasar modal dengan pendapatan tetap (fixed-income securities) yang diperjual-belikan dalam pasar modal. Obligasi sebagai surat utang jangka menengah-panjang yang dapat dipindah tangankan yang berisi janji dari pihak yang menerbitkan untuk membayar imbalan berupa bunga pada periode tertentu dan melunasi pokok utang pada waktu yang telah ditentukan kepada pihak pembeli obligasi tersebut (Darmadji, Tjiptono dan Hendy M. Fakhruddin. 2011).
- by sheny gsp
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- Current Ratio, ROA
Penelitian ini bertujuan untuk mengetahui dan menganalisis pengaruh Return On Equity (ROE), Debt to Equity Ratio (DER) dan Current Ratio (CR) terhadap harga saham pada perusahaan sub bab sektor telekomunikasi yang terdaftar pada BEI... more
Penelitian ini bertujuan untuk mengetahui dan menganalisis pengaruh Return On Equity (ROE), Debt to Equity Ratio (DER) dan Current Ratio (CR) terhadap harga saham pada perusahaan sub bab sektor telekomunikasi yang terdaftar pada BEI periode 2012-2019.
Penelitian ini menggunakan pendekatan kuantitatif. Tenik sampling yang digunakan data penelitian ini adalah teknik purposive sampling selama periode penelitian sehingga sampel yang digunakan adalah Excl, FREN, Indosat, dan Telkom. Data yang digunakan dalam penelitian ini adalah data sekunder dengan menggunakan metode analisis regeresi linier berganda.
Hasil penelitian menunjukkan bahwa 1) ROE berpengaruh positif dan signifikan tehadap harga saham; 2) DER tidak berpengaruh terhadap harga saham; 3) CR berpengaruh positif dan signifikan terhadap harga saham; dan 4) ROE, DER, dan CR berpengaruh secara simultan terhadap harga saham.
Penelitian ini bertujuan untuk menganalisis dan mengetahui pengaruh return on asset, earning per share, current ratio, economic value added dan debt to equity ratio terhadap harga saham pada perusahaan manufaktur sub sektor makanan dan... more
Penelitian ini bertujuan untuk menganalisis dan mengetahui pengaruh return on asset, earning per share, current ratio, economic value added dan debt to equity ratio terhadap harga saham pada perusahaan manufaktur sub sektor makanan dan minuman yang terdaftar di BEI tahun 2015-2019. Variabelvariabel yang digunakan pada penelitian ini yaitu harga saham, return on asset, earning per share, current ratio, economic value added dan debt to equity ratio. Jenis data yang digunakan pada penelitian ini adalah data sekunder. Total sampel observasi yang digunakan dalam penelitian ini sebanyak 13 perusahaan manufaktur sub sektor makanan dan minuman yang terdaftar di Bursa Efek Indonesia tahun 2015-2019 dengan menggunakan purposive sampling sebagai teknik pengambilan sampel. Metode analisis regresi yang digunakan adalah analisis regresi data panel yang memakai software E-Views 10. Hasil penelitian ini menunjukkan bahwa secara simultan return on asset, earning per share, current ratio, economic value added dan debt to equity ratio berpengaruh terhadap harga saham. Sedangkan secara parsial earning per share dan economic value added berpengaruh positif dan signifikan terhadap harga saham. Return on asset, current ratio dan debt to equity ratio tidak berpengaruh terhadap harga saham perusahaan manufaktur sub sektor makanan dan minuman yang terdaftar di Bursa Efek
In the corporate finance literature liquidity and profitability is the main issue. Every firm tries to maximize its profits. If the firm pays too much attention on profitability, it may overlook the liquidity. In this way, the study is... more
In the corporate finance literature liquidity and profitability is the main issue. Every firm tries to maximize its profits. If the firm pays too much attention on profitability, it may overlook the liquidity. In this way, the study is conducted to know the impact and relationship between liquidity and profitability. The study covered 5 listed Banks of Pakistan over a period of past 10 years from Jan 2008 to Dec 2017. Regression, Correlation analysis and descriptive statistics were used in the analysis and results shows the liquidity and Return on assets has significant relationship, but the liquidity and Return on Equity shows insignificant relationship among the listed banks of Pakistan. Banks are suggested to work on their strategies, to enhance the usage of assets and improve yields on shareholders.
This study aimed to determine the effect of the current ratio, the level of inflation, and exchange rates on stock prices simultaneously and partially. The study was conducted in the consumer goods industry shares many as three companies... more
This study aimed to determine the effect of the current ratio, the level of inflation, and exchange rates on stock prices simultaneously and partially. The study was conducted in the consumer goods industry shares many as three companies listed on the Indonesia Stock Exchange. The use of purposive sampling method. Based on the results showed that the variables of organizational commitment, motivation and employee satisfaction influence employee performance simultaneously and partially. current ratio, inflation, and exchange rates on stock prices simultaneously and partially.
This study aims to determine the effect of Current Ratio (CR) on Stock Prices, the effect of Debt to Equity Ratio (DER) on Stock Prices and to know the effect of Current Ratio (CR) and simultaneous Debt to Equity Ratio (DER) to Stock... more
This study aims to determine the effect of Current Ratio (CR) on Stock Prices, the effect of Debt to Equity Ratio (DER) on Stock Prices and to know the effect of Current Ratio (CR) and simultaneous Debt to Equity Ratio (DER) to Stock Prices in Food and Beverage Companies for the 2013-2017 period. This study uses a descriptive type of statistical analysis with a quantitative approach. The population of this research are 16 companies. This study used financial report data with time series for the last 5 years. Sample selection through purposive sampling method There are 13 food and beverages companies that meet the criteria as a sample of research so that the research data amounted to 65.The results of this research are Current Ratio has a significant effect on the Stock Price variable, the results of this research indicate that the increasing Current Ratio will increase the Stock Price. Debt to Equity Ratio has a significant effect on the Stock Price variable, the results of this research indicate that the low Debt to Equity Ratio will increase the Stock Price. independent variable Current Ratio and Debt to Equity Ratio simultaneously have a significant effect on the Stock Price variable.
The objective of this research is to examine the difference of abnormal return, and companies’ financial performance, before and after merger or acquisition. The companies’ financial performances are projected by financial ratios, which... more
The objective of this research is to examine the difference of abnormal return, and companies’ financial performance, before and after merger or acquisition. The companies’ financial performances are projected by financial ratios, which are return on asset and return on equity. This research is expected to help economic actors in making economic decisions related to merger and acquisition. The samples in this study are 11 companies that listed in Indonesia Stock Exchange (Bursa Efek Indonesia) in the year 2010-2011, except financial sectors and done corporate action merger or acquisition. The sample in this study determined based on purposive sampling. Data used in this study is secondary data such as annual reports or financial reports. The results from this study are (1) there is no difference of abnormal return before and after merger or acquisition (2) there is no difference of companies’ financial performance that projected by return on asset before and after merger or acquisit...
- by Steffi Lim
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- Business, Current Ratio
Decisions relating to working capital and short term financing are referred to as working capital management (W. These involve managing the relationship between a firm's short-term assets and its short-term liabilities. The objective... more
Decisions relating to working capital and short term financing are referred to as working capital management (W. These involve managing the relationship between a firm's short-term assets and its short-term liabilities. The objective of working capital management is to ensure that the firm is able to continue its operations and that it has sufficient cash flow to satisfy both maturing short-term debt and upcoming operational expenses. Working capital management is one of the essential determinants of firms’ market value because it directly affects the profitability. This study investigates the relationship between working capital management and profitability of Colombo Stock Exchange (CSE) listed commercial banks in Sri Lanka. The objective of the study is to identify the relationship between the working capital management and profitability and its impact on profitability. The relation between the working capital management and profitability is examined using Pearson correlation...
Penelitian ini bertujuan untuk menguji signifikansi pengaruh Current Ratio (CR), Price Earning Ratio (PER), Debt to Equity Ratio (DER), dan Total Assets Turnover (TATO) terhadap Return Saham Syariah, baik secara simultan maupun parsial... more
Penelitian ini bertujuan untuk menguji signifikansi pengaruh Current Ratio (CR), Price Earning Ratio (PER), Debt to Equity Ratio (DER), dan Total Assets Turnover (TATO) terhadap Return Saham Syariah, baik secara simultan maupun parsial pada perusahaan-perusahaan yang terdaftar di Index Saham Syariah Indonesia (ISSI) periode 2011-2015.
Populasi penelitian ini adalah perusahaan yang terdaftar di Index Saham Syariah Indonesia (ISSI) dari tahun 2011 hingga 2015. Jumlah sampel yang diambil dengan metode purposive sampling sebanyak 11 (sebelas) perusahaan. Model yang digunakan adalah model regresi data panel dengan menggunakan Eviews. Sedangkan, model analisis yang digunakan adalah Fixed Effect Model. Teknik analisis yang digunakan untuk uji hipotesis menggunakan Uji F, Uji R2, dan Uji t.
Hasil pembuktian hipotesis dan pembahasan dalam penelitian ini menunjukkan bahwa Current Ratio (CR), Price Earning Ratio (PER), Debt to Equity Ratio (DER), dan Total Assets Turnover (TATO) secara simultan berpengaruh signifikan terhadap Return Saham Syariah pada perusahaan-perusahaan yang terdaftar di Index Saham Syariah Indonesia (ISSI) periode 2011-2015 dengan nilai adjusted R2 sebesar 32.22 %. Sedangkan, pembuktian hipotesis secara parsial membuktikan bahwa Current Ratio (CR) secara parsial berpengaruh tidak signifikan terhadap Return Saham, Price Earning Ratio (PER) secara parsial berpengaruh tidak signifikan terhadap Return Saham, Debt to Equity Ratio (DER) secara parsial berpengaruh signifikan terhadap Return Saham, dan Total Assets Turnover (TATO) secara parsial berpengaruh signifikan terhadap Return Saham Syariah pada perusahaan-perusahaan yang terdaftar di Index Saham Syariah Indonesia (ISSI) periode 2011-2015.
A 750- to 1,050-word paper evaluating the financial health of a company. Highlighted are the importance of industry comparisons and trends. An industry comparison. Discussion of how the company’s financial performance compares with others... more
A 750- to 1,050-word paper evaluating the financial health of a company. Highlighted are the importance of industry comparisons and trends. An industry comparison. Discussion of how the company’s financial performance compares with others in the company’s industry.
Formatted according to APA standards.
A Microsoft® Word document
- by safin haque
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- Current Ratio
Penelitian ini bertujuan untuk untuk menganalisis perbandingan kinerja keuangan perusahaan tiga tahun sebelum dan tiga tahun sesudah melakukan akuisisi yang terdaftar di Bursa Efek Indonesia periode 2017. Kinerja keuangan perusahaan... more
Penelitian ini bertujuan untuk untuk menganalisis perbandingan kinerja keuangan perusahaan tiga tahun sebelum dan tiga tahun sesudah melakukan akuisisi yang terdaftar di Bursa Efek Indonesia periode 2017. Kinerja keuangan perusahaan diukur menggunakan rasio-rasio keuangan yaitu, rasio likuiditas (Current Ratio), rasio solvabilitas (Debt to Asset Ratio), rasio aktivitas (Total Asset Turn over), rasio Provitabilitas (Return On Asset, Return On Equity, Net Profit Market), dan rasio pasar (Earning Per Share). Metode penelitian yang digunakan yaitu kuantitatif. Sedangkan populasi penelitian ini meliputi perusahaan publik yang terdaftar di BEI yang melakukan tindakan akuisisi dan perusahaan yang mengumumkan aktivitas akuisisi pada periode 2017. Pengambilan sampel penelitian in adalah Purposive sampling. Metode analisis data yang digunakan dalam menjawab hipoteisis yaitu menggunakan statistik deskriptif, uji normalitas, dan uji beda (Sample Paired T Test dan Wilcoxon Sign Rank test). Hasil...
Introduction Accounting measures of performance have been the traditional mainstay of quantitative approaches to organizational performance measurement. However, over the past two decades, a great deal of attention has been paid to the... more
Introduction Accounting measures of performance have been the traditional mainstay of quantitative approaches to organizational performance measurement. However, over the past two decades, a great deal of attention has been paid to the development and use of non-financial measures of performance, which can be used both to motivate and report on the performance of business (and other) organizations. The impetus for such developments has come from both the bottom and the top of the organization. Much performance management at the operational level is carried out using specific indicators of performance, which are usually not measured in financial terms. At the most senior levels, although financial performance is inevitably a major consideration, there has been increasing recognition that other important factors in the effective running of the organization cannot be well captured by such measures. Thus, non-financial performance measures have undergone significant development, to the ...
In the corporate finance literature liquidity and profitability is the main issue. Every firm tries to maximize its profits. If the firm pays too much attention on profitability, it may overlook the liquidity. In this way, the study is... more
In the corporate finance literature liquidity and profitability is the main issue. Every firm tries to maximize its profits. If the firm pays too much attention on profitability, it may overlook the liquidity. In this way, the study is conducted to know the impact and relationship between liquidity and profitability. The study covered 5 listed Banks of Pakistan over a period of past 10 years from Jan 2008 to Dec 2017. Regression, Correlation analysis and descriptive statistics were used in the analysis and results shows the liquidity and Return on assets has significant relationship, but the liquidity and Return on Equity shows insignificant relationship among the listed banks of Pakistan. Banks are suggested to work on their strategies, to enhance the usage of assets and improve yields on shareholders.
This study aims to determine the effect of Current Ratio, Debt to Asset Ratio, Return on Asset and Total Asset Turnover on Devidend Payout Ratio. The object of this research is the coal mining sub-sector company in 2011-2019. Data... more
This study aims to determine the effect of Current Ratio, Debt to Asset Ratio, Return on Asset and Total Asset Turnover on Devidend Payout Ratio. The object of this research is the coal mining sub-sector company in 2011-2019. Data obtained through the IDX website and research design used casual research. The sampling technique used purposive sampling method and from this method, obtained 6 companies that have the criteria of 22 population. The analysis technique used panel data regression using three approaches and alternative method are common effect, fixed effect, and random effect, then use the model selection Chow test and Hausman test and testing using statistical t-test with statistical applications Eviews 10. The results of study with using the t-statistic test, shows that CR, DAR, ROA, and TATO have no significant effect on devidend payout ratio, and Devidend Payout Ratio also does not have a significant effect on Market Book Value.
SH., MH. iv KATA PENGANTAR Assalamu'alaikum warahmatullahi wabarakaatuh Alhamdulillahirabbil 'aalamin. Puji dan syukur kehadirat Allah SWT yang telah melimpahkan segala karunia, rahmat dan hidayah-Nya, sehingga di bulan Ramadhan ini... more
SH., MH. iv KATA PENGANTAR Assalamu'alaikum warahmatullahi wabarakaatuh Alhamdulillahirabbil 'aalamin. Puji dan syukur kehadirat Allah SWT yang telah melimpahkan segala karunia, rahmat dan hidayah-Nya, sehingga di bulan Ramadhan ini penulis dapat menyelesaikan penyusunan skripsi ini dengan lancar. Sholawat dan salam semoga tetap tercurah kepada Rasullullah Muhammad SAW, keluarga, sahabat dan para pengikut beliau yang mengikuti ajaran beliau sampai hari akhir kelak. Skripsi yang saya kerjakan ini dipergunakan untuk memenuhi prasyarat kelulusan strata 1 pada Program Studi Akuntansi Sekolah Tinggi Ilmu Ekonomi (STIE) Yayasan Pendidikan Ujung Pandang. Penulis menyadari tanpa dorongan, bantuan dan bimbingan dari berbagai pihak akan sulit untuk dapat menyelesaikan skripsi ini. Oleh karenanya, penulis mengucapkan terima kasih yang dalam dan penghargaan yang tinggi kepada: 1. Bapak dan ibu tercinta, Drs. Muhammad Ali dan Dra. Nuryati Masrurotun, atas doa restu, nasihat, kasih sayang, kesabaran dan dukungan yang tiada habis-habisnya kepada penulis. Semoga Allah senantiasa memberikan kasih sayang-Nya sebagaimana ketika kalian telah mengasihiku ketika masih kecil. Juga kepada Mbak Alif, Mas Endro, Dik Nikmah dan Dik Dian atas segala dukungannya. 2. Bapak DR. H. M. Kamal Hidjaz S.H, M.H selaku Ketua STIE-YPUP dan Bapak Sultan Iskandar SE, MM selaku Ketua Program Studi Akuntansi STIE-YPUP 3. Bapak Drs. Sri Haryoso Suliyanto, M.Si selaku Kepala Perwakilan BPK RI Perwakilan Provinsi Sulawesi Barat yang telah memberikan ijin kepada penulis untuk menyelesaikan pendidikan S-1 pada STIE-YPUP. v 4. Drs. Eldi Manca, M.Si, Ak. dan Drs. Idham Mannaga, MM. Selaku dosen pembimbing yang telah dengan sabar memberikan bimbingan, arahan, dorongan dan semangat kepada penulis dalam proses penyelesaian skripsi ini. 5. Bapak selaku dosen penguji yang telah memberikan banyak masukan, kritik dan saran bagi penulis untuk menyelesaikan skripsi ini. 6. Mas Fahmin dan Mbak Dian beserta seluruh staf pada Pusat Informasi Pasar Modal (PIPM) Bursa Efek Indonesia di Makassar atas data referensi dan fasilitasnya. 7. Para dosen dan seluruh staf pengajar Fakultas Ekonomi STIE-YPUP yang telah memberikan bekal ilmu yang bermanfaat bagi penulis. 8. Teman-temanku, Hera, Inna, Ike, Rafiqa, Nia, Nani, Yeni, Desi, Yos, Mulyadi dan masih banyak yang lain yang tak bisa disebutkan di sini satu persatu, terimakasih atas motivasi dan dorongannya, serta kerjasama selama kuliah di STIE-YPUP. 9. Rekan sekantor di BPK RI Perwakilan Provinsi Sulawesi Barat; Ibu Nurul Sa'diyah, Yonas, Dimaz, Kang Indra, Herry dan seluruh rekan, atas kerjasama yang baik dan dukungan bagi penulis untuk segera menyelesaikan kuliah. 10. Berbagai pihak yang tidak dapat penulis sebutkan satu-persatu yang telah memberikan bantuan baik moril maupun materiil. Akhirnya dengan segala kerendahan hati, penulis ucapkan terima kasih dan semoga amal dan kebaikan yang telah diberikan mendapatkan balasan yang lebih baik dari Allah SWT.
The purpose of this study is to empirically analyze the effect of accounting variables – current ratio, return on assets, debt to equity ratio, and dividend – on stock prices of the mining companies registered on Indonesian Stock Exchange... more
The purpose of this study is to empirically analyze the effect of accounting variables – current ratio, return on assets, debt to equity ratio, and dividend – on stock prices of the mining companies registered on Indonesian Stock Exchange between 2008 - 2010. Purposive sampling technique was used in terms of colected samples. There was thirty one mining companies registered on Indonesian Stock Exchange, but only twelve companies involved in this study based on criterias, published audited and comprehensive income statement also provide dividend annually from 2008 to 2010. This study used multiple regression in two way analysis model with level of significance 5%. The result shows that: (1) current ratio, return on assets, and debt to equity ratio simultaneously and significantly effect dividend; (2) partially only return on asset give significant effect to dividend, while current ratio and debt to equity ratio did not give significant effect to dividen; (3) current ratio, return on asset, and debt to equity ratio simultaneously and significantly effect stock price; (4) partially only return on asset give significant effect to stock price; (5) return on asset directly and indirectly effect stock price, however dividend give higer impact to stock price.
Tujuan penelitian ini untuk mengetahui Return On Assets (ROA) berpengaruh terhadap Nilai Perusahaan, mengetahui Return On Equity (ROE) berpengaruh terhadap Nilai Perusahaan, mengetahui pengaruh Current Ratio (CR) berpengaruh terhadap... more
Tujuan penelitian ini untuk mengetahui Return On Assets (ROA)
berpengaruh terhadap Nilai Perusahaan, mengetahui Return On Equity
(ROE) berpengaruh terhadap Nilai Perusahaan, mengetahui pengaruh
Current Ratio (CR) berpengaruh terhadap Nilai Perusahaan, mengetahui
pengaruh Return On Assets (ROA), Return On Equity (ROE), dan
Current Ratio (CR) secara simultan terhadap Nilai Perusahaan. Metode
penelitian yang digunakan dalam penelitian ini adalah metode deskriptif,
Pengujian asumsi klasik yang dilakukan terdiri atas uji normalitas, uji
autokorelasi, uji multikolinearitas, dan uji heteroskedastisitas. Uji Regresi
Linier Berganda, Uji Koefisien Korelasi, Uji Koefisien Determinasi, dan
Uji Hipotesis. Hasil Penelitiannya adalah: (1) Terdapat pengaruh Return
On Assets (ROA) terhadap Nilai Perusahaan, (2) Terdapat pengaruh
Return On Equity (ROE) terhadap nilai perusahaan, (3) Terdapat
pengaruh Current Ratio (CR) terhadap nilai perusahaan, (4) Terdapat
pengaruh Return On Assets (ROA), Return On Equity (ROE) dan
Current Ratio (CR) secara simultan terhadap nilai perusahaan, (5)
Terdapat pengaruh Nilai Perusahaan terhadap Kebijakan Deviden
This research focused on the influence of liquidity management on the functioning of fifteen listed firms of Textile Sector at Pakistan Stock Exchange (PSE) for five years, from 2015 to 2019. The secondary data was gathered from the... more
This research focused on the influence of liquidity management on the functioning of fifteen listed firms of Textile Sector at Pakistan Stock Exchange (PSE) for five years, from 2015 to 2019. The secondary data was gathered from the annual reports of the selected companies. For data analysis, regression analysis, descriptive statistics, and correlation are used. The study showed that the current ratio and creditor payment period have a significant negative effect on the return on assets (ROA) of the selected firms. In contrast, the quick ratio and inventory sales period have a significant positive impact on the ROA. Yet, the debtors' collection period has a significant negative impact on the ROA of the firms listed on PSE. As a result, it is advised that the textile industry in Pakistan should pay special attention to liquidity management in order to increase profitability.
The purpose of this study was to examine and analyze the eff ect of accounting earnings and operating cash fl ow to stock return through share price at companies listed on the Stock Exchange Year 2011-2014. The data used in this study are... more
The purpose of this study was to examine and analyze the eff ect of accounting earnings and operating cash fl ow to stock return through share price at companies listed on the Stock Exchange Year 2011-2014. The data used in this study are secondary data from the fi nancial statements of companies listed on the Indonesia Stock Exchange period 2011-2014. The data are in the form of fi nancial statements can be obtained from the Indonesian Capital Market Directory (ICMD), the IDX website www.idx.co. id as well as from various other sources to support this research. The population in this research is manufacturing companies listed on the Stock Exchange the period 2011-2014. The samples taken by the sampling technique used purposive sampling. From the test results and analysis of the data it can be concluded that the accounting earnings and operating cash fl ow directly and indirectly has no eff ect on stock returns through stock prices showed no signifi cant results.
La paridad cambiaria dólar/ peso en la liquidez y rentabilidad de las MiPyMEs del sector de Confecciones en la ciudad de Cúcuta, años 2005-2008* The effect of dollar/peso exchange parity on profitability and liquidity of garment... more
La paridad cambiaria dólar/ peso en la liquidez y rentabilidad de las MiPyMEs del sector de Confecciones en la ciudad de Cúcuta, años 2005-2008* The effect of dollar/peso exchange parity on profitability and liquidity of garment micro-enterprises at Cucuta 2005-2008 A paridade cambiaria dólar/peso na liquidez e rentabilidade das MPMEs do setor de confecções na cidade de Cúcuta, anos 2005-2008
The present research has focused on the influence of liquidity management on the functioning of 15 (fifteen) listed textile sector companies at the Pakistan Stock Exchange during five years, from 2015 to 2019. Secondary data is collected... more
The present research has focused on the influence of liquidity management on the functioning of 15 (fifteen) listed textile sector companies at the Pakistan Stock Exchange during five years, from 2015 to 2019. Secondary data is collected from the companies' Annual reports. Regression analyses, descriptive statistics, as well as correlation, are used. The study shows that the current ratio and creditor payment period have a negative and considerable impression on the ROA of the selected firms. In contrast, the Quick ratio and Inventory sales period have a considerable as well as positive relationship with profitability ROA. Yet, the debtor's collection period has a worse and exceptional impact on ten existing situations leave for the firms listed. Moreover, it is suggested that the textile industry in Pakistan should pay special attention to liquidity management in order to increase profitability.
In the corporate finance literature liquidity and profitability is the main issue. Every firm tries to maximize its profits. If the firm pays too much attention on profitability, it may overlook the liquidity. In this way, the study is... more
In the corporate finance literature liquidity and profitability is the main issue. Every firm tries to maximize its profits. If the firm pays too much attention on profitability, it may overlook the liquidity. In this way, the study is conducted to know the impact and relationship between liquidity and profitability. The study covered 5 listed Banks of Pakistan over a period of past 10 years from Jan 2008 to Dec 2017. Regression, Correlation analysis and descriptive statistics were used in the analysis and results shows the liquidity and Return on assets has significant relationship, but the liquidity and Return on Equity shows insignificant relationship among the listed banks of Pakistan. Banks are suggested to work on their strategies, to enhance the usage of assets and improve yields on shareholders.