Penggunaan Metode Altman Z-Score Dalam Analisis Risiko Keuangan PT. BTPN Syariah, Tbk.

2020 ◽  
Vol 10 (1) ◽  
pp. 15
Author(s):  
Lily Rahmawati Harahap ◽  
Shara Wulandari ◽  
Ellys Thoyib ◽  
R Y Effendy
Keyword(s):  
Financial Performance ◽  
Financial Risk ◽  
Financial Institution ◽  
Balance Sheet ◽  
Sampling Technique ◽  
Risk Level ◽  
Z Score ◽  
Income Statement ◽  
High Level ◽  
Level Of Risk

The purpose of writing this article is to find out how the Altman Z-Score discriminant analysis method has a simple role in conducting financial risk analysis. As an object, PT. Bank Tabungan Pensiunan Nasional Syariah (BTPN Syariah), Tbk. Selected by non-random sampling with purposive sampling technique through the website. PT. BTPN Syariah, Tbk. is one of a financial institution that has a role in Indonesia's economy. As an intermediary, PT BTPN Syariah, Tbk. can not avoid risks, both in the form of financial and non-financial risks. To deal with these risks, one important element is to improve its financial performance. One of the depictions of financial performance can be known from the value obtained by using the Altman Z-Score analysis. The data used in this study are secondary in the form of financial statements, which consist of the balance sheet and income statement. The time period taken as data is the period from 2014 to 2018. After each data is obtained and studied then analyzed by using the Altman Z-Score method. So it can be seen what level of risk PT. BTPN Syariah, Tbk. has, whether the low level of risk, grey area, or high level of risk. From the data analysis, it was found that the level of financial risk of PT. BTPN Syariah, Tbk. is in the low-risk level category. In other words, it describes the company that is not bankrupt. This is indicated by the acquisition value of Z-Score > 2.6 which is 5.7438 in 2014, 6.7326 in 2015, 6.9953 in 2016, 8.2041 in 2017, and 7.2012 in 2018.

ANALISIS LAPORAN KEUANGAN UNTUK MENILAI KINERJA KEUANGAN PT. ASTRA AGRO LESTARI Tbk

2019 ◽  
Vol 5 (2) ◽  
pp. 75-88
Author(s):  
M. Shobihin ◽  
Sayekti Suindyah Dwiningwarni ◽  
Supriadi Supriadi
Keyword(s):  
Financial Performance ◽  
Good Condition ◽  
Balance Sheet ◽  
Financial Statements ◽  
Ratio Analysis ◽  
Business Decisions ◽  
Financial Ratio ◽  
Financial Ratio Analysis ◽  
Income Statement ◽  
Quantitative Descriptive

The financial statements serve as a benchmark in assessing the financial performance of the company as the basis for making business decisions. The motivation in conducting this research is to support previous research to see the development condition of one of the oil palm plantation companies. The purpose of this study is to assess the financial performance by using financial ratio analysis and horizontal analysis. The method used in this research is Quantitative Descriptive with analysis design using Term series Analysis. The result of the research based on financial ratio analysis shows the liquidity ratio and solvency ratio in good condition, while the activity ratio and profitability ratio are not good because it is below the industry average of similar companies. Based on horizontal analysis, financial performance fluctuated and influenced internal and external factors such as operational performance and the average price of world palm oil. The limitations of this study are using only two analytical tools and financial statements analyzed only the balance sheet and income statement.

scholarly journals ANALISIS RISIKO BENCANA TANAH LONGSOR DI KECAMATAN SUKASADA, KABUPATEN BULELENG

2016 ◽  
Vol 10 (1) ◽  
pp. 54
Author(s):  
I Wayan Gede Eka Saputra ◽  
I.P.G. Ardhana ◽  
I Wayan Sandi Adnyana
Keyword(s):  
Disaster Risk ◽  
Risk Level ◽  
Moderate Risk ◽  
Area Index ◽  
Risk Levels ◽  
Threat Level ◽  
Ground Conditions ◽  
Mitigation Effort ◽  
High Level ◽  
Level Of Risk

Sukasada Sub-District is a region that is largely a hilly area with steep slopes, rainfall intensity is high enough and unstable ground conditions. This leads that the Sub-District of Sukasada becomes potential for the occurrence of landslides. Mitigation effort is therefore necessary to reduce the risk of landslides that may occur. The purpose of this study was to determine the level of threats, vulnerabilities and capacities of level landslides in Sub-District of Sukasada. In addition to the above objectives, the study also aims to formulate strategies for disaster risk reduction of landslides in the Sub-District of Sukasada. The results showed the threat of landslides in the Sub-District of Sukasada is covering 11.169 hectares or 69,51% of the total area. High threat level area is around 727 hectares, the threat level is covering 7.717 hectares and a low threat level area is around 2.725 hectares. The level of vulnerability of landslides in Sub- District of Sukasada ranges from moderate to high. The highest vulnerability level (0.83) is located in some villages, such as: Pancasari, Pegayaman, Panji and Panji Anom Village. While the lowest level of vulnerability (0.66) is in Padangbulia Village. The level of local capacity to landslides in the Sub-District of Sukasada is low, with the resistance area index of 40,25 or capacity level of 0,2349. The level of risk of landslides in the Sub-District of Sukasada is classified as moderate to high. Areas with moderate risk levels are covering 2.032 hectares and a high level of risk covering 7.171 hectares. Strategies that can be done to cope with disaster risk are to reduce the threat, reduce vulnerability and increase capacity. Areas with moderate risk level can be done non-structural mitigation. Structural mitigation can be done in areas with a high level of risk.

scholarly journals Financial Performance of Janapriya Multiple Campus Pokhara

2018 ◽  
Vol 7 (1) ◽  
pp. 35-45
Author(s):  
Hari Bahadur Bhandari
Keyword(s):  
Performance Analysis ◽  
Financial Performance ◽  
Recovery Rate ◽  
Balance Sheet ◽  
Cost Recovery ◽  
Financial Statement ◽  
Development Fund ◽  
Income Statement ◽  
Internal Sources ◽  
Profitability Ratios

Financial performance analysis is based on financial statement. Financial statement is the final product of accounting process. Fundamentally, financial performance analysis refers to financial statement analysis to identify financial strength and weaknesses by establishing appropriate relationship among the figures of income statement and balance sheet. The main objective behind this study was to assess the financial performance of Janapriya Multiple Campus (JMC). Beside this, it also aimed to compare the financial performance and analyze the financial changes over a period of five years along with examining the cost recovery rate of JMC. This research was done with the help of secondary data entirely gathered from the annual report and official documents of the campus. The financial performance measured by using various financial/accounting and statistical tools such as common size financial statement, horizontal trend percent analysis, profitability ratios, mean and standard deviation. Based on the analysis, internal sources of fund including reserve and surplus, long term fund and campus development fund contribute more than 65% of the total liabilities/total assets. The highest percentage of permanent capital and fixed assets denote that the durable assets and fixed deposit amount were covered by the internal sources of fund. Findings have been arrived that the campus has got enough current assets to meet its current liabilities. The income statement shows total revenues increased every year at good rate and profit also increased every year except the years of 2070/71 and 071/72. In average, all profitability ratios are positive. Moreover, the analysis of collected data showed that there is no high fluctuation in the calculated profitability ratios and cost recovery rate. There exist positive relationship between revenue and expenses but the relationship is insignificant. Revenue explains 52.3 percent variation of variation in expenses. However, the institution is financially viable and there is a strong possibility to make money in long run.

scholarly journals Analisis NPM, ROA, dan ROE dalam Mengukur Kinerja Keuangan

2019 ◽  
Vol 28 (02) ◽  
pp. 254-266
Author(s):  
Slamet Heri Winarno
Keyword(s):  
Financial Performance ◽  
Balance Sheet ◽  
Financial Statement ◽  
Company Performance ◽  
Return On Assets ◽  
Return On Equity ◽  
Average Ratio ◽  
Profitability Analysis ◽  
Income Statement ◽  
Net Profit

This research aims to determine the financial performance of an expedition company based on company profitability analysis. Indicators of profitability used include the ratio of Net Profit Margin (NPM), Return On Assets (ROA) and Return On Equity (ROE) in 2016 to 2018. Assessment of company performance is done by comparing the rentability ratio with the average ratio Industry and Bank Indonesia standards. The data used are financial statement data that is balance sheet and income statement report for year 2014 until 2016. Result of research indicate that overall rentability performance show good value, but compared with industry average performance of NPM year 2014 show less result Good, while ROA and ROE performance during 2015 and 2016 has not shown satisfactory results because it is below the industry average. Overall financial performance of the company can be said good.

scholarly journals Analisis Kinerja Keuangan dengan Menggunakan Metode Common Size pada PT. Holcim Indonesia Tbk

2019 ◽  
Vol 3 (1) ◽  
pp. 153-159
Author(s):  
Riri Rifardi ◽  
R. Deni Muhammad Danial ◽  
Dicky Jhoansyah
Keyword(s):  
Financial Performance ◽  
Balance Sheet ◽  
Financial Statements ◽  
Profit Margin ◽  
Short Term ◽  
Descriptive Research ◽  
Income Statement ◽  
Net Profit ◽  
Margin Of Safety ◽  
The Common

Financial statements are used as a tool to find out how the financial performance of the company and can produce useful conclusions. This study aims to determine the financial performance of PT. Holcim Indonesia Tbk, which headlined the 2013-2017 balance sheet and income statement using the common size method. The research method applied in this study is to use descriptive research with a quantitative approach. The results of research conducted indicate the current assets of PT. Holcim Indonesia Tbk is not comparable with the short-term liabilities that are borne by the company, this shows the low liquidity of the company, from solvency, the company uses the capital on the assets of most of the liabilities owned, thus decreasing the level of company sovability and can make a low margin of safety for creditor. Judging from the income statement, it shows that the marketing strategy of the company is not good, as seen from the increase in cost of goods sold and making the gross profit margin decrease. For the company's ability to generate profits, the company's net profit margin from year to year has decreased to a loss in 2016-2017. This shows that financial performance has deteriorated because the company's profitability has always declined to the point of loss. Keywords: Financial Performance, Financial Statements, Common Size Method.

scholarly journals Analysis of the Return and Risk of Investment in Insurance Companies Listed on the Indonesia Stock Exchange

At-Taqaddum ◽  
2021 ◽  
Vol 13 (1) ◽  
pp. 57-72
Author(s):  
Aizzah Sifaur Robbyah ◽  
Ferry Khusnul Mubarok ◽  
Rahman El Junusi ◽  
Rofiul Wahyudi
Keyword(s):  
Exchange Rate ◽  
Return On Investment ◽  
Inflation Rate ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Insurance Companies ◽  
Risk And Return ◽  
Foreign Currencies ◽  
High Level ◽  
Level Of Risk

The return and risk of stock investment have a high level of volatility because it depends on fundamental and technical conditions and the influence of micro and macro variables. This study aims to determine the risk and return on investment in insurance companies and analyze the effect of macroeconomic variables on the level of risk and return on investment in insurance companies. The sampling technique used was purposive sampling.  Data analysis shows that for three years, Asuransi Jasa Tania Tbk has the highest level of conclusion, which is 22.3%, and Asuransi Harta Aman Pratama Tbk. has the lowest rate of -3.3%. For three years, the value of Gross Domestic Product has increased successively so that this will cause a stock return that is proportional to the level of risk that will be faced. Changes in the inflation rate up and down for three consecutive years have a different effect every year where when the inflation rate decreases, the rate of return on investment will be high. In addition, the interest rate decreased from 4.75% in 2016 to 4.25% in 2017. Then it increased to 6.00% in 2018. The Rupiah exchange rate against the dollar is getting weaker, indicating an increase in the exchange rate. Every year from 2016 to 2018. When the rupiah exchange rate weakens, people will choose to invest in foreign currencies because the value of these foreign currencies can determine the size of the risk of a business.

scholarly journals Analisis Kinerja Keuangan dengan Metode Economic Value Added (EVA) (Studi pada PT. Behin Karya Tahun 2015-2019 )

2020 ◽  
Vol 5 (2) ◽  
Author(s):  
Ali Muhajir
Keyword(s):  
Financial Performance ◽  
Economic Value ◽  
Balance Sheet ◽  
Value Added ◽  
Financial Statements ◽  
Economic Value Added ◽  
Operating Profit ◽  
Income Statement ◽  
Descriptive Method ◽  
Very High

This study sample aims to measure the financial performance of PT. Behin Karya in 2015-2019 using the economic value added (EVA) method. This study uses a descriptive method with a quantitative approach. The population in this study is the financial statements of PT. Behin Karya 2015-2019. This study’s sample is the company's financial statements, especially the balance sheet and income statement. The results showed that the overall financial performance of PT. Behin Karya, using the Economic Value Added (EVA) method is excelent, because it has succeeded in achieving a positive value, despite fluctuating. This is because the operating profit generated by the company in 2015-2019 is very high so that it can be compared between the capital charges value and the NOPAT value that the NOPAT value is higher than the capital charges value. Keywords: financial performance; economic value added (EVA)

scholarly journals Analisis Perbandingan Kinerja Keuangan PT Bank Syariah Mandiri Dengan Menggunakan Pendekatan Laba Rugi Dan Nilai Tambah Periode Tahun 2016-2020

2021 ◽  
Vol 9 (2) ◽  
Author(s):  
Nuri Fitriani ◽  
Ratih Puspitasari
Keyword(s):  
Financial Performance ◽  
Balance Sheet ◽  
Value Added ◽  
Financial Statements ◽  
Added Value ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Income Statement

The analysis of the financial performance of Islamic banks so far has been carried out only based on the balance sheet and income statements, not using the value added report as recommended by Baydoun and Willet (2000), an expert in Islamic accounting. The purpose of this research is to review the financial performance of Islamic banking by comparing the results of financial performance using the profit and loss approach and those using added value. To obtain accurate evidence regarding differences in the financial performance of Islamic banking when calculated using the profit and loss approach and added value, it is seen from the ratio of ROA, ROE, LBAP, NPM and BOPO. This study took a sample on the financial statements of PT. Bank Syariah Mandiri 2016 to 2020.     Keywords: Financial Performance, Income Statement, Value Added Report

scholarly journals Analisis Rasio Laporan Keuangan Untuk Menilai Kinerja Keuangan Pada PT Bank SUMUT

2020 ◽  
Vol 4 (2) ◽  
pp. 50
Author(s):  
Eva Malina Simatupang
Keyword(s):  
Data Collection ◽  
Financial Performance ◽  
Balance Sheet ◽  
Secondary Data ◽  
Ratio Analysis ◽  
Analysis Techniques ◽  
Income Statement ◽  
Processing Techniques ◽  
Solvency Ratio ◽  
Profitability Ratios

This study aims to assess the financial performance of PT Bank SUMUT in terms of liquidity ratios, profitability ratios, and solvency ratios in period 2015-2017. The type of data used in this study is secondary data, that is balance sheet and income statement. Data collection in this study uses documentation and data processing techniques using ratio analysis techniques. The conclusion of this study is in terms of its liquidity ratio, PT Bank SUMUT's financial performance is quite good, in terms of its profitability ratio, PT Bank SUMUT's financial performance is not good, and in terms of its solvency ratio, PT Bank SUMUT's financial performance is quite good.

scholarly journals The human-elephant conflict: mapping the elephant area and the level of conflict vulnerability in the Mila Landscape, Pidie District, Aceh, Indonesia

2022 ◽  
Vol 956 (1) ◽  
pp. 012008
Author(s):  
R Rachmawaty ◽  
A Abdullah ◽  
K Khairil ◽  
D Syafrianti ◽  
A M Daud ◽  
...  
Keyword(s):  
High Risk ◽  
Sampling Technique ◽  
Low Risk ◽  
Risk Level ◽  
Medium Risk ◽  
In The Wild ◽  
Human Conflict ◽  
Conflict Risk ◽  
Observation Method ◽  
Level Of Risk

Abstract Elephants are designated as endangered animals because their population in the wild continues to decline. One of the causes of its extinction is the threat of conflict between elephants and humans. The conflict between Sumatran elephants and humans in Aceh continues to increase every year, but there is no resolution to this conflict. This study was aimed to analyse the level of risk of elephant-human conflict in the Mila area and map the conflict areas. The method used was the observation method with the purposive sampling technique. The data was analysed using the disaster risk formula. The results of the analysis of the risk level of elephant-human conflict in Mila District showed that the high-risk level was in Tuha Lala Village (35.24%), Babah Jurong Village (35.22%) and Kumbang Village (35.04%). The level of risk was moderate in Krueng Lala Village (27.64%), Andeue Mosque Village (30.38%) and Dayah Andeue Village (33.38%). Meanwhile, areas with a low-risk level were Kulu Village (21.65%) and Dayah Sinthop Village (20.32%). The mapping of conflict risk areas was coloured red for high risk, yellow for medium risk and green for low risk. The conclusion in this study is that Tula Lala Village, Babah Jurong Village and Kumbang Village are areas with high conflict marked in red. Krueng Lala Village, Andeu Mosque Village and Andeue Dayah Village are areas with moderate conflict which are marked in yellow. Meanwhile, Kulu Village and Dayah Sinthop Village are areas with low conflict marked in green.

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