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Asset Optimization in Gili Air Island, Lombok I Wayan Priyana Sudharma; Dian Ayu Rahmadani; Putu Ayu Meidha Suwandewi
Advances in Global Economics and Business Journal Vol. 2 No. 2 (2021): Advances in Global Economics and Business Journal (AGEBJ)
Publisher : Global Academia Publisher

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Abstract

Gili Air Island is one of the three islands located in North Lombok Regency, Indonesia. It is a part of the Gili Tramena National Tourism Strategic Area. Tourism in Gili had been proliferating in 2013-2017. Due to the Lombok earthquake in mid-2018 and Covid-19 pandemic, however, tourism on the island has not yet reached its maximum potential. This paper applied Highest and Best Use (HBU) analysis to determine the most economic benefits an asset can provide. HBU analysis aims to determine whether or not the property is being used for its most profitable permitted use. The results of the HBU analysis show that the private villa covering an area of ​​1,144 m² results in an NPV value IDR20,100,000,000 and the land value is IDR3,090,000,000 or an increase of 85.47% from its original value.
ANALISIS NILAI PERUSAHAAN PADA PERUSAHAAN LQ45 YANG TERDAFTAR DI BURSA EFEK INDONESIA Ni Putu Lisa Ernawatiningsih; Putu Ayu Meidha Suwandewi
Jurnal Bakti Saraswati (JBS) Vol. 14 No. 1 (2025): Jurnal Bakti Saraswati Vol. 14 No 1, Maret 2025
Publisher : Lembaga Penelitian dan Pengabdian Masyarakat (LPPM), Universitas Mahasaraswati Denpasar, Bali, Indonesia

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Abstract

The Indonesia Stock Exchange (IDX) is a capital market in Indonesia. The Indonesia Stock Exchange plays an important role as a means for people to invest, which is an alternative investment. For companies, the IDX helps companies to obtain additional capital by going public, namely the activity of offering shares or other securities carried out by issuers (companies that go public) to the public based on the procedures regulated by the Capital Market Law and its Implementing Regulations. Financial instruments traded on the capital market include shares, bonds, warrants, rights, convertible bonds, and various derivative products such as options (put or call). Company value is the price that buyers are willing to pay if the company is sold. The price of securities indicates the value of the company as an investor's assessment of the company's future profits and the quality of the company's management. This study aims to test and obtain empirical evidence of the influence of financial ratios and company size on company value in LQ45 companies listed on the Indonesia Stock Exchange (IDX) in 2021-2023. The population of this study is LQ45 companies listed on the Indonesia Stock Exchange (IDX) in 2021-2023. The sample in this study was 20 LQ45 companies determined based on the purposive sampling method with an observation period of 3 (three) years from 2021 to 2023, so the amount of data used was 60 data. The data analysis technique used to test the hypothesis is the Multiple Linear Analysis Technique. The results of the study indicate that Return On Equity (ROE) has a positive effect on company value. While Current Ratio (CR), Debt To Equity Ratio (DER), Total Turnover Ratio (TATO) and Company Size do not affect company valuea.