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ANALISIS LEVERAGE DAN AKTIVITAS DALAM MENGENDALIKAN PROFITABILITAS PADA PT ASTRA OTOPARTS, Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA Deby Rizki Amanda Lubis; Jubi Jubi; Ady Inrawan; Ernest Grace
JURNAL AKUNTANSI FINANCEIAL STIE SULTAN AGUNG Vol 5, No 1 (2019): Juni
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (86.706 KB) | DOI: 10.37403/financial.v5i1.88

Abstract

The purpose of this research to know: 1.  The description of leverage, activity and profitability at PT Astra Otoparts, Tbk which are listed on the Indonesia Stock Exchange. 2. What factors are cause profitability at PT Astra Otoparts, Tbk which are listed on the Indonesia Stock Exchange tend to decline.   This research was conducted using Qualitative Descriptive Analysis and Inductive Analysis. This research was conducted based on secondary data from company financial statements obtained from the Indonesia Stock Exchange.        The results of the study can be concluded that: 1. Leverage as measured by Debt to Assets Ratio (DAR) fluctuates and tends to increase. 2. Activities measured by Working Capital Turnover (WCT) fluctuate and tend to increase. 3. Profitability as measured by fluctuating Return On Assets (ROA) tends to decrease. 4. Factors that cause decreased profitability are increased business debt, increased inventory and increased cost of goods sold so that the resulting profit decreases.            The results of the study suggest: 1. It is best if the company needs to review the use of corporate debt in financing its activities by carrying out control of accounts receivable and strict supervision and evaluation periodically, so that the risk of such debts can be minimized. 2. It is better for the company to pay more attention to the management of supplies effectively and efficiently so as to produce increased sales. Effective inventory management also needs to pay attention to inventory storage so as not to overload, both obsolete inventory and unsold inventory. 3. It is better for the company to pay more attention to using its assets to generate high sales accompanied by an increase in profit after tax owned by the company to produce good profits. On the other hand the company must also consider the level of operating expenses so as not to over-pressure profits. Keywords: Leverage, Activity, and Profitability
ANALISIS DU PONT SYSTEM DALAM MENGUKUR KINERJA KEUANGAN PERUSAHAAN PADA PT FAST FOOD INDONESIA, Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA Yuni Rezki Hutasoit; Yansen Siahaan; Debi Eka Putri; Ernest Grace
JURNAL AKUNTANSI FINANCEIAL STIE SULTAN AGUNG Vol 5, No 2 (2019): Desember
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37403/financial.v5i2.109

Abstract

Dalam menganalisis kinerja keuangan perusahaan dapat dilakukan dengan menggunakan metode du pont system. Du pont system merupakan bagan yang dirancang untuk menunjukkan pengembalian atas aset yang diperoleh dari perkalian marjin laba dengan total perputaran total aset. Tujuan penelitian ini adalah: Untuk mengetahui gambaran kinerja keuangan dengan menggunakan metode du pont system dan untuk mengetahui faktor-faktor yang menyebabkan penurunan kinerja keuangan dengan menggunakan analisis du pont system pada PT Fast Food Indonesia, Tbk yang Terdaftar di Bursa Efek Indonesia. Penelitian ini dilakukan dengan metode analisis deskriptif kualitatif. Objek penelitian ini adalah laporan keuangan PT Fast Food Indonesia, Tbk  yang telah diaudit periode 2013 sampai 2017. Pengumpulan data dilakukan dengan metode dokumentasi. Teknik analisis yang digunakan adalah analisis deskriptif kualitatif dan analisis induktif. Hasil analisis dapat disimpulkan bahwa Net Profit Margin (NPM), Asset Turnover (ATO), Return On Asset (ROA) dan Return On Equity (ROE) mengalami penurunan sehingga kinerja keuangan perusahaan tersebut mengalami penurunan dan buruk. Equity Multiplier mengalami peningkatan. Faktor yang dominan menyebabkan penurunan kinerja perusahaan adalah beban pokok penjualan, beban penjualan dan distribusi, beban umum dan administrasi, beban operasi lainnya, meningkatnya beban pajak penghasilan, beban keuangan dan adanya pajak final atas penghasilan keuangan Hasil penelitian ini menyarankan sebaiknya perusahaan lebih memaksimalkan penggunaan aset, mengoptimalkan penjualan dan lebih meminimalkan beban beban.Kata kunci: Analisis Du pont System, Kinerja Keuangan
ANALISIS LIKUIDITAS, SOLVABILITAS DAN AKTIVITAS DALAM MENGENDALIKAN PROFITABILITAS PADA PT INDOMOBIL SUKSES INTERNASIONAL, Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA Rizki Kurniawan; Yansen Siahaan; Ady Inrawan; Ernest Grace
JURNAL AKUNTANSI FINANCEIAL STIE SULTAN AGUNG Vol 5, No 1 (2019): Juni
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (100.046 KB) | DOI: 10.37403/financial.v5i1.89

Abstract

The purpose of this research is to description of liquidity, solvability, activity and profitability and to know what factors cause the profitability of PT Indomobil Sukses Internasional, Tbk which are listed on the Indonesia Stock Exchange tend to decrease. The research was using qualitative desriptive analysis. The data collection was using documentation. The analysis techniques used are qualitative descriptive analysis methods and inductive analysis.The result of this research are Current Ratio (CR) tends to decrease, Debt to Asset Ratio (DAR) tends to increase,Total Asset Turn Over (TATO) tends to decrease and Return on Assets (ROA) tends to decrease. The factors that cause decreased profitability are receivables, inventories, payables, long-term bank loans that are due soon, bank debt and sales.The suggestion of this research is that it is better to issue new debt, namely long-term debt used to pay off short-term debt, consider continuing or stopping the segment of commercial vehicle sales and passengers with certain product brands that experience continuous losses, managing inventory to increase sales.Keywords: Liquidity, Solvability, Activity and Profitability
PENGARUH LEVERAGE DAN AKTIVITAS TERHADAP PROFITABILITAS PADA PERUSAHAAN SUB SEKTOR TEKSTIL DAN GARMEN YANG TERDAFTAR DI BURSA EFEK INDONESIA Laurentia Brahmana; Liper Siregar; Jubi Jubi; Ernest Grace
JURNAL AKUNTANSI FINANCEIAL STIE SULTAN AGUNG Vol 4, No 1 (2018): Juni
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (116.314 KB) | DOI: 10.37403/financial.v4i1.72

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AbstrakTujuan dari penelitian ini adalah 1) untuk mengetahui gambaran leverage, aktivitas dan profitabilitas serta untuk mengetahui pengaruh leverage dan aktivitas terhadap profitabilitas pada Perusahaan Sub Sektor Tekstil dan Garmen yang terdaftar di Bursa Efek Indonesia baik secara simultan maupun parsial. Penelitian ini dilakukan dengan menggunakan metode analisis deskriptif kualitatif dan  kuantitatif. Pengumpulan data dilakukan dengan teknik dokumentasi. Teknik analisis data yang digunakan adalah persamaan regresi berganda, koefisien korelasi, determinasi, uji simultan (Uji F), dan uji parsial (Uji t) dengan bantuan software statistic SPSS versi 21.Hasil dari persamaan regresi berganda pada penelitian ini yaitu Y=-0,025+0,039X1+0,009X2. Dari hasil uji F diperoleh H0 ditolak, aktivitas berpengaruh signifikan terhadap profitabilitas pada Perusahaan Sub Sektor Tekstil dan Garmen yang Terdaftar di Bursa Efek Indonesia.Dari uji t diperoleh variabel leverage mempunyai nilai,H0 diterima, leverage berpengaruh tidak signifikan terhadap profitabilitas Variabel aktivitas H0 ditolak menunjukkan bahwa aktivitas berpengaruh signifikan terhadap profitabilitas.Dari hasil uji korelasi diperoleh nilai r sebesar 0,548 menunjukkan hubungan antara leverage dan aktivitas  terhadap profitabilitas pada Perusahaan Sub Sektor Tekstil dan Garmen yang Terdaftar di Bursa Efek Indonesia periode 2014-2016 adalah sedang. Determinasi (R) diperoleh hasil sebesar 0,300 atau 30,0% dan sisanya 70,0% dijelaskan oleh variabel lain yang tidak dimasukkan dalam penilitian ini.Saran dalam penelitian ini adalah Sebaiknya perusahaan mengendalikan pendanaan menggunakan hutang,Sebaiknya perusahaan mengelola persediaannya agar cepat menjadi kas sehingga tidak tertanam menjadi piutang perusahaan, dan menambah jumlah aset supaya volume penjualan meningkat dan diharapkan dapat meningkatkan laba yang besar bagi perusahaan.Kata Kunci: Leverage, Aktivitas, Profitabilitas
LEVERAGE DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN SERTA UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERAT PADA PERUSAHAAN MAKANAN DAN MINUMAN Yerisma Welly; Elly Susanti; Khairul Azwar; Ernest Grace
JURNAL AKUNTANSI FINANCEIAL STIE SULTAN AGUNG Vol 5, No 2 (2019): Desember
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37403/financial.v5i2.115

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Tujuan penelitian ini untuk mengetahui gambaran leverage, profitabilitas, ukuran perusahaan dan nilai perusahaan, pengaruh leverage dan profitabilitas terhadap nilai perusahaan baik secara simultan maupun parsial serta kemampuan ukuran perusahaan dalam memoderasi hubungan leverage dan profitabilitas dengan nilai perusahaan pada perusahaan makanan dan minuman yang terdaftar di BEI periode 2013-2017. Populasi dalam penelitian ini sebanyak 18 perusahaan dan kriteria pengambilan sampel menggunakan purposive sampling sehingga sampel dalam penelitian ini sebanyak 6 perusahaan. Desain penelitian yang digunakan adalah penelitian kepustakaan. Teknik analisis data menggunakan uji asumsi klasik, analisis deskriptif kualitatif dan kuantitatif. Hasil penelitian menunjukkan leverage, profitabilitas dan nilai perusahaan mengalami penurunan sedangkan Size mengalami peningkatan. Hasil uji hipotesis pertama menunjukkan bahwa secara simultan leverage dan profitabilitas berpengaruh terhadap nilai perusahaan, sedangkan secara parsial leverage berpengaruh negatif dan tidak signifikan terhadap nilai perusahaan dan untuk nilai profitabilitas berpengaruh positif dan signifikan. Hasil uji hipotesis kedua disimpulkan bahwa ukuran perusahaan mampu memoderasi namun tidak signifikan hubungan leverage dan profitabilitas dengan nilai perusahaan pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia periode 2013-2017.Kata Kunci: Leverage, Profitabilitas, Ukuran Perusahaan dan Nilai Perusahaan
PRODUCT QUALITY AND CUSTOMER SATISFACTION AND THEIR EFFECT ON CONSUMER LOYALTY Ernest Grace; Rosita Manawari Girsang; Sudung Simatupang; Vivi Candra; Novelyn Sidabutar
International Journal of Social Science Vol. 1 No. 2: August 2021
Publisher : Bajang Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53625/ijss.v1i2.138

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The results of this study are to see whether the influence of product quality and customer satisfaction on consumer loyalty is found at Mandiri Jaya Mobil Pematangsiantar whose business is engaged in buying and selling new and used cars, with a total of 130 consumers and using validity, reliability, normality test, and analysis instruments. the coefficient of determination, as well as simple and multiple regression equations as well as the t hypothesis test and F test. Then a conclusion is generated that for the partial hypothesis answer it is found that the influence of product quality variables has a positive and significant effect on consumer loyalty then consumer satisfaction has a positive and significant effect on consumer loyalty and for the simultaneous test to produce answers to the hypothesis that simultaneously there is a positive and significant influence on product quality and consumer satisfaction on consumer loyalty. This shows that when product quality is getting better, and satisfaction is achieved, loyalty will persist.
Harga dan Kualitas Pelayanan Serta Pengaruhnya Terhadap Kepuasan Pelanggan Ernest Grace; Onita Sari Sinaga; Marto Silalahi; Marthin Hutler Ambarita; Sudung Simatupang
Poltanesa Vol 23 No 1 (2022): Juni 2022
Publisher : P2M Politeknik Pertanian Negeri Samarinda

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (474.091 KB) | DOI: 10.51967/tanesa.v23i1.931

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Kepuasan pelanggan merupakan faktor penting dalam kehidupan suatu bisnis, dan kepuasan tersebut dapat dipengaruhi oleh harga dan kualitas pelayanan. Tujuan dari penelitian ini untuk mengetahui pengaruh harga dan kualitas pelayanan terhadap kepuasan pelanggan. Hasil penelitian ditemukan bahwa seluruh variabel dinyatakan valid dan reliabel. Variabel harga memiliki pengaruh positif dan signifikan secara parsial terhadap kepuasan pelanggan, kualitas pelayanan memiliki pengaruh positif dan signifikan secara parsial terhadap kepuasan pelanggan. Secara simultan bahwa harga dan kualitas pelayanan memiliki pengaruh positifdan signifikan terhadap kepuasan pelanggan. Kualitas pelayanan merupakan faktor yang paling dominan dibandingkan harga dalam mempengaruhi kepuasan pelanggan. Dengan harga yang baik dan kualitas pelayanan yang baik maka akan meningkatkan kepuasan pelanggan.
Peran ROE Terhadap Pengaruh DER Dan Firm Size Pada Tobin’s Q Sub Sektor Kabel Yang Terdaftar Di BEI Nelly Ervina; Yerisma Welly; Ernest Grace
Jesya (Jurnal Ekonomi dan Ekonomi Syariah) Vol 3 No 2 (2020): Article Research
Publisher : LPPM Sekolah Tinggi Ilmu Ekonomi Al-Washliyah Sibolga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (340.919 KB) | DOI: 10.36778/jesya.v3i2.226

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This study aims to look at the effect of firm size and DER on Tobin's Q and ROE's ability to moderate the relationship of firm size and DER with Tobin's Q in the cable sub-sectors listed on the Indonesia Stock Exchange in the 2014-2018 period. The research sample is cable sub-sector companies listed on the Stock Exchange in the 2014-2018 period. Data analysis techniques using multiple regression tests, moderation regression tests, hypothesis testing (f test and t test) and MRA test. The results of this study indicate the test of multiple linear regression that is confirm size and DER has a positive effect on Tobin's Q. Moderated regression test with interaction test that is ROE strengthens firm-sized and DER relationships with Tobin's Q. Test R and R2 namely there is a strong relationship between firm size and DER variables with Tobin's Q variable Tests that firm size and DER have a significant effect on Tobin's Q. The second hypothesis test, ROE is able to moderate but not significantly relationship firm size and DER with Tobin's Q
Behavioral Stimulus for Using Bank Mestika Mobile Banking Services: UTAUT2 Model Perspective Fenny Krisna Marpaung; Reni Shinta Dewi; Ernest Grace; Acai Sudirman; Maria Sugiat
Golden Ratio of Marketing and Applied Psychology of Business Vol. 1 No. 2 (2021): February - June
Publisher : Manunggal Halim Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (502.328 KB) | DOI: 10.52970/grmapb.v1i2.68

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The existence of mobile banking services is currently experiencing rapid growth. Adopting such a large number of users makes mobile banking services one of the main needs to meet the needs of conducting financial transactions. Therefore, there is a need for additional information for mobile banking service developers on the dominant factors influencing user behavioral intentions. This research is present as a forum to provide an overview of the user's perspective on Mestika bank's mobile banking service. This research aims to find out what factors play an important role in behavioral intention to use Mestika bank's mobile banking services based on the UTAUT2 concept. The research instrument used a questionnaire distributed online to 240 respondents in Medan City and Pematangsiantar City, Indonesia. Next, the researcher tested the hypothesis using Structural Equation Modeling (SEM) based on a variant called Partial Least Square (PLS) and the SmartPLS version 3.0 application as a tool to analyze it. This research concludes that effort expectancy has the most significant influence and plays a very important role in shaping the behavioral intention of using Mestika bank's mobile banking. Then performance expectancy and social influence hedonic motivation also significantly influence behavioral intentions to use Mestika bank's mobile banking. Furthermore, the results of this study also conclude that facilitating conditions and habit have no significant effect on behavioral intentions to use Mestika bank's mobile banking.
Dampak Komitmen Organisasi terhadap Kinerja Pegawai Kantor Kecamatan Siantar Utara Kota Pematangsiantar Sudung Simatupang; Ernest Grace; Nelly Ervina; Erbin Chandra; Efendi Efendi
Jurnal Ilmiah Universitas Batanghari Jambi Vol 22, No 2 (2022): Juli
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/jiubj.v22i2.2296

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Organizational commitment has contributed to the development of human resources in the organization whose aim is to improve the performance of the organization's employees. The purpose of this study was to determine the effect of organizational commitment on employee performance at the North Siantar District Office, Pematangsiantar City. The results of the research show that the research data have valid and reliable data results, the simple regression test shows the positive regression coefficient results from organizational commitment to performance. The partial hypothesis test shows that organizational commitment has a positive and significant effect on employee performance. Employees who have low commitment can be able to improve the performance of their employees, employees who have low commitment will produce low employee performance.
Co-Authors Acai Sudirman Ahmad Fakhri Hutauruk Andy Wijaya Anita Purba Ansen Godang Bt. Sitompul April Hampego Silitonga Aryanda Nugraha Viory Simatupang Astuti Butarbutar, Marisi Butarbutar, Novita Candra, Vivi Christine D. Nainggolan Christine Dewi Nainggolan Christine Loist Damanik, Olivia Darwin Lie Debi Eka Putri Debi Eka Putri Deby Rizki Amanda Lubis Dermawan Perangin Angin Dermawan Perangin-angin Desi Susanti Desi Susanti Dharma, Edy Dumaris, Atri Efendi Efendi Efendi, Efendi EKO HAMDANI Eliza Arshandy Elly Susanti Elly Susanti Erbin Chandra Fitria Halim Hendrick Sasimtan Putra Herman Herman Herman Herman Hutapea, Dewi Kristina Injen Pardamean Butar-Butar Jubi Jubi Jubi Jubi Jubi, Jubi Juli Antasari Br Sinaga Julyanthry Julyanthry Julyanthry, Julyanthry Junita Batubara, Junita Kevin Indajang Khairul Azwar Laurentia Brahmana Liper Siregar Liper Siregar Loist Abdi Putra Manurung, Sepbeariska Maria Sugiat Marpaung, Fenny Krisna Marthin Hutler Ambarita Marto Silalahi Melvin M. Simanjuntak Nainggolan, Christine Dewi Nelly Ervina Novelyn Sidabutar Novelyn Sidabutar Novelyne Sidabutar Onita Sari Sinaga Onita Sari Sinaga Raya Panjaitan Reni Shinta Dewi Ridwin Purba Riny, Riny Rizki Kurniawan Robert Tua Siregar Rosita Manawari Girsang Rosita Manawari Girsang Saragih, Sanju Febrio Sasimtan Putra, Hendrick SATRIYAS ILYAS Sherly Sherly Silalahi, Ignastius Simatupan, Sudung Simatupang, Evelina Simatupang, Sudung Simatupang, Sudung Sinaga, Onita Sari Sisca Sisca Sudung Simatupan Sudung Simatupang SUDUNG SIMATUPANG Sugeng Santoso Virda Natesya Vivi Candra Vivi Candra Welly, Yerisma Yansen Siahaan Yuni Rezki Hutasoit