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Effect of Cash Ratio and Debt to Asset Ratio on Net Profit Margin at PT. Indocement Tunggal Prakarsa Tbk Sri Sugiarti; Nadia Ulfa Nasution
Journal of Research in Business, Economics, and Education Vol. 3 No. 6 (2021): December Edition
Publisher : Kusuma Negara Business School

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Abstract

Cash is part of the liquidity ratio which is liquid which is commonly used in companies in carrying out their activities, debt is an obligation that must be paid by a company where debt is part of the solvency ratio and profit is the result of sales obtained by the company where this ratio is part of the profitability ratio. The independent variable used in this study is the Cash Ratio which is able to measure the availability of cash owned by the company to pay its current debts and the Debt to Asset Ratio to measure the amount of assets owned by the company in paying its debts, while the dependent variable is the Net Profit Margin used To calculate the net profit generated by the company on sales made by the company, the formulation of the problem formulated is the effect of the Cash Ratio and Debt to Asset Ratio on the Net Profit Margin. The methodology used is using SPSS version 22. With the results obtained that the correlation value is 0.980 where this number is close to 1, which means that there is a strong correlation between the variables, from the coefficient of determination which gives an effect of 93.4% and the rest influenced by other variables, and from the calculated F value of 36.251 with a significant value of 0.05 and F table of 6.944 which shows the calculated F value is greater than F table which means Ho is rejected and Ha is accepted which means that the Cash Ratio and Debt to Asset Ratio simultaneously have a significant influence on the Net Profit Margin.
Pengaruh Price Book Value (PBV) dan Net Profit Margin (NPM) terhadap Return Saham pada P.T. Elnusa, Tbk Sri Sugiarti; Andreas
Formosa Journal of Multidisciplinary Research Vol. 1 No. 3 (2022): July 2022
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjmr.v1i3.594

Abstract

Pasar modal merupakan tempat mobilisasi dana yang bersumber dari masyarakat sebagai investor ke berbagai sektor usaha yang membutuhkan. Investor akan memperhatikan kinerja perusahan melaui rasio antara lain Price Book Value adalah rasio untuk membandingkan harga pasar saham terhadap nilai buku pada periode tertentu dan Net Profit Margin adalah rasio yang menyatakan keuntungan dari operasi bisnis sebagai persentase dari pendapatan atau penjualan bersih. Semakin tinggi Net Profit Margin, ini menunjukan semakin baik operasi suatu perusahaan. untuk memperoleh return saham diharapkan investor dari investasi yang dilakukan. Return saham ialah kompensasi atas biaya kesempatan (opportunity cost) serta risiko penurunan daya beli akibat adanya inflasi. Adapun rumusan masalah adalah “Apakah pengaruh Price Book Value (PBV) dan Net Profit Margin (NPM) Terhadap Return Saham Pada P.T. ELNUSA.TBK”. Pengelohan data dengan menggunakan spss.22, diperoleh pada koefisien korelasi R sebesar 0,923 ini menunujukan pengaruhnya sangat kuat, dilihat di Adjusted R Square sebesar 77,9 % artinya pengaruh PBV dan NPM terhadap Retun Saham sebesar 77,9% sedangkan sisanya 22,1 disebabkan oleh faktor lain yang tidak diteliti, sedangan pada uji F diperoleh F hitung sebesar 11,578 dan pada F tabel diperoleh 4,74 yang artinya F hitung > F tabel ( 11,578.4>4,74), ini menunjukan Ho ditolak dan Ha diterima artinya ada pengaruh PBV dan NPM terhadap Return Saham pada P.T ELNUSA, Tbk.
MARKETING FUNCTION OPTIMISATION TO INCREASE ADDED VALUE AND COMPETITIVENESS OF PALM OIL PRODUCTS: A LITERATURE REVIEW ON THE INTEGRATION OF PURCHASING, SALES, TRANSPORTATION, STORAGE, FINANCING, RISK INSURANCE, QUALITY STANDARDISATION, CLASSIFICATION, AND MARKET INFORMATION Jeffry H. Sinaulan; Eka budi Yulianti; Sri Sugiarti
INJOSEDU: International Journal of Social and Education Vol. 2 No. 11 (2026): International Journal of Social and Education (INJOSEDU)
Publisher : Adisam Publisher

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Abstract

This study analyses the optimisation of marketing functions to enhance the added value and competitiveness of Indonesian palm oil products through the holistic integration of eight key functions: purchasing, sales, transportation, storage, financing, risk insurance, quality standardisation, classification, and market information. Using a systematic literature review approach, the study consists of two main discussions: (1) the integration of operational functions that reduce transaction costs by 20-30% through the synchronisation of digital supply chains; and (2) the integration of strategic functions that support national downstreaming with a multiplier effect of Rp 3.2 trillion per Rp 1 trillion investment through sharia KUR financing, parametric insurance, and ISPO certification. The findings confirm that current marketing fragmentation causes disparities in farmer margins of £47-305/kg of fresh fruit bunches and only 65% utilisation of palm oil mills, which can be addressed through an integrated ERP-IoT-blockchain platform. Strategically, this optimisation strengthens Indonesia's position as a 55-60% global palm oil producer, supports B40 biodiesel, and meets EUDR regulations for sustainable competitiveness until 2035
OPTIMISATION OF MARKETING AND LOGISTICS SYSTEMS AS A MEANS OF ENHANCING ECONOMIC VALUE AND SUSTAINABILITY IN THE PALM OIL INDUSTRY Jeffry H. Sinaulan; Eka budi Yulianti; Sri Sugiarti
INJOSEDU: International Journal of Social and Education Vol. 3 No. 1 (2026): International Journal of Social and Education (INJOSEDU)
Publisher : Adisam Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5281/zenodo.19533309

Abstract

The palm oil industry is a strategic pillar of the Indonesian economy, making a significant contribution to Gross Domestic Product (GDP), exports and employment. However, the industry faces structural challenges in the form of a sub-optimal marketing system, a reliance on raw material exports, a negative image regarding sustainability, and logistical inefficiencies that increase distribution costs and reduce product quality. This study aims to examine strategies for optimising the marketing and logistics systems as an effort to enhance the economic value and sustainability of Indonesia’s palm oil industry. The method employed is a literature review using a descriptive qualitative approach. The research findings indicate that optimising the marketing system through the diversification of high-value derivative products (oleochemicals, biodiesel, oleofoods), strengthening sustainability certification (ISPO and RSPO), digitalising marketing (e-commerce and blockchain), and enhancing national branding can increase export value by up to 25–30 per cent and open access to premium markets. Meanwhile, optimising the logistics system through infrastructure modernisation (plantation roads, specialised ports), the integration of digital technology (Warehouse Management System, IoT, GPS tracking), the implementation of green logistics, and collaboration with state-owned logistics enterprises has the potential to reduce distribution costs by 25–30 per cent, maintain product quality, and lower the carbon footprint of the supply chain. Synergy between these two pillars creates a multiplier effect for enhancing global competitiveness, stabilising farmers’ prices, and ensuring environmental sustainability. This study recommends an integrated approach involving political commitment from the government through coherent cross-ministerial policies, sustainable investment from industry players, and inclusive multi-stakeholder collaboration to build an economical, sustainable, and inclusive palm oil industry for the welfare of the Indonesian people.