Article Per Year (5 Year)
p-Index From 2021 - 2026
0.659
P-Index
This Author published in this journals
All Journal Kontigensi: Jurnal Ilmiah Manajemen International Journal of Science and Society (IJSOC) IIJSE
Nicko Albart
Universitas Paramadina, Jakarta, Indonesia
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Industrial & Manufacturing Engineering Materials Science & Nanotechnology Social Sciences

Published : 3 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 3 Documents
Search

 1 
The Influence of Asset Structure and Capital Structure on Return on Assets Nicko Albart; Hadi Purnomo
Kontigensi : Jurnal Ilmiah Manajemen Vol 12 No 1 (2024): Kontigensi: Jurnal Ilmiah Manajemen
Publisher : Program Doktor Ilmu Manajemen, Universitas Pasundan, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56457/jimk.v12i1.536

Abstract

In a competitive business environment, PT. AirAsia Indonesia Tbk. faces challenges in enhancing financial performance through efficient asset structure management and capital structure. This study examines the impact of asset structure and capital structure on operational efficiency and profit performance of PT. AirAsia Indonesia Tbk. within a highly competitive business setting. The primary objective of this study is to understand the dynamics between financial structure, debt management, and operational efficiency in relation to the company's financial performance. Utilizing financial data from the years 2015 to 2023, this research applies path analysis to evaluate the influence of asset structure and capital structure on efficiency ratios and their subsequent impact on the company's profit performance. This study concludes that although there is a significant relationship between asset structure and capital structure with operational efficiency ratios, this relationship does not significantly affect the company's profit performance. These findings provide important insights for the management of PT. AirAsia Indonesia Tbk. in optimizing asset structure and capital structure to improve operational efficiency without a significant impact on enhancing profit performance.
The Effects of Net Profit Margin, Debt Ratio, Total Assets Turnover, and Current Ratio on the Stock Prices of IDX 30 Companies within 2018-2022 Nicko Albart; Hadi Purnomo; Ujang Suherman; Loso Judijanto; Sri Hermuningsih
International Journal of Science and Society Vol 5 No 5 (2023): International Journal of Science and Society (IJSOC)
Publisher : GoAcademica Research & Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54783/ijsoc.v5i5.907

Abstract

This research delves into the intricate relationship between financial metrics and stock prices within the Indonesian market context. Analyzing data from IDX 30 companies over the period 2018-2022, the study focuses on net profit margin, debt ratio, total assets turnover, and current ratio as key variables. The findings reveal that net profit margin exerts a positive significant influence on stock prices, highlighting the allure of profitable companies to investors. Conversely, the current ratio exhibits a negative impact, indicating the nuanced interplay between liquidity and stock valuation. Notably, total assets turnover does not significantly influence stock prices, emphasizing the multifaceted nature of investment decisions. Additionally, the study underscores the adverse effect of higher debt ratios on stock prices, reflecting investor concerns about financial leverage. These insights offer valuable implications for investors, analysts, and policymakers, enhancing our understanding of the Indonesian stock market dynamics and aiding in strategic investment planning.
Portfolio Efficiency Analysis of UNVR and SMGR Using the Efficient Frontier Approach: A Comparative Study in the Framework of Indonesia’s Green Economy Commitment Poppy Yuliani; Hardiansyah Hardiansyah; Nicko Albart
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.8067

Abstract

This research examines the efficiency of investment portfolios comprising PT Unilever Indonesia Tbk (UNVR) and PT Semen Indonesia Tbk (SMGR) by applying the Efficient Frontier method, contextualized within Indonesia’s commitment to a green economy. The study’s novelty lies in its integration of quantitative financial modeling with the broader agenda of low-carbon national development. The primary aim is to assess and compare the risk-return characteristics of UNVR and SMGR stocks and to identify the most optimal portfolio composition. The analysis utilizes daily stock price data from 2024 and includes calculations of returns, risk (standard deviation), the Sharpe ratio, and stock correlation. Empirical findings indicate that UNVR yields an expected return of -0.24% with a 2.50% standard deviation, while SMGR shows an expected return of 0.26% with a 2.17% standard deviation. The correlation coefficient of 0.081 between the two stocks reflects a weak relationship, highlighting the potential for effective diversification. The combined portfolio demonstrates superior efficiency in balancing risk and return compared to holding individual stocks. These results suggest that investors can align sustainability goals with diversification strategies to advance Indonesia’s green economic objectives.
Co-Authors Hadi Purnomo Hardiansyah Loso Judijanto Poppy Yuliani Sri Hermuningsih Ujang Suherman