Claim Missing Document
Check
Articles

Found 2 Documents
Search
Journal : Jurnal Ilmiah Research and Development Student

ANALISIS PERBANDINGAN KINERJA KEUANGAN SEBELUM DAN SESUDAH AKUISISI (STUDI KASUS PADA PT. FIRST MEDIA TBK) M. Arya Dirgantara; Lukman Achmad; Faisal Yunas; Eka Sutisna; Muaimin
JURNAL ILMIAH RESEARCH AND DEVELOPMENT STUDENT Vol. 1 No. 2 (2023): September
Publisher : CV. ALIM'SPUBLISHING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59024/jis.v1i2.307

Abstract

This research aims to analyze whether there are differences in the company's financial performance before the acquisition and after the acquisition of PT. First Media Tbk. Financial performance is measured using a financial ratio consisting of Liquidity Ratio (Current Ratio ), Solvency Ratio ( Debt to Equity Ratio ), and Profitability Ratio (Net Profit Margin and Return on Asset ). The periods used are 2012-2014 in the period before the acquisition, and 2016-2018 in the period after the acquisition. This research uses the documentation method in retrieving data. The population of this study is PT's financial statements. First Media Tbk. Samples used are Financial Statements in 2012-2014 and 2016-2018 using purposive sampling techniques through the website ( http://www.firstmedia.co.id). The analytical methods used are descriptive Analytical methods and different tests. The different tests used are the Paired Sample T-test and the Wilcoxon Signed Rank Test, this test uses the SPSS version 26 program application. Results from studies using the Paired Sample T-test and Wilcoxon Signed Rank Test show that all research variables, Current Ratio (CR), Debt to Equity Ratio (DER), Net Profit Margin (NPM), and Return on Asset (ROA) there are no significant differences between before and after acquisition. The acquisition strategy has not been fully achieved because the conditions of various financial connections after the acquisition did not increase. The company's motives for acquisitions are economic motives where the acquisition decision is felt to be appropriate despite taking a brief relative research period
PENGARUH EFISIENSI BIAYA OPERASI (EBO), LIKUIDITAS, DAN ARUS KAS TERHADAP PROFITABILITAS PT. FASTFOOD INDONESIA TBK Eka Sutisna; Fikriah; Darwis; Nawang Darmawan; Yusri, M Iqbal Yusri
JURNAL ILMIAH RESEARCH AND DEVELOPMENT STUDENT Vol. 1 No. 2 (2023): September
Publisher : CV. ALIM'SPUBLISHING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59024/jis.v1i2.315

Abstract

The purpose of this study is to find out the effect of Operational Cost Efficiency (EBO), Liquidity, and Cash Flow on the Profitability of one of the restaurant subsector companies in Indonesia PT Fastfood Indonesia Tbk. This research is quantitative. The data collection techniques used in this study are library studies and documentation studies. The type of research data used is company secondary data in the form of annual financial statements from PT Fastfood Indonesia Tbk taken from the web official company, https://kfcku.com. The data is in the form of an annual company financial report from 2015-2020. From the test results obtained the result that the EBO had a negative and significant effect on Profitability, then Liquidity had a positive and insignificant effect on Profitability, while cash flow had a negative and insignificant effect on Profitability. Keywords: Operating Cost Efficiency (EBO), Liquidity, Cash Flow, Profitability