Financial Analysis of Handline Tuna Fishing Units in Cilacap Ocean Fishing Port - Central Java

Rico Evan Aryanda (Program Studi Teknik Penangkapan Ikan, Politeknik Kelautan dan Perikanan Karawang, Karawang, Indonesia)
Robet Perangin-angin (Program Studi Teknik Penangkapan Ikan, Politeknik Kelautan dan Perikanan Karawang, Karawang, Indonesia)
Suharyanto Suharyanto (Politeknik Kelautan dan Perikanan Karawang)
Dendi Haris (Program Studi Teknik Penangkapan Ikan, Politeknik Kelautan dan Perikanan Karawang, Karawang, Indonesia)
Dian Sutono (Program Studi Teknik Penangkapan Ikan, Politeknik Kelautan dan Perikanan Karawang, Karawang, Indonesia)
Maman Hermawan (Program Studi Teknologi Penangkapan Ikan, Politeknik AUP, Jakarta, Indonesia)
Goenaryo Goenaryo (Program Studi Teknologi Penangkapan Ikan, Politeknik AUP, Jakarta, Indonesia)

PELAGICUS: Jurnal IPTEK Terapan Perikanan dan Kelautan
Volume 4 Nomor 1 Tahun 2023

The purpose of this study is to determine the feasibility of the tuna handline business on ships based at the Cilacap Ocean Fisheries Port (PPS), Central Java. The financial analysis uses 6 indicators in determining business feasibility, including R/C Ratio, B/C Ratio, Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period (PP), and ROI (Return On Investment). Financial analysis based on 6 financial indicators obtained values including an R/C Ratio of 1.49, Payback Period (PP) for 4 years, Return On Investment (ROI) of 2.4%, Net Present Value (NPV) of IDR 3,738,751,559, B/C Ratio of 3.57 and Internal Rate of Return (IRR) of 48.2%. So that it can be stated that the tuna handline business is financially feasible.