RoA Values Research Articles

ANALYSIS OF LIQUIDITY RATIOS AGAINST PROFITABILITY RATIOS (ROA) AT PT. MAYORA TBK. LISTED ON THE INDONESIAN STOCK EXCHANGE

This study aims to determine the analysis of the liquidity ratio (current ratio, quick ratio, and cash ratio) to the profitability ratio (return on assets) at PT MAYORA TBK listed on the Indonesia Stock Exchange for the period 2019-2023. The analysis technique used is descriptive analysis with the ratio analysis method. In this study, the current ratio value of 315% is greater than the general standard for similar industries, which is only 200%, while the Quick Ratio performs well and is satisfactory in financial terms because its average of 248% has exceeded the industry standard of only 150%, the Cash Ratio has an average value of 81% higher than the general standard for similar industries, which is 50%, and ROA can be concluded to be in accordance with the standard. PT Mayora Tbk exceeds 5%, indicating the company's ability to generate profit on sales can be said to be good because the average ROA value in this period reached 13%; therefore, the company's performance is quite satisfactory and is considered stable in 2019-2023.

Penilaian Tingkat Kesehatan Keuangan Berdasarkan Rasio Likuiditas, Solvabilitas, dan Profitabilitas Pada PT. Wilmar Cahaya Indonesia

The aim of this research is to assess the financial condition of PT. Wilmar Cahaya Indonesia in the 2019-2023 period based on liquidity, solvency and profitability ratios. The methodology used is quantitative descriptive analysis using secondary data from the company's financial reports. The research results show that although the company's liquidity is said to be liquid, a turnover ratio of more than 500% is considered too high. This indicates inadequate capital utilization. The solvency ratio shows a company's healthy financial position, identifying the company as being able to fulfill its long-term obligations. However, the profitability ratio shows poor financial health with the ratio far below standard, tends to decline, and has low ROA and ROE values. The company's inability to use resources efficiently to generate profits is the cause of this decline. Overall, even though PT Wilmar Cahaya Indonesia is liquid and solvable, its financial health for the 2019-2023 period still needs to be improved, especially in terms of profitability. The analysis shows that to increase profitability, companies must improve the effectiveness of current asset management and maximize resource utilization. This study provides an overview of the company's financial situation and can be used as a reference for future management.

Pengaruh Modal Intelektual Dan Pengungkapan Modal Intelektual Terhadap Profitabilitas Perusahaan Perbankan Yang Terdaftar Di Bei Periode 2019-2022

This study aims to determine the effect of intellectual capital and intellectual capital disclosure on the profitability of banking companies in the 2019-2022 period. Fluctuations in ROA value are one of the considerations in company profitability. The importance of intellectual capital as one of the assets owned by the company. The thoughts and ideas owned by employees are the basis of intellectual capital. The relevance of financial statements and increasing stakeholder loyalty trust can be done by disclosing intellectual capital. This study uses a quantitative method with 15 banking companies as research samples and sample determination with purposive sampling. The results showed that intellectual capital and intellectual capital disclosure partially or simultaneously showed a negative and insignificant effect on the profitability of banking companies. It can be concluded that the variables of intellectual capital and intellectual capital disclosure do not affect the profitability of banking companies in the 2019-2022 period.

Banking Performance During the Global Financial Crisis: Empirical Evidence from Bangladesh

Purpose-The Russia-Ukraine conflict and 19 pandemics have severely damaged the world economy. Banking institutions are crucial to the functioning of any economy, and their financial standing is a vital indicator of the economy's stability. Any major development, be it political or economic, has an impact on the banking industry. The dollar rate's volatility and other issues hurt the GDP. Therefore, the study examines banking performance in vulnerable global situations before and during the pandemic. This study utilizes 7 years of panel data to analyze global financial crisis banking performance. Design/methodology- Eight ratios were used to compare the banks' profitability, efficiency, liquidity position, and default risk: return on asset, asset utilization ratio, operational efficiency ratio, debt to asset ratio, loan to deposit ratio, loan to asset ratio, credit risk, and bank size. The descriptive statistics show lower ROA and AUR values for banks, but a lower CR value suggests that pandemic-era borrowers will repay their loans on time. Findings – Due to their reliance on borrowed capital, banks may be more vulnerable to default and financial leverage since they lack the liquidity to meet unforeseen requirements for funds. This is indicated by the higher mean values of DAR, LDR, and LAR. Ratio analysis shows that pre-pandemic banks profited well throughout the pandemic. State-owned banks have a worse position in profitability, efficiency, and default risk but a better position in liquidity in both study periods. Conventional banks placed first in profitability, but Islamishariah-based banks placed first in efficiency, high liquidity risk, and low default risk. Originality –This study will help bank officials find the flaw and prevent it from improving financial performance and recovering from the global crisis. This may assist bank investors and depositors in choosing wisely.

Analysis Of The Use Of Return On Asset, Return On Equity, And Economic Value Added In Assessing Company Financial Performance

The purpose of this study was to determine the financial performance of PT Unilever Indonesia Tbk., PT Gudang Garam Tbk., and PT Bank Central Asia Tbk. in 2019, 2020 and 2021 using ROA, ROE and EVA analysis. The results of this study indicate that PT Unilever's financial performance in terms of ROA, ROE, and EVA shows unfavorable results. This is because PT Unilever's ROA, ROE, and EVA tend to decrease from year to year. This decline was mainly due to decreasing profits during the Covid-19 pandemic in 2020 and PT Unilever has not been able to fully recover from the decline during this pandemic. The overall financial performance of PT Gudang Garam is not good because most of PT Gudang Garam's ROA, ROE, and EVA values ​​show a decline. However, PT Gudang Garam is trying to improve its performance in 2021, one of which is by reducing its capital costs. Then, PT Bank Central Asia's financial performance showed good results because ROA, ROE, and EVA managed to increase in 2021 after experiencing a slight decline in 2020. In addition, PT Bank Central Asia's total equity and total assets also increased from 2019 until 2021 which may indicate that the financial condition of PT Bank Central Asia is in a fairly stable position Keywords : ROA, ROE, EVA

ANALYSIS OF FINANCIAL PERFORMANCE OF BPD DIY AND BANK BJB FOR THE 2017-2022

This research aims to determine the comparison of financial performance between BPD DIY and Bank BJB (formerly: BPD Jabar) in the 2019-2022 period. This study used quantitative methods. Quantitative methods are applied to analyze financial ratios where data are presented in numerical form. From the results of the ROA calculation, it is known that BPD DIY banks operate much more efficiently than BPD BJB bank’s because the ROA value obtained is greater so that the bank's ability to generate profits is better. From the LDR calculation, it is known that BJB BPD bank has sufficient liquidity but may have lower income, while DIY BPD does not have enough liquidity to cover customer obligation. From the results of the CAR calculation, it can be seen that both banks have good financial system stability against possible risk of loss, with a minimum guarantee limit of 8%. This research is expected to be a reference for consideration to analyze the comparison of BPD DIY and Bank BJB and other banks in the future.

Company Value: A Review of the Financial Performance of Property and Real Estate Companies

This research was conducted with the aim of analyzing financial performance based on profitability ratio analysis, liquidity ratios analysis, and solvency ratio analysis in increasing firm value. This research uses descriptive quantitative method. The sampling method was purposive sampling, consisting of 2 samples of companies in the Property and Real Estate Sector: (1) PT. Ciputra Development Tbk and (2) PT. Summerecon Agung Tbk. The results of this study indicate that: (1) PT Ciputra Development Tbk and PT Summarecon Agung Tbk tend to have almost stagnant ROA values and even decrease in each period of the current year. (2) Liquidity (CR) from 2018-2022 PT Ciputra Development Tbk and PT Summarecon Agung Tbk have a current ratio percentage above the industry standard which is more than 100%, this condition shows that these companies can control their current debt. (3) PT Ciputra Development Tbk and PT Summarecon Agung Tbk shows that the percentage of DER from year to year tends to be high above 90% of the industry standard, this condition results in the company's debt ratio being higher than the company's capital.

Measuring the Resilience of Rural Banks Against COVID-19 Pandemic: Evidence from West Java, Indonesia

The potential disruption of operational activities in rural banks is linked to MSME actors' inability to repay loans amid the COVID-19 pandemic. The quality of credit and financing provided by these banks is vital in ensuring income and interest continuity, thereby impacting profitability. This study aims to analyze the financial performance dynamics and factors influencing rural banks' profitability in West Java, Indonesia, during COVID-19. The research utilized multiple linear regression with REM estimation. Despite the pandemic's challenges, the ROA, CAR, and equity values of the rural banks met minimum standards, though NPL values exceeded maximum limits. The combined factors of CAR, NPL, equity, net income, and the pandemic collectively influence profitability. Specifically, NPL and the pandemic have significant negative effects, while net income positively impacts profitability. To bolster the resilience of rural banks during crises, suggested policy measures include strengthening capital reserves, tightening credit policies, implementing good governance practices, and enhancing operational cost efficiency.

Financial Ratio Analysis of PT Bank Negara Indonesia (Persero) Tbk Year 2018-2022

The aim of this research is to determine the liquidity, solvency and profitability ratios at PT Bank Negara Indonesia (Persero) Tbk for the 2018-2022 period. This research uses quantitative methods with a descriptive approach. The results of the discussion in this research are that with liquidity ratios consisting of Quick Ratio, Banking Ratio, Loan to Assets Ratio, and Loan to Deposit Ratio, it can be seen that financial conditions change each period, namely the amount of loans given is less than the amount of money saved by customers. Based on an analysis of the solvency ratio at PT Bank Negara Indonesia (Persero) Tbk for the 2018-2022 period, it shows that the primary ratio and capital adequacy ratio tend to increase, making it easier for the bank to manage losses that occur in each period. PT Bank Negara Indonesia (Persero) Tbk's profitability ratio tends to vary due to declines and increases. However, in the 2020 period the level of health tends to be poor based on the ROA and ROE values ??because it has not been able to generate profits from the capital it has. It can be concluded that from all the liquidity, solvency and profitability ratio analyzes that have been carried out, it can be seen that the financial performance of PT Bank Negara Indonesia (Persero) Tbk for the 2018-2022 period has increased quite significantly.

Analisis Kesehatan Bank Pada Perusahaan Bank BUMN Periode 2018 – 2022

This research aims to determine the health level of state-owned banks for the period 2018 – 2022. The tool used to measure the health level of banks is the CAMEL (Capital, Asset, Management, Earnings, and Liquidity) analysis. The population of this research is 3 (three) state-owned banks listed on the Indonesia Stock Exchange (BEI), namely BRI, BNI, and Mandiri. The data used are financial reports from the three banks for the period 2018 - 2022. The results of this research show that in general the best financial performance is obtained by BRI, followed by Mandiri, and third is BNI and has the HEALTHY predicate. This is shown by the highest CAR, KAP, NIM, ROA, BOPO and LDR ratio values obtained by BRI, followed by Mandiri and the lowest is BNI. In general, the CAMEL score can illustrate that state-owned bank for the 2018 - 2022 period are quite good in terms of their financial performance and maintaining the bank's health level.

Analysis Of The Industry-Specific Characteristics Of ESG Components In Company Ratings

The work is devoted to the study of the peculiarities of the influence of the ESG rating components on the financial performance of companies from different sectors of the economy.The purpose of the thesis is to analyze the impact of the ESG rating components on the financial performance of companies in various sectors of the economy and identify the most significant ESG practices.The practical significance of the final qualification work consists in the possibility of direct use of the results of work in the activities of enterprises and organizations from various industries.To conduct an empirical analysis, a sample of companies from eight sectors of the economy (energy, information technology, healthcare, communications services, industry, basic necessities, secondary necessities, materials) was used, including 160 companies from European countries belonging to the Schengen area. The data set covers the period from 2015 to 2022. Financial indicators are taken as dependent variables: ROA and Market Value. The values of the components E, S and G are used as independent variables. It is expected that the aggregate ESG indicator will positively correlate with financial indicators in all sectors. As for the individual elements E, S and G, it is assumed that their impact on financial success will vary depending on the industry. The study showed that the relationship between the individual components of the ESG rating and Market Value is mostly positive. However, with the ROA indicator, in almost all cases, the models turned out to be insignificant.The research was supported by RSF (project No. 23-18-00756)

Komparasi Tingkat Kesehatan Bank Syariah dan Bank Konvensional dengan Pendekatan Resiko

This research aims to find out how the health level of Sharia Banks and Conventional Banks compares using the Risk-Based Bank Rating (RBBR) method. This research is quantitative research with comparative methods. This research data uses secondary data taken from the Bank Indonesia website. This research data analysis uses comparative quantitative statistics. The total sample is 10 banks consisting of 5 sharia banks and 5 conventional banks. The research results show that there is a significant (real) difference between the average value of credit risk in Islamic banks and conventional banks. There is no significant (real) difference between the average value of liquidity risk in Islamic banks and conventional banks. There is a significant (real) difference between the average ROA value for Islamic banks and conventional banks. There is no significant (real) difference between the average NIM value of Islamic banks and conventional banks. There is a significant (real) difference between the average CAR value for Islamic banks and conventional banks.

COMPARATIVE ANALYSIS OF FINANCIAL PERFORMANCE IN ASIA CENTRAL BANK (BCA) WITH INDONESIAN PEOPLE BANKS (BRI) LISTED ON THE INDONESIA STOCK EXCHANGE (IDX) IN 2019-2021

This study aims to obtain descriptions of ROA, LDR and CAR at Bank BCA and Bank BRI and to analyze the differences in ROA, LDR and CAR at Bank BCA and Bank BRI which are listed on the Indonesia Stock Exchange (IDX) for 2019-2021. the variables in this study are ROA, LDR and CAR. The population of this study are BCA Banks and BRI Banks which are registered on the IDX in the 2019-2021 period. The sampling method used is a saturated sample (all populations are sampled) Bank BCA and Bank BRI in 2019-2021 with computer aids that use the SPSS program. 23 for windows. Analysis of the financial statements in the form of these ratios includes the first liquidity ratio, this ratio shows aspects of the company's ability to meet obligations that are due in the short term. ROA, LDR and CAR are aspects that can be used to measure the performance of a company. This research was carried out using a comparative approach, a comparative research approach is a comparative research, which is carried out to compare the similarities and differences of 2 or more characteristics and facts of the object under study based on a certain frame of mind. The type of data in this study is quantitative data in the form of financial report figures at Bank BCA and Bank BRI. The data analysis technique used in this research is comparative analysis, which is a technique using the independent sample T-test. From the results of research that has been done to look at the financial performance of Bank BCA and Bank BRI with CAR ratios there is no difference in the financial performance of the two banks, while there are differences in the ROA and LDR ratios. By conducting independent differential tests the T-test samples on ROA and LDR values ​​can be used as benchmarks to measure the financial performance of the two banks.

DYNAMIC PANEL DATA GENERALIZED METHOD OF MOMENT ARELLANO-BOND APPROACH IN ECONOMETRIC MODEL RETURN ON ASSETS OF PHARMACEUTICAL COMPANIES

The impact of the Covid-19 pandemic has resulted in a significant decline in the pharmaceutical sector's stock price, so investors are hesitant to invest in the pharmaceutical sub-sector. This study aims to apply dynamic panel data regression analysis with the Arellano-Bond Generalized Method of Moment (GMM) approach to model the profitability of pharmaceutical sub-sector companies on the Indonesia stock exchange. Therefore, investors need to know the profitability of the pharmaceutical sub-sector to make an investment decision. This research will produce a profitability model for pharmaceutical sub-sector companies. The data in this study was obtained from observations of stock price movements of pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange (IDX) in 2013-2022. From the resulting model, it is hoped that it can provide an overview for investors to take action to invest in shares of the pharmaceutical sub-sector. The study results show that the model meets the consistency of parameters based on the results of the Arellano-Bond test and valid instruments based on the results of the Sargan test. The t-test results show that the previous period's ROA has a positive and significant influence on ROA, CR has a negative and significant influence on ROA, DR has no significant effect on ROA, and inflation has a positive and significant effect on ROA. So, the variables that significantly affect ROA are the ROA of the previous period, CR, and inflation. Based on the study's results, investors must choose companies with a higher ROA value compared to the ROA of the previous year. And choose a company that has a low CR value.

Analisis Komperatif Pengukuran Kinerja Perusahaan dengan Metode Economic Value Added (EVA) dan Metode Tradisional

The purpose of this study is to find out how the financial performance of cigarette companies listed on the Indonesia Stock Exchange for the 2018-2022 period if measured by the Economic Value Added (EVA) method and the Traditional method, as well as to find out the comparison between the two. The research uses descriptive methods with a quantitative approach, in data collection with documentation studies. The data used as the basis for research are financial statements and annual reports. Furthermore, the data is processed using EVA analysis and ROA analysis. The results show that EVA's financial performance is good, with a positive EVA value. This means that the Company is able to create economic added value for investors and their business, while the ROA results are classified as not good, because they have a value below the industry standard of 30%, but all of them are positive values. This means that the Company is still able to make a profit from managing its assets. Based on the results of the comparison of EVA and ROA methods, it is known that the differences between all EVA companies have positive values. This means that the company has succeeded in creating economic added value for investors and their businesses. While the company's overall ROA value has a value below the industry standard of 30%. Thus, the performance in that year was classified as not good.

Comparative Analysis Of Financial Performance Of Transportation And Hospitality Sector Companies Before And During The Covid-19 Pandemic Publication Text

This study aims to look at differences in the financial performance of companies in the transportation and hotel sectors before and during the Covid-19 pandemic in Indonesia. This research is a quantitative study using a sample of 35 companies in the transportation and hotel sector listed on the Indonesia Stock Exchange. The data used is secondary data obtained from annual reports for the period 2018-2019 before the Covid-19 pandemic and 2020-2021 when the Covid-19 pandemic occurred. The analytical method used is a differential test using the Wilcoxon Signed Rank Test on the ROA, CR, DER, and PER variables. The results of this research show that there is a significant difference in the ROA and CR variables, where the ROA and CR values before the Covid-19 pandemic were higher than during the Covid-19 pandemic, while the value of the DER variable before the Covid-19 pandemic was not lower than during the Covid-19 pandemic period and the PER value before the Covid-19 pandemic was not higher than during the Covid-19 pandemic period in Indonesia.

ANALISIS KOMPARATIF PT BANK SYARIAH INDONESIA TBK. SEBELUM DAN SESUDAH MERGER

The long-term goal achieved in this study is to see the effect of the merger of BUMN Syariah Banks to become Indonesian Syariah Banks (BSI). Where is the merger will certainly affect the expansion of the market area and can increase product variations because so far each Islamic Bank has unique products that have different characteristics, so that later it will further enrich its products, can increase economies of scale or increase the size of the bank, economics of scope and course this can be realized by financing giant projects. The research method used is a descriptive method with a quantitative approach. The population of this study is PT Bank BRI Syariah Tbk, PT Bank BNI Syariah, and PT Bank Syariah Mandiri. The next step is to process the data using the SPSS 17 software using the Wilcoxon signed rank test so that a research report can be compiled as the activity output. The results of the statistical test analysis there is no significant difference in the values of KPPM, ROA, ROE, NPF, FDR, BOPO, and NOM at Bank BRIS, BNIS, and BSM before and after the Merger. The KPPM, ROA, ROE, and NOM values are negative indicating that the KPPM, ROA, ROE, and NOM values after the merger are higher than before the merger. On the other hand, the NPF, FDR, and BOPO values are positive indicating that the NPF, FDR, and BOPO values after the merger are lower than before the merger.Keywords: Comparative, Financial Ratios, Bank Mergers

Macroeconomic Indicators and Financial Performance of Insurance Firms Listed at the Nairobi Securities Exchange

Purpose: The general objective of the study was to determine how macroeconomic variables affected the financial performance of insurance firms listed on the Nairobi Securities Exchange. The study's specific goals were to identify how inflation, interest rates, exchange rates and gross domestic product affected those same companies' financial performance.
 Methodology: A descriptive survey research design was used for the investigation. All the six insurance companies listed on the Nairobi Securities Exchange made up the study's target group hence a census-style analysis. The panel regression model was used in the investigation and relied on secondary information that was gathered using a data collection sheet. The five-year period covered by the data was from 2017 to 2021.
 Findings: According to the report, insurance is severely impacted by inflation. There was a general increase in exchange rates and there was a fluctuation in the economic growth. From the findings, the study concludes that the insurance companies were operating on economic conditions that became increasingly challenging as shown by increasing inflation rates. The CBR and lending rates showed a general downward trend in the five years’ period, the exchange rates in the Kenyan economy were changing rapidly, there were major changes in the economic performance of the Country emanating from various occurrences including global oil crisis and COVID-19 pandemic. Despite the harsh economic conditions, the NSE listed insurance companies posted healthy financial performance as shown by ROA values above 5%.
 Unique contribution to theory, practice and policy: The study recommends that the NSE listed insurance companies to make ample adjustment for inflation so that during seasons of high inflation the firms do not run at a loss. The study also recommends the NSE listed insurance companies firms to employ strategies where they can purchase more futures contracts on government bonds or interest rate futures in order to be able to lock-in interest rate and hedge their various portfolios. The NSE listed insurance companies are also recommended to mitigate the exchange rate risks by hedging the foreign exchange risk by purchasing spot contract to cushion against any negative swing. The government through line ministries of finance and planning should undertake measures to ensure good performance of the economy.

PENGARUH CORPORATE SOCIAL RESPONSIBILITY DAN INTELLECTUAL CAPITAL TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN PERTAMBANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

The purpose of this study is to determine how much influence corporate social responsibility and intellectual capital have on financial performance. Data collection techniques in this study using secondary data collection data. Data analysis techniques in this study used descriptive statistics, t test and f test. The results of this study indicate that partially corporate social responsibility has no effect on financial performance with a t-test result of 0.243 with a significance of 0.810, the variable intellectual capital has an effect on financial performance with a t-test result of 3.082 with a significance of 0.004. Corporate social responsibility and intellectual capital simultaneously affect financial performance with an f test result of 5.733 with a significance value of 0.007. Based on the results of partial analysis, the CSR variable on financial performance with the result that it has no effect on financial performance but CSR must still be disclosed and distributed to maintain environmental stability, as well as to maintain conduciveness by the company. An increase in this category is expected to have an impact on stakeholder trust which will affect the financial performance of the company. It is also expected to maximize intellectual capital so that it can improve the company's financial performance. owned by its employees, fulfills the company's routine processes and structures that support employee efforts to produce optimal intellectual performance and maintain harmonious relationships with partners, both reliable and quality suppliers, the government and with local communities. The higher the ROA value, the more efficiently the company uses its assets in increasing its profits.

VAR Analysis: What Drives The Profitability of Islamic Commercial Banks?

<p><em>Third-party funds of Islamic commercial bank in period of 2015-2021 have been increasing, as well as the matter of financing. However, the profitability of Islamic commercial bank during those years were fluctuating below 1,5% which affected the average of Return on Assets in 2015-2021 below a healthy level of 1,1%. In 2017, the third-party funds and financing has been increased, but ROA value tended to be constant, while in 2020, the increase of third-party funds and financing was inversely proportional to ROA ratio value that was actually decreased. This phenomenon incompatibility with theory has stated that the higher distribution of financing, it would determine the higher ROA ratio. Since, banking sector was often regarded as a heart of driving force of the country’s economy and profitability was significant for banking continuity. It needed to conduct a research on determinants that affected profitability of Islamic commercial banks. Hence, this research was aimed to analyze the effects of third-party funds, NPF, Operational Cost, and SBIS on ROA. The method in this research was quantitative with vector auto regression model as the analysis method. Based on the result of estimation, the third-party funds, NPF, and Operational Cost did not affect, but SBIS affected positively on ROA.</em></p>