Total Cash Flow Research Articles

Assessing the Financial Risks in Guava Cultivation in the Pabna District of Bangladesh

Guava cultivation in Bangladesh is vital for being the sources of cancer prevention agents, vitamin, beta-carotene, zinc, copper, manganese, etc, which are fundamental for human body. The major objective of the study was to measure the financial risks in guava cultivation in Pabna district of Bangladesh. In order to measure the financial risks in guava production, the research studied the nature of NPV of guava orchards in the Pabna district of Bangladesh. For this purpose, the study estimated the average total net cash flows of each year by considering all the possible costs and benefits associated guava production for the selected orchards to determine their NPVs. A set of cross-sectional data on the selected variables has been used for the analyzing purpose of the research. A multi-stage sampling technique consists of purposive, cluster and simple random sampling has been applied for the selection of 100 guava orchards, from two upazilas of the district. Subsequently, a structured questionnaire composed of both open and closed-ended questions has been used for collecting data from the sample guava producers with the help of face-to-face interview method. The study employed simulation analysis to assess the financial risks in guava production in the selected area. The results revealed that the values of total net return in the first five years are negative, it become positive in the sixth year and thereafter. The value of total net return in the seventh year is BDT 63433 per bigha (1 bigha equals about 0.1335 hectare) and it continues to be stable up to 25 years of age of the guava plantation. The 1000 runs of simulation of NPV of guava orchard given that the NPV ranges from -BDT 18302.3 per bigha to BDT 184866 per bigha with a mean value of BDT 80649.51 per bigha. The distribution of the NPV which evident that the probability of a higher value or negative value of NPV is very low. The moderate value of NPV is the most likely outcome. The results of the simulation analysis inferred that the investment in the guava orchard is neither highly profitable nor loss-making which means that investment in this project bears a very low financial risk.

Electricity Cogeneration Potential in Minas Gerais Cement Industry with Thermodynamic Cycles

To assess the electricity cogeneration potential in the Minas Gerais cement industry with thermodynamic cycles is the main purpose of this study. The potential was estimated based on Minas Gerais cement sector data. The Kalina cycle, the organic Rankine cycle, and the conventional Rankine cycle were technically and economically assessed. The technical evaluation considered the thermodynamic modeling with optimization including the mass, energy, entropy, and exergy balances and the heat transfer calculations for heat exchangers. The economic evaluation considered the economic modeling including the calculation of electric power generated specific cost, the total investment, cash flow, and payback. The result shows that the greatest irreversibilities are concentrated in the turbines and evaporators. The Kalina cycle confirmed more generated power and exergetic efficiency, but in terms of thermal efficiency, the values were very similar between the cycles. The three cycles can cover more than 35% of the energy demand, which means a considerable reduction in cement manufacturing costs. All cycles reveal a payback value lower than 3 years, a considerable value of cash flow, and high competitiveness in the current tariff scenario. The electricity cogeneration potential in the Minas Gerais cement industry is near 100 MW, and it is in the south-central region of Minas Gerais, where there is a greater population and energy demand concentration. This potential could save emissions of around 282,913 tCO2/year.

Analysis of The Determinants on Technology Share Prices Listed on the Indonesian Stock Exchange in the 2018-2022 period

This study aims to examine the effect of The Fed, Inflation and Total Cash Flow on stock prices in the technology sector listed on the Indonesia Stock Exchange for the period 2018-2022. The type of data used in this study is panel data using quantitative methods. The research sample involved six technology companies. Data is collected using company financial reports and macroeconomic data from official sources. The results showed that the Fed and inflation have a negative influence on stock prices. Meanwhile, total cash flow has a positive and significant effect on stock prices.

Analisis Financial Distress pada Perusahaan Tambang Batubara pada Tahun 2016 – 2022 dengan Struktur Modal Sebagai Variabel Intervening

Purpose of this research is to examine whether the coal companies that registered at Indonesian Stock Exchange is under distress condition or notand also to analyze the factors that affecting it. Variables used in this research were Return on Asset (ROA), Current Ratio (CR), Total Asset Turnover (TATO) and Cash Flow Operation and Capital Structure respectively as Intervening Variable. The research concluded using 22 sample of coal companies that registered under Indonesian Stock Exchange. The result of this research yielded that Return on Asset, Current Ratio and Total Asset Turnover affecting Financial Distress. Total Asset Turnover affecting Capital Structure and Total Asset Turnover able to mediate the independent variable and its dependent variable thus and indirectly Current Ratio and Total Asset Turnover affecting Financial Distress through Capital Structure. Keywords: Financial Distress, Capital Structure, ROA, Current Ratio, Total Asset Turnover

Bi-Objective Optimization of Subsurface CO2 Storage with Nonlinear Constraints Using Sequential Quadratic Programming with Stochastic Gradients

Summary This study focuses on carbon capture, utilization, and sequestration (CCUS) via the means of nonlinearly constrained production optimization workflow for a CO2-enhanced oil recovery (EOR) process, in which both the net present value (NPV) and the net present carbon tax credits (NPCTC) are bi-objectively maximized, with the emphasis on the consideration of injection bottomhole pressure (IBHP) constraints on the injectors, in addition to field liquid production rate (FLPR) and field water production rate (FWPR), to ensure the integrity of the formation and to prevent any potential damage during the life cycle injection/production process. The main optimization framework used in this work is a lexicographic method based on the line-search sequential quadratic programming (LS-SQP) coupled with stochastic simplex approximate gradients (StoSAG). We demonstrate the performance of the optimization algorithm and results in a field-scale realistic problem, simulated using a commercial compositional reservoir simulator. Results show that the workflow can solve the single-objective and bi-objective optimization problems computationally efficiently and effectively, especially in handling and honoring nonlinear state constraints imposed onto the problem. Various numerical settings have been experimented with to estimate the Pareto front for the bi-objective optimization problem, showing the trade-off between the two objectives of NPV and NPCTC. We also perform a single-objective optimization on the total life cycle cash flow, which is the aggregated quantity of NPV and NPCTC, and quantify the results to further emphasize the necessity of performing bi-objective production optimization, especially when used in conjunction with commercial flow simulators that lack the capability of computing adjoint-based gradients.

DESIGN OF HYDRAULIC FRACTURING CARBONATE RESERVOIR USING A SIMULATOR IN THE IQ FIELD X WELL

The inability of a reservoir to pass large amounts of fluid can be caused by very low permeability. Objective: This research aims to increase well productivity in wells that have low permeability. Based on reservoir data, the permeability in the IQ well is tight permeability, namely 0.153 mD, so that fluid in the reservoir cannot flow into the well due to the low permeability of the formation. The low permeability of the formation resulted in a low production rate of 39 BLPD. Methodology and results: in this research a stimulation acidizing method was used but this method was less than optimal (seen from the absence of a pressure drop after acid was injected at a high flow rate), so a hydraulic fracturing method was carried out on the IQ well to increase well productivity. The results of this research use the PKN (Perkins, Kern & Nordgren) fracturing model to obtain a fracture length greater than the fracture height. The fracturing fluid used as pad and slurry is YF120.HTD and the flush fracturing fluid used is 4% KCL Water. The proppant used is Carbolite 20/40. The resulting fracture geometry was 111 ft, fracture height 55 ft and fracture width 0.375 in. The conductivity value of the fracture formed was 18.1 mD with a fracture permeability of 320,177.383 mD/ft. The productivity index increased by 2,945 with a production rate of 440.14 BFPD. The total cash flow obtained was $4,858,624.11 and NVP $2,413,572.70. The capital issued will be returned within 21 days. Conclusion: based on the results above, the IQ well is suitable for hydraulic fracturing

The Impact of Uncertainty on Textile Companies Profitability in the EU 27

Abstract Recent studies reveal that uncertainty is a problem for the profitability of companies in various sectors. The purpose of this study was to investigate the impact of uncertainty on the profitability of textile companies in the EU 27. A number of models were performed using the random effects estimator. The results indicate that the uncertainty variable WUI negatively and significantly affects the profitability of the textile industry in all models. In addition, the results show that while equity to total assets and cash flow to operating revenue have a positive effect, capital intensity and operating in Eastern Europe have a negative effect on profitability. Also, size, current ratio, operating revenue to stocks and inflation do not seem to have a significant impact on profitability.

The Impact of the Covid-19 on Real Estate Companies: Vanke A and Poly Development

The COVID-19 pandemic has had a profound impact on the global macroeconomic landscape, social order, and corporate operations. In light of the prevailing trend of economic globalization, the pandemic has significantly affected this process, but it will not deter the progress of economic globalization. The COVID-19 pandemic has not only had a considerable impact on various countries worldwide but has also affected China. To protect the lives and health of our citizens, China has implemented strict containment policies. The pandemic has also had a significant impression on company operations. Our research focuses on two major Chinese real estate companies, "Poly Developments" and "Vanke A." Both companies have publicly available and transparent financial reports that include information on profit figures, profit margins, cash flow, and debt situations. Despite the impact of the COVID-19 pandemic, Vanke witnessed a downward trend in total revenue and cash flow from 2019 to 2021, but a slight recovery was observed in 2022. Vanke displayed stable revenue growth in its development activities and gradually stabilized its profitability. The company also prioritized effective cash flow management and pursued a diversified development strategy, leading to a significant year-on-year increase in investment cash flow. Overall, Vanke exhibited remarkable performance in sustainable strategic planning, collaboration, and operational activities, maintaining its position as an industry leader.

Optimal battery scheduling in solar-plus-storage grid-connected microgrid for profit and cost efficiency: A use case on an Israeli microgrid

This paper presents an optimal energy management algorithm for solar-plus-storage grid-connected microgrid simulated on a real full-scale small town microgrid test-case, taking into account the daily solar energy generation as well as the electricity demand to ensure that the battery is charged and discharged at the optimal times to balance energy supply and demand. The optimization is performed using dynamic programming and finding the minimum-cost-path, to minimize the total cash-flow. The formulation is utilized with two variations such that two business models are considered, optimizing cost efficiency in both aspects of minimizing cost and maximizing profits, according to the scenario. The first model maximizes self-consumption, and the second model is the case of retail electricity providers. The results are compared to real data from a solar-plus-storage grid-connected microgrid located in Israel, that is currently managed by a rule-based scheduling procedure. The results show that by using the optimal control schedule, the revenue increases up to 8% during the spring and autumn when the weather conditions are typically moderate. In summer and winter, where the climate conditions are more extreme and the demand for energy is at its peak, the full revenue potential can be realized by using the suggested optimal control algorithm, offering an increased profit of up to 30%. Unlike prior studies which are restricted to small use-cases, this paper leverages a unique and private large-scale data-set from a small town, enabling a thorough exploration of the optimization’s real-world viability and scalability. Through rigorous simulations, the findings underscore the method’s exceptional potential in effectively integrating PV-plus-storage assets and optimizing energy use in power grids.

Projected Cash Flow Model by Activities for Decision Making in Private Companies in Peru

The objective of the research was to develop a projected cash flow model by activity, a situation that is not shown in traditional cash flows. The article uses a deterministic cash flow model based on the liquidity position at the date on which the financial statement is formulated, according to which the total cash flow, that is, the net change in cash, will be realized according to the balance of the Statement of Cash Flows, Operating Flows and the Investment Flows that may be present, although they are infrequent and at the same time are normal activities of a company. It also shows a contribution to the theories and practices is the expansion of knowledge in financial theory on cash resources, which were confirmed by the research and conclusions regarding the analysis of open capital companies in the emerging market. It was concluded that the analyzed model can form the basis for improving decision making and finance management in companies.

Peranan Ukuran Perusahaan Memoderasi Pengaruh Struktur Modal dan Total Arus Kas Terhadap Harga Saham

This study aims to provide empirical evidence of the effect of capital structure on stock prices, total cash flow on stock prices, capital structure and total cash flow on stock prices, the effect of capital structure on stock prices with company size as a moderating variable, total cash flow on stock prices with company size as a moderating variable. The population in this study are consumer goods industry sector companies listed on the IDX during 2017-2021. Determination of the sample using purposive sampling technique, obtained a sample of 14 companies with 70 observation data. Analysis techniques and hypothesis testing were carried out with panel data regression analysis through Eviews-12.0. The results revealed that the capital structure variable has no effect on stock prices, the total cash flow variable affects stock prices, the company size variable cannot moderate the effect of capital structure on stock prices, the company size variable cannot moderate the effect of total cash flow on stock prices.

Analisis Laporan Arus Kas (Studi Kasus PT. Bosua Asuransi Cabang Jambi Bulan Oktober-Desember Tahun 2018)

This study aims to determine the condition of cash flow in PT. Bosowa Insurance Jambi Branch. if you look at the analysis of the cash flow statement. Data collection is carried out with literature and documentation research techniques. Research methods. by using descriptive analysis methods using cash flow from operating activities, investments, and funding as well as ratio analysis, namely: Operating Cash Flow Ratio (AKO), Cash Coverage Ratio to Current Debt (CKHL), Capital Expenditure Ratio (PM), Total Debt Ratio (TH). The results of this study show that the company's total cash flow during October-December 2018 shows that the company is in a non-liquid condition when assessed in terms of its operational activities. With the ratio analysis that has been carried out, it can be concluded that there is a decrease in cash flow, especially in operating activities every year and the company's ability to overcome its current liabilities still cannot be resolved.This shows that Bosowa Asuransi Jambi Branch was in a bad position during October-December 2018

Rasio keuangan, ukuran perusahaan, dan arus kas aktivitas operasi mempengaruhi return saham: Investigasi pada perusahaan sektor properti dan Real Estate, Tbk

This study aims to test and analyze financial ratios consisting of liquidity ratios (current ratio), profitability ratios (return on assets), solvency ratios (debt to equity ratio), and activity ratios (total asset turnover), company size, and cash flow operating activities to stock returns. This type of research is quantitative research and the data used is secondary data. The selection of the sample used in this study is the purposive side. The number of samples obtained were 22 property and real estate companies with a total of 5 years of observation so that the total sample was 110 property and real estate companies. The data analysis technique used is multiple linear regression analysis with the help of the IBM SPSS program. The results of the study partially show that the current ratio, debt to equity ratio, total asset turnover, and company size have no significant effect on stock returns, while return on assets and cash flow from operating activities have a significant effect on stock returns. Simultaneously the current ratio, return on assets, debt to equity ratio, total asset turnover, company size and cash flow from operating activities have a significant effect on stock returns.

Akuntansi ANALISIS LAPORAN ARUS KAS SEBAGAI ALAT UNTUK MENILAI KINERJA KEUANGAN PADA PT GUNUNG RAJA PAKSI TBK

PT Gunung Raja Paksi's financial condition for a period of 5 years, namely from 2017-2021, experienced unfavorable conditions because it experienced losses in 2018-2020. This study aims to determine the financial performance of PT Gunung Raja Paksi, which is measured using the cash flow ratio. This study uses a qualitative descriptive analysis method, then analyzed using a cash flow ratio which consists of the ratio of operating cash flows to current liabilities (AKO), cash flow adequacy ratio (KAK), cash flow ratio to capital expenditure (PM), fund flow coverage ratio ( CAD), and Total Debt Ratio (TH). Free Net Cash Flow Ratio (AKBB). The results of this study indicate that the company's total cash flow during the 2017-2021 period at PT Gunung Raja Paksi is not good enough. This can be seen from the value of cash flow ratios that are still below standard 1 as in the AKO ratio of 0.031 times, -0.203 times, 0.287 times, 1.258 times, 0.340 times, ratios of AKO -0.423 times, -0.203 times, -6.205 times , -5.934 times, 3.792 times, PM ratio0.218 times, -0.834 times, 4.016 times, 2.637 times, 1.048 times, CAD ratio 0.085 times, -0.846 times, 1.821 times, 3.738 times, 2.159, TH ratio 0.013 times, - 0.106 times, 0.221 times, 0.689 times, 0.205 times, and the AKBB ratio -0.337 times, -0.443 times, 0.129 times, 0.921 times, 0.183 times. 
 
 Keywords: Financial Performance, Cash Flow Statement, Cash Flow Ratio.

A Study of the Impact of PSAK 71 Implementation on Financial Performance and Capital Adequacy Ratio

This study intends to compare bank financial performance in terms of net income before and after applying PSAK 71 to CKPN in terms of bank credit, capital, and financial performance. This research employs quantitative data in the form of published bank financial statements and the bank's financial ratios to analyze the impact of the new PSAK 71. The results of this study show that PSAK 71 adoption has a favorable effect and that it can provide useful data for financial report users to estimate total, period, and future cash flow uncertainty. However, there are some adverse effects, such as a rise in CKPN and a decrease in KPPM (or Capital Adequacy Ratio). The CKPN will rise by up to 50%, while the KPPM will fall by 5%. Because the decrease of CKPN could have an impact on the Bank performance and there will be more risk to be managed by the Bank, it is crucial for the Bank to make solid preparations from the strategic viewpoint, technical, and operational side.

The Effect of Debt Maturity Structure on Investment Decisions in Food and Beverage Industry in Indonesia

The purpose of this research is to see the effect of debt maturity structure on investment decisions. The independent variable in this study is the debt maturity structure. The dependent variable is investment decision while the control variable consists of lagged investment, fixed asset turnover, leverage, return on total assets, liquidity, cash flow and firm size. This research was conducted by collecting data from 54 companies in the food and beverage sub-sector in Indonesia over a period of 3 years (2019-2021) and using a panel data regression model in its testing. The results of the research conducted explained that the variables of debt maturity structure, leverage, liquidity, and cash flow have no effect on investment decisions, lagged investment variables, return on total assets, and company size have a significant positive effect on investment decisions while the fixed asset turnover variable has a significant negative effect on investment decisions. The implication of the research that has been done is to provide direction for financial managers to seek to increase the use of fixed assets, and increase the return on total company assets and optimal use of company fixed asset turnover, while investors should choose companies that have high company size, return on total assets that are high and the previous year's high fixed assets.

Short-term assessment of pumped hydro energy storage configurations: Up, down, or closed?

We study the energy generation and storage problem for various types of two-reservoir pumped hydro energy storage facilities: open-loop facilities with the upper or lower reservoir fed by a natural inflow and closed-loop facilities. We formulate this problem as a stochastic dynamic program under uncertainty in the streamflow rate and electricity price. We include the streamflow rate and electricity price as exogenous state variables in our formulation. We compare the short-term total cash flows obtained by running different pumped hydro energy storage configurations in a market setting where the electricity price can be negative. We first derive theoretical bounds on the revenue gains and losses from switching from one configuration to another. We then conduct numerical experiments by employing time-series models to formulate the evolution of our exogenous state variables. We consider three distinct seasons with different streamflow rates, different negative price occurrence frequencies, and different reservoir capacities. Our results show that: (1) The open-loop facility with the upstream flow can yield cash flows that are up to four times as large as those of the closed-loop facility; (2) The cash flow from operating a large closed-loop facility can be achieved by operating an open-loop facility with 10 times smaller reservoirs; and (3) The open-loop facility with the downstream flow can be more advantageous than the open-loop facility with the upstream flow (with an improvement of more than 10% in the cash flow) if the negative electricity price occurs more than 30% of the time.

PENGARUH RETURN ON ASSET, EARNING PER SHARE, DAN TOTAL ARUS KAS TERHADAP HARGA SAHAM

This research uses a type of comparative causal research which is used to determine the causal relationship of two or more variables. The sample in this study is the food and beverage sub-sector companies listed on the Indonesia Stock Exchange for the period 2018-2020 using the purposive sampling method. There are 17 companies that meet the research sample criteria so that a sample of 51 financial statement data is obtained. This research method uses multiple linear regression analysis. Based on the test results, it is known that it simultaneously shows that return on assets, earnings per share and total cash flow have a simultaneous effect on stock prices in food and beverage sub-sector companies listed on the Indonesia Stock Exchange for the 2018-2020 period. Partial test results show that return on assets has a positive effect on stock prices, earnings per share has a positive effect on stock prices and total cash flow has no effect on stock prices.

Pengaruh Total Arus Kas Dan Pertumbuhan Penjualan Terhadap Harga Saham Pada Perusahaan Sub Sektor Makanan Dan Minuman Yang Terdaftar Di Bei Periode 2016-2020

The purpose of this study was to test and determine the effect of total cash flow and sales growth on stock prices. The object of this research is the food and beverage sub-sector companies listed on the Indonesia Stock Exchange for the 2016-2020 period. This type of research is quantitative, namely research that emphasizes theory testing through measuring research variables with numbers and analyzing data using statistical procedures. In this study, sampling using purposive sampling based on predetermined characteristics of 13 companies. The type of data used is secondary data obtained from the financial statements of each company with a total of 65 data observations. Data analysis using SPSS version 25 program. The results based on the results of hypothesis testing indicate that the total cash flow variable partially has a significant effect on stock prices which has a t value of 2.862 and a significant value of 0.006 < 0.05. Sales growth partially has no significant effect. to the stock price which has a t value of 0.328 and a significant value of 0.744> 0.05. For simultaneous testing, the result is that total cash flow and sales growth have a significant effect on stock prices which have a significant value of 0.020 <0.05. From the discussion, it can be concluded that as the amount of cash flow increases, the price also causes an increase. This proves that the explanation of cash flow information can actually generate added value for users of financial statement information.

The Effect of Net Income, Total Cash Flow, And Company Size on Stock Price (Empirical Study on Banking Companies on the IDX)

This study is to examine the effect of net income, total cash flow and company size on stock prices in the Go Public Banking sector on the Indonesia Stock Exchange (IDX). The population of this study is 43 banks and the research sample is 28 banks that can be Sampled in the research period 2018 to 2020 and banks that go public on the IDX. This study uses the analysis method of normality test, t test, f test and correlation analysis, determinant coefficient and multiple linear regression using SPSS version 25 software. The conclusion of this study is that the net income variable (X1) has a significant and positive effect on stock prices, the total cash flow variable (X2) has no significant effect on stock prices and the firm size variable (X3) has an insignificant and negative effect on stock prices. Meanwhile, simultaneously, net income, total cash flow, and company size have a significant effect on stock prices of banking companies listed on the Indonesia Stoct Exchange (IDX) in 2018 – 2020.