ANALISIS PERBANDINGAN KINERJA KEUANGAN PT. SEMEN GRESIK (PERSERO) Tbk DENGAN PT. HOLCIM INDONESIA Tbk.

Sazali, Agus (2010) ANALISIS PERBANDINGAN KINERJA KEUANGAN PT. SEMEN GRESIK (PERSERO) Tbk DENGAN PT. HOLCIM INDONESIA Tbk. Other thesis, University of Muhammadiyah Malang.

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Abstract

This study aims to determine and measure the financial performance of semen companies using Economic Value Added (EVA), so the company can find out if the financial performance of value-added or not. The analytical tool used is the Economic Value Added (EVA), which prepared the financial statements. Economic Value Added is a benchmark for the company's financial performance, if the average cost of capital is higher than the net profit after tax of the EVA in a negative position, while if the average cost of capital is lower than the net profit after tax of the EVA in a positive position. That means if the position of negative EVA means the company does not perform value-added financial performance in the position while the EVA is positive position, the company's value-added financial performance. The result of the data analysis it can be seen that the financial performance of PT. Semen Gresik (Persero) Tbk with PT. Holcim Indonesia Tbk in 2007-2009 have increased. This shows the economic value-added happens to the company. Of the two companies under observation can be seen that the value of EVA PT. Semen Gresik (Persero) Tbk tend to be better. This indicates that the company can provide added value to its funders economical for the return of investment. Suggestions put forward in this research that is expected the company should have to pay attention to the financial performance of the company by considering the capital and reduce the level of capital costs. Managers should review the company's existing capital structure because it affects the cost of capital. The use of EVA can be used as consideration in maximizing the company's prosperity.

Item Type: Thesis (Other)
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Economic > Department of Management
Depositing User: Rayi Tegar Pamungkas
Date Deposited: 27 Mar 2012 02:14
Last Modified: 27 Mar 2012 02:14
URI: http://eprints.umm.ac.id/id/eprint/1156

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