Rachma, Rani Aulia (2020) Analisis Kinerja Keuangan Perusahaan Sebelum dan Sesudah Akuisisi (Studi Kasus Pada PT Golden energy Mines Tbk Perusahaan Sub Sektor Pertambangan Batu Bara yang Terdaftar di BEI dan Melakukan Akuisisi Tahun 2016). Sarjana thesis, Universitas Brawijaya.
Abstract
Latar belakang penelitian ini adalah untuk mengetahui perubahan kinerja keuangan perusahaan sebelum dan sesudah melakukan akuisisi. Persaingan antar perusahaan yang semakin meninggkat membuat perusahaan harus dapat bertahan, sehingga perusahaan harus membutuhkan strategi yang efektif. Penelitian ini bertujuan untuk mengetahui perubahan kinerja keuangan PT Golden energy Mines Tbk sebelum dan sesudah melakukan akuisisi berdasarkan rasio likuiditas, rasio aktivitas, rasio solvabilitas dan rasio profitabilitas. Pada penelitian ini rasio keuangan yang digunakan adalah rasio likuiditas (current ratio, quick ratio dan cash ratio), rasio aktivitas (fixed assets turnover ratio dan total assets turnover ratio), rasio solvabilitas (debt to total assets ratio dan debt to equity ratio) dan rasio profitabilitas (net profit margin, return on investment dan return on equity). Penelitian ini menggunakan jenis penelitian deskriptif. Lokasi penelitian yang dipilih pada penelitian ini adalah PT Golden energy Mines Tbk dengan pengambilan data pada Pojok Bursa Efek Indinesia di website resminya www.idx.co.id dan PT Golden energy Mines Tbk di website resminya www.goldenenrgymines.com. Hasil penelitian menunjukkan hasil analisis kinerja keuangan PT Golden energy Mines Tbk sebelum dan sesudah melakukan akuisisi yang diukur dengan rasio keuangan adalah pada rasio likuiditas (current ratio, quick ratio dan cash ratio) dan rasio solvabilitas (debt to total assets ratio dan debt to equity ratio) mengalami penurunan kinerja setelah melakukan akuisisi. Rasio aktivitas (fixed assets turnover ratio dan total assets turnover ratio) dan rasio profitabilitas net profit margin, return on investment dan return on equity) mengalami peningkatan kinerja setelah melakukan akuisisi. Berdasarkan analisis deksriptif dari hasil rasio keuangan, peningkatan yang terjadi dapat mencerminkan bahwa kegiatan akuisisi yang telah dilaksanakan PT Golden energy Mines Tbk Tbk memberikan dampak positif terhadap kinerja keuangan. Perusahaan sebelum melakukan akuisisi sebaiknya melakukan persiapan sebelum memutuskan untuk melakukan akuisisi, seperti melihat kondisi manajemen perusahaan maupun keuangan perusahaan dan juga melihat kondisi ekonomi nasional yang sedang terjadi apakah akan berdampak baik atau buruk bagi perusahaan.
English Abstract
The background of this research is to find out the differences in the company's financial performance before and after the acquisition. Competition between companies that increasingly makes the company must be able to survive, so the company must need an effective strategy. This study aims to determine changes in financial performance of PT Golden Energy Mines Tbk before and after the acquisition based on liquidity ratios, activity ratios, solvency ratios and profitability ratios. In this study the financial ratios used are liquidity ratios (current ratio, quick ratio and cash ratio), activity ratios (fixed assets turnover ratio and total assets turnover ratio), solvency ratios (debt to total assets ratio and debt to equity ratio) and profitability ratio (net profit margin, return on investment and return on equity). This research uses descriptive research. The research locations chosen in this study are PT Golden energy Mines Tbk by taking data on the Indonesia Stock Exchange Corner on its official website www.idx.co.id and PT Golden energy Mines Tbk on its official website www.goldenenrgymines.com. The results showed the results of the analysis of the financial performance of PT Golden Energy Mines Tbk before and after the acquisition, measured by financial ratios, are the liquidity ratio (current ratio, quick ratio and cash ratio) and solvency ratio (debt to total assets ratio and debt to equity ratio ) experienced a decrease in performance after making an acquisition. The activity ratio (fixed assets turnover ratio and total assets turnover ratio) and the ratio of profitability to net profit margin, return on investment and return on equity) have improved performance after the acquisition. Based on a descriptive analysis of the results of the financial ratios, the increase that occurs can reflect that the acquisition activities that have been carried out by PT Golden energy Mines Tbk have a positive impact on financial performance. Companies before making acquisitions should make preparations before deciding to make acquisitions, such as looking at the condition of company management and company finances and also seeing the current national economic conditions whether it will have a good or bad impact on the company.
Other obstract
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| Item Type: | Thesis (Sarjana) |
|---|---|
| Identification Number: | SKR/FIA/2020/40/05200300281 |
| Uncontrolled Keywords: | Akuisisi, Kinerja Keuangan, Analisis Rasio Keuangan,-Acquisitions, Financial Performance, Financial Ratio Analysis. |
| Subjects: | 300 Social sciences > 352 General considerations of public administration > 352.4 Financial administration and budgets |
| Divisions: | Fakultas Ilmu Administrasi > Ilmu Administrasi Bisnis / Niaga |
| Depositing User: | Endang Susworini |
| Date Deposited: | 28 Sep 2022 01:47 |
| Last Modified: | 01 Oct 2024 03:46 |
| URI: | http://repository.ub.ac.id/id/eprint/195031 |
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