AnalisisKinerja Keuangan Perusahaan Sektor Pertambangan yang Terdaftar di Jakarta Islamic Index dengan Menggunakan Economic Value Added

Halkadri Fitra; Henri Agustin; Salma Taqwa; Erly Mulyani

doi:10.24036/wra.v7i2.106932

AnalisisKinerja Keuangan Perusahaan Sektor Pertambangan yang Terdaftar di Jakarta Islamic Index dengan Menggunakan Economic Value Added

Halkadri Fitra⁽¹⁾, Henri Agustin⁽²⁾, Salma Taqwa⁽³⁾, Erly Mulyani⁽⁴⁾,
(1) Jurusan Akuntansi Fakultas Ekonomi Universitas Negeri Padang

Indonesia
(2) Jurusan Akuntansi Fakultas Ekonomi Universitas Negeri Padang

Indonesia
(3) Jurusan Akuntansi Fakultas Ekonomi Universitas Negeri Padang

Indonesia
(4) Jurusan Akuntansi Fakultas Ekonomi Universitas Negeri Padang

Indonesia

Corresponding Author

DOI : https://doi.org/10.24036/wra.v7i2.106932

Full Text:

Language : ina

Abstract

This study aims to determine the financial performance of mining sector companies listed on the Jakarta Islamic Index based on EVA (Economic Value Added) analysis. The research conducted is a descriptive study with a quantitative approach using secondary data from 2014 to 2018 obtained from the Indonesia Stock Exchange and companies that are the object of research. The study population is all mining sector companies listed on the Jakarta Islamic Index while the sample uses a purposive sampling method with the sample taken is the mining sector companies listed on the Jakarta Islamic Index in the June-November 2019 period. Data analysis starts from the calculation of net operating profit after taxes, weighted average capital costs, invested capital, costs of capital and finally calculating EVA values from 2014 to 2018. The results show that the financial performance of mining companies listed on the Jakarta Islamic Index is well indicated by positive EVA values so it can be concluded that the management of the company has been able to provide added value to shareholders and investors.

Keywords:Cost of Capital, EVA, Weighted Average Cost Of Capital