Financial Performance Analysis using Economic Value Added (EVA) Method at PT. Darma Henwa Tbk. Period 2017-2019

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Financial Performance Analysis using Economic Value Added (EVA) Method at PT. Darma Henwa Tbk. Period 2017-2019
International Journal of Research in Vocational Studies (IJRVOCAS) Januari 19, 2022 51 views DOI: 10.53893/ijrvocas.v1i1.79

Authors

Abdul Muta Ali
Adi Saputro
Muhammad Fahmi Nurani
Marliza Noor Hayatie
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Abstract

Measurement of financial performance is the achievement of the company’s achievements in a period that describes the financial health condition of the company. This study aims to determine the calculation and measurement of the financial performance of PT financial statements. Darma Henwa Tbk in 2017-2019. Analysis in this study using Economic Value Added (EVA) method. The results of research on PT. Darma Henwa Tbk. shows that 2017 with a value of $199,460 shows a positive value. This is because the value of NOPAT in that year is greater than the capital charge value generated. Meanwhile, in 2018 the value of EVA increased by $2,893,767, which still generated positive value in that year. However, in 2019 EVA value decreased and obtained a negative value of -$764,780. The decrease is caused because the value of NOPAT in 2019 is smaller than the capital charge value.

Citation

APA Style (7th ed.)
Abdul Muta Ali, Adi Saputro, Muhammad Fahmi Nurani, Marliza Noor Hayatie (2022). Financial Performance Analysis using Economic Value Added (EVA) Method at PT. Darma Henwa Tbk. Period 2017-2019. International Journal of Research in Vocational Studies (IJRVOCAS), 1(1), 51-55. https://doi.org/10.53893/ijrvocas.v1i1.79
MLA Style (9th ed.)
Abdul Muta Ali, et al. "Financial Performance Analysis using Economic Value Added (EVA) Method at PT. Darma Henwa Tbk. Period 2017-2019." International Journal of Research in Vocational Studies (IJRVOCAS), vol. 1, no. 1, 2022, pp. 51-55. https://doi.org/10.53893/ijrvocas.v1i1.79
Harvard Style
Abdul Muta Ali, Adi Saputro, Muhammad Fahmi Nurani, Marliza Noor Hayatie (2022) 'Financial Performance Analysis using Economic Value Added (EVA) Method at PT. Darma Henwa Tbk. Period 2017-2019', International Journal of Research in Vocational Studies (IJRVOCAS), 1(1), pp. 51-55. Available at: https://doi.org/10.53893/ijrvocas.v1i1.79.
IEEE Style
A. M. Ali, A. Saputro, M. F. Nurani, M. N. Hayatie, "Financial Performance Analysis using Economic Value Added (EVA) Method at PT. Darma Henwa Tbk. Period 2017-2019," International Journal of Research in Vocational Studies (IJRVOCAS), vol. 1, no. 1, pp. 51-55, 2022. doi: 10.53893/ijrvocas.v1i1.79.

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