Detail Inovasi Perguruan Tinggi


Tema: MANAJEMEN KEUANGAN
Judul: Analysis of Long-Term Financial Management Policy Case Study PT Sierad Produce Tbk
Perguruan Tinggi: Sekolah Tinggi Ilmu Ekonomi Kesatuan
Jenis/sdm: dosen/0411026501

Tahun: 2018

The company's long-term financial policy is the policy that is associated with a
model of the enterprise. Corporate funding can come from debt or equity. The company's
equity capital can originate from own capital and shareholders as well as bonds.
The purpose of this research is to identify on PT Sierad Produce Tbk; to find out the sources
of capital used by the company; to know the performance of the company, and long-term
financial policy.
The results of this study showed that analysis of TP Sierad Produce Tbk more dominant use
of equity in debt for the purposes of the company's capital. This is indicated by the ratio of
debt to equity ratio which was only reached 48.37%, meaning that only 48.37% venture
capital is funded by the equity that comes from its own capital and shareholders. The toughest
issue facing the company is a matter of very high operating expenses, due to the price of
chicken dropped below the cost of goods production and the company should sell loss
because if not for sale will add to the burden of operational, while chicken prices in the more
elderly lower. In the year 2015 is the year that the weight for the company in that year
suffered a loss of up to 332 billion which caused many factors but by borrowing long-term
debt the company succeeded in lowering the level of loss that very significant though still
many deficiencies within the company and still losing money in of 68 billion, but it is an
increase in the need to preserve. Things to do by the company is expanding exports of its
products because the company needs for the production of raw materials in use are still
imported and hit its high operating costs.
Keywords: financial management, long-term funding, financial performance, financial
ratios