Net Assets

2018 ◽  
pp. 89-97
Keyword(s):  
Net Assets

Enterprise Performance Analysis of the Selected Service Sector by Applying Modern Methods with an Emphasis on the Creation and Application of the Modified Creditworthy Model (MCWM)

2018 ◽  
Vol 9 (17) ◽  
Author(s):  
Erika Onuferová ◽  
Veronika Čabinová
Keyword(s):  
Service Sector ◽  
Prediction Models ◽  
Economic Value ◽  
Value Added ◽  
Financial Indicators ◽  
Tourism Sector ◽  
Future Success ◽  
Financial Growth ◽  
Net Assets ◽  
Third Dimension

The aim of presented paper was to create and subsequently apply the Modified 3D Creditworthy Model (MCWM) of performance reflecting sectoral characteristics and financial specificities of the selected sample of Slovak tour operators over the years 2013 – 2017. The intention of this research study was to implement the key financial indicators and appropriate prediction models into both dimensions of the traditional 2D Creditworthy Model of performance and to supplement its third dimension applying the selected modern assessment methods – the Economic Value Added and the Return On Net Assets as we consider them to be one of the most important indicators of future success and company's financial growth. This modification will help to better identify the current financial position of tour operators and more accurately identify causes that hinder the development of financial performance of the selected sample of enterprises. However, after adjusting the upper and lower quartile averages of a particular industry, this methodology is applicable in the wider context of enterprises, not only those operating in the tourism sector.

Indirect Correlates of Municipal Unrestricted Net Assets

2014 ◽  
Author(s):  
Laurence Johnson ◽  
Suzanne Lowensohn ◽  
Stephen Davies
Keyword(s):  
Net Assets

GASB No. 34's Governmental Financial Reporting Model: Evidence on Its Information Relevance

2007 ◽  
Vol 82 (1) ◽  
pp. 205-240 ◽  
Author(s):  
Elizabeth Plummer ◽  
Paul D. Hutchison ◽  
Terry K. Patton
Keyword(s):  
School Districts ◽  
Financial Reporting ◽  
Default Risk ◽  
Balance Sheet ◽  
Cash Flows ◽  
Working Capital ◽  
Information Relevance ◽  
Net Assets ◽  
Accrual Basis ◽  
The Government

This study uses a sample of 530 Texas school districts to investigate the information relevance of governmental financial statements published under Governmental Accounting Standards Board Statement No. 34 (GASB No. 34). Specifically, we examine whether the new government-wide statements provide information relevant for assessing a government's default risk, and if this information is incremental to that provided by the governmental funds statements. GASB No. 34 requires governments to publish governmental funds statements prepared on a modified accrual basis, and government-wide statements prepared on an accrual basis. We find that GASB No. 34's Statement of Net Assets (similar to a corporation's balance sheet) provides information relevant for assessing default risk, and this information is incremental to that provided by the governmental funds statements. However, GASB No. 34's Statement of Activities (similar to a corporation's income statement) does not provide information relevant for assessing default risk. The accrual “earnings” measure is not more informative than the modified-accrual “earnings” measure. A government's modified accrual earnings measure can be thought of as a type of measure of changes in working capital. Therefore, our results are consistent with research on corporate entities that attributes the superiority of earnings over cash flows primarily to working capital accruals and not long-term accruals. For our sample of school districts, evidence suggests that total net assets from the government-wide Statement of Net Assets, along with a measure of modified-accrual “earnings” from the governmental funds statement, provide the best information for explaining default risk.

scholarly journals On certain development aspects of an ipsas-based system-target approach to evaluation of net asset sustainability level projects in high-rise construction

2018 ◽  
Vol 33 ◽  
pp. 02071 ◽  
Author(s):  
Ruben Kazaryan
Keyword(s):  
Public Sector ◽  
Financial Reporting ◽  
Legal Status ◽  
Accounting Standards ◽  
Legal Aspects ◽  
Financial Reporting Standards ◽  
High Rise ◽  
Net Assets ◽  
Autonomous Institution ◽  
The Right

Problems of accounting and reporting of net assets and the procedure of their formation taking into account the specifics of the economic and legal status of property of a non-commercial autonomous institution are some of the most controversial in the accounting for entities of the public sector. The study focuses on justification of accounting rules for net assets of public sector entities. The methods used in the study are as follows: comparison, synthesis, analysis, logical approach, and system approach. The article examines legal aspects and specifics of recognition of assets of public sector entities in accordance with IPSAS standards (International Public Sector Accounting Standards are a set of accounting standards issued by IPSASB (Council for International Financial Reporting Standards for Public Sector Organizations) used by state-owned enterprises worldwide in preparation of financial statements as of the 31st of August, 2015. The most crucial factor in the modeling of key performance indicators of the system-target approach to estimation of the sustainability level of net assets on the basis of IPSAS is a multicriterial evaluation of the basic management strategy for quality system elements used in operational and strategic planning projects operations in high-rise construction. We offer an alternative evaluation of assets due to be returned to the right holder (the state controller) in the event of liquidation of a public sector entity.

scholarly journals Study on Announcement Effect of Stock Repurchase from the Perspective of Configuration Analysis

2021 ◽  
Vol 2021 ◽  
pp. 1-9
Author(s):  
Hong Bing Wang ◽  
Ai Hua Jin ◽  
Hai Yun Yu
Keyword(s):  
Qualitative Comparative Analysis ◽  
Garch Model ◽  
Company Law ◽  
Analysis Method ◽  
Stock Repurchase ◽  
Natural Logarithm ◽  
Size Premium ◽  
Equity Ratio ◽  
Net Assets ◽  
Matching Type

This paper takes the stock repurchase cases in 2018-2019 after the promulgation of the New Company Law as the research object. Using the qualitative comparative analysis method and PSO-ICA-GARCH model, we analyze the influencing factors of the stock repurchase announcement market reaction. Through the analysis of the degree of premium (DP), repurchase ratio (RR), natural logarithm of total assets (LAS), return on net assets (ROE), top 10 shareholder equity ratio (CR10), and executive shareholding ratio (MSL), it is found that the paths of high CAR stock repurchase effect include repurchase clause-oriented type and centralization-proportional matching type; the path of nonhigh CAR stock repurchase effect includes size-premium limit type, profit-proportion limit type, and repurchase clause limit type. Compared with GARCH model, it has higher separation accuracy and more accurate model prediction effect.

scholarly journals Mining and processing plants: Economic trends and options of corporate governance improvement

2020 ◽  
pp. 40-44
Author(s):  
Yu. B. Vinslav ◽  
◽  
V. I. Lisov ◽  
A. N. Lunkin ◽  
D. A. Lunkin ◽  
...  
Keyword(s):  
Corporate Governance ◽  
Current Data ◽  
Staffing Level ◽  
Production Chain ◽  
Process Stage ◽  
Chain Link ◽  
Processing Plants ◽  
Economic Trends ◽  
Net Assets

The authors closely consider the economic performance behavior of Russia’s top eight mining and processing plants over the period of a few years. Sustainability of the companies and high demand for their products in the market are highlighted. An important criterion of liquidity position of mining and processing plants (MPP is English for the Russian GOK) is the change in the net assets which have on the whole grown over the period under analysis from 38,5 to 52,8 BRub, i.e., 1.37 times. After a decline in the post-crisis period (2015–2016), the index of the net assets increased by 31 % in 2018. Inventories of all GOKs increased, and the annual average values jumped 2 times (Lebedinsky GOK–2.15 times, Mikhailovsky GOK–2.3 times, Kovdor GOK and Karelski Okatysh–2.4 time, other GOKs–1.2–1.5 times). This proves stability of the liquidity positions of the test companies. A steadily growing trend was observed in buildup of the permanent assets of GOKs: this index of the test companies was 9.6 BRub in 2011 and 22.9 BRub in 2018 (a 2.4 times growth). The highest rate growth was demonstrated by the largest GOKs: Lebedinsky (2.8 times), Stoilensky (3.4 times) and Kovdor (2.1 times). At the same time, there is a downward trend in profitability of the test GOKs, which, by the authors’ opinion, dictates the corporate governance improvement. Efficiency of the corporate governance and competitive ability of a company drastically depend on: capacity of equipment in each process stage; quality of interaction between process stages; balance of capacities of process stages; high-skilled staffing level of each link in the production chain; efficiency of management; quality of information accumulation of current data on the behavior of each production chain link.

scholarly journals Simulation Model of Sports Entrepreneurship Performance Based on Wireless Sensor Network

2021 ◽  
Vol 2021 ◽  
pp. 1-16
Author(s):  
Chao Ma ◽  
Weiqi Chen ◽  
Yuge Tian
Keyword(s):  
Wireless Sensor Network ◽  
Simulation Model ◽  
Sensor Network ◽  
Early Warning ◽  
Management System ◽  
Wireless Sensor ◽  
Entrepreneurial Performance ◽  
Early Warning Management ◽  
Net Assets ◽  
People Today

Entrepreneurship has become the choice of many young people today, and many sports entrepreneurs have joined it. However, the entrepreneurial performance of sports entrepreneurs cannot be effectively guaranteed. Therefore, the design of the simulation model of the early warning management system of entrepreneurial performance is extremely urgent. It is based on the wireless sensor network that provides an important guarantee for the model design. Therefore, it is necessary to study the simulation model of sports entrepreneurship performance early warning management system based on wireless sensor network. The purpose of this paper is to start with the research on the simulation model of sports entrepreneurship performance early warning management system based on wireless sensor networks, select entrepreneurs from a sports university in our city as the analysis object, establish a wireless sensor sports entrepreneurship performance early warning management system simulation model, and then conduct multidimensional comparison. The research results show that the entrepreneurial performance of entrepreneurial projects continues to rise quarter by quarter. By the fourth quarter, product growth rates, labor productivity, and return on net assets had all increased by about 20%, while the turnover rate remained within the range of 20%-25%. It can be seen that the research on the simulation model of sports entrepreneurship performance early warning management system based on wireless sensor network can effectively improve the competitiveness of entrepreneurial projects.

scholarly journals Analisis Pengaruh Variabel Makro Ekonomi terhadap Nilai Aktiva Bersih Reksadana Saham Syariah Periode 2015-2019

2021 ◽  
Vol 1 (2) ◽  
pp. 332-348
Author(s):  
Hani Nurrahmawati ◽  
Hasbi Assidiki Mauluddi ◽  
Endang Hatma Juniwati
Keyword(s):  
Exchange Rate ◽  
Mutual Funds ◽  
Stock Price ◽  
Price Index ◽  
Coefficient Of Determination ◽  
Series Data ◽  
Asset Value ◽  
Net Asset Value ◽  
Net Assets ◽  
Stock Price Index

The title of this research is Analysis Influence of Macroeconomic to Net Asset Value of Islamic Mutual Fund Equity period 2015-2019. The purpose of this study is to determine the effect of partially and simultaneously variables of BI Rate, Inflation, Composite Stock Price Index and Exchange Rate on Net Asset Value of Sharia Mutual Funds in Indonesia in the period January 2015 - December 2019. The dependent variable is Net Asset Value of Sharia Mutual Funds, while the independent variables are BI Rate, Inflation, Composite Stock Price Index and Exchange Rate.Types of data used in this study are secondary data sourced from OJK, IHSG-IDX and BI published between 2015-2019. All of the data will be processed panel data which is a combination of time series data and cross section data. The results of this research showed that in the partial just variables of the BI Rate, Inflation, Composite Stock Price Index and Exchange Rate influenced to Net Assets Value of Islamic Mutual Funds in Indonesia, and simultaneous from variables of the BI Rate, Inflation, Composite Stock Price Index and Exchange Rate influenced to Net Assets Value of Islamic Mutual Funds in Indonesia and the value of Adjusted R-square coefficient of determination is 0.311175 means in togetherness variables of the BI Rate, Inflation, Composite Stock Price Index and Exchange Rate have a contribution influenced NAV of Islamic Mutual Funds in the amount of 31%, while the rest is 69% influenced by other variables that are not included into this research.

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