ANALISIS KELAYAKAN FINANSIAL USAHA PENANGKARAN BENIH PADI DI UD PENANGKARAN BENIH SRIWIJAYA

Studi Kasus pada UD Sriwijaya Noelbaki Kecamatan Kupang Tengah Kabupaten Kupang Provinsi NTT

Abstract

ABSTRACT

This research is about "Financial Feasibility Analysis of UD Sriwijaya Rice Seed Breeding Business." This research is a case study at UD Sriwijaya Noelbaki, Central Kupang District, Kupang Regency, NTT Province. This research aims to analyze the financial feasibility of UD Sriwijaya's rice seed breeding business. This research was conducted from March 2021 to April 2021. Data analysis was carried out using the financial feasibility criteria of Net Present Value (NPV), Net Benefit Cost Ratio (Net B / C), Internal Rate of Return (IRR), Payback Period (PP ) as well as after-financing analysis and sensitivity analysis. The results of the analysis showed that the rice seed breeding business for five years was financially feasible with a Net Present Value of Rp. 140.088.864, -, - which is positive (NPV> 0), Net B / C is 1.33 where Net B / C> 1, Internal Rate of Return (IRR) is 25.68% where the IRR is greater than the level the prevailing interest rate is 12% and Payback Period (PP) for 4 years 8 months 12 days. After financing analysis results with the assumption of 100% loan capital, UD Sriwijaya is still in the proper criteria. The sensitivity analysis shows that the occurrence of crop failure in the first year and fifth year by 50% makes this business unfeasible and a 4% decrease in income every year results in UD Sriwijaya being unfit.

Keywords: Financial Feasibility Analysis, Before and After Financing Analysis, Sensitivity Analysis, Breeding of Rice Seeds (Oryza sativa L),