1.
Rasio Likuiditas
a. Acid Test = Aktiva Lancar-Persediaan
Passiva Lancar
b. Interest Coverage = EBIT
Interest Exspense
c. Working Capital = Current Assets
Current Liabilities
2. Rasio Pembiayaan
a. Debt to Equity Ratio = Total Debit = Rp6,657,165,872,077 =
Total Equity
b. Debt to Asset Ratio = Total Debit = Rp6,657,165,872,077 =
Total Asset
c. Colvency Ratio = Net Income + Depreciation =
ST Liab + LT Liab
3. Rasio Aktivitas
a. Asset Turnover = Revenue
Total Assets
b. Avg Collection Period = Days x Avg Amount of Acc Receivable
Net Credit Sales During The Period
d. Inventory Turnover = Cost Good of Sold
Avg Inventory
4. Rasio Kinerja
a. Earnings Per Share = Net Income
Outstanding Shares
b. Price to Earnings = Share Price
EPS
c. Book Value Per Share = Total Common Equity
Outstanding Shares
d. Price to Book Value = Share Price
BVPS
e. Return on Assets = Net Income
Total Assets
f. Cash Return on Assets = Cash Flow from Operation
ROA
g. Dividend Payout Ratio = Total Dividend
Net Income
h. Dividend Yield = Dividend Per Share
Share Price
i. Gross Profit Margin = 62.10898419
= Rp8,739,782,750,141 -
Rp 3,884,051,319,005
= Rp2,315,242,242,867 =
Rp377,519,688,323
= Rp8,739,782,750,141 =
Rp3,884,051,319,005
Rp6,265,255,987,065
Rp12,922,421,859,142
Rp1,388,676,127,665 =
Rp6,657,165,872,077
= Rp18,349,959,898,358 =
Rp12,922,421,859,142
=
= Rp13,449,537,442,446 =
Rp1,149,954,545
= Rp1,388,676,127,665 =
Rp22,358,699,725
= Rp1,620 =
62.1089841871
= Rp6,265,255,987,065 =
Rp22,358,699,725
= Rp1,620 =
280
= Rp1,388,676,127,665 =
Rp12,922,421,859,142
= Rp6,684,219 =
0.1074625285
= Rp149,095,678,240 =
Rp1,388,676,127,665
= Rp333,418 =
Rp1,620
= Rp4,900,422,455,912 =
 Revenue Rp18,349,959,898,358
j. Net Profit Margin = Net Income = Rp1,388,676,127,665 =
IDR 22,358,699,725 Rp18,349,959,898,358
k. Return on Equity = Net Income = Rp1,388,676,127,665 =
Share Price Rp447,173,994,500
=

Total Dividend

2299999346359 0.107462529

Total Dividend

333418
Share Price

18349959898358

Total Dividend
18349959898358

Total Dividend
Rp2,123,676,041,546 = Rp 6,616,106,708,595 1.7034035251

6.1327721824

2.2501718006

1.0625528926 1.0625528926

0.5151639487

0.2085986972

1.4200093526 utang usaha

IDR1,601,765,772,605 = 9%
###
11695.7122356919

62.1089841871 62.1089841871
IDR 56 4719616%
26.083182992 26.083182992 IDR 838

280.2155789077

5.7812631486

0.1074625285 0.1074625285

62200462.7256971

0.1073653354 0.1073653354

205.8137885873 205.8137885873

0.2670535785 0.2670535785
0.0756773386 0.0756773386

3.1054492094 3.1054492094
 Cash + Acc Receivable+ST Investments
Current Liabilities
ebit : pendapatan sebelum bunga dan pajak (laba operasi)
beban bunga

utang usaha
1. Rasio Likuiditas
a. Acid Test = Aktiva Lancar-Persediaan =
Passiva Lancar
b. Interest Coverage = EBIT
Interest Exspense
c. Working Capital = Current Assets
Current Liabilities
Rp1,763,233,048,130 -
Rp6,148,255,759,034
= Rp1,640,494,765,801 =
Rp407,623,325,589
= Rp1,682,975,365,772 =
Rp784,000,000,000

2. Rasio Pembiayaan
a. Debt to Equity Ratio = Total Debit
Total Equity
b. Debt to Asset Ratio = Total Debit
Total Asset
c. Colvency Ratio = Net Income + Depreciation
ST Liab + LT Liab
= Rp1,022,643,536,695 =
Rp5,194,459,927,187
= Rp1,022,643,536,695 =
Rp11,342,715,688,221
= Rp1,250,233,128,560 =
Rp6,148,255,759,034

3. Rasio Aktivitas
a. Asset Turnover = Revenue = Rp14,818,730,635,847 =
Total Assets Rp11,342,715,688,221
b. Avg Collection Period = Days x Avg Amount of Acc Receivable =
Net Credit Sales During The Period
d. Inventory Turnover = Cost Good of Sold = Rp19,594,636 =
Avg Inventory Rp1,763,233,048,130

4. Rasio Kinerja
a. Earnings Per Share = Net Income = Rp1,250,233,128,560 =
Outstanding Shares Rp22,358,699,725
b. Price to Earnings = Share Price = Rp1,570 =
EPS Rp56
c. Book Value Per Share = Total Common Equity = Rp5,194,459,927,187 =
Outstanding Shares Rp22,358,699,725
d. Price to Book Value = Share Price = Rp1,570 =
BVPS Rp232
e. Return on Assets = Net Income = Rp1,250,233,128,560 =
Total Assets Rp11,342,715,688,221
f. Cash Return on Assets = Cash Flow from Operation= Rp14,503,814,621,943 =
ROA 0.1102234388
g. Dividend Payout Ratio = Total Dividend = Rp143,095,678,240 =
Net Income Rp1,250,233,128,560
h. Dividend Yield = Dividend Per Share = Rp320,001 =
Share Price Rp1,570
i. Gross Profit Margin = Gross Profit = Rp4,198,336,120,007 =
Revenue Rp14,818,730,635,847
j. Net Profit Margin = Net Income = Rp1,250,233,128,560 =
Revenue Rp14,818,730,635,847
k. Return on Equity = Net Income = Rp1,250,233,128,560 =
Total Shareholders Equity Rp5,194,459,927,187
 Rp1,682,075,365,712 = 0.0132001149 1.3%
148,255,759,034
4.024536043

2.1466522523

0.1968719657 20%

0.090158615

0.2033476123

1.3064535022

IDR123,342,428,995 = 1%
Rp14,818,730,635,847
1.11129019619846E-05
IDR1,865,016,846,174

55.9170767503 5592%
56.32 47196.16
28.07729036 2808% 838

232.3238824742

6.7578071754

0.1102234388 11%

###

0.1144551964 11%

203.8221093445 20382%

0.2833128034 28%

0.0843684361 8%
0.2406858742 24%
 Analisis Rasio Keuangan
31 Desember 2016 dan 2015
(Dalam Jutaan Rupiah)
Rasio Keuangan 2016 2015
1. Rasio Likuiditas
a. Acid Test
Aktiva Lancar-Persediaan Rp6,616,106,709 = 0.001703404 Rp 81,157,683
Passiva Lancar Rp 3,884,051,319,005 Rp6,148,255,759,034

b. Interest Coverage
EBIT Rp2,315,242,242,867 = 6.13 Rp1,640,494,765,801
Interest Exspense Rp377,519,688,323 Rp407,623,325,589
c. Working Capital

Current Assets Rp8,739,782,750,141 = 225% Rp1,682,975,365,772

Current Liabilities Rp3,884,051,319,005 Rp784,000,000,000
2. Rasio Pembiayaan
a. Debt to Equity Ratio
Total Debt Rp 6,657,165,872,077 = 1.06 Rp1,022,643,536,695
Total Equity Rp 6,265,255,987,065 Rp5,194,459,927,187
b. Debt to Asset Ratio
Total Debt Rp 6,657,165,872,077 = 0.52 Rp 1,022,643,536,695
Total Asset Rp12,922,421,859,142 Rp11,342,715,688,221
c. Colvency Ratio
Net Income + Depreciation Rp1,388,676,127,665 = 0.21 Rp1,250,233,128,560
ST Liab + LT Liab Rp 6,657,165,872,077 Rp6,148,255,759,034
3. Rasio Aktivitas
a. Asset Turnover
Revenue Rp18,349,959,898,358 = 1.42 Rp14,818,730,635,847
Total Asset Rp12,922,421,859,142 Rp11,342,715,688,221
b. Debt to Asset Ratio
Days x Avg Amount of Acc Receivable IDR 1,601,765,772,605 = 0.087289879 IDR123,342,428,995
Net Credit Sales During The Period Rp 18,349,959,898,358 Rp14,818,730,635,847
c. Inventory Turnover
Cost Good of Sold Rp13,449,537,442,446 = 11695.71 Rp19,594,636
Avg Inventory Rp1,149,954,545 Rp1,763,233,048,130
4. Rasio Kinerja
a. Earnings Per Share
Net Income Rp 1,388,676,127,665 = 62.11 Rp1,250,233,128,560
Outstanding Shares Rp22,358,699,725 Rp22,358,699,725
b. Price to Earnings
Share Price Rp1,620 = 26.08 Rp1,570
EPS 62.10898419 Rp 56
c. Book Value Per Share
Total Common Equity Rp6,265,255,987,065 = 3867441967 Rp5,194,459,927,187
Outstanding Shares Rp1,620 Rp 1,570
d. Price to Book Value
Share Price Rp 1,620 = 4.18882E-07 Rp 1,570
BVPS 3867441967 3308573202
e. Return on Assets
Net Income Rp 1,388,676,127,665 = 0.11 Rp 1,250,233,128,560
Total Assets Rp12,922,421,859,142 Rp11,342,715,688,221
f. Cash Return on Assets
Cash Flow from Operation Rp 6,684,219 = 62200462.45 Rp14,503,814,621,943
ROA 0.107462529 0.1102234388
g. Dividend Payout Ratio
Total Dividend Rp149,095,678,240 = 0.107 Rp143,095,678,240
Net Income Rp 1,388,676,127,665 Rp 1,250,233,128,560
h. Dividend Yield
Dividend Per Share Rp 333,418 = 205.814 Rp320,001
Share Price Rp 1,620 Rp 1,570
i. Gross Profit Margin
Gross Profit Rp4,900,422,455,912 = 0.267 Rp4,198,336,120,007
Revenue Rp18,349,959,898,358 Rp14,818,730,635,847
j. Net Profit Margin
Net Income Rp 1,388,676,127,665 = 0.076 Rp 1,250,233,128,560
Revenue Rp 18,349,959,898,358 Rp14,818,730,635,847
k. Return on Equity
Net Income Rp 1,388,676,127,665 = 3.105 Rp 1,250,233,128,560
Total Shareholders Equity Rp447,173,994,500 Rp 5,194,459,927,187
Keuangan
16 dan 2015
Rupiah)
2015 Intepretasi

= 1.320011499 Artinya kinerja perusahaan kurang baik karena

kecukupan aset lancar yang digunakan membayar
kewajiban jangka pendek menurun dari 43% di tahun
2015 menjadi 39% di tahun 2016.

Artinya kinerja perusahaan kurang baik karena

kemampuan perusahaan untuk membayar bunga atas
= 4.02 pinjaman menurun dari 65,96 di tahun 2015 menjadi
60,84 di tahun 2016.

Artinya kinerja perusahaan stabil karena kecukupan

aset lancar perusahaan untuk menutupi kewajiban
lancarnya tetap untuk tahun 2015 dan 2016 yaitu
= 215% sebesar 61%

Artinya kinerja perusahaan kurang baik karena

besarnya hutang yang digunakan perusahaan untuk
= 0.20 permodalan meningkat dari 2,26 di tahun 2015
menjadi 2,56 di tahun 2014

Artinya kinerja perusahaan kurang baik karena

= 0.09 besarnya asset yang diperoleh dari hutang mengalami
kenaikan dari 0,69 menjadi 0,72
Artinya kinerja perusahaan kurang baik karena
kecukupan cash flow perusahaan untuk membayar
= 0.20 hutang mengalami penurunan dari sebesar 0,1 dari
0,54 menjadi 0,53

= 1.31

= 0.0083234139

= 0.0
= 55.9

= 28.04

= 3308573202

= 4.745247888277E-07

= 0.1102234388

= 131585575436515

= 0.1144551964

= 203.82

= 0.28

= 0.08

= 0.24