LIKUIDITAS

Current Ratio

Cash Ratio

Quick Ratio

RUMUS
current assets
current liabilities

x 100%

cash+marketable securities
current liabilities

x 100%

cash+marketable securities+receivable
current liabilities

100%

current assetsinventory
current liabilities
Working capital (profit) to total assets
ratio

net working capital

total assets

x 100%

x 100%

ATAU

working capital (modal kerja)

total assets

100%
Net working capital

current assets current liabilities

SOLVABILITAS
Total assets to total debt ratio

Total equity to debt ratio

Total equity to long term debt ratio

Tangible assets debt coverage

RUMUS
total assets
total debt

x 100%

total equity
total debt

x 100%

total equity
long term debt

x 100%

total assetsintangiblecurrent liabilities

x
long term debt
100%

Time interest earned ratio

EBIT
interest

x 100%

AKTIVITAS

RUMUS

Total assets turn over

net sales
total assets

Receivable turn over

net credit sales

averagereceivable

x 1 kali

penjualan kredit
ratarata piutang

x 1 kali

x 1 kali

atau

Average receivable

receivable awal tahun+ receivable akhir tahun

2

Average receivable collection period

averagereceivable
net credit sales

x 360

Inventory turnover

cost of goods sold

average inventory

x 1 kali

Finish goods turn over

cost of good sold

average finish goods inventory

Average days inventory

average inventory
cost of goods sold

Working capital turn over

net sales
net working capital

Net working capital

Current assets turn over

x 1 kali

x 360

x 1 kali

current assets current liabilities

net sales
current assets

x 1 kali

cost of goods manufactured

average GIP inventory

Goods in process turn over

Cost of goods manufakture

x 1 kali

Pers. GIP awal tahun + cost of RM used +

direct labor + factory overhead persediaan

cost of raw material used

average RM inventory

Raw material turn over

x 1 kali

Cost of raw material used

RM awal tahun + pembelian RM akhir

tahun

RENTABILITAS
Profit of total assets

RUMUS

total profit
total assets

gross profit on sale

sales

Gross profit margin

Gross profit on sale
Operating profit
income rasio

x 100%

Sales- cost of goods sold

margin

EBIT
net sales

operating

EBIT
Operating rasio
Operating expenses

Sales COGS operating expenses

operating expenses
net expenses
General expenses + adm expenses +
sales expenses

Net profit margin / sales margin

EAT
net sales

ROA

EBIT
total assets

atau

operating profit margin x total assets

turn over
Net earning power ratio / ROI

NOI
Rentabilitas ekonomi

EAT
total assets
Net sales operating ratio

L
M

x 100% atau

PM

net operating income

net sales

OATO

net sales
net operating assets

Keterangan :
Hubungan PM dan OATO

PM X OATO = RE

NOI
net sales
NOI

=
RE
net sales net operating assets NOA
L
; jumlah laba yang diperoleh
selama periode tertentu
M
: jumlah modal atau aktiva yang
digunakan untuk menghasilkan laba
tsb.

NOI
NOA

x 100%

x 100%

BEP
BEP(Q) atas dasar unit
BEP

(S)

atas dasar penjualan dalam rupiah

Penjualan
Keterangan :
BEP

: break even point

Q
: quantity (jumlah produk yang
dihasilkan dan dijual)
FC

: Fixed cost

: price (harga jual perunit)

: biaya variable

Vc

: variable cost

: volume penjualan

RUMUS

FC
pv
FC
VC
1
s
Biaya + laba sales = FC + VC + Net
income

DOL (tingkat operating laverage)

perusahaan EBIT
perubahan unit penjualan

EBIT

EBIT

S
S

Keterangan
Q

: jumlah unit (total quantity)

: harga perunit

: biaya variable perunit

: biaya tetap per unit

Q( PV )
Q ( PV )F

DFL (tingkat financial laverage)

perubahan EPS
perubahan EBIT

dibayarkan)
EAT
EPS = saham beredar

EPS
EPS

EBIT
EBIT

EBIT
EBIT iB

ket :iB ( investasi yg