1.

Rasio Likuiditas

Current Assets
Current ratio = 𝑥100%
Current Liabilities

Current Assets − Inventory

Quick ratio atau Acid Test ratio = 𝑥100%
Current Liabilities

Nb.
Current Assets kas, bank, efek, & piutang

Cash + Cash Equivalent

Cash ratio = 𝑥 100%
Current Liabilities
Penjualan Bersih
Rasio Perputaran Kas =
Modal Kerja Bersih
(dalam kali)

Inventory
Inventory to Net Working Capital =
Current Assets − Current Liabilities
(dalam kali)

2. Rasio Aktivitas

Penjualan Kredit
Receivable Turn Over =
Rata-rata Piutang
(dalam kali)

Rata-rata Piutang x 365

Rata-rata Penagihan Piutang =
Penjualan Kredit
(dalam hari)

Atau

365
Rata-rata Penagihan Piutang =
Receivable Turn Over

(dalam hari)

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 Sales
Inventory Turn Over =
Inventory
(dalam kali)

365
Rata-rata Persediaan =
Inventory Turn Over
(dalam hari)

Penjualan Bersih
Working Capital Turn Over =
Modal Kerja
(dalam kali)

Sales
Fixed Assets Turn Over =
Total Fixed Assets

(dalam kali)

Sales
Assets Turn Over =
Total Assets
(dalam kali)

3. Rasio Solvabilitas

Total Debt
Debt to Asset ratiob (DAR) = 𝑥100%
Total Assets

Total Debt
Debt to Equity ratio (DER) = 𝑥 100%
Equity

Long Term Debt

Long Term DER = 𝑥100%
Equity

EBIT
Times Interest Earned =
Interest Expense
(dalam kali)

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 EBT + Biaya Bunga + Kewajiban Sewa (Lease)
Fix Charge Coverage =
Biaya Bunga + Kewajiban Sewa (Lease)
(dalam kali)

4. Rasio Profitabilitas
Untuk Margin Laba Kotor
Penjualan Bersih - Harga Pokok Penjualan
Profit Margin on Sales = 𝑥100%
Sales
Untuk Margin Laba Bersih
Earning After Interest and Tax
Profit Margin on Sales = 𝑥100%
Sales

Earning After Interest and Tax

Return on Investment (ROI) = 𝑥 100%
Total Assets

Earning After Interest and Tax

Return on Equity (ROE) = 𝑥 100%
Total Equity

Laba Saham Biasa

Earning per Share =
𝐽𝑢𝑚𝑙𝑎ℎ 𝑆𝑎ℎ𝑎𝑚 𝐵𝑖𝑎𝑠𝑎 𝑦𝑎𝑛𝑔 𝐵𝑒𝑟𝑒𝑑𝑎𝑟
(dalam rupiah)

5. Rasio Nilai Pasar

Harga saham per lembar

Price Earning Ratio (PER) =
Laba per lembar saham
(dalam kali)

Harga saham per lembar

Price to Book Value Ratio (PBV) =
Nilai buku ekuitas per lembar saham
(dalam kali)

Cara mencari nilai buku ekuitas per lembar saham adalah:

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 Total Ekuitas
Book Value per Share (BVpS) =
𝐽𝑢𝑚𝑙𝑎ℎ 𝑠𝑎ℎ𝑎𝑚 𝑦𝑎𝑛𝑔 𝑏𝑒𝑟𝑒𝑑𝑎𝑟
(dalam rupiah)

6. Rasio Bank

𝐶𝑎𝑠ℎ 𝐴𝑠𝑠𝑒𝑡𝑠
Quick Ratio = 𝑥100%
Total Deposit

Cash Assets adalah kas atau setara kas yang paling likuid
Total deposit melingkupi giro, tabungan, dan deposito berjangka

𝑆𝑒𝑐𝑢𝑟𝑖𝑡𝑖𝑒𝑠
Investing Policy Ratio = 𝑥 100%
Total Deposit
Securities melingkupi efek (surat berharga seperti saham) dan deposito

𝑇𝑜𝑡𝑎𝑙 𝐿𝑜𝑎𝑛𝑠
Banking Ratio = 𝑥100%
Total Deposit
Loans melingkupi pinjaman yang diberikan dalam bentuk rupiah maupun valuta asing

𝑇𝑜𝑡𝑎𝑙 𝐿𝑜𝑎𝑛𝑠
Assets to Loan Ratio = 𝑥100%
Total Assets

𝐿𝑖𝑞𝑢𝑖𝑑 𝐴𝑠𝑠𝑒𝑡𝑠
Cash Ratio = 𝑥100%
Pinjaman Jangka Pendek

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