Nama : Syaefudin Dwi Istiyanto

NIM : 20808141138
Kelas : D20

Tugas 5
Keuangan Internasional
Rasio-rasio Finansial
1. Profitabilitas
Net Income Rp 249,076,655
Total Operating Revenues Rp 330,675,687,019
Earning Before Interest and Taxes Rp 6,564,977,193
Total Assets Rp 498,020,612,974
Stockholders’ Equity Rp 100,000,000,000

a. Profit Margin (PM)

𝑵𝒆𝒕 𝑰𝒏𝒄𝒐𝒎𝒆
𝑁𝑒𝑡 𝑃𝑟𝑜𝑓𝑖𝑡 𝑀𝑎𝑟𝑔𝑖𝑛 =
𝑻𝒐𝒕𝒂𝒍 𝑶𝒑𝒆𝒓𝒂𝒕𝒊𝒏𝒈 𝑹𝒆𝒗𝒆𝒏𝒖𝒆𝒔

249,076,655
=
330,675,687,019

= 0.000753

𝑬𝒂𝒓𝒏𝒊𝒏𝒈 𝑩𝒆𝒇𝒐𝒓𝒆 𝑰𝒏𝒕𝒆𝒓𝒆𝒔𝒕 𝒂𝒏𝒅 𝑻𝒂𝒙𝒆𝒔

𝐺𝑟𝑜𝑠𝑠 𝑃𝑟𝑜𝑓𝑖𝑡 𝑀𝑎𝑟𝑔𝑖𝑛 =
𝑻𝒐𝒕𝒂𝒍 𝑶𝒑𝒆𝒓𝒂𝒕𝒊𝒏𝒈 𝑹𝒆𝒗𝒆𝒏𝒖𝒆𝒔

𝟔, 𝟓𝟔𝟒, 𝟗𝟕𝟕, 𝟏𝟗𝟑

=
𝟑𝟑𝟎, 𝟔𝟕𝟓, 𝟔𝟖𝟕, 𝟎𝟏𝟗

=0.0199

b. Return on Assets (ROA)

𝑵𝒆𝒕 𝑰𝒏𝒄𝒐𝒎𝒆 𝟐𝟒𝟗, 𝟎𝟕𝟔, 𝟔𝟓𝟓
𝑁𝑒𝑡 𝑅𝑂𝐴 = = = 𝟎. 𝟎𝟎𝟎𝟓
𝑻𝒐𝒕𝒂𝒍 𝑨𝒔𝒔𝒆𝒕𝒔 𝟒𝟗𝟖, 𝟎𝟐𝟎, 𝟔𝟏𝟐, 𝟗𝟕𝟒

𝑬𝒂𝒓𝒏𝒊𝒏𝒈 𝑩𝒆𝒇𝒐𝒓𝒆 𝑰𝒏𝒕𝒆𝒓𝒆𝒔𝒕 𝒂𝒏𝒅 𝑻𝒂𝒙𝒆𝒔

𝐺𝑟𝑜𝑠𝑠 𝑅𝑂𝐴 =
𝑻𝒐𝒕𝒂𝒍 𝑨𝒔𝒔𝒆𝒕𝒔
 𝟔, 𝟓𝟔𝟒, 𝟗𝟕𝟕, 𝟏𝟗𝟑
=
𝟒𝟗𝟖, 𝟎𝟐𝟎, 𝟔𝟏𝟐, 𝟗𝟕𝟒

=0.013

c. Return on Equity (ROE)

𝑵𝒆𝒕 𝑰𝒏𝒄𝒐𝒎𝒆 𝟐𝟒𝟗, 𝟎𝟕𝟔, 𝟔𝟓𝟓
𝑅𝑂𝐸 = = = 𝟎. 𝟎𝟎𝟐𝟓
𝑺𝒕𝒐𝒄𝒌𝒉𝒐𝒍𝒅𝒆𝒓𝒔′ 𝑬𝒒𝒖𝒊𝒕𝒚 𝟏𝟎𝟎, 𝟎𝟎𝟎, 𝟎𝟎𝟎, 𝟎𝟎𝟎

2. Financial Leverage
Total Debt Rp 112,663,245,901
Total Assets Rp 498,020,612,974
Total Equity Rp 385,357,367,073
Earning Before Interest and Taxes Rp 6,564,977,193
Interest Expense - Rp 6,315,900,538

a. Debt Ratio
𝑻𝒐𝒕𝒂𝒍 𝑫𝒆𝒃𝒕 𝟏𝟏𝟐, 𝟔𝟔𝟑, 𝟐𝟒𝟓, 𝟗𝟎𝟏
𝐷𝑒𝑏𝑡 𝑡𝑜 𝐴𝑠𝑠𝑒𝑡𝑠 𝑅𝑎𝑡𝑖𝑜 = = = 𝟎. 𝟐𝟐𝟔
𝑻𝒐𝒕𝒂𝒍 𝑨𝒔𝒔𝒆𝒕𝒔 𝟒𝟗𝟖, 𝟎𝟐𝟎, 𝟔𝟏𝟐, 𝟗𝟕𝟒

b. Debt to Equity (DE)

𝑻𝒐𝒕𝒂𝒍 𝑫𝒆𝒃𝒕 𝟏𝟏𝟐, 𝟔𝟔𝟑, 𝟐𝟒𝟓, 𝟗𝟎𝟏
𝐷𝑒𝑏𝑡 𝑡𝑜 𝐸𝑞𝑢𝑖𝑡𝑦 𝑅𝑎𝑡𝑖𝑜 = = = 𝟎, 𝟐𝟗𝟐
𝑻𝒐𝒕𝒂𝒍 𝑬𝒒𝒖𝒊𝒕𝒚 𝟑𝟖𝟓, 𝟑𝟓𝟕, 𝟑𝟔𝟕, 𝟎𝟕𝟑

c. Interest Coverage
𝑬𝒂𝒓𝒏𝒊𝒏𝒈 𝑩𝒆𝒇𝒐𝒓𝒆 𝑰𝒏𝒕𝒆𝒓𝒆𝒔𝒕 𝒂𝒏𝒅 𝑻𝒂𝒙𝒆𝒔
𝐼𝑛𝑡𝑒𝑟𝑒𝑠𝑡 𝐶𝑜𝑣𝑒𝑟𝑎𝑔𝑒 =
𝑰𝒏𝒕𝒆𝒓𝒆𝒔𝒕 𝑬𝒙𝒑𝒆𝒏𝒔𝒆

𝟔, 𝟓𝟔𝟒, 𝟗𝟕𝟕, 𝟏𝟗𝟑

=
𝟔, 𝟑𝟏𝟓, 𝟗𝟎𝟎, 𝟓𝟑𝟖

= 1,04

3. Aktivitas
Total Operating Revenue Rp 330,675,687,019
Total Assets Rp 498,020,612,974
Average Receivable 𝑅𝑒𝑐𝑒𝑖𝑣𝑎𝑏𝑙𝑒 𝑌𝑒𝑎𝑟 1 + 𝑅𝑒𝑐𝑒𝑖𝑣𝑎𝑏𝑙𝑒 𝑌𝑒𝑎𝑟 2
2
37,024,078,489.999 + 48,091,225,113
2
 = 42,557,651,801.449

Cost of Goods Sold Rp 233,761,111,651

Average Inventory 𝑅𝑒𝑐𝑒𝑖𝑣𝑎𝑏𝑙𝑒 𝑌𝑒𝑎𝑟 1 + 𝑅𝑒𝑐𝑒𝑖𝑣𝑎𝑏𝑙𝑒 𝑌𝑒𝑎𝑟 2
2
147,584,659,947 + 145,645,838,812
2

= 146,615,249,379.5

a. Assets Turnover
𝑻𝒐𝒕𝒂𝒍 𝑶𝒑𝒆𝒓𝒂𝒕𝒊𝒏𝒈 𝑹𝒆𝒗𝒆𝒏𝒖𝒆
𝐴𝑠𝑠𝑒𝑡𝑠 𝑇𝑢𝑟𝑛𝑜𝑣𝑒𝑟 =
𝑻𝒐𝒕𝒂𝒍 𝑨𝒔𝒔𝒆𝒕𝒔

𝟑𝟑𝟎, 𝟔𝟕𝟓, 𝟔𝟖𝟕, 𝟎𝟏𝟗

=
𝟒𝟗𝟖, 𝟎𝟐𝟎, 𝟔𝟏𝟐, 𝟗𝟕𝟒

=0,664

b. Receivable Turnover
𝑻𝒐𝒕𝒂𝒍 𝑶𝒑𝒆𝒓𝒂𝒕𝒊𝒏𝒈 𝑹𝒆𝒗𝒆𝒏𝒖𝒆
𝑅𝑒𝑐𝑒𝑖𝑣𝑎𝑏𝑙𝑒 𝑇𝑢𝑟𝑛𝑜𝑣𝑒𝑟 =
𝑨𝒗𝒆𝒓𝒂𝒈𝒆 𝑹𝒆𝒄𝒆𝒊𝒗𝒂𝒃𝒍𝒆

𝟑𝟑𝟎, 𝟔𝟕𝟓, 𝟔𝟖𝟕, 𝟎𝟏𝟗

=
𝟒𝟐, 𝟓𝟓𝟕, 𝟔𝟓𝟏, 𝟖𝟎𝟏. 𝟒𝟒𝟗

= 7,770

𝑫𝒂𝒚𝒔 𝒊𝒏 𝒑𝒆𝒓𝒊𝒐𝒅 (𝟑𝟔𝟓 𝒅𝒂𝒚𝒔)

𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝐶𝑜𝑙𝑙𝑒𝑐𝑡𝑖𝑜𝑛 𝑃𝑒𝑟𝑖𝑜𝑑 =
𝑹𝒆𝒄𝒆𝒊𝒗𝒂𝒃𝒍𝒆 𝒕𝒖𝒓𝒏𝒐𝒗𝒆𝒓
𝟑𝟔𝟓 𝒉𝒂𝒓𝒊
=
𝟕, 𝟕𝟕𝟎

= 𝟒𝟕 𝒉𝒂𝒓𝒊

c. Inventory Turnover
𝑪𝒐𝒔𝒕 𝒐𝒇 𝑮𝒐𝒐𝒅𝒔 𝑺𝒐𝒍𝒅
𝐼𝑛𝑣𝑒𝑛𝑡𝑜𝑟𝑦 𝑇𝑢𝑟𝑛𝑜𝑣𝑒𝑟 =
𝑨𝒗𝒆𝒓𝒂𝒈𝒆 𝑰𝒏𝒗𝒆𝒏𝒕𝒐𝒓𝒚
 𝟐𝟑𝟑, 𝟕𝟔𝟏, 𝟏𝟏𝟏, 𝟔𝟓𝟏
=
𝟏𝟒𝟔, 𝟔𝟏𝟓, 𝟐𝟒𝟗, 𝟑𝟕𝟗. 𝟓

=1,594

𝑫𝒂𝒚𝒔 𝒊𝒏 𝒑𝒆𝒓𝒊𝒐𝒅 (𝟑𝟔𝟓 𝒅𝒂𝒚𝒔)

𝐷𝑎𝑦𝑠 𝑖𝑛 𝐼𝑛𝑣𝑒𝑛𝑡𝑜𝑟𝑦 =
𝑰𝒏𝒗𝒆𝒏𝒕𝒐𝒓𝒚 𝒕𝒖𝒓𝒏𝒐𝒗𝒆𝒓
𝟑𝟔𝟓 𝒉𝒂𝒓𝒊
=
𝟏, 𝟓𝟗𝟒

= 𝟐𝟐𝟗 𝒉𝒂𝒓𝒊

4. Likuiditas
Current Assets Rp 235,891,593,162
Current Liabilities Rp 94,587,795,350
Current Assets Minus Inventory Rp 235,891,593,162 – Rp 147,584,659,947
= Rp 88,306,933,215
Cash Rp 498,020,612,974

a. Current Ratio
𝑪𝒖𝒓𝒓𝒆𝒏𝒕 𝑨𝒔𝒔𝒆𝒕𝒔 𝟐𝟑𝟓, 𝟖𝟗𝟏, 𝟓𝟗𝟑, 𝟏𝟔𝟐
𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝑅𝑎𝑡𝑖𝑜 = = = 𝟐. 𝟒𝟗𝟒
𝑪𝒖𝒓𝒓𝒆𝒏𝒕 𝑳𝒊𝒂𝒃𝒊𝒍𝒊𝒕𝒊𝒆𝒔 𝟗𝟒, 𝟓𝟖𝟕, 𝟕𝟗𝟓, 𝟑𝟓𝟎

b. Quick Ratio
𝑪𝒖𝒓𝒓𝒆𝒏𝒕 𝑨𝒔𝒔𝒆𝒕𝒔 𝑴𝒊𝒏𝒖𝒔 𝑰𝒏𝒗𝒆𝒏𝒕𝒐𝒓𝒚
𝑄𝑢𝑖𝑐𝑘 𝑅𝑎𝑡𝑖𝑜 =
𝑪𝒖𝒓𝒓𝒆𝒏𝒕 𝑳𝒊𝒂𝒃𝒊𝒍𝒊𝒕𝒊𝒆𝒔

𝟖𝟖, 𝟑𝟎𝟔, 𝟗𝟑𝟑, 𝟐𝟏𝟓

= = 𝟎. 𝟗𝟑𝟒
𝟗𝟒, 𝟓𝟖𝟕, 𝟕𝟗𝟓, 𝟑𝟓𝟎

c. Cash Ratio
𝑪𝒂𝒔𝒉 𝟒𝟗𝟖, 𝟎𝟐𝟎, 𝟔𝟏𝟐, 𝟗𝟕𝟒
𝐶𝑎𝑠ℎ 𝑅𝑎𝑡𝑖𝑜 = = = 𝟓, 𝟐𝟔𝟓
𝑪𝒖𝒓𝒓𝒆𝒏𝒕 𝑳𝒊𝒂𝒃𝒊𝒍𝒊𝒕𝒊𝒆𝒔 𝟗𝟒, 𝟓𝟖𝟕, 𝟕𝟗𝟓, 𝟑𝟓𝟎