TUGAS MAN.

KEUANGAN
Analisis Rasio Keuangan PT. KAI TAHUN 2020
KELOMPOK 3
RAHMA AGUSTINA 102021027
NURJANAH 102021064
YESSI INDAH PURWANTI 102021021
LAELASARI 102021053
M. RADHEYA 102021043
 RASIO KEUANGAN STANDAR INDUSTRI
Rasio lancar 𝟎, 𝟗𝟖𝟕𝟒
Rasio kas 𝟎, 𝟕𝟏𝟐𝟎
Rasio cepat 𝟎, 𝟖𝟖𝟗𝟏
𝐃𝐞𝐛𝐭 𝐫𝐚𝐭𝐢𝐨 𝟔𝟕, 𝟗𝟕%
𝐃𝐞𝐛𝐭 𝐭𝐨 𝐞𝐪𝐮𝐢𝐭𝐲 𝐫𝐚𝐭𝐢𝐨 𝟐𝟏𝟐, 𝟐𝟓%
Time interest earned ratio 𝟏, 𝟎𝟔
Fixed charge coverage ratio 𝟐, 𝟎𝟔
Debt service ratio -
𝐏𝐞𝐫𝐩𝐮𝐭𝐚𝐫𝐚𝐧 𝐩𝐞𝐫𝐬𝐞𝐝𝐢𝐚𝐚𝐧 𝟏𝟖, 𝟓𝟑
Average day’s inventory 𝟏𝟗, 𝟒𝟏
Perputaran piutang -
Receivable collection period -
Perputaran activa tetap 𝟎, 𝟖𝟒𝟕𝟐
Perputaran active 𝟎, 𝟑𝟑𝟗𝟕
Gross profit margin 𝟔, 𝟒𝟒%
𝐩𝐫𝐨𝐟𝐢𝐭 𝐦𝐚𝐫𝐠𝐢𝐧 −𝟗, 𝟔𝟎%
Net profit margin 𝟏𝟐, 𝟐𝟖%
Return on asset −𝟑, 𝟐𝟔%
Return on equity −𝟏𝟎, 𝟏𝟖%
Return on investment −𝟔𝟒𝟎. 𝟒𝟎%
Earning per shape − 𝟏𝟐. 𝟓𝟖𝟏. 𝟒𝟓𝟐
Price earning ratio 𝟗𝟕𝟓, 𝟏𝟒𝟓𝟐𝟑𝟖
Market to book value ratio 𝟏𝟐, 𝟐𝟔𝟖. 𝟕𝟒𝟑
 Analisis laporan keuangan PT. KAI
tahun 2020

A. RASIO LIKUIDITAS
1. RASIO LANCAR (Current Ratio)
𝑎𝑠𝑒𝑡 𝑙𝑎𝑛𝑐𝑎𝑟 9.164.500.411
𝑅𝑎𝑠𝑖𝑜 𝐿𝑎𝑛𝑐𝑎𝑟 = = = 0,9874
ℎ𝑢𝑡𝑎𝑛𝑔 𝑙𝑎𝑛𝑐𝑎𝑟 9.281.616.345
2. RASIO KAS (Cash Ratio)
𝑘𝑎𝑠 𝑑𝑎𝑛 𝑠𝑒𝑡𝑎𝑟𝑎 𝑘𝑎𝑠 6.609.296.498
𝑅𝑎𝑠𝑖𝑜 𝐾𝑎𝑠 = = = 0,7120
ℎ𝑢𝑡𝑎𝑛𝑔 𝑙𝑎𝑛𝑐𝑎𝑟 9.281.616.345
3. RASIO CEPAT (Quick Ratio)
𝐴𝑠𝑒𝑡 𝑙𝑎𝑛𝑐𝑎𝑟 − 𝑝𝑒𝑟𝑠𝑒𝑑𝑖𝑎𝑎𝑛 9.164.500.411 − 912.156.310
𝑅𝑎𝑠𝑖𝑜 𝐶𝑒𝑝𝑎𝑡 = = = 0,8891
ℎ𝑢𝑡𝑎𝑛𝑔 𝑙𝑎𝑛𝑐𝑎𝑟 9.281.616.345

B. RASIO LEVERAGE
1. 𝑫𝒆𝒃𝒕 𝒓𝒂𝒕𝒊𝒐
𝑡𝑜𝑡𝑎𝑙 ℎ𝑢𝑡𝑎𝑛𝑔 36.167.089.500
= × 100% = × 100% = 67,97%
𝑡𝑜𝑡𝑎𝑙 𝑎𝑘𝑡𝑖𝑣𝑎 53. 207.069.002

2. 𝑫𝒆𝒃𝒕 𝒕𝒐 𝒆𝒒𝒖𝒊𝒕𝒚 𝒓𝒂𝒕𝒊𝒐

𝑡𝑜𝑡𝑎𝑙 ℎ𝑢𝑡𝑎𝑛𝑔 36.167.089.500
= × 100% = × 100% = 212,25%
𝑚𝑜𝑑𝑎𝑙 17.039.979.502

3. Time interest earned ratio

Laba sebelum bunga & pajak 1.007.074.012
= = = 1,06
𝑏𝑒𝑏𝑎𝑛 𝑏𝑢𝑛𝑔𝑎 953.060.172

4. Fixed charge coverage ratio

𝐸𝐵𝐼𝑇 + 𝑏𝑢𝑛𝑔𝑎 + 𝑎𝑛𝑔𝑠𝑢𝑟𝑎𝑛 𝑙𝑒𝑎𝑠𝑒 1.007.074.012 + 953.060.172
= = 2,06
𝑏𝑢𝑛𝑔𝑎 + 𝑎𝑛𝑔𝑠𝑢𝑟𝑎𝑛 𝑙𝑒𝑎𝑠𝑒 953.060.172

5. Debt service ratio

𝑙𝑎𝑏𝑎 𝑠𝑒𝑏𝑒𝑙𝑢𝑚 𝑏𝑢𝑛𝑔𝑎 & 𝑝𝑎𝑗𝑎𝑘
𝑎𝑛𝑔𝑠𝑢𝑟𝑎𝑛 𝑝𝑜𝑘𝑜𝑘 𝑝𝑖𝑛𝑗𝑎𝑚𝑎𝑛
𝑏𝑢𝑛𝑔𝑎 + 𝑠𝑒𝑤𝑎 +
(1 − 𝑡𝑎𝑟𝑖𝑓 𝑝𝑎𝑗𝑎𝑘)

C. RASIO AKTIVITAS
1. 𝑷𝒆𝒓𝒑𝒖𝒕𝒂𝒓𝒂𝒏 𝒑𝒆𝒓𝒔𝒆𝒅𝒊𝒂𝒂𝒏
ℎ𝑎𝑟𝑔𝑎 𝑝𝑜𝑘𝑜𝑘 𝑝𝑒𝑛𝑗𝑢𝑎𝑙𝑎𝑛 16.910.622.755
= = = 18,53
𝑟𝑎𝑡𝑎 − 𝑟𝑎𝑡𝑎 𝑝𝑒𝑟𝑠𝑒𝑑𝑖𝑎𝑎𝑛 912.156.310
2. Average day’s inventory
𝑟𝑎𝑡𝑎 − 𝑟𝑎𝑡𝑎 𝑝𝑒𝑟𝑠𝑒𝑑𝑖𝑎𝑎𝑛 × 360 912.156.310 × 360
= = = 19,41
ℎ𝑎𝑟𝑔𝑎 𝑝𝑜𝑘𝑜𝑘 𝑝𝑒𝑛𝑗𝑢𝑎𝑙𝑎𝑛 16.910.622.755
3. Perputaran piutang
 𝑝𝑒𝑛𝑗𝑢𝑎𝑙𝑎𝑛 𝑘𝑟𝑒𝑑𝑖𝑡
𝑟𝑎𝑡𝑎 𝑟𝑎𝑡𝑎 𝑝𝑖𝑢𝑡𝑎𝑛𝑔
4. Receivable collection period
𝑟𝑎𝑡𝑎 − 𝑟𝑎𝑡𝑎 𝑝𝑖𝑢𝑡𝑎𝑛𝑔 × 360
𝑝𝑒𝑛𝑗𝑢𝑎𝑙𝑎𝑛 𝑘𝑟𝑒𝑑𝑖𝑡
5. Perputaran activa tetap
𝑝𝑒𝑛𝑗𝑢𝑎𝑙𝑎𝑛 18.074.850.763
= = = 0,8472
𝑎𝑘𝑡𝑖𝑣𝑎 𝑡𝑒𝑡𝑎𝑝 21.334.625.651
6. Perputaran active
𝑝𝑒𝑛𝑗𝑢𝑎𝑙𝑎𝑛 18.074.850.763
= = = 0,3397
𝑡𝑜𝑡𝑎𝑙 𝑎𝑘𝑡𝑖𝑣𝑎 53.207.069.002

D. PROFIT MARGIN
1. Gross profit margin
𝑙𝑎𝑏𝑎 𝑘𝑜𝑡𝑜𝑟 1.164.228.008
= × 100% = × 100% = 6,44%
𝑝𝑒𝑛𝑗𝑢𝑎𝑙𝑎𝑛 18.074.850.763

2. 𝒑𝒓𝒐𝒇𝒊𝒕 𝒎𝒂𝒓𝒈𝒊𝒏
𝐸𝐴𝑇 −1.736.237.692
= × 100% = × 100% = −9,60%
𝑝𝑒𝑛𝑗𝑢𝑎𝑙𝑎𝑛 18.074.850.763

3. Net profit margin

𝐸𝐵𝐼𝑇 2.220.294.721
× 100% = × 100% = 12,28%
𝑃𝑒𝑛𝑗𝑢𝑎𝑙𝑎𝑛 18.074.850.763

4. Return on asset
𝐸𝐴𝑇 −1.736.237.692
× 100% = × 100% = −3,26%
𝑡𝑜𝑡𝑎𝑙 𝑎𝑘𝑡𝑖𝑣𝑎 53.207.069.002

5. Return on equity
𝐸𝐴𝑇 − 1.736.237.692
× 100% = × 100% = − 10,18%
𝑀𝑜𝑑𝑎𝑙 𝑠𝑒𝑛𝑑𝑖𝑟𝑖 17.039.979.502

6. Return on investment
𝐸𝐴𝑇 −1.736.237.692
× 100% = × 100% = −640.40%
𝑖𝑛𝑣𝑒𝑠𝑡𝑎𝑠𝑖 271.116.035

7. Earning per shape

𝐸𝐴𝑇 − 1.736.237.692
= = = − 12.581.452
𝑗𝑢𝑚𝑙𝑎ℎ 𝑙𝑒𝑚𝑏𝑎𝑟 𝑠𝑎ℎ𝑎𝑚 12.268

E. RASIO PENILAIAN
1. Price earning ratio
 Harga pasar saham 12.268.743.000
= = 975,145238
Laba per lembar saham 12.581.452

2. Market to book value ratio

Harga pasar saham 12.268.743.000
= = 12,268.743
Nilai buku saham 1.000.000