2. Ratio Leverage
a. Total Debt to Equity Ratio
=
����� ������ ����� �������
x 100
Total Debt to Equity Ratio 2013 =
�� 395.000.000 �� 1.697.226.673,10
x100 =
23,27 Total Debt to Equity Ratio 2014 =
�� 362.000.000 �� 1.916.064.045,60
x 100 =
18,90
b. Debt Ratio
=
����� ������ ����� ������
x 100
Debt Ratio 2013 =
�� 395.000.000 �� 2.569.218.357,61
x 100 =
15,37 Debt Ratio 2014 =
�� 362.000.000 �� 2.813.794.130,11
x 100 =
12,87
3. Ratio Aktivitas
a. Receivable Turnover
=
���������� ������� ���� −����
x 1kali
Receivable Turnover 2013 =
�� 578.707.572 �� 2.345.678.492
x1 kali =
0,25 kali
Receivable Turnover 2014 =
�� 668.449.401 �� 2.716.886.592
x 1kali =
0,25 kali b.
Total Asset Turnover Total Asset Turnover
=
���������� ����� ������
x 1kali
Total Asset Turnover 2013 =
�� 578.707.572 �� 2.569.218.357,61
x 1kali =
0,22 kali Total Asset Turnover 2014 =
�� 668.449.401 �� 2.813.794.130,11
x 1kali =
0,24 kali c.
Working Capital Turnover
Working Capital Turnover =
���������� ������ ������ −������ ������
x 1kali
Working Capital Turnover 2013
=
�� 578.707.572 �� 2.534.755.441,98−�� 395.000.000
x 1kali
= 0,28 kali Working Capital Turnover 2014
=
�� 668.449.401 �� 2.796.473,98−�� 362.000.000
x 1kali
= 0,28 kali
4. Ratio Profitabilitas
a. Net Profit Margin
=
��� ������ ����������
x100
Net Profit Margin 2013 =
�� 160.063.174 �� 578.707.572
x100 =
27,65 Net Profit Margin 2014 =
�� 178.527.392 �� 668.449.401
x 100 =
26,71 b.
Return On Investmen =
��� ������ ����� ������
x 100
Return On Investmen 2013 =
�� 160.063.174 �� 2.569.218.357,61
x100 = 6,24
Return On Investmen 2014 =
�� 178.527.392 2.813.794.130,11
x 100 = 6,35
c. Return On Equity
Return On Equity =
��� ������ ����� �������
x 100
Return On Equity 2013 =
�� 160.063.174 �� 1.697.226.673,10
x 100 = 9,43
Return On Equity 2014 =
�� 178.527.392 �� 1.916.064.045.60
x 100 = 9,31
d. Operating Ratio
Operating Ratio =
����� ���ℎ� ����������
x 100
Operating Ratio 2013 =
�� 418.644.398 �� 578.707.572
x 100 = 72,34
Operating Ratio 2014 =
�� 489.922.009 �� 668.449.401
x 100 = 73,30
Berdasarkan laporan keuangan Koperasi Pegawai Republik Indonesia Mutiara KP-RI Mutiara di Kisaran Kabupaten Asahan yaitu neraca dan laporan laba rugi
selama dua tahun, yaitu mulai dari tahun 2013 sampai 2014, maka selanjutnya penulis melakukan analisis dan valuasi terhadap ratio – ratio keuanga Koperasi Pegawai
Republik Indonesia Mutiara sebagai berikut :
1. Ratio Likuiditas
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