investornya.
“Ratio
analysis should answer
these four fundamental questions:
(Cirtin, Arnold and Lightfoot, Connie. Aug 1996)
1. Is the institution financially healthy as of the balance sheet date?
2. Is the institution financially better
off at
the end of the year than
it was at the beginning
of the year?
3. Did the institution live within its means during the year?
4.
What policies and
practices
should
the
administration
change
to
achieve
the
needed
improvements in financial results?”
Rasio-rasio keuangan
yang
biasanya
digunakan dapat
berbeda,
tergantung
dari
sumber
buku
dan
pengarangnya. Berikut
akan
diuraikan
rasio-rasio
yang
umumnya
digunakan dalam analisis laporan keuangan menurut Keown.
2.4.1 Analisis Rasio Likuiditas (Liquidity)
"Liquidity refers to the ease
with which an
asset can
be converted to cash.
The
liquid assets in a business are
cash itself, those things that are
near
to being cash, such
as
accounts
receivable
and
things
that
are
readily
convertible, such
as
marketable
securities."
(Kristy, James E. Feb 1993)
Rasio
likuiditas
adalah
rasio
yang
menunjukkan
kemampuan
suatu perusahaan
dalam
membiayai
operasi
dan
memenuhi
kewajiban-kewajiban
keuangannya
yang
harus
segera
dipenuhi.
Sehingga
rasio
likuiditas
dapat
diartikan
sebagai
kemampuan suatu
perusahaan untuk
memenuhi kewajiban keuangan pada saat ditagih. Yang
termasuk dalam
rasio likuiditas adalah:
1. Rasio Lancar (Current
Ratio)
“Current
Ratio
of financial
ratios,
it
measures
a
firm's
ability
to
pay
current
obligations as
they come due. While the
Current
Ratio
relates
the
same elements
used
in
calculating working capital
(CA minus CL), it is a
much better
indicator
of liquidity.”
(Kristy, James E. Feb 1993)
Rumus: Current Ratio =
Current
Assets
Current
Liabilities
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