Final Financial Statement Analysis

Name                   : Jamilah

NIM           : 361 10 033

Class           : 3B-D3

Topic                   : Long term debt ratio

Company   : PT Unggul Indah Cahaya Tbk. dan Entitas Anak

            1.      General explanation about analysis of financial statements.

a.       Definition of Financial Statement Analysis

Financial statement analysis is a financial statement the research process and its elements aimed to evaluate and predict the company's financial condition or business entity and also evaluating the results that have been achieved by the company or enterprise in the past and present.

b.      Kinds of financial statement analysis

Actual type of financial statement analysis of more than 5 types of analysis. but on this time, I will only mention 5 kinds only, namely:

1. Securitas analysis
2. Cash Flow Analysis
3. Risk analysis
4. Bankruptcy Prediction Analysis
5. Profitability analysis, etc.

2. Kinds of analysis method.

The risk is result from uncertainty; absolutely there is so many the factors uncertainty on a project that can produce of varieties risks. The risk can be grouped to become some according to the characteristics, they are:

a.       The risk based of characteristic;

b.      The risk based can or cannot be moved;

c.       The risk based  source precipitation.

The risk analysis is divided into two parts:

a.        Short term liquidty risk:

1.      Current  ratio;

2.      Quick  rasio;

3.      Operation  current cash ratio to obligation current ;

4.      Activity working capital ratio.

b.      Long term liquidty risk:

1.      Long-term debt ratio;

2.      Debt to equity ratio;

3.      Liabilities to assets ratio;

4.      Interest coverage ratio;

5.      Operating cash flow to total liabilities ratio;

6.      Operating cash flow to capital expenditure.

3.  The Explanation Of The Long-term Debt Ratio.

Solvabilitas risk of long term is used to measure the ability of company in fulfill    interest payment and borrowing  installment on long term debt and fulfill the obligation that will be date maturity.

Ratios of finance that can be used to value risk  of solvabilitas long term one of them is Long-term Debt Ratio:

This ratio shows how much debt total that be used by company for defraying its aset. More biggest this ratio more biggest the risk that faced by company. On the contrary more small this ratio more small also the risk that faced the company. The formula of long-term debt ratio in next slide show as bellow.

            Formula  of Long-Term Debt Ratio:

                       

            4.      Financial Statements Of Pt Unggul Indah Cahaya Tbk. dan Entitas Anak.

5. The analysis result.

6.  Conclusion

More biggest this ratio more biggest the risk that faced by company. On the contrary more small this ratio more small also the risk that faced the company.

So, the expected or the best for the company in general is, the value of the ratio of the risk as small possible so that the company derived is much smaller company.