ANALISIS PERAN MODAL KERJA DALAM MENINGKATKAN PROFITABILITAS PADA KOPERASI KARYAWAN (KOPKAR) ASRI : Studi kasus PT. Chandra Asri Petrochemical Tbk

Abstract

Abstract: The purpose of this study is to determine the working capital of the Employee Cooperative (KOPKAR) "Asri" PT. Chandra Asri Petrochemical Tbk, to measure the level of profitability at the Employee Cooperative (KOPKAR) "Asri" PT. Chandra Asri Petrochemical Tbk, and to analyze the role of working capital whether it can increase profitability or not to increase profitability at the Employee Cooperative (KOPKAR) "Asri" PT. Chandra Asri Petrochemical Tbk. The method used in this research is descriptive quantitative approach, namely research which is then processed and analyzed to draw conclusions. This means that this research emphasizes the analysis of existing data. The results of this study indicate that the results of the development of the working capital of the Asri Employee Cooperative at PT. Chandra Asri Petrochemical Tbk in 2014-2018 looked unfavorable. Working capital fluctuates every year. In 2014-2016 working capital experienced a decline and in 2017-2018 working capital increased. For the level of profitability based on return on assets (ROA) it produces an average of 5.27% and gets quite good criteria at intervals of 3% - <7% while the profitability ratio based on return on equity (ROE) produces an average of 13.33% and get very good criteria with intervals> 10%.

Keywords: Working Capital, Return On Assets (ROA), Return On Equity (ROE)