APPENDIX 1
DAFTAR POPULASI DAN SAMPEL TAHUN 2011-2013
No Nama Perusahaan Kode Kriteria 1
Kriteria 2
Kriteri a 3
Kriteria 4
Sampel
1. Agung Podomoro Land Tbk
APLN √ √ √ ×
2. Alam Sutera Reality Tbk
ASRI √ √ √ ×
3. Bekasi Asri Pemula Tbk
BAPA √ √ √ ×
4. Bumi Citra Permai Tbk
BCIP √ √ √ ×
5. Bekasi Fajar
Industrial Estate Tbk
BEST √ √ √ ×
6. Bhuawanatala Indah Permai Tbk
BIPP √ √ √ ×
7. Bukit Darmo
Property Tbk
BKDP √ √ × ×
8. Sentul City Tbk BKSL √ √ √ √ 1
9. Bumi Serpong Damai Tbk
BSDE √ √ × ×
10. Cowell Development Tbk
COWL √ √ √ ×
11. Ciputra Development Tbk
CTRA √ √ √ ×
12. Ciputra Property Tbk CTRP √ √ √ ×
13. Ciputra Surya Tbk CTRS √ √ √ ×
14. Duta Anggada Realty Tbk
DART √ √ √ ×
15. Duta Pertiwi Tbk DUTI √ √ √ √ 2
16. Intiland Development Tbk
DILD √ √ √ √ 3
17. Bakrieland Development Tbk
ELTY √ √ √ ×
18. Megapolitan Development Tbk
EMDE √ √ √ √ 4
19. Fortune Mate
Indonesia Tbk
FMII √ √ √ √ 5
20. Gading Development Tbk
GAMA √ √ × ×
21. Gowa Makassar
Tourism
Development Tbk
GMTD √ √ √ √ 6
22. Perdana Gapura
Prima Tbk
25. Kawasan Industri Jababeka Tbk
KIJA √ √ × ×
26. MNC LandTbk KPIG √ √ × ×
27. Lamicitra Nusantara Tbk
LAMI √ √ × ×
28. Laguna Cipta Griya Tbk
LCGP √ √ × ×
29. Lippo Cikarang Tbk LPCK √ √ √ √ 10
30. Lippo Karawaci Tbk LPKR √ √ √ √ 11
31. Modernland Realty Tbk
MDLN √ √ √ √ 12
32. Metropolitan Kentjana Tbk
MKPI √ √ × ×
33. Metropolitan Land Tbk
MTLA √ √ √ ×
34. Metro realty Tbk MTSM √ √ × ×
35. Nirvana
Development Tbk
NIRO √ √ × ×
36. Indonesia Prima
Property Tbk
MORE √ √ √ ×
37. Plaza Indonesia
Realty Tbk
PLIN √ √ √ ×
38. PudjiatiPrestige Tbk PUDP √ √ √ ×
39. Pakuwon Jati Tbk PWON √ √ √ ×
40. Rista Bintang
Mahkota Sejati Tbk
RBMS √ √ √ ×
41. Roda Vivatex Tbk RDTX √ √ √ ×
42. Pikko Land
Development Tbk
RODA √ √ √ √ 13
43. Danayasa Arthatama Tbk
SCBD √ √ × ×
44. Suryamas Duta
Makmur Tbk
SMDM √ √ × ×
45. Summarecon Agung Tbk
SMRA √ √ × √
APPENDIX 2
Working Capital Turnover
NO KODE NAMA PERUSAHAAN WCT
2011 2012 2013
1 DUTI Duta Pertiwi Tbk 0.81 0.51 0.70
2 FMII Fortune Mate Indonesia Tbk -0.51 - 5.93 3.80
3 GMTD Gowa Makassar Tourism DevelopmentTbk 7.73 1.83 27.85
4 GWSA Greenwood Sejahtera Tbk 0.35 1.14 0.11
5 DILD Intiland Development Tbk 1.07 - 2.60 - 4.25
6 JRPT Jaya Real Property Tbk 12.78 -3.74 - 1.45
7 LPCK Lippo Cikarang Tbk 2.12 1.17 1.10
8 LPKR Lippo Karawaci Tbk 0.37 0.39 0.35
9 EMDE Megapolitan Development Tbk 0.49 0.55 0.92
10 MDLN Modernland Realty Tbk -2.79 2.44 - 4.29
11 GPRA Perdana Gapura Prima Tbk 0.56 0.51 0.63
12 RODA Pikko Land Development Tbk 0.24 0.35 1.28
13 BKSL Sentul City Tbk 0.40 0.44 0.18
Receivable Turnover
NO KODE NAMA PERUSAHAAN RI
2011 2012 2013
1 DUTI Duta Pertiwi Tbk 0.836 1.030 1.325
2 FMII Fortune Mate Indonesia Tbk 1.872 0.782 1.153
3 GMTD Gowa Makassar Tourism DevelopmentTbk 1.053 0.159 0.855
4 GWSA Greenwood Sejahtera Tbk 1.828 1.066 0.189
5 DILD Intiland Development Tbk 0.894 0.406 1.186
6 JRPT Jaya Real Property Tbk 0.955 0.933 1.581
7 LPCK Lippo Cikarang Tbk 1.086 0.864 1.061
8 LPKR Lippo Karawaci Tbk 1.064 0.783 1.130
9 EMDE Megapolitan Development Tbk 0.925 1.084 1.107
10 MDLN Modernland Realty Tbk 1.001 1.239 1.317
11 GPRA Perdana Gapura Prima Tbk 1.197 1.091 0.984
12 RODA Pikko Land Development Tbk 1.770 0.670 0.680
Inventory Turnover
NO KODE NAMA PERUSAHAAN IT
2011 2012 2013
1 DUTI Duta Pertiwi Tbk 0.273 0.403 0.289
2 FMII Fortune Mate Indonesia Tbk 0.551 0.788 1.265
3 GMTD Gowa Makassar Tourism DevelopmentTbk 0.619 0.517 0.485
4 GWSA Greenwood Sejahtera Tbk 0.352 0.853 0.095
5 DILD Intiland Development Tbk 0.420 0.832 2.043
6 JRPT Jaya Real Property Tbk 0.434 0.461 0.419
7 LPCK Lippo Cikarang Tbk 0.428 0.299 0.263
8 LPKR Lippo Karawaci Tbk 0.307 0.363 0.297
9 EMDE Megapolitan Development Tbk 0.220 0.202 0.454
10 MDLN Modernland Realty Tbk 0.635 1.168 0.583
11 GPRA Perdana Gapura Prima Tbk 0.240 0.191 0.250
12 RODA Pikko Land Development Tbk 7.998 0.279 2.617
13 BKSL Sentul City Tbk 0.189 0.424 1.641
Debt to Asset Ratio
NO KODE NAMA PERUSAHAAN DAR
2011 2012 2013
1 DUTI Duta Pertiwi Tbk 0.313 0.218 0.191
2 FMII Fortune Mate Indonesia Tbk 0.293 0.296 0.341
3 GMTD Gowa Makassar Tourism DevelopmentTbk 0.644 0.740 0.692
4 GWSA Greenwood Sejahtera Tbk 0.300 0.205 0.207
5 DILD Intiland Development Tbk 0.333 0.351 0.456
6 JRPT Jaya Real Property Tbk 0.535 0.556 0.565
7 LPCK Lippo Cikarang Tbk 0.598 0.566 0.528
8 LPKR Lippo Karawaci Tbk 0.485 0.356 0.547
9 EMDE Megapolitan Development Tbk 0.409 0.409 0.406
10 MDLN Modernland Realty Tbk 0.530 0.515 0.515
11 GPRA Perdana Gapura Prima Tbk 0.473 0.463 0.399
12 RODA Pikko Land Development Tbk 0.365 0.439 0.422
Debt to Equity Ratio
NO KODE NAMA PERUSAHAAN DER
2011 2012 2013
1 DUTI Duta Pertiwi Tbk 0.456 0.279 0.236
2 FMII Fortune Mate Indonesia Tbk 0.414 0.421 0.517
3 GMTD Gowa Makassar Tourism DevelopmentTbk 1.809 2.849 2.242
4 GWSA Greenwood Sejahtera Tbk 0.428 0.257 0.236
5 DILD Intiland Development Tbk 0.498 0.542 1.000
6 JRPT Jaya Real Property Tbk 1.149 1.250 1.297
7 LPCK Lippo Cikarang Tbk 1.486 1.305 1.119
8 LPKR Lippo Karawaci Tbk 0.941 0.772 1.208
9 EMDE Megapolitan Development Tbk 0.693 0.692 0.682
10 MDLN Modernland Realty Tbk 1.126 1.063 1.063
11 GPRA Perdana Gapura Prima Tbk 0.897 0.864 0.664
12 RODA Pikko Land Development Tbk 0.574 0.782 0.598
13 BKSL Sentul City Tbk 0.151 0.278 0.550
Return on Asset
NO KODE NAMA PERUSAHAAN ROA
2011 2012 2013
1 DUTI Duta Pertiwi Tbk 0.081 0.093 0.101
2 FMII Fortune Mate Indonesia Tbk -0.002 0.003 -0.019
3 GMTD Gowa Makassar Tourism DevelopmentTbk 0.101 0.071 0.070
4 GWSA Greenwood Sejahtera Tbk 0.120 0.209 0.071
5 DILD Intiland Development Tbk 0.026 0.033 0.044
6 JRPT Jaya Real Property Tbk 0.085 0.086 0.089
7 LPCK Lippo Cikarang Tbk 1.262 0.144 0.153
8 LPKR Lippo Karawaci Tbk 0.045 0.053 0.051
9 EMDE Megapolitan Development Tbk 0.003 0.005 0.036
10 MDLN Modernland Realty Tbk 0.029 0.057 0.254
11 GPRA Perdana Gapura Prima Tbk 0.036 0.043 0.080
12 RODA Pikko Land Development Tbk 0.005 0.029 0.154
APPENDIX 3
OUTPUT SPSS 22 Descriptives
Descriptive Statistics
N Minimum Maximum Mean Std. Deviation
ROA 39 -15.430 20.930 5.51026 5.713970
WCT 39 -12.780 27.850 1.36385 5.302590
RI 39 .160 1.870 1.04718 .362230
IT 39 .100 8.000 .77256 1.297325
DAR 39 .120 .780 .42462 .155222
DER 39 .130 3.560 .89667 .682138
Valid N (listwise) 39
Regression
Variables Entered/Removeda
Model
Variables
Entered
Variables
Removed Method
1 DER, IT, RI,
WCT, DARb . Enter
a. Dependent Variable: ROA
b. All requested variables entered.
Model Summaryb
Model R R Square
Adjusted R
Square
Std. Error of the
Estimate Durbin-Watson
1 .472a .223 .105 5.404412 2.337
a. Predictors: (Constant), DER, IT, RI, WCT, DAR
ANOVAa
Model Sum of Squares df Mean Square F Sig.
1 Regression 276.826 5 55.365 1.896 .122b
Residual 963.853 33 29.208
Total 1240.679 38
a. Dependent Variable: ROA
b. Predictors: (Constant), DER, IT, RI, WCT, DAR
Charts
Collinearity Diagnosticsa
Model
Dime
nsion Eigenvalue
Condition
Index
Variance Proportions
(Constant) WCT RI IT DAR DER
1 1 4.058 1.000 .00 .00 .00 .01 .00 .00
2 1.036 1.980 .00 .30 .00 .12 .00 .00
3 .639 2.521 .00 .13 .00 .71 .00 .00
4 .216 4.334 .02 .22 .13 .13 .01 .06
5 .042 9.881 .45 .03 .86 .02 .01 .07
6 .010 20.450 .53 .32 .00 .00 .99 .86
NPar Tests
One-Sample Kolmogorov-Smirnov Test
Unstandardized
Residual
N 39
Normal Parametersa,b Mean .0000000
Std. Deviation 5.03632381
Most Extreme Differences Absolute .096
Positive .086
Negative -.096
Test Statistic .096
Asymp. Sig. (2-tailed) .200c,d
a. Test distribution is Normal.
b. Calculated from data.
c. Lilliefors Significance Correction.