This Author published in this journals
All Journal MANAJEMEN DEWANTARA
Ikhsan Sidiq Febriansyah
Universitas Veteran Bangun Nusantara

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

ANALYSIS OF LIQUIDITY, SOLVENCY, AND ACTIVITY RATIOS ON FINANCIAL PERFORMANCE (Empirical Study of Iron and Steel Industry Companies Listed on the Indonesia Stock Exchange 2022-2024) Ikhsan Sidiq Febriansyah; Ardian Prima Putra
MANAJEMEN DEWANTARA Vol 10 No 2 (2026): MANAJEMEN DEWANTARA
Publisher : Universitas Sarjanawiyata Tamansiswa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30738/md.v10i2.22351

Abstract

Objectives: To examine the effects of liquidity, solvency, and asset activity on financial performance among Indonesian iron and steel companies. Methods: Quantitative research involving nine IDX-listed companies during 2022–2024, analyzed using multiple linear regression. Research Gap/Novelty: Integrates liquidity, capital structure, and asset efficiency to explain financial performance in the iron and steel sector. Results: Solvency (DER) and activity (TATO) positively and significantly influenced ROE, while liquidity (CR) was insignificant. The model explained 51.1% of ROE variance. Conclusion: Capital structure optimization and asset efficiency are essential for improving financial performance.