Khaerunnisa
Program Studi Manajemen Fakultas Ekonomi dan Bisnis, Universitas Negeri Makassar

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

Found 1 Documents
Search

Pengaruh Likuiditas, Aktivitas, dan Solvabilitas Terhadap Profitabilitas Pada Perusahaan Konstruksi yang Terdaftar di Bursa Efek Indonesia Periode 2020-2024 Khaerunnisa; Anwar Ramli; Annisa Paramaswary Aslam; Anwar; Abdul Rahman
SINOMIKA JOURNAL: Publikasi Ilmiah Bidang Ekonomi dan Akuntansi Vol. 5 No. 3 (2026): September
Publisher : CV. Lafadz Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/sinomika.v5i3.660

Abstract

This study aims to analyze the impact of liquidity, activity, and solvency on the profitability of construction companies listed on the Indonesia Stock Exchange (IDX). The study employs a quantitative approach using panel data regression analysis. The research population consists of construction companies listed on the IDX, with the sample selected using a purposive sampling technique. Secondary data obtained from the companies' annual financial reports for the 2020–2024 period were analyzed using EViews software. The test results indicate that liquidity has a positive and significant effect on profitability. Activity also has a positive and significant effect on profitability. Solvency has a significant effect on profitability. Simultaneously, liquidity, activity, and solvency significantly influence the profitability of construction companies. However, the coefficient of determination indicates that the contribution of these three variables in explaining the variation in profitability is relatively low. These findings support signaling theory, which posits that financial ratios serve as signals for investors in assessing a company's financial performance.