Nugroho, Daniel
Unknown Affiliation

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

Found 1 Documents
Search

PENGARUH RASIO LIKUIDITAS, SOLVABILITAS, DAN AKTIVITAS TERHADAP KINERJA KEUANGAN YANG DIUKUR MELALUI RETURN ON ASSETS Nugroho, Daniel; Edastami, Mayang Sari; Munandar, Agus; Wibowo, Daryanto Hesti
JURNAL LENTERA BISNIS Vol. 15 No. 3 (2026): JURNAL LENTERA BISNIS, SEPTEMBER 2026
Publisher : POLITEKNIK LP3I JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34127/jrlab.v15i3.2526

Abstract

In this study, five FMCG businesses listed on the Indonesia Stock Exchange (IDX) between 2020 and 2024 will have their financial performance—measured by Return on Assets (ROA)—examined and analyzed in relation to liquidity, solvency, and activity ratios. Using multiple linear regression analysis and SPSS version 27, a quantitative research approach was used. The five businesses for the 2020–2024 period were chosen via purposeful sampling, yielding 25 observations. The results show that while the activity ratio (Inventory Turnover) has a favorable impact on financial performance, the liquidity ratio (Current Ratio) and the solvency ratio (Debt-to-Equity Ratio) do not significantly affect financial performance.