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Journal : Jurnal Akuntansi

Cash Flow and Net Working Capital as Determinants of Cash Holdings: A Case Study of Mining Companies Listed on the Indonesia Stock Exchange Armelia, Rifka Resti; Razak, Linda Arisanty; Ramly, Ramly
Jurnal Akuntansi Vol. 17 No. 2 (2025): Vol. 17 No. 2 (2025)
Publisher : Universitas Kristen Maranatha

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28932/jam.v17i2.12430

Abstract

Purpose – The purpose of this research is to investigate how cash holdings in mining businesses listed on the Indonesia Stock Exchange (IDX) is influenced by cash flow and net working capital. Design/Methodology/Approach – A quantitative approach was adopted using explanatory research methods. The data consist of financial statements from mining sector companies covering the period 2020–2024. Hypothesis testing and data analysis were conducted using EViews 12 software. Findings – Research results show that cash flow and net working capital have a significant influence on cash holding. Therefore, an increase in both of these variables can increase the company's cash holding. Research limitations/Implications – Company management should place greater emphasis on managing cash flow and net working capital effectively toenhance financial stability and mitigate liquidity risks. The findings of this research are expected to serve as a valuable reference for financial decisionmaking among practitioners and academics within the mining industry. Keywords: Cash Flow, Cash Holding, Liquidity, Mining Companies, Net Working Capital
Co-Authors A. Nur Khusnul Khatimah Abbas, Ahmad Abduh, Amirullah Abdul Azis Abdul Haliq, Abdul Adawiyah Pettalongi Ahsyam, Fauziah Ainun Oktaviani AJ., Andi Agussalim Akmal Hamsa Alamsjah, Alamsjah Aldoko, Wisnu Amanda Amanda Ambo Dalle Ambo Intang Amir Amir Amril Amril ANGGRAINI, ERNA Arizah, Ainun Armelia, Rifka Resti Arsan, Wiwik Asnur, Muhammad Nur Ashar Azis , Azis Azis Azis, Azis Cahyani, Regita Purnama Cahyani, Wahidah Damayanti Damayanti Darwin, Khadijah Edy Karno, Edy Eko Riswanto, Eko Fajar Apriani Fitrahwati, Fitrahwati Fuada, Nurul Gjosphink Putra Umar Sakka Hajrah Hajrah, Hajrah Hamdiah Hamdiah Haris, Arsita Hasriani Hasriani, Hasriani Herman, Hardiyanti Husnul Khatimah Idawati Idawati Ismawati Ismawati Jam an, Andi Jam’iah, Sitti Johar Amir Juanda Juanda Juwantho Lewa, Muhammad Kamal, Nur Asmi Ainun La Ode Turi Mayong, Mayong Melsa Jumliana Mila mila Mohammad Djamil M Nur Muhammad Arfan Muhammad Fajar B Muhtadi, Rizal Nirmalasari, Sri Nisma, Nisma Nur Asrin Nuraeni Nuraeni Nurhadi, Dewi Nurul Sulasmiyatningsih Olivia Juni Rosita Hutagalung Paputungan, Dewi P. Parizudin, Parizudin Pratiwi, Saprida Puspita Kartikasari Putri, Andi Ainil R., Mantasiah Raden Mohamad Herdian Bhakti Ramadan, Baso Syahrul Ramdhani, Aura Ramli Ramli Raswadi, Mohammad Dika Razak, Linda Arisanty Riska Amalia Risnandar, Muh Rizal Rizal Rizwan Arisandi Rosmiati Rosmiati Rustina Rustina Sakaria Sakaria Salam, Salam Samay, Hatiba Maji Samsul, Sakia Putri Sari, Fika Hartina Sari, Nofita Simorangkir, Nina Prince Sri Wahyuni Sultan Sultan Syafiqah, Nurul Wahab Wahab Wahyu Muh Syata Yusuf Yusuf