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ANALISIS RASIO LIKUIDITAS DAN PROFITABILITAS PADA KINERJA KEUANGAN PT MARK DYNAMICS INDONESIA TBK YANG TERDAPAT DIBURSA EFEK INDONESIA (BEI) Rahmawati, Nur; Puji Muniarty
JURNAL AKADEMIK EKONOMI DAN MANAJEMEN Vol. 3 No. 2 (2026): Juni
Publisher : CV. KAMPUS AKADEMIK PUBLISING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61722/jaem.v3i2.10039

Abstract

This study aims to analyze liquidity and profitability ratios on the financial performance of PT Mark Dynamics Indonesia Tbk for the period 2019–2023. The method used is descriptive analysis with a quantitative approach, using secondary data obtained from the company’s financial statements published on the Indonesia Stock Exchange (IDX).The variables analyzed include liquidity ratios (Current Ratio and Quick Ratio) and profitability ratios (Return on Assets and Return on Equity). The results indicate that the company’s liquidity condition is relatively stable, although fluctuations occurred during the COVID-19 pandemic. Profitability ratios showed a declining trend in 2020 but gradually improved in the following years.This study provides an overview of the company's financial performance based on financial ratios,. which can be used as a reference for investors and management in decision-making.
PENGARUH STRUKTUR MODAL TERHADAP PROFITABILITAS PADA PT XL AXIATA TBK Rahmawati, Rahmawati; Puji Muniarty
JURNAL AKADEMIK EKONOMI DAN MANAJEMEN Vol. 3 No. 2 (2026): Juni
Publisher : CV. KAMPUS AKADEMIK PUBLISING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61722/jaem.v3i2.10040

Abstract

This study aims to analyze the effect of capital structure on profitabilitay at PT XL Axiata Tbk. Capital structure in this study is measured uding Debt to Equity Ratio (DER) and Debt to Asset Ratio (DAR), while profitability is measured using Return on Assets (ROA) and Return on Equity (ROE). The research method used is a quantitative methodwith descriptive and assosiative approaches. The data used are secondary data obtained from the financial statements of PT XL AXIATA Tbk during the 2018-2023 period. The data analysis techniques include descrptive analysis, multiple linear regression analysis, and classical assumption test consisting of normality, multicollinearity, heteroscedasticity, and autocorrelation test. The results of this study indicate that capital structure has a significant effect on company profitability. A decrease in DER and DAR reflects a reduction in the company’s dependence on debt, which can rduce interest expenses and financial risk. This coundition has a positive impact on incresing profitabiliy, as indicated by the increase in ROA and ROE values. These findingss are consistent with previous studies which state that capital strucure plays an important role in determining company financial performance. Therefore, companies are expected to manage their capital structure optimally to improve profitability and maintain financial stability.
ANALISIS PERBANDINGAN DEBT TO EQUITY RATIO DAN CURRENT RATIO PADA PT. TELEKOMUNIKASI INDONESIA TBK DAN PT INDOSAT TBK TAHUN 2015-2024 Saputra, Egis; Puji Muniarty
JURNAL AKADEMIK EKONOMI DAN MANAJEMEN Vol. 3 No. 2 (2026): Juni
Publisher : CV. KAMPUS AKADEMIK PUBLISING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61722/jaem.v3i2.10046

Abstract

The purpose of this study is to analyze and compare the Debt to Equity Ratio (DER) and Current Ratio (CR) of PT Telkom Indonesia (Persero) Tbk and PT Indosat Tbk during the 2015–2024 period. This study employed a quantitative method with a comparative descriptive approach. The data used were annual financial statements obtained from the official websites of the companies. Data analysis techniques included descriptive statistics, Shapiro-Wilk normality test, and independent sample t-test using IBM SPSS Statistics 26. The results indicate that PT Indosat Tbk has a higher DER than PT Telkom Indonesia Tbk, while PT Telkom Indonesia Tbk has a higher and more stable CR than PT Indosat Tbk. The independent sample t-test results show significant differences in DER and CR between the two companies during the study period.
PENGARUH CAPITAL ADEQUACY (CAR) TERHADAP PROFITABILITAS YANG DI UKUR DENGAN RETURN ON ASSET (ROA) PADA PT BANK DANAMON Alffarizzi, Tauffik; Puji Muniarty
JURNAL AKADEMIK EKONOMI DAN MANAJEMEN Vol. 3 No. 2 (2026): Juni
Publisher : CV. KAMPUS AKADEMIK PUBLISING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61722/jaem.v3i2.10054

Abstract

Abstract This study aims to analyze the effect of the capital ratio on profitability, as measured by Return on Assets (ROA), at PT Bank Danamon. The capital ratio is an important indicator in assessing a bank's health, particularly in facing the risk of loss. This study used quantitative methods with secondary data in the form of financial reports. The analysis technique used was simple linear regression. The results indicate that the capital ratio has a positive effect on ROA. This suggests that a higher capital ratio increases a bank's ability to generate profits.
Analisis Kinerja Keuangan antara PT Bank Mandiri (Persero) Tbk dan PT Bank Capital Indonesia Tbk Periode 2014–2023 berdasarkan Rasio Profitabilitas dan Solvabilitas Ramadhan, M Fikri; Puji Muniarty
JURNAL AKADEMIK EKONOMI DAN MANAJEMEN Vol. 3 No. 2 (2026): Juni
Publisher : CV. KAMPUS AKADEMIK PUBLISING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61722/jaem.v3i2.10152

Abstract

This study aims to analyze and compare the financial performance of PT Bank Mandiri (Persero) Tbk and PT Bank Capital Indonesia Tbk during the period 2014–2024 based on profitability and solvency ratios. The method used in this research is quantitative descriptive analysis using secondary data obtained from annual financial reports. The profitability ratios analyzed include Return on Assets (ROA) and Return on Equity (ROE), while solvency is measured using the Capital Adequacy Ratio (CAR) and Debt to Equity Ratio (DER). The results show that Bank Mandiri consistently demonstrates higher profitability compared to Bank Capital Indonesia, reflecting better asset management and operational efficiency. In terms of solvency, both banks maintain adequate capital levels, but Bank Mandiri shows stronger financial resilience. This study contributes to understanding financial performance differences between large state-owned banks and smaller private banks.
Perbandingan Kinerja Keuangan Berdasarkan Laporan Laba Rugi, Neraca, dan Arus Kas antara PT Yamaha Indonesia Motor Manufacturing dan PT Citra Surya Pacific 2010-2024 Fauziah, Rizka Dwi; Puji Muniarty
JURNAL AKADEMIK EKONOMI DAN MANAJEMEN Vol. 3 No. 2 (2026): Juni
Publisher : CV. KAMPUS AKADEMIK PUBLISING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61722/jaem.v3i2.10163

Abstract

This study aims to analyze and compare the financial performance of PT Yamaha Indonesia Motor Manufacturing and PT Citra Surya Pacific during the period 2010–2024 based on key financial variables, namely revenue, cost of goods sold (COGS), net profit, total assets, and total liabilities. The research employs a quantitative descriptive method with a comparative approach. The data used in this study are secondary data obtained from the companies' financial statements. The analysis technique involves comparing the development of each variable over the observed period to identify trends and differences in financial performance. The results show that PT Yamaha Indonesia Motor Manufacturing demonstrates more stable financial performance, with consistent growth in revenue and net profit. In contrast, PT Citra Surya Pacific experiences fluctuations, particularly in net profit and liabilities, indicating less efficient financial management. Furthermore, Yamaha shows stronger asset growth and a more balanced liability structure, reflecting better financial stability and operational efficiency.The findings of this study provide insights into the importance of effective financial management and operational efficiency in maintaining sustainable company performance. This research can be used as a reference for investors, management, and academics in evaluating and comparing corporate financial performance. .
PENGARUH LIKUIDITAS DAN SOLVABILITAS TERHADAP PROFITABILITAS PADA PT INDOFARMA PERSERO TBK A’yun, Qurratu; Puji Muniarty
JURNAL AKADEMIK EKONOMI DAN MANAJEMEN Vol. 3 No. 2 (2026): Juni
Publisher : CV. KAMPUS AKADEMIK PUBLISING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61722/jaem.v3i2.10164

Abstract

This study aims to examine the effect of liquidity and solvability on profitability at PT Indofarma (Persero) Tbk during the period 2014–2019. The research uses an associative method with a quantitative approach. The data used in this study are secondary data obtained from the company’s financial statements. Data analysis techniques include multiple linear regression, correlation coefficient, determination coefficient, and hypothesis testing. The results of the study indicate that liquidity has a positive effect on profitability, while solvability has a negative effect on profitability. The regression equation obtained is Ŷ = 0.156 + 0.013 X1 − 0.117 X2. The correlation coefficient value of 0.963 shows a very strong relationship between liquidity, solvability, and profitability. Furthermore, the coefficient of determination of 0.877 indicates that 87.7% of the variation in profitability can be explained by liquidity and solvability, while the remaining 12.3% is influenced by other variables outside this study.The results of hypothesis testing show that liquidity does not have a significant effect on profitability, while solvability has a significant effect on profitability. These findings imply that the company needs to pay more attention to managing its solvability to improve profitability performance and maintain financial stability.
ANALISIS KOMPARATIF KINERJA KEUANGAN BERDASAKAN RASIO KEUANGAN PADA PT JASA MARGA (PERSERO) TBK DAN PT CITRA MARGA NUSAPHALA PERSADA TBK Alawiyah, Nur Rahmi; Puji Muniarty
JURNAL AKADEMIK EKONOMI DAN MANAJEMEN Vol. 3 No. 2 (2026): Juni
Publisher : CV. KAMPUS AKADEMIK PUBLISING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61722/jaem.v3i2.10176

Abstract

This study aims to analyze and compare the financial performance of PT Jasa Marga (Persero) Tbk and PT Citra Marga Nusaphala Persada Tbk based on financial ratios. The research method used is a comparative method with a quantitative approach. The data used are secondary data in the form of financial statements of both companies over a certain period. The analysis employs several financial ratios, including liquidity ratios, solvency ratios, activity ratios, and profitability ratios.The results show that there are differences in the financial performance of the two companies. PT Jasa Marga (Persero) Tbk tends to demonstrate better performance in terms of profitability and activity, while PT Citra Marga Nusaphala Persada Tbk shows advantages in certain liquidity aspects. These differences are influenced by operational strategies, capital structure, and asset management efficiency of each company.In conclusion, both companies have their own strengths and weaknesses in financial performance. Therefore, comprehensive financial ratio analysis is essential to provide a more accurate basis for decision-making for investors and management.
ANALISIS ASOSIATIF PENGARUH RATIO SOLVABILITAS DAN EFISIENSI BIAYA OPERASIONAL TERHADAP PROFITABILITAS PERUSAHAAN PADA PT.PERUSAHAAN GAS NEGARA TBK Lestari, Dinda; Puji Muniarty
JURNAL AKADEMIK EKONOMI DAN MANAJEMEN Vol. 3 No. 2 (2026): Juni
Publisher : CV. KAMPUS AKADEMIK PUBLISING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61722/jaem.v3i2.10194

Abstract

This study aims to analyze the associative effect of solvency ratios and operational cost efficiency on the profitability of PT Perusahaan Gas Negara Tbk (PGAS) during the 2018–2023 period. A quantitative approach using multiple linear regression was applied, with secondary data obtained from the company’s annual financial reports published on the Indonesia Stock Exchange (IDX). The independent variables include solvency ratios (measured by Debt to Equity Ratio/DER and Debt to Asset. Ratio/DAR) and operational cost efficiency (measured by Operating Expense Ratio/OER), while the dependent variable is profitability (measured by Return on Assets/ROA).The results indicate that solvency ratios have a significant negative effect on profitability (regression coefficients: DER: -0.245, p<0.05; DAR: -0.312, p<0.01), whereas operational cost efficiency has a significant positive effect (OER coefficient: 0.418, p<0.01). Simultaneously, both independent variables explain 72.5% of the variation in profitability (R² = 0.725).These findings imply that prudent debt management and optimization of operational costs are crucial for improving PGAS profitability amid global gas price fluctuations. Recommendations include diversifying financial strategies and enhancing supply chain efficiency to ensure sustainable financial performance.
PENGARUH LIKUIDITAS DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PT ADIRA DINAMIKA MULTI FINANCE TBK DAN PT ASTRA SEDAYA FINANCE Andriani, Ifa; Puji Muniarty
JURNAL ILMIAH EKONOMI DAN MANAJEMEN Vol. 4 No. 5 (2026): MEI
Publisher : CV. KAMPUS AKADEMIK PUBLISING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61722/jiem.v4i5.9890

Abstract

This study aims to analyze the effect of liquidity and profitability on firm value at PT Adira Dinamika Multi Finance Tbk and PT Astra Sedaya Finance. The research method used is an associative method with a quantitative approach. The data used are secondary data in the form of financial statements for the period 2019–2023. Liquidity is measured using the Current Ratio (CR), profitability is measured using Return on Assets (ROA), and firm value is measured using Price to Book Value (PBV). The data analysis techniques used include multiple linear regression analysis, classical assumption tests, and hypothesis testing consisting of partial tests (t-test) and simultaneous tests (F-test). The results show that liquidity has no significant effect on firm value, while profitability has a positive and significant effect on firm value. Simultaneously, liquidity and profitability have a significant effect on firm value.
Co-Authors -, Saqirah Abal Karima Adani, Achmad Adzim Adhe Fitrianingsih Adwiah, Nurwahatun Afdatul Wahdaniyah Afdhatul Wahdaniyah Agustina Agustina Ahmad Maulana Ahmad Yani Aini, Suci Aulia Nurul Ainul, Ainul Akbar, Tauhid Lil Al Akbar Alawiyah, Nur Rahmi Albar, M Rian Alffarizzi, Tauffik Alfisahr, Siti Nur Aliah Pratiwi Aliah Pratiwi Aliah Pratiwi Alief Sofyan Lanang Alifah, Tri Wahyuni Alifiana Ayu Sakinah Alwi Alwi Alwi Alwi Alwi Alwi Alwi Alwi Alwi Amalia, Raisya Amanah, Hafidatul Amelia Amelia Amirulmukminin, Amirulmukminin AMRIN, SAIFUL Ananda, Dea ANANTA, ASTI Andriani, Ifa Anfani, Anfani Angelia Putri Yuliani Anisaturrahmah, Anisaturrahmah Ansari, Andre Ansyarif Ansyarif Antin Yuliantin Aprianti Apriatun, Nurul Aprilia, Fitratul Eka APRIYANTI, NURLITA Arfah Rahmayanti Ari Afriansyah Arif Setiawan Aris Munandar Arlin, Wulan Atira, Fatin Farah Aulia, Nurul Aulya, Rabiatul Ayu Indah Pratiwi Amalia Azizah Sarifatul Nuraini A’yun, Qurratu Bambang Hermanto Cynthia Marisa Damayanti, Nuralvina Daniel Happy Putra Defri Priyatna Della Saputri Della Saputri Della Saputri Della Saputri Desyandri Desyandri Devi Arisandi Devita Nurhayati Dewi Ayu Lestari Dewi, Sukma Dhini Nurullah Dian Andriani Dian Andriani, Dian Dian Aryani Dwiriansyah, M Syukur Dwiyanti, Raras Eby Hidayat Edi Kurniawan Esiati Esiati Esiati, Esiati Fani Fastabikul Hairat Faniah, Nur Faradila, Putri Aulia Farah Meinda Sari Fatmawati, Reny Fauziah, Ira Fauziah, Rizka Dwi Febrianti Febrianti Fera, Feti Fetiningsih Syaframis, Nur FH, Nur Fadilah Fhebizarima Putri Fitri Widya Ningsih, Fitri Widya Fitriani, Reza Fitrianingsih, Desi Fransiska Saputri Desy Gunawan Sakti Hairunisa, Urwatun Hamdani Hanifa Muthiah Hanifah Muthiah Hanifah Mutiah Haryanti, Intisari Haryanti, intisarih Hasan, Sahrun Hasanah, Nurfitratun Heriani Heriani Hermanto, Koko Hidayanti, Mawar Hidayati, Mawar Husnah, Rira Ayatul Husnul Hatimah, Husnul Iftar, Hidratul Ilman Safi’ah Imel Putri Cahyati Imelda Inayah, Nurfatinah Indah Putri Sari Indah Putri Sari, Indah Putri Indriati Indriati Intisari Haryanti Intisari Haryanti Intisari Haryati Irdian, Irdian Iriani I Irma Mardian Islahulkhair Islahulkhair Ita Purnama Jaenab, Jaenab Jefrianus Lalung Jihan Fahira Julhulaifah Jumaidil Umam Jumyati, Jumyati Juwani Juwani, Juwani Kamaluddin Kamaluddin Kartin Aprianti Khaerunnisa Kulsum Kulsum, Kulsum KURNIA KURNIA, KURNIA Kusumayadi, Firmansyah Lestari, Dinda Luh Putu Ratna Sundari M Muchlis M Syukur Dwiriansyah M Syukur Dwiriansyah M Syukur Dwiriansyah M Syukur Dwiriansyah M. Rimawan M. Rimawan M. Rizky Fernanda M. Wafiq Waliyudin Marsya Humairah Maryana Maryana Maryati, Dina Mawar Hidayanti Mawar Hidayanti Mawar Hidayanti Mawar Hidayati Mawar Hidayati Maya, Mayadah MAYANG SARI Mayang Sari Meutia Meutia Molita Muamal Tupriatna Muchamad Iksan Muh Yuslan Muh Zinedin Zidan Muhajirin Muhamad Ridwan Muhamad Rimawan Muhammad Arman Maulana Muhammad Faturrahman Muhammad Ridwan Muhammad Yusuf Muhammad Yusuf Muhlis Ade Putra Muhtar Muhtar Mukhlis Mukhlis Mukhlis Mukhlis Mukmainah, Nafisa Al Sulis Murniati Murniati Murniati Musa Hubeis Mustafida, Hidayatul Mustika, Esti Muthiah, Hanifah mutiara mutiara Nabila Nurcahyani Nabila Putri Aulia Nabila Putri Sakinah Nabila, Nur Fauziah Nabilasari, Imanda Nabillaa, Nabillaa Nabillah, Inah Nur Nadillah, Kiki Nafisah Nurulrahamtia Nafisah Nurulrahmatia Nafisah Nurulrahmatia Nafisah Nurulrahmatia Nafisah Nurulrahmatiah Nandha Ramdani NASYIRATUNNISA, NASYIRATUNNISA Ni Made Dwi Puspitawati Ningsih, Feti Ningsih, Nur Fitria Novitasari Devi Nulkarim, Riziku Nur Aulia Nur Fadilah FH Nur Fetiningsih Syaframis Nur Fetiningsih Syaframis Nur Fetiningsih Syaframis Nur Novi Trianti Sakinah Nur Rahmawati Nuraulia, Nuraulia Nurchairunisyah Nurchairunisyah Nurfadila Nurfadila, Nurfadila Nurhayati Nurhayati , Nurhayati Nurhayati Nurhayati Nurhayati Nurhayati Nurhayati Nurhayati Nurhayati Nurhayati Nurillah, Nurillah Nurjumratunnisa, Nurjumratunnisa Nurlida Hairin Nafisah Nurlita Apriyanti Nurmailah, Nurmailah Nurul Hikmah Nurul Huda Nurulrahmatia, Nafisah Ovriyadin Ovriyadin Ovriyadin Ovriyadin, Ovriyadin Ovriyaidn Permata, Dinda Pratiwi, Aliah Priska Priska Putri Patrianim Putri Wahyu Ikasanti Putri, Sakila Rafiqa Zulianti Rahmani, Firda Auliya Rahmatia Rahmatia Rahmatia Rahmatia, Rahmatia Rahmawati, Rahmawati Ramadani, Bintang Ramadhan, M Fikri Ratu Bulkis Rifka Annisa Rimawan, M Rimawan, M. Rimawan, Muhammad Ririn Anggriani Riska Afriani Rosa Yuliati Safirah, Putri Amanda Safitri, Juhana Sahrun Hasan Sakinah, Nur Novi Trianti Salimatul Uyun Saputra, Egis Saputra, Satrya Yudha Saputri, Della Saputri, Ir Sartika, Yeyen Sa’ban, Wahyu Sibil Rahman Siti Asyitah Siti Nur Alfisahr Soedjatmiko Sri Falinda Sri Wulandari Suci Tricahyanti Sugeng Aryadinata Sulami, Neti Sumiati Sumiati Supratman Supratman Supratman SUPRATMAN, IMAM Suryani Suryani Tari Juliati Taufik Taufik Taufik Taufik TAUFIKKURAHMAN HADNEN Tauhid Lil Akbar Titi Saidatun Tri Wahyuni Tri Wahyuni Alifah Tri Wahyuni Alifah Tri Yulia Astuti Triati Putri Tusholinah, Rizka Ulfah Ulfah USWATUN HASANAH Uswatun Nuraini Uyun , Salimatul Wahdaniyah, Afdhatul Wahidah Wahidah Windari, Kurnia Wardani Winiarti, Iin Wiwin Suryani Wulan Arlin WULANDARI Wulandari Wulandari Wulandari Wulandari Wulandari Wulandari Wulandari Wulandari Wulandari Wulandari Yati Yati Yeni Rahman Yeyen Rara Bafah Yudha Putra Arvita Yumiarni, Nani Yuyun Febriyanti Zulwahidah, Aida