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Journal : Journal of Innovative and Creativity

Analisis Pengaruh Likuiditas, Ukuran Perusahaan dan Leverage Terhadap Profitabilitas pada Perusahaan Sektor Agriculture yang Terdaftar di BEI Periode 2020- 2024 Putri, Della Amaliyah; Makmur, Makmur; Anwar, Arfianti Novita
Journal of Innovative and Creativity Vol. 6 No. 1 (2026)
Publisher : Fakultas Ilmu Pendidikan Universitas Pahlawan Tuanku Tambusai

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Abstract

The study purpose was to analyze the effect of liquidity, firm size, and leverage on profitability in agriculture sector companies listed on the Indonesia Stock Exchange during the 2020–2024 period. Profitability, measured by Return on Assets (ROA), reflects a company’s ability to generate earnings from its total assets and serves as a key indicator of financial performance. Liquidity is proxied by Current Ratio (CR), firm size is measured using the natural logarithm of total assets, and leverage is represented by Debt to Asset Ratio (DAR). Materials and methods. This research employed a quantitative approach using secondary data derived from annual financial reports published on the official website of the Indonesia Stock Exchange. The population consisted of 22 agriculture sector companies, with 10 companies selected as samples through purposive sampling based on predetermined criteria. Data analysis was conducted using descriptive statistics, classical assumption tests, and multiple linear regression analysis supported by SPSS software. Hypothesis testing included the coefficient of determination (R²), t-test, and F-test at a 5% significance level. Results. The results indicated that liquidity has a positive and significant effect on profitability. Firm size and leverage, however, do not have a significant partial effect on profitability. Simultaneously, liquidity, firm size, and leverage significantly influence profitability. The adjusted R² value of 0.160 shows that 16% of the variation in profitability is explained by the model, while 84% is influenced by other factors outside the research variables. Conclusions. The findings highlight that liquidity stability is a more dominant determinant of profitability in the agriculture sector compared to firm size and leverage. Effective working capital management is therefore crucial to maintaining sustainable financial performance.
Co-Authors A. Rizal A. Rizal A.A. Ketut Agung Cahyawan W ABD. Karim Faiz Abd. Wahid Abdullah Aji, Yunita Abdurahman Abdurrahman Ahmad Abdullah Aini, Yulfita Alhaidar, Muhammad Raffi Aliyah, Mardjani Amin, Muh. Agil AMIR YASSI Andhika, M. Rezki Andini Asmarini Anggraini, Siti Hana Angkit Kinasih Angraini, Syafitri Anugrawati, Anugrawati Arfianti Novita Anwar Arianda, Ceksa Arifuddin, Ika ARIS ARIS, ARIS Arisal, Andi Armanto, A. Asaad, Andi Indra Jaya Asnaini Asnaini, Asnaini Asriani, Sari Asrul Asrul Auliah, Muh. Rifky Ayu Safira, Ayu Azizah Azizah Azizah, Khalifatul A’in, Hafizatul Baderiah Baderiah, Baderiah Budiman Budiman Burhanuddin Burhanuddin Chaidir Undu, Muh Chatarina Umbul Wahyuni Dalif, M. Damrah, Fatmawaty Desi Isnaini Dharmawan Trijuno, Dody Edison Saade Eka Sari, Meilida Fadhilah, Annisa Fahrur, Mat Fathia, Farah Fathonah, Devi Nur Fendi Fendi Fernando, Zean Fitrawansah Fitrawansyah, Fitrawansyah Fitriani Fitriani Fitriyah, Khoirunnisa’il Gusvita, Maisarah Hadrawi, Muhlis Haeba, Haeba Hafinda, Tengku Hairullah Hairullah, Hairullah Hajrah, Siti halifah, elka Haris, Mardiana Harpina Haryanti, Enny Hasanuddin, nfn. Hasis, Pertiwi Kamariah Hatta, Sukarno Hery Widijanto Hidayat Suryanto Suwoyo Husnussaadah, Husnussaadah Ibrahim Ismail Idham Idham Imam Pribadi In’am, Akhsanul Iskandar Tsani, Iskandar Iskandar, Rusdy Ismail Ahmad, La Ode Istiqamah, Intan Jamal, Abd. Jamalia, M. N Jasmin, Nurjannah Jaya, Frans Riano Jumriani, Jumriani Kandatong, Hasanuddin Karim, Ikawati Kartini Kartini Khafifa, Ummul Khalizah, Ainun Kholilurrahman, As’ad Kurniati Kurniati Lawang, Karimuddin Abdullah Lestari Lestari M. N Jamalia Madzlina, Madzlina Maharani, Warda Anisa Manggabaranirani, Ishak Mansur, Iis Handayani Mansyur, Saidin Marzuki, Asgar Mauladi, Ahmad Maulana, Muhammad Rizky Meilanisa, Meilanisa Moh. Aziz Rohman Mohamad, Norhidayah Muhamad Ridwan Muhammad Asdar Muhammad Fajrul Falaah Muhammad Ismail Muhammad Ramli Muhlis Madani, Muhlis Munawar, Sofyan Muslimin Muslimin Muti, Siti Muti'ah Mutmainnah, Iin Najamuddin Najamuddin, Najamuddin Nasihin, nfn. Nasrullah Nasrullah Nawar, Rere Pahira Nirfayanti, Nirfayanti Nirsam, Khaerunnisa Norbaya, Siti Nur Aisyah Nur Wahidah, Titi Nuraini Nuraini Nurdin, Dahlia Nurjannah Nurjannah Nurlaila Nurlaila Nurlinda Nurlinda, Nurlinda Nurpaisah, Nurpaisah Nurpasirah, Nurpasirah Nurqadriani Nurul Hak Nurul Ilmi, Nurul Nurullah, Aditya Fajar Pamessangi, Andi Arif Panjaitan, Sherly Lasmian Samaria Poerwanto Poerwanto Pratama, Ahmad Aditya Pratama, Arizqi Ihsan Pratiwi, Ananda Audya Purnama, Hendra Arya Purnamasari, Novia Purnamasari, Nurul Adliyah Putri, Della Amaliyah Putriani, Putriani Rachman Syah Rafinas Rahmah, Shofa Aulia Rahmawati, Dyah Rahmawati, Rahmawati Ramadhan, Muh Ikram Ramlansyah, Muhammad Ratna Juwita Ratna Rintaningrum, Ratna Riawarda, A. Ridwan, Yusup Riska Riska Risna Risna, Risna Rizal, A. Robi'ah, Robi'ah RR. Ella Evrita Hestiandari Sabae, Mahlani Sadiva, Afifah Naila Bela Sam, Zulfiah Sanusi, syamsu Selpi, Selpi Seprini, Seprini Septiana Wulandari Setiawan, Romi Adetio Sewang, Anwar Sinurat, John Prayzen Siti Helmyati Sofyang Sofyang, Sofyang SRI RAHAYU Sriwindayani, Sriwindayani Subhan Subhan Suci Utami, Suci Sufirmansyah Sufirmansyah Sukirman Sukirman Sukmawati Sukmawati Sulfikram, Sulfikram Sumiati Sumiati Suryadin, Adin Syahraini, Dwi Syaifullah, Saputra Syawaluddin, Ahmad Tahir, Nurbiah Takwim, Mardi Tasbih, Ayu Taufiq, Oyan D. Taukhid, Imam Thaha, Hisban Tinniza, Sahra Treesia Sujana Ulfiani Rahman Uswatun Hasanah WAHYUNI, DEPI PUTRI Wahyuni, Eka Sri Winadia, Winadia Yasin, Aira Alia Yudiyanti, Ervina Zainuddin, Zainuddin Zukifli, Zukifli Zulfah Zulfah Zulkifli Arifin Zuraida Zuraida