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Journal : Akuntansi'45

PENGARUH SOLVABILITAS DAN PROFITABILITAS TERHADAP KINERJA KEUANGAN PERUSAHAAN MANUFAKTUR (Studi Pada Subsektor Pulp dan Paper Yang Terdaftar di BEI Periode 2017-2020) Lidya Agustin; Siti Rosyafah; Tri Lestari
AKUNTANSI 45 Vol. 2 No. 1 (2021): Jurnal Ilmiah Akuntansi
Publisher : Fakultas Ekonomi Program Studi Akuntansi Universitas 45 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (351.033 KB) | DOI: 10.30640/akuntansi45.v2i1.102

Abstract

Financial performance is the result achieved by the company's management to find out in managing company assets effectively during a certain period. An uncertain economy causes a high risk of a company experiencing poor financial performance or bankruptcy, to determine whether a company's financial performance is good or not, it can be seen from the company's ability to pay off its debts through solvency and profitability. The purpose of this study was to determine the effect of solvency and profitability on the company's financial performance. This study uses a quantitative approach with data collection using purposive sampling method. The population of this study are pulp and paper manufacturing companies listed on the Indonesian stock exchange with 8 out of a total of 10 companies. The analytical method used is multiple linear regression analysis with hypothesis testing, namely t test, F test and R² test. The results showed that partially solvency (debt to total asset ratio and debt to equity ratio) had no significant effect on financial performance, and profitability (return on equity and net profit margin) partially had a significant effect on financial performance. Simultaneously solvency (debt to total asset ratio and debt to equity ratio) and profitability (return on assets and net profit margin) have a significant effect on financial performance. Meanwhile, the dominant influence is profitability (net profit margin).
Co-Authors Abdul Azis Adelina Hasyim Adimas Ramadhan Suryanto Afwatul Mukhlisah Albar Albar Ali Akbar Hisbullah Alya Kanaya Alfita Andini Rahmawati Andre Febrian Kasmar Anggun Andriyani Annisa Wahyu Damayanti Anthony Wijaya Apriyadi, Rion Bergitta Dwi Annawati Budi Rianto Burham Pranawa Chairudin Chairudin Dadan Ramdhani Dany Miftahul Ula Defna Friska Deni Pratama Dientri, Abdul Manaf Dwi Purnomo, Fani Elisabeth Pratidhina Elmira Siska Elvin Bastian Elvin Bastian Endah Wahyuningsih Eries Dyah Mustikarini Erlina Sari Pohan Farisya Nurhaeni Geryco Sahat Martua S Gian Diva Bayu K Gilang Alief Prawiska Gres Enjelita Panjaitan Helda Herwinarso Herwinarso I Made Rama Sugiartha Imam Baidlowi Imam Riadi Ismed Inonu Iwan Asmadi Jane Koswojo Joko Purwanto Khasanah, Azizah Nurul Lailatil Maya Lia Uzliawati Lidya Agustin Lusty Febrianti Marsiyeh Mazidatul Faizah Mohammad Soleh Muhamad Aji Purwanto Muhammad Imam Najwatul Auliah Nila Munana Novi Darmayanti Nunik Maya Hastuti Nur Ismiyati Nur Lailatul Inayah Nurbaiti Pande Komang Suparyana Rahma Oktaviani Renan Lintang Prakoso Resha Adi Pratama Rini Larasati Irawan Riyan Sumarno RR Dian Anggraeni Rufti Puji Astuti Rusydi Umar SATRIYAS ILYAS Selvi Gustia Sari Setiawan, Budhy Silvia Indah Desvita S. Siti Amriyah Siti Masitoh Siti Rosyafah, Siti SRI RAHAYU Subagus Wahyuono SUHARYANTO SUHARYANTO Syahputra, Maiser TEGAR HARBRIYANA PUTRA Tri Retno Hariyati Trisla Warningsih Tubagus Ismail Tubagus Ismail Wanda Yeremia Kristiawan Yuhefizar Yuhefizar Yunisca Nurmalisa