Gunawan, Chairull Noval
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PENGARUH PROFITABILITY, LIQUIDITY, NET WORKING CAPITAL, DAN GROWTH OPPORTUNITY TERHADAP CASH HOLDING PADA PERUSAHAAN CONSUMER NON-CYCLICALS Gunawan, Chairull Noval; Sufiyati, Sufiyati
Jurnal Paradigma Akuntansi Vol. 7 No. 3 (2025): Juli 2025
Publisher : Fakultas Ekonomi, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jpa.v7i3.34325

Abstract

This article outlines a study that looked at the impact of profitability, liquidity, net working capital, and growth opportunity on cash holdings in consumer non-cyclical companies. The quantitative descriptive research method was applied in this study. The data used consists of yearly financial reports from consumer non-cyclical enterprises, which provide detailed information about the variables under consideration. Consumer non-cyclical companies listed on the Indonesia Stock Exchange between 2020 and 2022 are the research subjects. The testing using the F-test reveals that profitability, liquidity, net working capital, and growth opportunity collectively have a significant influence on cash holding. The t-test results indicate that profitability and net working capital are factors that positively and significantly affect cash holding, while liquidity and growth opportunity do not have a significant influence on cash holding.