Liquidity, Activity, and Growth Influence Toward Profitability Performance with Leverage Variable and Cash Flow as Intervening Variable In Type “C” Hospital at The PT Nusantara Sebelas Medika

Ainy Arga Astoety (MM FE Universitas 17 Agustus, Surabaya)
Tri Ratnawati (UNTAG Surabaya, Indonesia)
Srie Hartutie Moehaditoyo (MM FE Universitas 17 Agustus, Surabaya)

Media Ekonomi dan Manajemen
Vol 34, No 2 (2019): Business Challenges in Global Competition

The purpose of this study was to analyze financial ratios which included liquidity ratios, activity ratios, leverage ratios and profitability ratios to assess the financial performance of three type C hospitals managed by PT Nusantara Sebelas Medika. Data analyzed by Partial Least Square (PLS).  The results in this study showed that Liquidity  has insignificant effect on  Leverage  and cash flow. Activity  also has insignificant effect   on Leverage. Growth  has insignificant on Cash Flow. Instead, growth was significant on leverage. Liquidity, activity and growth also have significant effect on profitability performance and support with positive influence direction in this study. Finally, leverage and cash flow have significant effect on profitability performance.