Business Economic, Communication, and Social Sciences Journal (BECOSS)
Vol. 3 No. 2 (2021): BECOSS

The Impact of Financial Ratios on the Dividend Payout Ratio in Coal Mining Companies

Aldo Sebastian (Unknown)
Rahmat Siauwijaya (Binus University)



Article Info

Publish Date
31 May 2021

Abstract

The purpose of this study is to determine the impacts of current ratio, debt to equity ratio, return on asset, total asset turnover ratio, and working capital turnover ratio on the dividend payout ratio in coal mining companies listed in Indonesia Stock Exchange 2016-2018. The sample used in this study was determined based on a purposive sampling method. The type of data used in this study is secondary data and the technique used to analyze the data in this study is panel data regression analysis. The results show that the debt to equity ratio has a negative and significant effect on the dividend payout ratio. While, current ratio, return on asset, total asset turnover ratio, and working capital turnover ratio have no significant effect on the dividend payout ratio.

Copyrights © 2021






Journal Info

Abbrev

BECOSS

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering

Description

The lack of understanding of the financial capital of the creative economy regarding non-bank financial institutions limits the growth of Indonesia’s creative economy. Strategies through policies, capital owners, creative economy players and bring together capital owners with players. The capital ...