juremi: jurnal riset ekonomi
Vol. 2 No. 6: Mei 2023

DETERMINAN UNTUK MENILAI KINERJA KEUANGAN

Ayom Handayani (Program Studi Akuntansi, Sekolah Tinggi Ilmu Ekonomi Surakarta, Sukoharjo)
Ismunawan Ismunawan (Program Studi Akuntansi, Sekolah Tinggi Ilmu Ekonomi Surakarta, Sukoharjo)



Article Info

Publish Date
11 May 2023

Abstract

This study aims to analyze liquidity, profitability, solvency, activity and firm size on the financial performance of chemical manufacturing companies in the Indonesia Stock Exchange for the 2017-2021 period. The research approach used in this research is quantitative. The population of this research is all manufacturing companies in the chemical sub-sector on the IDX. Sampling in this study using purposive sampling method with a total sample of 9 companies and 5 periods of financial statements. Analysis of liquidity indicators Current Ratio (CR). Analysis of profitability indicators Return on Equity (ROE). The solvency analysis of the indicator is Debt to Equity Ratio (DER). Analysis of activity indicators Inventory Turnover (IT). The indicator company size is Ln total assets. Financial performance is assessed with the Return on Assets indicator. The analysis technique used was descriptive statistics, classical assumption test (multicollinearity test and autocorrelation test), t test, f test, coefficient of determination test and multiple linear regression analysis. The results of this study indicate that Liquidity (CR) has a significant effect on financial performance, Profitability (ROE) has a significant effect on financial performance, Solvency (DER) has a significant effect on financial performance, Activity (IT) has no significant effect on financial performance. (LN) has a significant effect on improving financial performance. Together, Liquidity (CR), Profitability (ROE), Solvency (DER), Activity (IT) and Firm Size have a significant effect on financial performance

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Journal Info

Abbrev

Juremi

Publisher

Subject

Economics, Econometrics & Finance

Description

Juremi: Jurnal Riset Ekonomi is a research base journal published by Bajang Institute. The journal published six times per year. This journal started publishes since 2021 In the following year of publication, the journal is going to publish trianually. Any interested author could submit the ...