jurnal syntax admiration
Vol. 4 No. 3 (2023): Jurnal Syntax Admiration

The Effect of Total Assets Turnover, Debt to Assets Ratio, Cash Ratio and Current Ratio on Financial Performance of Companies The Hotel, Restaurant and Tourism Subsector in IDX for The Period 2016-2020

Siti Sarah Chairunisa (Faculty of Economics and Business, Universitas Nasional, Jakarta)
Kumba Digdowiseiso (Faculty of Economics and Business, Universitas Nasional, Jakarta)
Subur Karyatun (Faculty of Economics and Business, Universitas Nasional, Jakarta)



Article Info

Publish Date
28 Mar 2023

Abstract

This study aims to determine and analyze the effect of total assets turnover, debt to assets ratio, cash ratio and current ratio on financial performance of the Hotels, Restaurants and Tourism sub-sector Companies listed on the IDX for the 2016-2020 period. This study uses secondary data by analysing the financial statements of 20 samples of companies, the sampling method using purposive sampling. It show that partially there is a positive and significant effect between total assets turnover and cash ratio on financial performance, while debt to assets ratio has a negative and significant effect on financial performance, and there is no effect between current ratio on financial performance. And research found that there were significant effect between total assets turnover, debt to assets ratio, cash ratio and current ratio on financial performance of the Hotels, Restaurants and Tourism sub-sector Companies listed on the IDX for the 2016-2020 period.

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Journal Info

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jurnal

Publisher

Subject

Aerospace Engineering Automotive Engineering Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Computer Science & IT Education Electrical & Electronics Engineering Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Mathematics

Description

Syntax Admiration. Jurnal Syntax Admiration adalah jurnal yang diterbitkan sebulan sekali oleh CV. Syntax Corporation Indonesia. Syntax Admiration akan menerbitkan artikel ilmiah dalam lingkup ilmu sosial teknik. Artikel yang diterbitkan adalah artikel dari penelitian, studi atau studi ilmiah kritis ...