Atestasi : Jurnal Ilmiah Akuntansi
Vol. 6 No. 2 (2023): September

Analysis of Financial Ratio on Financial Performance and Sustainability Report as Intervening Variable

Ni Nyoman Sawitri (Universitas Bhayangkara Jakarta Raya)



Article Info

Publish Date
30 Sep 2023

Abstract

Study This aims to know and analyze the influence of Current Ratio (CR), Debt Equity Ratio (DER), Total Asset Turnover (TOTA), and Return on Assets (ROA) on Company Performance as proxied by Return on Equity (ROE) through Sustainability Report (SR) as variable intervening in the company cruise 2019-2021 period. Sample in the study: This consists of 5 companies in the cruise sector from 2019 to 2021. Study method This uses SEM PLS with SmartPLS programs and techniques, taking samples with purposive sampling. Result of study This shows that, in a way, Partial Ratio Finance that is proxied by Current Ratio (CR), Debt Equity Ratio (DER), Total Asset Turnover (TOTA), and Return on Assets (ROA) has an influence significant on Financial Performance as proxied by Return on Equity (ROE) and Sustainability Report (SR). Simultaneous results show that Ratio Finance that is proxied by Current Ratio (CR), Debt debt-equity ratio (DER), Total Asset Turnover (TOTA), and Return on Assets (ROA) have an influence significant on Financial Performance as proxied by Return on Equity (ROE) through Sustainability Report (SR) or mediated in a way complete with t- calculated value 2.533>1.96. As well as abilities variable independent in explaining variable dependent and variable intervening is by 87% and 69.1%. Meanwhile, the rest, 13 % and 30.9%, are defined by variables other independents outside the model.

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Journal Info

Abbrev

ATESTASI

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Founded in 2018, Atestasi: Jurnal Ilmiah Akuntansi is a double-anonymous peer-reviewed journal published by the Accounting Study Program, Faculty of Economics, Muslim University of Indonesia, Makassar. Published twice a year, in March and September, with E-ISSN 2621-1505. This journal engages in a ...