Jurnal SIKAP (Sistem Informasi, Keuangan, Auditing Dan Perpajakan)
Vol 10 No 2 (2026): April

DETERMINAN KINERJA KEUANGAN PERUSAHAAN IDX30: PENGUJIAN PENGARUH PROFITABILITAS DAN SOLVABILITAS

Naza Nadila Putri (Universitas Sangga Buana YPKP)
Wiwin Sukiati (Universitas Sangga Buana YPKP)
Hetti Herawati (Universitas Sangga Buana YPKP)
Wuri Handayani (Universitas Sangga Buana YPKP)



Article Info

Publish Date
24 Jul 2026

Abstract

Financial performance is an important indicator used to evaluate a company's ability to manage its resources efficiently and create sustainable value. This study aims to examine the effects of profitability and solvency on the financial performance of IDX30 companies listed on the Indonesia Stock Exchange during the 2020–2024 period. This research employed a quantitative approach using secondary data obtained from audited annual financial reports. The sample consisted of 17 companies selected through purposive sampling, and the data were analyzed using panel data regression. The findings indicate that profitability has a positive effect on financial performance, while solvency has a negative effect on financial performance. These results suggest that improving profitability and maintaining an optimal capital structure are essential to enhancing corporate financial performance. The study contributes empirical evidence on the determinants of financial performance among large-cap companies in the Indonesian capital market.

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Journal Info

Abbrev

sikap

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal SIKAP (Information Systems, Finance, Auditing And Taxation is a journal that is managed and published by Accounting Study Program Faculty of Economics Sangga Buana University - YPKP which contains research and thought of scholars in the field of Accounting Science both academics and ...