Research Horizon
Vol. 6 No. 4 (2026): Research Horizon - Agustus 2026

The Effect of Liquidity, Solvency, Profitability, and Company Size on Financial Performance of Transportation and Logistics Companies

Julianus Fredo (Universitas Tanjungpura, Indonesia)
Djunita Permata Indah (Universitas Tanjungpura, Indonesia)
Muhammad Fahmi (Universitas Tanjungpura, Indonesia)



Article Info

Publish Date
25 Aug 2026

Abstract

The transportation and logistics sector plays a vital role in supporting economic activities. Yet, post-pandemic recovery has not resulted in uniform financial performance among companies, highlighting the importance of examining the factors that influence their financial performance. This study aims to analyze the influence of liquidity, solvency, profitability, and company size on the financial performance of companies in the transportation and logistics sectors listed on the IDX for 2021-2025. The method used was quantitative descriptive with secondary data of financial statements, a sample of 15 companies with purposive sampling, and regression analysis of panel data using EViews 13. The results of the study partially showed that profitability had a significant effect on financial performance, while liquidity, solvency, and company size did not have a significant effect. However, simultaneously, all variables have a significant effect. In conclusion, profitability is the main factor in supporting the improvement of the company’s financial performance. These findings imply that companies should prioritize profitability management to strengthen financial performance sustainably.

Copyrights © 2026






Journal Info

Abbrev

RH

Publisher

Subject

Arts Humanities Economics, Econometrics & Finance Education Law, Crime, Criminology & Criminal Justice Social Sciences

Description

The journal aims to make significant contributions to applied research and knowledge across the globe through the publication of original and high-quality research articles. It publishes original research articles, reviews, mini-reviews, case reports, letters to the editor, and commentaries, thereby ...