The Pengaruh Rasio Keuangan, Likuiditas Dan Firm Size Terhadap Profitabilitas Pada Perusahaan Sektor Konsumen Primer Sub Sektor Sawit (CPO) Yang Terdaftar Di Bursa Efek Indonesia 2017-2021
Study on Consumer Non-Cyclical Sector Companies of Palm Sub Sector (CPO) Listed on The Indonesia Stock Exchange 2017-2021
DOI:
https://doi.org/10.33395/owner.v7i3.1441Keywords:
Working Capital to Asset, Debt to Equity Rasio, Total Asset Turnover, Inventory Turnover, Liquidity, Firm SizeAbstract
This study aims to analyze the ratios of finance, liquidity, and company size to profitability which are used as the dependent variable in this study. The data in this study were obtained from the financial reports of palm oil companies (CPO) listed on the Indonesia Stock Exchange (IDX) for 2017-2021. The sample for this study consisted of 13 companies selected using a technique known as purposive sampling. Using multiple linear regression analysis, the relationship between the variables investigated in this study. The analytical tool used is SPSS veirsion 25.0.
The results of this study, partially Working Capital to Total Assets, Inventory Turnover, Liquidity and Firm Size have a positive effect on Profitability, while the Debt to Equity Ratio has a negative effect and Total Asset Turnover does not have a significant effect on Profitability in primary consumer sector companies in the oil palm sub-sector (CPO) listed on the IDX 2017-2021. Simultaneously, all variables have a positive and significant effect on profitability.
Downloads
References
Ekinanda, Ferlina (2020). Pengaruh Firm Size, Likuiditas, Struktur Modal Terhadap Profitabilitas. Jurnal Neraca Vol 04 No. 1.
Hayati (2019). Pengaruh Inventory Turnover, Sales Growth, dan Liquidity Terhadap Profitabilitas pada PT. Sumber Alfaria Trijaya, Tbk Tanjung Morawa Periode 2013-2017. Owner: Riset & Jurnal Akuntansi Vol 03 No. 1.
Ilham et al (2021). Efek Dari Leverage dan Ukuran Perusahaan Dalam Memengaruhi Tingkat Profitabilitas. Edunomika Vol. 05, No. 02.
Juliana, V & Sidik, S (2020). Pengaruh Perputaran Kas dan Perputaran Piutang Terhadap Profitabilitas Pada Perusahaan Pertambangan Subsektor Batu Bara Periode 2016-2020. AKUISISI Jurnal Akuntansi Vol 16 No 02 November: 104-110.
Julietha, R & Natsir, K (2021). Pengaruh Likuiditas, Solvabilitas, Firm Size, dan Firm Growth Terhadap Profitabilitas. Jurnal Manajerial dan Kewirausahaan Vol III, No. 02.
Larasati, C. I & Purwanto (2022). How Financial Ratios and Firm Size Affect Profitability: Evidence from Food and Beverages Industry in Indonesia. The Winners, 23(1), March: 43-50.
Nurkhin at el (2017). Relevansi Struktur Kepemilikan Terhadap Profitabilitas Dan Nilai Perusahaan Barang Konsumsi. Jurnal Akuntansi Multiparadigma, Vol 8, Nomor 1, April: 35-46.
Purba et al (2020). Pengaruh Working Capital to Total Asset (WCTA), Current Ratio (CR) dan Debt to Equity Ratio (DER) Terhadap Profitabilitas Pada Perusahaan Manufaktur Sektor Aneka Industri Terdaftar di Bursa Efek Indonesia Periode 2014-2017. Jurnal Universitas Dharmawangsa: Vol. 14, No. 3 Juli: 404-417.
Puspitasari et al (2019). Pengaruh Likuiditas Dan Struktur Modal Terhadap Profitabilitas (Suatu Studi Pada PT XL Axiata Tbk Yang Terdaftar Di Bursa Efek Indonesia Periode 2007-2017). Business Management and Enterpreneurship Journal: Vol. 01, No 03.
Rian et al (2020). Modal Kerja, Size, Struktur Modal dan Return on Asset: Studi Empiris Perusahaan Manufaktur Yang Terdaftar di BEI. JRAK: Vol 16 No. 02
Sari et al (2020). Pengaruh Likuiditas dan Solvabilitas Terhadap Profitabilitas Pada Perusahaan Pertambangan Subsektor Batubara Yang Terdaftar di BEI. Jurnal Akuntansi Profesi Vol. 11 No. 02.
Sholihah B. F. D & Suzan, L (2019). Pengaruh Current Ratio, Debt to Equity Ratio, Total Asset Turnover, dan Inventory Turnover Terhadap Tingkat Profitabilitas. Jurnal Ilmiah Ilmu Ekonomi Vol. 7 Edisi 14)
Sihombing et al (2021). Pengaruh Current Ratio, Inventory Turnover dan Size Terhadap Profitabilitas Pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi Yang Terdaftar di BEI Periode 2015-2019. SCIENTIFIC JOURNAL OF REFLECTION: Economic, Accounting, Management and Business Vol. 4, No. 3.
Sudarisman, T (2019). Analisis Faktor Modal Kerja Yang Berpengaruh Terhadap Profitabilitas Pada Perusahaan Jasa Konstruksi Yang Terdaftar Di Bursa Efek Indonesia. Forum Ekonomi Vol. 21 No. 02.
Supatmin (2021). Pengaruh Likuiditas dan Solvabilitas Terhadap Profitabilitas Pada PT Telekomunikasi Indonesia Tbk, Jakarta Tahun 2010-2019. Jurnal Disrupsi Bisnis, Vol. 4, No.3, Mei: 179-189
Tarmizi, R & Kurniawati, R (2017). Pengaruh Pertumbuhan Penjualan Dan Perputaran Total Asset Terhadap Profitabilitas. JURNAL Akuntansi & Keuangan Vol. 8, No. 2, September: Halaman 16 – 22.
Utami, M. T & Manda, G. S (2021). Pengaruh Working Capital Turnover (WCT), Current Ratio (CR), dan Total Assets Turnover (TATO) terhadap Profitabilitas. Moneter: Jurnal Akuntansi dan Keuangan Vol. 8 No. 1.
Wahyuliza, S & Dewita, N (2018). Pengaruh Likuiditas, Solvabilitas dan Perputaran Modal Kerja Terhadap Profitabilitas Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia. Jurnal Benefita 3(2) Juli: 219-226.
Wanisih et al (2018). Pengaruh Firm Size, Current Ratio, Financial Leverage, Total Asset Turnover Terhadap Profitabilitas. JAE: Jurnal Akuntansi dan Ekonomi Vol. 06 No.01
Sumber Internet
https://www.idx.co.id/perusahaan-tercatat/laporan-keuangan-dan-tahunan/
https://www.cnbcindonesia.com/market/
https://pse.litbang.pertanian.go.id
https://databoks.katadata.co.id/datapublish/2022/02/15/ini-kontribusi-sektor-pertanian terhadap-ekonomi-ri-tahun 2021#:~:text=Berdasarkan%20data%20Badan%20Pusat%20Statistik,%2C28%25%20terhadap%20PDB%20nasional.
https://www.simulasikredit.com/apa-itu-working-capital-definisi-working-capital/
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Lidya Sarai, Muhammad Nuryatno Amin
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
