Pengaruh Analisis Current Ratio (Cr), Debt To Equity Ratio (Der), Dan Total Asset Turnover (Tato) Terhadap Kinerja Keuangan Pada Pelaku Ekonomi Kreatif Subsektor Kuliner Di Kota Batu Tahun 2016-2019

Abstract

Abstract

The purpose of this study is to determine the financial performance of creative economy actors in the culinary sub-sector in the city of Batu in 2016-2019. In this study, the variables used to measure the financial performance of creative economy companies are financial ratios consisting of Current Ratio, Debt to Equity Ratio and Total Asset Turnover. However, financial performance in this study is measured by Return On Assets. Based on data from the Cooperative Office of the city of Batu, there are 353 creative economy actors in the culinary sub-sector, from the total population there are only 8 creative economy companies that meet the criteria and that meet the sample qualifications in this study, the sample used in this study is purposive sampling. In this study, the analysis technique used is multiple linear regression using panel data. From this research, it is found that the Current Ratio has a negative and significant effect on ROA, namely the company's financial performance and for the Debt to Equity Ratio it also has a negative and significant effect on ROA, namely the company's financial performance, while for Total Asset Turnover in this study it has an effect. positive and insignificant on the company's financial performance, but simultaneously the variables Current Ratio, Debt to Equity Ratio and Total Asset Turnover have a joint influence on the company's financial performance..

Keywords: Current Ratio, Debt to Equity Ratio, Total Asset Turnover, Financial Performance, Creative Economy.