Pengaruh Efisiensi Modal Kerja, Likuiditas Dan Solvabilitas Terhadap Profitabilitas Pada Perusahaan Sub Sektor Perdagangan Besar Yang Terdaftar Di Bursa Efek Indonesia Periode 2016-2020

Abstract

Abstract

The purpose of this study is to analyze the simultaneous effects of working capital efficiency, liquidity and solvency on the profitability of large retail subsector companies listed on  IDX between 2016 and 2020. This survey was at IDX (idx.co.id). This research is a quantitative research that uses a case study method of financial report data of large trading sub-sector companies with an observation year of 2016-2020. The sampling technique in this study used purposive sampling which resulted in the number of issuers as many as 10 sample companies. Data analysis used multiple linear regression test, autocorrelation test and determination test. Based on the results of data analysis, the results of the F-test show that  working capital efficiency, liquidity and solvency do not have a significant positive impact on profitability at the same time. Furthermore, the t-test results show that working capital efficiency, liquidity and solvency have no significant positive effect on profitability on profitability. The results of the determination test show that the percentage is 4.6%, where profitability can be influenced by working capital efficiency, liquidity, and solvency. Advice for investors before investing in a company should learn more about the company's financial condition so as not to feel disadvantaged if the company cannot provide a return on investment as expected.

 

Keywords: Profitability, Liquidity, Working Capital Efficiency, Solvency