Current Ratio

Postprocessing annealing in forming gas at 400 • C was performed on enhancement-mode lattice-matched InAlN/AlN/GaN high-electron-mobility transistors fabricated by selective etch of InAlN under a Pt gate. After postprocessing annealing, the device reverse gate leakage current decreased from 10 -7 to 10 -12 A/mm at V gs = -1 V and V ds = 6 V, showing an ON/OFF current ratio of 10 12 that is the highest reported value for all GaN-based transistors. The gate diode breakdown voltage was observed to increase from ∼9 to ∼29 V; the transistor threshold voltage was also found to shift from 0.6 to 1.2 V. All these observations indicate that an electrically thinner and more insulating interlayer is most likely formed between the Pt gate and underlying channel after postprocessing annealing, which is ascribed to multiple possible mechanisms including increase in barrier height, reduction in interface states introduced during the gate recess process, formation of a thin oxide layer, etc.

ABSTRAK Yulinda Mohamad. 931 411 243. 2015. Pengaruh debt ratio (DR) dan debt to equity ratio (DER) terhadap earning per share (EPS) pada perusahaan sektor farmasi di Bursa Efek Indonesia Periode 2010-2014. Skripsi Program S1 Manajemen, Jurusan Manajemen, Fakultas Ekonomi dan Bisnis. Universitas Negeri Gorontalo, dibawah bimbingan Bapak Hais Dama SE, M.Si dan Bapak Idham Masri Ishak SE, M.Si. Penelitian ini bertujuan untuk mengetahui pengaruh sacara parsial maupun simultan variabel debt ratio (DR) dan debt to equity ratio (DER) terhadap earning per share (EPS) pada perusahaan sektor farmasi di Bursa Efek Indonesia periode 2010-2014. Earning per share merupakan variabel dependen, sedangkan variabel independen dalam penelitian ini adalah Debt Ratio (DR) dan Debt To Equity Ratio (DER). Penelitian menggunakan metode purposive sampling untuk pengambilan sampel. Data diperoleh berdasarkan publikasi laporan keuangan perusahaan sektor farmasi yang tercatat di Bursa Efek Indonesia periode 20...

This study aims to determine the effect of Current Ratio on stock prices, the effect of Firm Size on stock prices, the effect of Return On Equity on Stock Prices, the effect of Earning Per Share on Stock Prices, and the influence of Current Ratio, Firm Size, Return On Equity, and Earning Per Share simultaneously on stock prices in the 5 year period, 2014-2018. This study uses a quantitative approach with a descriptive statistical analysis type. The population in this study amounted to 150 companies. This study uses financial statement data with time series for the last 5 years published from www.idx.co.id. In this study, the sample selection used purposive sampling technique. The sample of this study contained 49 companies in the last 5 years with a total sample quantity of 245 manufacturing companies. The results of this study indicate that partially Current Ratio and Return On Equity have no and insignificant effect on stock prices of manufacturing companies. Partially Firm Size a...

As is well known, the Covid-19 pandemic has impacted pharmaceutical companies in Indonesia, which have played an active role in handling these extraordinary events. This study aims to determine the effect of company financial performance in terms of profitability ratios, liquidity ratios, and solvency ratios on stock returns in pharmaceutical companies in Indonesia for the 2017-2022 period. A total of eight companies listed on the Indonesia Stock Exchange were examined according to purposive sampling criteria. Observation of data from 48 annual financial reports processed using the Eviews 12 program. The results of this study indicate that Return on Assets (ROA) and Current Assets (CR) have a positive and significant effect on firm value. Earning per Share (EPS) does not affect Stock Return. Meanwhile, the Debt to Equity Ratio significantly negatively affects stock returns.

The purpose of this study was to determine the effect of Current Ratio, Net Profit Margin, Total Asset Turnover, Debt to Equity Ratio, Debt to Asset Ratio, Return On Assets on Profit Growth at PT Cisadane Sawit Raya partially. This study uses a quantitative approach. The data analysis technique used in this study is the Kendall tau correlation technique. Based on the results of the study, it shows that there is an effect of the Current Ratio on profit growth at PT Cisadane Sawit Raya. These results are evidenced by the partial test results of Zcount 1.91 ≥Ztable 0.9719. There is an effect of Total Asset Turnover on PT Cisadane Sawit Raya's profit growth. The partial test results of Zcount 1.33 ≥ Ztable 0.4082. There is an effect of Net Profit Margin on PT Cisadane Sawit Raya's profit growth. The partial test results of Zcount 1.33 ≥ Ztable 0.4082. There is no effect of Debt to Equity Ratio and Debt t o Asset Ratio on PT Cisadane Sawit Raya's profit growth. The partial test results are Zcount -1.91 ≤ Ztable 0.0281 and the partial test results are Zcount -1.91 ≤ Ztable 0.0281.

This study aims to determine and analyze the effect of return on assets (ROA) and current ratio (CR) on stock returns in technology companies listed on the Indonesia Stock Exchange for the 2019-2021 period. The population of this study amounted to 26 companies. The sampling technique using the purposive sampling method obtained data from 6 companies. The results of this study indicate that ROA has a positive and significant effect on stock returns, while CR has no significant effect on stock returns.

v Seseorang (calon suamiku) dan anak-anakku kelak :D,,, v Semoga dapat memberikan manfaat bagi orang lain,,,, v Amiiiiiiinn Ya rabal'alamin... perpustakaan.uns.ac.id digilib.uns.ac.id commit to user v MOTTO "Sesungguhnya sesudah kesulitan itu ada kemudahan, maka apabila kamu telah selesai dari satu urusan, kerjakanlah dengan sungguh-sungguh urusan yang lain. Dan hanya kepada Tuhanmulah hendaknya kamu berharap." (QS. Al Insyirah:6-8) "Allah tidak membebani seseorang melainkan sesuai dengan kesanggupannya. Ia mendapat pahala (dari kebajikan) yang diusahakannya dan ia mendapat siksa (dari kejahatan) yang dikerjakannya." (QS. Al-Baqarah:283) People who are successful have learned to make themselves do things to be done when it had be done, whether they like it or not (Aldus Huxley) "Pendidikan merupakan perlengkapan paling baik untak masa tua." (Aristoteles) "Jangan lihat masa lampau dengan penyesalan, jangan pula lihat masa depan dengan ketakutan, tapi lihatlah sekitar anda dengan penuh kesadaran. Kesuksesan telah menunggumu." (Eka Nur Hidayah) perpustakaan.uns.ac.id digilib.uns.ac.id commit to user vi KATA PENGANTAR ِ ‫ﻴﻢ‬ ِ ‫ﱠﺣ‬ ‫اﻟﺮ‬ ِ ‫ﻦ‬ ْ ‫ﱠﲪ‬ ‫اﻟﺮ‬ ِ ‫اﷲ‬ ِ ‫ْﻢ‬ ‫ِﺴ‬ ‫ﺑ‬ Assalamua'alaikum Wr. Wb. Alhamdulilahi rabbil 'alamin, segala puji syukur kepada Allah SWT penulis panjatkan atas segala karunia, rahmat, ridha dan kemudahan yang telah diberikan kepada penulis melalui segala jalan sehingga penulis dapat menyelesaikan skripsi dengan judul "ANALISIS PENGARUH PROFITABILITAS, FIRM SIZE, NON-DEBT TAX SHIELDS, TANGIBILITY, GROWTH OPPORTUNITIES, EARNING VOLATILITY DAN LIKUIDITAS TERHADAP STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR YANG LISTED DI BEI TAHUN 2007-2011". Skripsi ini dapat terselesaikan juga atas segala doa, dukungan dan harapan terbaik yang selalu mengalir dari berbagai pihak. Oleh karena itu penulis mengucapkan terima kasih kepada semua pihak yang telah membantu penulis dalam penyelesaian skripsi ini:

Pasar modal merupakan tempat kegiatan perusahaan mencari dana untuk membiayai kegiatan usahanya. Selain itu, pasar modal juga merupakan suatu usaha penghimpunan dana masyarakat secara langsung dengan cara menanamkan dana ke dalam perusahaan yang sehat dan baik pengelolaannya. Fungsi utama pasar modal adalah sebagai sarana pembentukan modal dan akumulasi dana bagi pembiayaan suatu perusahaan/emiten. Dengan demikian pasar modal merupakan salah satu sumber dana bagi pembiayaan pembangunan nasional pada umumnya dan emiten pada khususnya di luar sumber-sumber yang umum dikenal, seperti tabungan pemerintah, tabungan masyarakat, kredit perbankan dan bantuan luar negeri. Pasar modal dipandang sebagai salah satu sarana yang efektif untuk mempercepat pembangunan suatu negara. Hal ini dimungkinkan karena pasar modal merupakan wahana yang dapat menggalang pengerahan dana jangka panjang dari masyarakat untuk disalurkan ke sektor -sektor yang produktif. Pasar modal merupakan salah satu alternatif yang dapat dimanfaatkan perusahaan untuk memenuhi kebutuhan dananya. Meskipun telah ada lembaga perbankan, namun karena terbatasnya leverage suatu perusahaan tidak dapat memperoleh pinjaman dari bank. Sementara itu, bagi kalangan masyarakat yang memiliki kelebihan dana dan berminat untuk melakukan investasi, hadirnya lembaga pasar modal di Indonesia

The purpose of this study is to determine the effect of third party funds, equity, non performing financing and profit sharing on revenue sharing at PT. Bank Syariah Mandiri, Tbk. The secondary data onto this research using financial statements of PT. Bank Syariah Mandiri Tbk for the period of 2010-2014. Multiple linear regression applied to analyze the data onto this study. The results of this study either partially or simultaneously indicate that revenue sharing are significantly influenced by third party funds, equity, non performing financing and profit sharing. Keywords: Third party funds, Equity, Non performing financing, Profit sharing, Revenue sharing.

In the current era of fierce competition in both the business and business world, companies need to improve performance in the company. because by knowing the performance, especially in the financial sector, the company can determine the strategy to compete against its competitors. This study aims to determine the financial performance of PT Cahaya Bintang Medan Tbk based on liquidity ratios. This research uses descriptive methods with a quantitative approach. The data source used in research by the author is external data, namely data obtained not directly from sources but from third parties or institutions that process the data. The results of the calculations that can be concluded that the current ratio in 2018-2020 was 99.41%, 139.3% and 207.25% respectively and the quick ratio in 2018-2020 was 74.6%, 67% and 91.6% respectively so that based on the current ratio in 2018-2019 it can be concluded that the company is not Liquid because it does not meet industry standards but in 202...

The purpose of this study to empirically examine the liquidity, profitability, growth opportunity toward dividend payout ratio in manufacturers companies listed on the Indonesia Stock Exchange. Samples are 8 companies listed in the Stock Exchange were taken as samples for predetermined criteria have been appropriate, and taken its financial statements for 4 years in a row - succession, in order to obtain as much data as 32 data. Data were analyzed using multiple regression. The results showed that the Liquidity and Growth Opportunity has no significant influence on the dividend payout ratio, whereas profitability has a significant and positive influence on the dividend payout ratio. Business Risk does not have a significant effect on the dividend payout ratio. Liquidity does not have a significant effect on the dividend payout ratio with the risk of the business as a moderating variable, Profitability does not have a significant effect on dividend payout ratio with the risk of the b...

Tujuan penelitian untuk mengetahui dan menganalisis pengaruh likuiditas, leverage, ukuran perusahaan, total asset turnover, dan efisiensi operasional pada profitabilitas (ROA) dan mengetahui variabel paling dominan pengaruh pada profitabilitas perusahaan otomotif yang terdaftar di Bursa Efek Indonesia (BEI). Metode pengumpulan data menggunakan data sekunder yaitu laporan keuangan dan pengambilan sampel menggunakan teknik purposive sampling. Tahap pengujian meliputi uji statistik deskriptif, uji asumsi klasik, regresi linier berganda, uji f, uji t, dan koefisien determinasi. Seluruh analisis dilakukan dengan aplikasi SPSS. Hasil penelitian menunjukkan bahwa, secara parsial, variabel likuiditas, leverage, ukuran perusahaan, dan total asset turnover yang berpengaruh pada profitabilitas, sedangkan efisiensi operasional tidak berpengaruh pada profitabilitas. Secara simultan, variabel likuiditas, leverage, ukuran perusahaan, total asset turnover, dan efisiensi operasional berpengaruh pada profitabilitas. Total asset turnover variabel yang paling dominan berpengaruh pada profitabilitas.

The results of the study show that the Profit Growth variable has a t-value of 1.635, which is smaller than the t-table value of 2.446 (1.635 < 2.446), and the significance level is greater than 0.05 (0.153 > 0.05), meaning that Profit Growth does not have an effect on Stock Return. Next, Firm Size shows a t-value of 5.008, which is greater than the t-table value of 2.446 (5.008 > 2.446), and the significance level (0.002 < 0.05), meaning that Firm Size has a positive effect on Stock Return. Meanwhile, the Current Ratio has a t-value of-1.576, which is smaller than the t-table value of 2.446 (-1.576 < 2.446), and the significance level is greater than 0.05 (0.166 > 0.05), indicating that the Current Ratio does not affect Stock Return. Furthermore, the simultaneous results show that Profit Growth, Firm Size, and Current Ratio significantly affect the Stock Return of PT Bayan Resources Tbk for the period 2014-2023, as evidenced by the F-value being greater than the F-table value (8.842 > 4.74).

This research begins with the plastic industry that is increasingly available on the Indonesia Stock Exchange, as seen by the increase in several plastic companies listed on the Indonesia Stock Exchange and the addition of foreign market share, namely Chinese products. This study aims to analyze the extent to which the performance development of plastic companies in Indonesia is seen from the Return on Assets as the dependent variable. While the independent variables of this study are Current Ratio, Total Asset Turnover, Debt Ratio, and Gross Profit Margin. The research method used in this study is a quantitative method, where this study has a sample of 207 data from 10 companies listed on the Indonesia Stock Exchange, with the period 2012 to 2019, and financial reporting is carried out during the quarter, where this study uses the normality test, multicollinearity test, heteroscedasticity test, autocorrelation test, t-test, and F test. The results of this study are Current Ratio, a...

Business environment plays significant roles to the socioeconomic wellbeing of the citizens and the nation. Thus, the environment greatly influences the nation's social and economic profiles if it is favourable. However, the covid-19 pandemic in recent time has threatened this objective. This study titled Covid-19 Pandemic and the Nigerian Business Environment is written to examine how the business environment in Nigeria is affected by the covid-19 pandemic. The study reached respondents who are residents of the Federal Capital Territory. More so, the study reached these respondents using a 12 items structured questionnaire. The population of the study is infinite considering the nature of the federal capital territory where some respondents are mobile considering the fact that the city is a gateway to other parts of the nation thus, the study adopts Godden sample size statistical formula which generated a sample size of 384. However, out of the total of 384 questionnaires distributed only 288 were duly completed and returned giving a retrieval rate of 75%. The data were analyzed using a five point's likert scale and the analytical tool is the linear regression analysis. The study revealed that covid-19 pandemic affected the Nigerian business environment. Thus, the study recommends that apart from improvement of provision of stimulus packages to the operators of businesses in recent time such packages should be extended to the citizens especially the vulnerable groups so as to assuage the effect of covid-19 pandemic and improve the socioeconomic wellbeing on the citizens in Nigeria and the federal capital territory in particular.

The purpose of this study is to assess the comparative financial performance between conventional and Islamic banks in Indonesia by considering factors such as profitability, liquidity, operational efficiency, and credit risk. Using a qualitative approach and literature review method from various credible sources, the results show that conventional banks tend to use ROA, ROE, CIR, and NIM as the main profitability indicators; Islamic banks also use NPF and FDR. CAR and NIM affect Islamic banks' profitability positively against ROA, while BOPO affects  conventional  banks'  ROA  negatively. In  terms  of  liquidity,  Islamic  banks  have  an  advantage  due  to  the yield principle applied. This is indicated by the current ratio, quick ratio, money ratio, and loan-to-deposit ratio, which show their ability to meet short-term obligations better compared to conventional banks. BOPO shows the operational efficiency of Islamic banks thanks to the principles of fairness and sustainability, while conventional banks excel in revenue management from assets and investor capital. The profit-sharing system in Islamic banks lowers credit risk compared to conventional banks. Although the operating principles of the two types of banking are different, this study found that each type of banking exhibits strengths and weaknesses in terms of profitability, liquidity, efficiency, and credit risk. It is hoped that these results will aid the growth of the Indonesian banking industry and help bank management and relevant stakeholders make informed decisions.

Objectives: A company's bottom line analysis is one of the essential factors that should be done by the shareholders when deciding to invest their shares in the company. It gives a clear view of whether shares will be bought, sold, or retained. This research aims to reveal the effectiveness of liquidity which is represented by current ratio (CR) solvency in the form of debt-to-equity ratio (DER) and profitability proxies by return on equity (ROE) towards Stock returns in service sector Industries. Methodology: The research population used consists of 76 service sector firms that are active in the property, real estate, and building construction sectors that are registered at the Indonesia Stock Exchange. The purposive method is used as the sampling technique with a total sample of 22 service companies. The data used in this study were gathered from financial reports during 2016-2020. Panel data regression is performed while the analysis technique is processed through E-views 9. Finding The results indicate the implementation of the fixed effect model has found that liquidity in this case is the current ratio and profitability which is represented by ROE showed that variables do not affect stock returns while solvency which is represented by debt-to-equity ratio has an impact on the stock returns. The current ratio does not affect the return on equity, while the debt-to-equity ratio has a negative effect on return on equity. The current ratio and debt-to-equity ratio mediated by return on equity do not affect stock returns. Conclusion: High liquidity indicates an increase in company performance but in this case, liquidity is still not considered as a determining factor for investors in investing because investors are more focused on the use of capital and debt.

This research aims to examine the relationship between liquidity and profitability, focusing on two prominent commercial banks in Nepal: NABIL Bank Limited and Everest Bank Limited (EBL). The study utilizes correlation and regression analyses to investigate the impact of liquidity on the profitability of these two banks. The main findings of the study are derived from the analysis of financial data. The study employs a quantitative research approach, utilizing financial data from both banks over a ten-year period (i.e., 2012/13 to 2021/22). Various liquidity and profitability ratios, including credit to total deposit ratio, cash and bank balance to total deposit ratio, total liquid fund to total deposit ratio, a total liquid fund to current liabilities ratio, asset quality ratio and return on assets, are calculated and analyzed. Findings reveal that while there is no significant relationship between certain liquidity ratios and profitability, the cash and bank balance to total deposit ratio (CABTDR) positively influences profitability for NABIL. Additionally, the total liquid fund to total deposit ratio (LFTDR) and total liquid fund to current liabilities ratio (LFTCLR) negatively impact profitability in both banks. The study emphasizes the importance of maintaining optimal liquidity levels and improving asset quality to enhance profitability. Overall, liquidity's influence on profitability is relatively weaker compared to asset quality.

The purpose of this study was to empirically explore the impact of working capital management (WCM) on firms performance of chosen manufacturing firms listed in Karachi stock exchange (KSE). The quantitative research methods, correlation matrix and multiple regressions, secondary data and purposive sampling have been worked out. Arandom sample of 50 listed non-financial companies on Pakistani Stock Market was selected for the period ranging from year 2005 to 2014. The WCM has been used as an independent variable, i.e., inventory turnover (ITO), cash conversion cycle (CCC), average collection period (ACP), and average payment period (APP). The firm performance (FP) has been used as dependent variable, i.e., return on asset (ROA), return on equity (ROE) and earning per share (EPS). The results of multiple regression articulated that the APP, ITO and CCC have negative and significant impact on ROA but ACP has positive and significant impact on ROA. While APP has negative significant im...

This research is motivated by the existence of fraudulent financial reporting that occurred in several industrial sectors in companies in Indonesia. This research aims to determine the influence of the pentagon fraud theory in detecting fraudulent financial statements in the manufacturing company sector, Food and Beverage subsector on the 2018-IDX. 2022. A sample of 12 companies was obtained with a total sample size of 60 sample data. The data used is secondary data in the form of financial reports on food and beverage sector manufacturing companies listed on the IDX 2018-2022. The data analysis technique used is descriptive statistical analysis, classical assumption test, multiple linear regression test, hypothesis test which is processed using the IBM SPSS 22 application. Based on the research results which show that the ACHANGE value is obtained, tTable is 2.015. Because tcount is greater than ttable, namely-2.501 ≥-2.015 and the significance value (Sig.) ≤ 0.05, the LEV value obtained is tTable 2.356. Because the tcount is greater than the ttable, namely 2.356 ≥ 2.015 and the significance value (Sig.) ≤ 0.05, the ROA value is obtained tTable 2.015 because the tcount is greater than the ttable, namely 0.179 ≤2.015 and the significant value is ≥ 0.05 and the INVENTORY value obtained is tTable 2.015. Because tcount is greater than ttable, namely-2.908 ≥-2.015 and the significance value (Sig.) ≤ 0.5 and the BDOUT value, we get tTable 2.015. Because tcount is smaller than ttable, namely-0.452 ≤-2.015 and significance value (Sig.) ≤ 0.05.

Tujuan penelitian ini adalah untuk menguji dan menganalisis pengaruh kinerja keuangan yang diproksikan dengan Return on Asset (ROA) dan Debt to Equity ratio (DER) terhadap return saham pada perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia (BEI). Metode analisis yang digunakan adalah metode regresi linier berganda serta mengunakan uji asumsi klasik untuk menguji penyimpangan klasik yang biasanya terjadi, diantaranya uji normalitas, multikolonieritas, heterokedatisitas dan autokorelasi. Analisis regresi linier berganda ini dilakukan dengan bantuan program komputer SPSS (Statistical Product and Service Sollution) Ver. 19. Sampel yang digunakan pada penelitian ini berjumlah 13 perusahaan pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia dengan periode pengamatan selama 4 tahun, mulai tahun 2009 s.d. 2012. Berdasarkan hasil penelitian menunjukkan bahwa kinerja keuangan yang diproksikan dengan  Retun on Asset (ROA) dan Debt to Equity Ratio (DER)  tidak berpenga...

The Nigerian Oil and Gas industry, as a result of the COVID-19 pandemic, continues to be plagued with numerous economic challenges that affect its liquidity position and hinders it from delivering on its core mandate of profitability. Hence, the purpose of this research was to look into the effect of liquidity management on the financial performance of Nigerian oil and gas firms. Current Ratio (CUR), Quick Ratio (QUR), Cash Ratio (CAR), and Return on Capital Employed (ROCE) were explored as proxy variables for liquidity management and financial performance, respectively, using an ex-post facto research approach. The study used a purposive sampling approach to collect secondary data, which was based on the availability of data at the time of the investigation. These figures were collected from five Nigerian oil and gas firms' annual financial reports, which spanned the years 2012 through 2021. The data was analyzed using descriptive statistics and regression analysis. Results from the analysis revealed that Quick Ratio and Cash Ratio has a positive insignificant impact on Return on Capital Employed while Current Ratio has a negative significant impact on Return on Capital Employed. Based on the findings, managers of oil and gas firms should adopt effective liquidity management policies that guarantee an optimal level of liquidity that improves its profitability and enables them operate with a reasonable margin of safety.

Ella Hariana Atria, 0174000500, “The Influence of Liquidity and Company Size on Earning Quality in Empirical Studies in Companies Engaged in the Automotive & Component Sub-Sectors Listed on the Indonesia Stock Exchange in 2015-2020”. Accounting Department 2021. Advisor I: Dr. Kasbuntoro, SE, MM. Advisor II: Hari Ujiantara, S.Mn, M.Ak.
        This research was conducted to examine the effect of Liquidity and Firm Size on Earnings Quality. Liquidity as measured by the current ratio. Company size is measured by theratio scale log of total asset. And Earnings Quality as measured by the earnings quality ratio scale. The company sample uses the purposive side method, with a total sample size of 6 companies from 13 automotive and component subsector companies listed on the Indonesia Stock Exchange (IDX) in 2015-2020. The analytical method used in this research is multiple linear regression analysis and classical assumption test. To test the hypothesis carried out in this study using the t test and F test.
Based on the results of the T test, it shows that the liquidity variable has no significant effect on earnings quality, while the firm size variable has an effect on earnings quality. In the F test (simultaneous) the liquidity and firm size variables have a significant and significant effect on earnings quality. Supported by the test results of the coefficient of determination that is equal to 0.168 or equivalent to 16.8%, which indicates that there is a contribution between liquidity and earnings quality.

Penelitian ini bertujuan untuk mengetahui ada tidaknya perbedaan kinerja keuangan sebelum dan sesudah right issue pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2011-2015. Right issue adalah penawaran saham tambahan di luar saham awal. Periode pengamatan satu tahun sebelum dan satu tahun setelah right issue. Variabel penelitian adalah kinerja keuangan termasuk current ratio (CR), quick ratio (QR), debt ratio (DR), debt to equity ratio (DER), net profit margin (NPM), return on equity (ROE), return on asset (ROA), dan total asset turn over (TATO). Teknik pengambilan sampel menggunakan metode purposive sampling. Sampel mencakup delapan perusahaan yang melakukan right issue dari 2011-2015. Pengujian hipotesis menggunakan metode tes yang berbeda (paired sample t-test). Hasil analisis menggunakan paired sample t-test menunjukkan tiga perbedaan signifikan, yaitu current ratio (CR), debt to equity ratio (DER), dan total asset turn over (TATO) dengan nilai signifik...

This study examines the impact of firm characteristic on environmental performance of listed consumer goods firms in Nigeria. The study uses sixteen out of twenty listed consumer goods firms in Nigeria, and adopts correlational research design. Data for the study was extracted from the annual reports and accounts of the sampled firms for a period of 13 years from 2010 to 2022, and analyzed using multiple regressions. The results from the statistical analysis reveal a significant impact of firm characteristics (leverage, tangibility and firm size) on environmental performance using waste management cost while profitability, firm age and liquidity have insignificant impact on environmental performance of the sampled companies. The study concludes that leverage, tangibility and firm size affect environmental performance of the listed consumers' goods companies in Nigeria. Based on this, this study recommends that management of listed consumer goods companies in Nigeria should take into account factors such as leverage, tangibility and firm size when deciding on to spend on waste management for environmental performance. Also, the management should embrace environmental performance practice in their plan which may elevate a company's image, engender trust, and secure its place as a frontrunner in the race towards a sustainable and profitable future. This implies that companies in line with their attributes should develop business models and strategies that will ensure environmental sustainability practice.

This study aims to examine whether the internal factor (cash flow) and external factor (leverage) affect firm value through profitability as a moderating variable in technology sector companies 2018-2021. The method used in this research was a deductive approach, quantitative types, and descriptive characteristics. The number of technology sector companies listed on the IDX is 27 companies which the amount of sample that is selected by using purposive sampling technique is 5 companies. The SmartPLS 3.0 application was used in this study to make it easier for researchers to analyze data. The conclusion obtained show that internal (cash flow) and external (leverage) factors do not affect firm value through profitability as a moderating variable. However, researchers can prove that external factor (leverage) can affect profitability which is evidenced by the p-values in the hypothesis test, namely 0,010&lt;0,05 which indicates that external factor (leverage) have a significant effect o...

The objective of the study is to examine the effect of debt equity ratio, return on equity, and current ratio on stock returns. The independent variable is stock returns while the dependent variables are debt equity ratio, return on equity and current ratio. The research used a quantitative research approach, while the type of the study was descriptive statistics, and the nature of the study was an explanatory study. The research populations were 39 companies in the consumer goods industry sector while the 18 samples were drawn by using a purposive sampling technique consisting of consumer goods industries that met the criteria. The research data were analyzed by using multiple linear regression analysis with the classical assumption test. Simultaneously, the research revealed that the debt equity ratio, return on equity and current ratio did not affect stock returns in the consumer goods industry sector listed on the Indonesia Stock Exchange in the period of 2014-2018. The calculat...

Penelitian ini bertujuan untuk menguji pengaruh rasio keuangan yang ditunjukkan melalui debt to asset ratio, total assets turn over ratio, dan net profit margin terhadap perubahan laba pada PT. Ultra Jaya Milk Industri & Trading Company Tbk. Populasi dalam penelitian ini yaitu seluruh laporan keuangan PT. Ultra Jaya Milk Industry dan Trading Company, Tbk periode 2010-2018. Sampel penelitian menggunakan 9 tahun pengamatan, sehingga jumlah data yang digunakan adalah 9 Tahun x 4 triwulan = 36 sampel pengamatan. Alat analisis yang digunakan adalah software SPSS v.22. Hasil penelitian menunjukkan bukti bahwa debt to asset ratio dan net profit margin tidak berpengaruh terhadap perubahan laba, sedangkan total assets turn over ratio berpengaruh positif dan signifikan terhadap perubahan laba.Keywords: Debt to asset ratio, total assets turn over ratio, net profit margin, perubahan laba.

Sintia Prastiwi Supandi Mulyati. 0174000032. 2021. The influence of Investment Decision and Debt Policy on Value of Company in Manufacturing of Metal Sub Sector in Indonesia Stock Exchange for 2015 – 2020 Periode. Mentor I : Dr. Arfendo Propheto, S.S, M.M. Mentor II: I Nyoman Simpen, S.E., M.Ak.
This research aims to determine the effect of Investment Decision and Debt Policy Against Company Value. Investment decisions are measured by price earning ratio, debt policy measured by debt to equity ratio and company value measured by price to book value. The sample of the company is taken by purposive sampling method where the samples taken are 5 companies from 17 population of companies manufacturing metal sub sectors listed in Indonesia Stock Exchange (IDX). The analysis method used in this research is classical assumption test and linier regression analysis. Hypotesis testing is done by using t test and f test.
The result of t (partially) test showed that investment decision has no effect and no significant to company value. While debt policy variabel has an effect on and significance to company value. In the f test (simultaneous) shows investment decision and debt policy have an effect on and  significant to company value. This can be seen from the coefficients number of simultaneous determination of 20% which shows the contribution of investment decisions and debt policy to company value.

This study aims to test a conceptual framework to predict that CSR is partially moderate the influence of tax avoidance on the value of the company. The sample in this study is a public company that publishes sustainability reporting. Data analysis was performed using SPSS. This study uses a sample of public companies that publish sustainability reporting for the period 2013-2016. This study prove that high ETR values cause high firm value. Companies that tend not to do tax avoidance get a positive response from investors. While the company's CSR activities cannot moderate the effect of tax avoidance on firm value. This study explains that corporate CSR cannot be used for tax avoidance purposes in order to increase company value. This study supports the theory of legitimacy, that the company must conduct its business responsibly

Abstrak Penelitian ini bertujuan untuk mengetahui pengaruh perputaran modal kerja terhadap profitabilitas pada PT. Gudang Garam Tbk. Dalam suatu perusahaan perputaran modal kerja digunakan untuk meningkatkan penjualan yang akhirnya dapat meningkatkan profitabilitas. Profitabilitas yang digunakan dalam penelitian adalah Net Profit Margin. Metode penelitian yang penulis gunakan adalah metode analisis kuantitatif statistik berupa uji korelasi, uji determinasi dan uji regresi. Data yang penulis gunakan dalam penelitian ini adalah laporan posisi keuangan konsolidasi dan Laporan keuangan Laba Rugi konsolidasi PT. Gudang Garam Tbk periode tahun 2010 sampai dengan 2019.  Dari hasil uji koefisien determinasi menunjukan perputaran modal kerja berpengaruh terhadap profitabilitas sebesar 51,0% sisanya 49,0% dipengaruhi faktor lain yang tidak penulis teliti. Dan hasil persamaan regresi yang terbentuk signifikan antara perputaran modal kerja terhadap profitabilitas adalah  Y = 14,472 – 1,442X. ar...

Pajak memiliki peran penting dalam perekonomian Indonesia (Handayani & Mildawati, 2018). Namun, masih banyak warga Indonesia yang menganggap pajak sebagai beban yang memberatkan, sehingga mereka berusaha mengurangi pembayaran pajak. Perusahaan juga merupakan wajib pajak di Indonesia, namun seringkali sulit bagi mereka menerima pajak dengan baik. Perusahaan berpendapat bahwa pajak dapat mengurangi laba bersih, sedangkan pemerintah menganggap pajak sangat penting untuk kepentingan masyarakat. Akibat perbedaan ini, perusahaan melakukan penghindaran pajak (Marfu'ah et al., 2021). Pohan (2018:14) menjelaskan bahwa Penghindaran pajak adalah strategi legal yang dilakukan wajib pajak untuk mengurangi pajak tanpa melanggar peraturan perpajakan. Namun, penghindaran pajak dapat merugikan negara dengan mengurangi penerimaan negara (Ginting, 2016). Direktur Jenderal Pajak Kementerian Keuangan, Suryo Utomo, mengungkapkan bahwa ditemukan penghindaran pajak sebesar 68,7 triliun per tahun yang diperkirakan merugikan negara (Kontan.co.id). Indonesia diperkirakan mengalami kerugian hingga US$ 4,86 miliar per tahun akibat penghindaran pajak (Tax Justice Network, 2020). Terdapat beberapa faktor yang dapat mempengaruhi praktik penghindaran pajak yang dilakukan oleh perusahaan sebagai wajib pajak badan di Indonesia. Faktor-faktor tersebut, sebagaimana telah diteliti sebelumnya, termasuk komite audit, ukuran perusahaan, intensitas modal, leverage, dan profitabilitas. Komite audit adalah sebuah tim yang bertanggung jawab atas pengawasan internal. Dalam suatu perusahaan, komite audit minimal terdiri dari 3 orang. Semakin banyak anggota dalam komite audit, maka praktik penghindaran pajak dalam perusahaan akan semakin rendah. Hal ini menunjukkan bahwa pengawasan yang dilakukan semakin baik. (Cahyono et al., 2016).

The research objective is to determine the financial performance of PT A from 2018 to 2022 in terms of the liquidity ratio. The type of data used in writing this final project report is quantitative data using secondary data, namely the financial position report from 2018 to 2022. The results of this study indicate that the financial performance of PT A is said to be in bad financial condition because the average liquidity ratio results are below industry standards. It can be concluded that PT A is an illiquid company and has an unfavorable financial condition.

Oleh Hariman NIM. 501362468 Abstrak Artikel ini mengeksplorasi ketidakkonsistenan yang terus terjadi dalam penentu struktur modal dengan membandingkan kerangka teori dominan dengan temuan empiris global terkini. Berdasarkan jurnal internasional bereputasi tinggi yang terbit pada periode 2021 hingga 2025, studi ini mengidentifikasi lima determinan utama-profitabilitas, ukuran perusahaan, aset berwujud, risiko bisnis, dan likuiditasserta mengkaji bagaimana faktor-faktor tersebut menunjukkan pengaruh yang berbeda-beda tergantung pada industri, konteks geografis, dan kondisi ekonomi. Kebaruan (novelty) dari penelitian ini terletak pada pengembangan model konseptual yang mensintesis teori-teori struktur modal yang saling bersaing (Trade-off, Pecking Order, Market Timing, dan Agency Theory) dengan bukti empiris, serta memasukkan faktor moderasi seperti kondisi makroekonomi dan kualitas institusional. Kerangka integratif ini memberikan pemahaman yang lebih mendalam mengenai alasan perbedaan hasil empiris terhadap prediksi teori. Temuan ini memberikan kontribusi teoritis bagi literatur manajemen keuangan global serta implikasi praktis bagi para pembuat kebijakan dan manajer keuangan dalam mengoptimalkan keputusan struktur modal di tengah lanskap ekonomi yang semakin kompleks. Kata Kunci: struktur modal, ketidakkonsistenan teori, profitabilitas, ukuran perusahaan, faktor makroekonomi, model konseptual, manajemen keuangan.

In the coal industry world with intense competition, it causes competition to develop and involves the importance of the organization's monetary exhibition. Concentrating on the organization's monetary performance is vital in terms of solvency, liquidity and solvency ratios. This study expects to decide the impact of CR, DER and DAR, on ROA in coal mining companies. It is hoped that it will provide knowledge about the impact of CR, DER, and DAR on ROA. This research is in the form of quantitative descriptive with secondary data types. the population of coal area mining organizations recorded on the IDX in 2018-2021 totaled 23 companies. Samples with purposive sampling amounted to 10 mining companies in the coal sector. The data collection method uses the annual financial report data documentation method. tested by multiple linear regression analysis. CR has significant negative impact, DER has signifficant negative impact, DAR has significant positive impact on ROA in Mining Companies in the Coal Sector. The consequences of the Assurance Coefficient Investigation got 83.5% where ROA can be made sense of by the free factors CR, DER, and DAR. Furthermore, can develop this research using other independent variables considering that there are still other independent variables such as Asset Turnover, EPS, TATO and other variables that can affect ROA.

The impact of working capital management on the liquidity and profitability of select deposit money banks in Nigeria was the main focus of this work. Ex-post facto research design was adopted for the study. Taro Yamane's statistical formula was used to determine the sample size of ten out of twenty two deposit money banks in Nigeria. Purposive sampling technique was used to select the samples. Two hypotheses were formulated to guide the study and were analyzed using descriptive statistics, Pearson's correlation coefficients and Regression analysis. The findings showed that there is significant positive relationship between banks' performance and bank size; there is a significant negative relationship between profitability and cash conversion cycle and leverage; there is a significant negative relationship between liquidity and creditors' payment period and leverage; and there is a significant positive relationship between liquidity and debtors' collection period, cash conversion cycle and credit risk. It is recommended that the Central Bank of Nigeria should review the minimum capital requirement to N50 billion and banks in 'trouble' should be advised to merge or to be acquired by other mega bank(s).

DARA ALIFTA DAMAR. 2011. 8335099359. The Influence of Agency Factors, Transaction Cost Factors, and Leverage Policy to Dividend Payout Ratio. Study Program of S1 Accounting. Departement of Accounting. Faculty of Economic. Universitas Negeri Jakarta. This research presents related factors that influence to dividend payout ratio. Based on the criteria used, in this study used 14 companies, which generate 42 data. There are six factors tested in this research, which is used as independent variables, namely: Insider Ownership, Other Firm Ownership, Shareholders Dispersion, Firm Risk, Firm Growth, and Leverage Policy. This research is a replication research conducted by D. Agus Harjito and Ambang Aries Yudanto (2008) with the addition of variable leverage policy. For the overall results of this research, get the same result with this Harjito and Yudanto research although in both these studies use different data. The results showed that the only variable shareholders dispersion that influ...

Tujuan dari penelitian ini adalah untuk mengetahui pengaruh rasio likuiditas, rasio solvabilitas dan rasio rentabilitas terhadap laba perusahaan PT. Sentra Sinar Baru yang terdiri atas rasio lancar, rasio hutang (debt ratio), rasio hutang terhadap ekuitas (debt to equity ratio), margin laba kotor (gross profit margin), dan return on equity (ROE). Penelitian ini menggunakan data kuantitatif, yaitu laporan keuangan PT. Sentra Sinar Baru (SSB) tahun 2013-2016. Metode penelitian yang digunakan adalah metode dokumentasi. Dalam menganalisis data, alat analisis yang digunakan adalah software SPSS. Analisis yang dilakukan adalah Uji asumsi klasik yang terdiri atas uji normalitas dan uji multikolineritas, analisis regresi linear berganda, uji t, uji F dan Koefisien Determinasi (R2). Dari analisis yang dilakukan, didapatkan hasil bahwa Current ratio berpengaruh positif signifikan terhadap laba yang dibuktikan dengan nilai signifikansi sebesar 0,013 dimana nilai signifikansi 0,05. Gross profit...

PT.Pupuk Sriwidjaja Palembang is a company that has the main task in the production and marketing of urea fertilizer and npk fertilizer. Production estimates are needed so that companies can determine strategies and breathrought so that the production process runs optimally. This study discusses the application of data mining in predicting the production of NPK Fertilizer Formula 15-15-15 PSO at PT.Pupuk Sriwidjaja Palembang. In its application, this research uses the multiple Linear Regression Algorithm by utilizing production history data for the 2019-2020 period. If you have already mined the production history data for the 2019-2020 period, there will bi predictions in 2021 which are predicted by the rapidminer application and using a multiple linear regression algorithm, which produces a predicted value of fertilizer production in 2021 as much as 70800 tons.

This paper purposes to analyze effects of working capital management on profitability of commercial banks. Empirical data utilized to explores the association between of working capital management and profitability indicators. Based on empirical data, some major financial indicators, credit to deposit ratio, cash reserve ratio, cash and bank balance to total deposits ratio, working capital turnover ratio and liquidity ratios considered as an independent ratio and return on assets, return on equity, and net profit margin as dependent ratios were calculated. Among 20 of the commercial banks of Nepal, only seven commercial banks are taken as sample for the research work. Data were accumulated from secondary data of annual report of model bank and central bank from 2012 to 2022 by the judgmental sampling. Major financial ratios and statistical tools were utilized for the analysis. Descriptive and inferential statistical tools utilized to obtain outcome. In this study, three regression models were tested, and the ROA, ROE, and NPM models were shown to be statistically significant. In the ROA, ROE, and NPM models, respectively, 41%, 52%, and 55% of the sample variation is explained by independent variables.

This study aims to analyze the possibility of financial distress in several manufacturing companies listed on the Indonesia Stock Exchange. This research uses 3 manufacturing companies. The data used was from 2018 to 2020. The analysis technique used to predict the tendency of financial distress is the Alant's Z-score. According to the analysis that has been carried out, it was found Based on the results of Almant's Z-score analysis, it was found that PT Asiaplas Industries (APLI) had different conditions from 2018 to 2020. In 2018 APLI is predicted to experience financial distress, in 2019 APLI is in a gray area position, while in 2010 APLI shows better conditions, because they are able to escape from bankruptcy symptoms, A different thing happened to SIPD in 2018 and 2019 which was predicted to be far from bankruptcy, but in 2020 SIPD experienced a decline in financial performance and is predicted to experience bankruptcy in the near future. The same thing happened to LPIN, in 2018 the company was predicted to escape bankruptcy, but in 2019 and 2020 LPIN actually experienced a decline in the company's performance and was predicted to experience financial distress in the coming years.

The lack of studies regarding the determinants of stock price movement in the Indonesia Stock Exchange (ISX), which is an emerging stock exchange in the South East Asia region, and the pursue of generalization became the reasons of why this study. Previous research (Gupta, Chevalier, & Sayekt, 2000; Subiyantoro & Andreani, 2003), mostly focus on the external factors of the firms, instead of the internal factors. This study uses the accounting ratios as the determinants of the prices of stocks’ classified as the LQ45 in the ISX during 2002-2006. The panel-data regression model is used to test whether all of the independent variables involved in the equation could simultaneously explain the behavior of the dependent one. The developed model would be analyzed by the utilization of econometrics package, namely GRETL 1.7.4. After conducting some statistical treatments on the developed model, this study reveals that the shareholders’ ratios consisted of book value per share, dividend payo...

This research uses secondary data from annual financial report of plantation sub sector companies in Indonesia Stock Exchange. Researcher using purposive sampling in order to obtain a sample of 10 companies. The decline of crude palm oil commodity prices and world demand in 2014 to 2016 lead to decline the capability of plantation companies performance. This is apparent from the declining sales capacity, increase of operating expenses, and inventory expenses and the impact is declining financial performance such as net profit. If this is allowed continuously then the consequences are the plantation sub sector companies possibly can get into the financial distress condition. This research aims to predict the level of financial distress condition and to know the relationship significance using Return On Asset (ROA), Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), Current Liabilities to Assets Ratio (CLAR) and Debt to Equity Ratio (DER). The research population was plantation sub sector companies listed in Indonesia Stock Exchange. Data were tested using logistic regression to explain the influence between these variables. The results of this research indicate that the Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), and Debt to Equity Ratio (DER) did not significantly influence financial distress while Return On Asset (ROA), Current Liabilities to Assets Ratio (CLAR) significantly influence financial distress.

This research uses secondary data from annual financial report of plantation sub sector companies in Indonesia Stock Exchange. Researcher using purposive sampling in order to obtain a sample of 10 companies. The decline of crude palm oil commodity prices and world demand in 2014 to 2016 lead to decline the capability of plantation companies performance. This is apparent from the declining sales capacity, increase of operating expenses, and inventory expenses and the impact is declining financial performance such as net profit. If this is allowed continuously then the consequences are the plantation sub sector companies possibly can get into the financial distress condition. This research aims to predict the level of financial distress condition and to know the relationship significance using Return On Asset (ROA), Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), Current Liabilities to Assets Ratio (CLAR) and Debt to Equity Ratio (DER). The research population was plantation sub sector companies listed in Indonesia Stock Exchange. Data were tested using logistic regression to explain the influence between these variables. The results of this research indicate that the Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), and Debt to Equity Ratio (DER) did not significantly influence financial distress while Return On Asset (ROA), Current Liabilities to Assets Ratio (CLAR) significantly influence financial distress.

The decline of crude palm oil commodity prices and world demand in 2014 to 2016 lead to decline the capability of plantation companies performance. This is apparent from the declining sales capacity, increase of operating expenses, and inventory expenses and the impact is declining financial performance such as net profit. If this is allowed continuously then the consequences are the plantation sub sector companies possibly can get into the financial distress condition. This research aims to predict the level of financial distress condition and to know the relationship significance using Return On Asset (ROA), Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), Current Liabilities to Assets Ratio (CLAR) and Debt to Equity Ratio (DER). The research population was plantation sub sector companies listed in Indonesia Stock Exchange. Researcher using purposive sampling in order to obtain a sample of 10 companies. This research uses secondary data from annual financial report of plantation sub sector companies in Indonesia Stock Exchange. Data were tested using logistic regression to explain the influence between these variables. The results of this research indicate that the Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), and Debt to Equity Ratio (DER) did not significantly influence financial distress while Return On Asset (ROA), Current Liabilities to Assets Ratio (CLAR) significantly influence financial distress. Keywords: Return On Asset (ROA), Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), Current Liabilities to Assets Ratio (CLAR) dan Debt to Equity Ratio (DER) and financial distress Penelitian ini bertujuan untuk memprediksi tingkat kondisi financial distress, mengetahui hubungan signifikansi dengan menggunakan variabel Return On Asset (ROA), Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), Current Liabilities to Assets Ratio (CLAR) dan Debt to Equity Ratio (DER). Populasi dari penelitian ini adalah perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia. Peneliti menggunakan purposive sampling sehingga diperoleh sampel sebesar 10 perusahaan. Penelitian ini menggunakan data sekunder berupa laporan keuangan tahunan perusahaan sub sektor perkebunan kelapa sawit di BEI. Data diuji dengan menggunakan regresi logistic dalam menjelaskan pengaruh antar