DETERMINANTS OF PROFITABILITY IN ENERGY SECTOR COMPANIES LISTED ON IDX

Wisnu Yuwono; Ricko Marthin; Dewi Khornida Marheni

doi:10.29303/distribusi.v12i1.439

Penulis

Wisnu Yuwono Universitas Internasional Batam
Ricko Marthin Universitas Internasional Batam
Dewi Khornida Marheni Universitas Internasional Batam

DOI:

https://doi.org/10.29303/distribusi.v12i1.439

Kata Kunci:

Indeks Energi, IDX, Liquidity, Profitability

Abstrak

Penelitian ini bertujuan untuk mengetahui pengaruh liquidity, firm size, working capital, efficiency, leverage dan sales growth terhadap profitability dikarenakan ada fluktuasi performa perusahaan pada indeks energi yang terdaftar di IDX. Sampel yang digunakan dalam penelitian ini sebanyak 240 laporan keuangan perusahaan yang terdaftar pada indeks energi. Pada penelitian ini menggunakan beberapa indikator untuk diukur seperti variabel independen yang digunakan yaitu current asset, total sales, net working capital, working capital turnover, debt to equity ratio dan sales growth. Sedangkan variabel dependen yang digunakan yaitu return on asset. Dalam pengumpulan data diperoleh dari website resmi IDX serta teknik sampling yang digunakan yaitu purposive sampling. Dalam mengolah data sampel, penelitian ini menggunakan program eviews 12 dan metode yang digunakan yaitu metode regresi linear berganda. Selain itu untuk mendapatkan uji statistik, penelitian ini menggunakan program SPSS 25. Berdasarkan hasil dapat disimpulkan bahwa liquidity, leverage dan sales growth tidak memiliki pengaruh signifikan terhadap profitability, sedangkan firm size dan efficiency berpengaruh positif signifikan terhadap profitability. Berbeda dengan working capital yang berpengaruh negarif signifikan terhadap profitability.

Unduhan

Data unduhan belum tersedia.

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