Open AccessThe Effect of Financial Performance on the Profitability to Coal Mining Company Subsectors in Indonesia Stock Exchange
Author(s) -
Siti Asma Fauziyah,
Said Djamaluddin
Publication year - 2021
Publication title -
journal of social science
Language(s) - English
Resource type - Journals
ISSN - 2721-5202
DOI - 10.46799/jss.v2i5.198
Subject(s) - return on assets , profitability index , current ratio , stock exchange , return on equity , inventory turnover , working capital , business , debt ratio , panel data , debt to equity ratio , capital structure , variables , econometrics , equity (law) , debt , net income , equity ratio , finance , economics , statistics , mathematics , population , demography , sociology , nonprobability sampling , political science , law
This study aims to determine the effect of financial performance on profitability in coal companies, the period 2014-2019. This study uses a panel data regression method with a Fixed Effect Model research model approach where samples of 19 companies with populations of 26 in the Coal Sub-sector companies are obtained according to the criteria set by the author based on observations for 6 years, namely 2014-2019 using the E-views program 10 and Microsoft Excel 2016. The result shows that partially the variable Net Working Capital, Firm Size, Current Ratio, Debt to Equity Ratio, and Total Assets Turnover influence Return On Assets. The variables of Net Working Capital, Firm Size, Debt to Equity Ratio have a negative relationship, while the variables Current Ratio and Total Assets Turnover have a positive relationship. In coal mining companies listed on the Indonesia Stock Exchange in 2014-2019.