z-logo
open-access-imgOpen Access
Analysis of the Effect of Current Ratio, Working Capital, Debt Ratio on the Performance of Various Industrial Companies Listed on the IDX
Author(s) -
Refni Sukmadewi
Publication year - 2021
Publication title -
husnayain business review/husnayain business review
Language(s) - English
Resource type - Journals
eISSN - 2829-8039
pISSN - 2477-1368
DOI - 10.54099/hbr.v1i1.25
Subject(s) - current ratio , multicollinearity , heteroscedasticity , econometrics , profitability index , capital adequacy ratio , working capital , nonprobability sampling , debt ratio , capital structure , statistics , economics , regression analysis , debt , business , mathematics , accounting , finance , microeconomics , profit (economics) , population , demography , sociology
The purpose of this study is to prove the effect of financial ratios Current Ratio, Working Capital Debt Ratio on the performance of various industrial companies as measured by profits variables on company performance.The object of research is the various industrial sector companies operating in Indonesia in 2017-2019. The sampling technique in this study used a purposive sampling technique, namely the selection of sampling based on certain criteria. The analysis technique used is multiple regression analysis. To determine the accuracy of the model, it is necessary to test several classical assumptions that underlie the regression model. Classical assumption tests used in this study include tests, normality, multicollinearity, heteroscedasticity and autocorrelation. The results partially show that current ratio and debt ratio has a significant effect on performance, while working capital has no significant effect on performance. Simultaneously current ratio, working capital and debt ratio have a significant effect on profitability.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.
Having issues? You can contact us here