PENGARUH RASIO LIKUIDITAS, PROFITABILITAS, DAN SOLVABILITAS TERHADAP KINERJA KEUANGAN PT. WIJAYA KARYA BETON TBK PERIODE 2016-2018

Abstract

This research aims to prove whether there is an influence between liquidity, profitability and solvency on the financial performance of PT Wijaya Karya Beton Tbk. The population in this research is secondary data in the form of financial reports of PT Wijaya Karya Beton Tbk, while the research sample used is financial reports for 5 years (2017-2016). The data collection technique used is documentation by collecting data accessed from the Indonesia Stock Exchange website (www.idx.co.id). The results in this study show that partially (T test) Liquidity (X1) has no significant effect on Financial Performance (Y) with a significant value of 0.355 > 0.05 Profitability (X2) has no significant effect on Financial Performance (Y) with a significant value 0.537 > 0.05 and Solvency (X3) has no significant effect on Financial Performance (Y) with a significant value of 0.403 > 0.05. Meanwhile, simultaneously (F test) the liquidity, profitability and solvency variables on the financial performance variable show that they do not have a significant effect with a significant value of 0.304 > 0.05. The result of the determinant coefficient (2) between the independent and dependent variables of 0.942 is positive, which means that the correlation between the variables liquidity (X1), profitability (X2) and solvency (X3) with financial performance (Y) is in the same direction with a percentage value of 94.2 % while the remaining 5.8% is influenced by other factors.