ANALISIS KINERJA KEUANGAN TERHADAP PERUBAHAN LABA PADA PERUSAHAAN KEUANGAN DI BURSA EFEK INDONESIA

Abstract

This research aimed to examine the effect of financial performance and profit change. The financial performance was measured by Current Asset (CR), Return on Asset Ratio (ROA), Debt to Asset Ratio (DAR), and profit change measured by profit before the tax to avoid the effect of different tax rates among the analyzed periods. The research was quantitative. Meanwhile, the research sample used the purposive sampling method, i.e., a research sample with determining criteria. The purposive sampling technique used 56 samples from 14 finance companies (banking) listed on The Indonesia Stock Exchange from 2016-to 2019. Moreover, the research analysis used multiple linear regressions with the SPSS program 25 version. The research result showed that the liquidity ratio had a positive and insignificant effect on the profit change, while the profitability ratio had a negative and significant effect on the profit change. In addition, the solvability ratio had a negative and significant effect on the profit change.