PENGARUH RASIO KEUANGAN TERHADAP KINERJA PERUSAHAAN PADA PERUSAHAAN BUMN

Abstract

This research was aimed to examine the influence financial ratio i.e. cash ratio, current ratio, ratio of owner’s equity to total assets, return on equity, return on investment, collection periods, inventory turnover and total assets turn over to the company performance which was measured through the growth income at BUMN companies which were listed in IDX within 2012-2017 periods. This research used causal comparative research. The population of this research were 17 BUMN non-banking companies, meanwhile the sample collection technique used purposive sampling method, therefore this research obtained 10 companies sample. The analysis method used multiple linear regressions analysis by software SPSS (Statistical Product and Service Solutions). The hypothesis result of this research showed that Ratio of Owner’s Equity to Total Assets, Return on Equity, Return on Investment and Collection Periods gave significant influence to the Growth Income. Meanwhile, Cash Ratio, Current Ratio, Inventory Turn Over and Total Assets Turn Over gave no significant influence to the Growth Income.

Keywords: liquidity ratio, solvability ratio, profitability ratio, activity ratio, growth income.