PENGARUH RASIO LIKUIDITAS, AKTIVITAS, DAN SOLVABILITAS TERHADAP PROFITABILITAS PADA PERUSAHAAN TRANSPORTASI

Abstract

The purpose of this research is to find out the influence of liquidity ratio, activities, and solvability on profitability in transportation companies which listed on the Indonesia Stock Exchange (BEI) in 2012-2016. The method used to determine the sample is purposive sampling. The sample used in this research are 6 transportation companies which listed in Indonesia Stock Exchange. Data analysis technique used is multiple linear regression analysis. The result of the research shows that liquidity ratio (CR) has negative and not significant influence on profitability (ROE) because the current ratio of good transportation company means that there is decrease the profit because the profit is used to pay its short term debt. Activity ratio (TATO) has positive and significant influence on profitability (ROE) to rapid asset turnover indicates the ability of transportation companies to earn profits. Solvability ratio (DER) has negative and not significant influence on profitability (ROE) because transport companies tend to increase debt although not necessarily increase profit. It can be concluded that profitability can be influenced by liquidity, activity and solvability good for company. Transportation companies should pay more attention to financial performance to know the development of a company.
Keywords: liquidity, activity, solvability, and profitability.