Pengaruh Rasio Likuiditas Dan Solvabilitas Terhadap Kinerja Keuangan Pada Sub Sektor Tekstil Dan Garmen (Perusahaan Manufaktur yang terdaftar di BEI Periode 2017-2020)

Abstract

Increasingly competitive business competition can encourage a company to maximize all available resources to achieve its goal of maximizing profits. The profits obtained by a company can have a good impact on the company's financial performance. This study aims to determine the effect of liquidity ratios (quick ratio and current ratio) and solvency (debt to asset ratio) on financial performance. For sampling, this study used a purposive sampling technique so that the sample in this study were 15 textile and garment sub-sector companies listed on the Indonesia Stock Exchange for the 2017-2020 period. This research technique uses classical assumption test, multiple linear regression analysis, hypothesis testing and coefficient of determination test. Test analysis in this study was carried out with the help of IBM SPSS 25 for Windows. The results of the t test (partial) can be seen that liquidity (quick ratio and current ratio) has no effect on financial performance, solvency (debt to asset ratio) has a significant negative effect on financial performance. Based on the results of the F test that the ratio of liquidity and solvency simultaneously have an effect on the textile and garment sub-sector companies listed on the Indonesia Stock Exchange.