Journal of Applied Islamic Economics and Finance
Vol 3 No 3 (2023): Journal of Applied Islamic Economics and Finance (June 2023)

Analisis Rasio Likuiditas Terhadap Profitabilitas Pada Perusahaan-Perusahaan Yang Terdaftar di Jakarta Islamic Index Periode 2017-2022

Salsabila Eka Sutrisna (Department of Accounting, Politeknik Negeri Bandung, Bandung, Indonesia)
Djoni Djatnika (Department of Accounting, Politeknik Negeri Bandung, Bandung, Indonesia)
Setiawan (Department of Accounting, Politeknik Negeri Bandung, Bandung, Indonesia)



Article Info

Publish Date
30 Jun 2023

Abstract

Based on the data obtained that there is a difference in fluctuations between the average amount of revenue and net profit of companies listed on the Jakarta Islamic Index. When observed from a capital perspective, the average yield shows that the company chooses to fund its operations with a larger proportion of capital than liabilities. This study aims to analyze how far the influence of the liquidity ratio on profitability in companies listed on the Jakarta Islamic Index. The results of the study show that the current ratio, cash ratio, quick ratio and working capital to total assets do not affect return on assets simultaneously. The current ratio has no effect on return on assets partially. Cash ratio has no effect on return on assets partially. Quick ratio has no partial effect on return on assets Working Capital to Total Asset has no partial effect on return on assets Keywords: Current Ratio, Cash Ratio, Quick Ratio, Working Capital to Total Aset Ratio, Return on Aset

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Journal Info

Abbrev

jaief

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Journal of Applied Islamic Economics and Finance is a journal published by the Accounting Department of Politeknik Negeri Bandung, Indonesia. JAIEF (e-ISSN: 2746-6213) is published thrice a year (October, February, and June). As the name implies, this journal brings two major themes, namely Islamic ...