Al-Kharaj: Journal of Islamic Economic and Business
Vol 5, No 3 (2023)

Analysis Of The Effect Of Financial Ratios On Financial Performance In Food And Baverage Companies Listed On The Indonesian Stock Exchange In 2017-2021

Rina Rohmantiana (Universitas Muhammadiyah Surakarta)
Moechammad Nasir (Universitas Muhammadiyah Surakarta)



Article Info

Publish Date
01 Oct 2023

Abstract

Food and Baverage companies are one of the manufacturing industry companies, which have a role in economic growth in Indonesia. The purpose of this study was to analyse the effect of financial ratios on financial performance in food and baverage companies listed on the Indonesian stock exchange in 2017-2021. this research uses quantitative descriptive research, sampling technique with purposive sampling. liquidity ratio has a negative and insignificant effect on financial performance. Profitability ratio has a negative and insignificant effect on financial performance. Solvency ratio has a positive and insignificant effect on financial performance. Activity ratio has a negative and insignificant effect on financial performance. Liquidity, profitability, solvency and activity ratios together have a positive and significant effect on financial performance.

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Journal Info

Abbrev

alkharaj

Publisher

Subject

Economics, Econometrics & Finance

Description

Al-Kharaj, Journal of Islamic Economic and Business is peer-reviewed journal published by program studi ekonomi syariah , Institut Agama Islam Negeri (IAIN) Palopo. Al-Kharaj focus on the research of Islamic Economic and Business. The aims of this journal is to explore and develop economic related ...