International Journal of Economics, Management and Accounting
Vol. 1 No. 2 (2024): June : International Journal of Economics, Management and Accounting

The Influence of Liquidity Ratio and Solvency Ratio on Profitability Ratio of PT Apexindo Pratama Duta Tbk

Fabiola Latifah Basjah (Universitas 17 Agustus 1945 Surabaya)
Delila Pandora Harlacxienty (Universitas 17 Agustus 1945 Surabaya)
Kurnia Illa Allodya Dinara (Universitas 17 Agustus 1945 Surabaya)
Maria Yovita R Pandin (Universitas 17 Agustus 1945 Surabaya)



Article Info

Publish Date
14 Jun 2024

Abstract

This investigation was conducted to examine the impact of liquidity ratios and solvency ratios on the profitability ratio of PT Apexindo Pratama Duta Tbk. Using quantitative methods, this investigation seeks to ascertain the company's capacity to manage its liquidity and solvency aspects, it is anticipated to have a favorable effect on profitability. The results of the analysis show that although the company shows good liquidity, the high level of leverage and difficulty in generating average profits indicates challenges in managing profitability. This research recommends that companies focus more on debt management and optimizing funding structures to increase their profitability. More investigation is required to understand other elements that may influence the financial performance of these companies, as well as to identify strategic steps to increase the company's profitability in the future.

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Journal Info

Abbrev

IJEMA

Publisher

Subject

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

Description

Topics in this journal relate to any aspect of management, but are not limited to the following topics: Human Resource Management, Financial Management, Marketing Management, Public Sector Management, Operational Management, Supply Chain Management, Corporate Governance, Business Ethics, Management ...