WORKING CAPITAL EFFICIENCY, LIQUIDITY, AND SOLVENCY ON PROFITABILITY OF INDONESIAN STATE-PRIVATE BANK

Ridwan Tabe; Olha S. Niode; Jamaluddin Majid

doi:10.24252/assets.v13i1.31923

Ridwan Tabe Manado State Islamic Institute
(ID)
Olha S. Niode Manado State Islamic Institute
(ID)
Jamaluddin Majid Alauddin State Islamic University of Makassar
(ID)

DOI: https://doi.org/10.24252/assets.v13i1.31923

Kata Kunci: Working Capital, Liquidity, Solvency, Profitability

Abstrak

Banks are the largest service companies in Indonesia, based on data from the Financial Services Authority, which greatly influences market fluctuations in the services sector. The components used to determine the level of strength and capability of banking institutions include financial ratios related to profitability. This study aims to analyze the efficiency of working capital, liquidity, and solvency on the profitability of Indonesian BUMN (state-owned enterprise) banks. This study was conducted using a quantitative approach. This study employed data from all financial reports published on the website of the Indonesia Stock Exchange and the website of the research object banks. While the sample used was limited to 8 years of financial reports, from 2014 to 2021, the collected data was tested with multiple regression using SPSS v. 25. This study found that working capital efficiency and liquidity did not affect profitability, while solvency did. Furthermore, when analyzed simultaneously, operating capital efficiency, liquidity, and solvency influence profitability.

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Bank merupakan perusahaan jasa terbesar di Indonesia berdasarkan data Otoritas Jasa Keuangan yang sangat mempengaruhi fluktuasi pasar di bidang jasa. Komponen yang dijadikan sebagai pengukuran dalam menentukan tingkat kekuatan dan kemampuan lembaga perbankan diantarnya rasio keuangan yang terkait dengan profitabilitas. Tujuan penelitian ini adalah menganalisis Efisiensi Modal Kerja, Liquidity, dan Solvency terhadap Profitability Bank BUMN Indonesia. Pendekatan yang digunakan dalam penelitian ini yakni pendekatan kuantitatif. Populasi data yang digunakan yakni seluruh laporan keuangan yang dipublikasikan di website Bursa Efek Indonesia dan website bank objek penelitian. Sedangkan sampelnya adalah laporan keuangan yang dibatasi 8 tahun yakni 2014 sampai 2021. Teknik pengumpulan data dilakukan melalui laporan keuangan yang di download dari website bank objek penelitian, kemudian pengujian data dengan regresi ganda dengan menggunakan SPSS v. 25. Hasil dari penelitian ini menunjukkan bahwa efisiensi modal kerja dan liquidity tidak memberikan pengaruh terhadap profitability, sementara solvency memberikan pengaruh terhadap profitability. Kemudian bila dianalisis secara simultan efisiensi modal kerja, likuiditas dan solvency memberikan pengaruh terhadap profitability.

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