Analisis Pengaruh Rasio Likuiditas dan Rasio Solvabilitas dalam Mengukur Kinerja Keuangan pada PT. Wijaya Karya Beton, Tbk yang Terdaftar di Bursa Efek Indonesia Tahun 2012-2016

Abstract

This study aims to determine and analyze the influence of Ratio Liquidity (Current Ratio and Quick Ratio) and Ratio Solvency (Debt to Assets Ratio and Debt to Total Equity Ratio) to Financial Performance at PT. Wijaya Karya Beton, Tbk. Registered at Indonesia Stock Exchange (BEI). The type of this research is descriptive research. Population of this research financial report at PT. Wijaya Karya Beton, Tbk 2012-2016 in Indonesia Stock Exchange (BEI). Data analysis method used is descriptive statistics method and multiple linear regression method. The result of the research shows that simultaneously, F count ˃ F table is 51.083 ˃ 18,512 and significance value F ˂ significance value (0.012 ˂ 0,05) which means free variable (current ratio, quick ratio, debt to asset ratio and debt to total equity ratio is statistically significant to Financial Performance, whereas partially known current ratio is 0,042 ˂ 0,05 and t count> t table (17,609> 12,706) which means Current Ratio has significant effect to Financial Performance while the value of quick ratio variable significance is 0,133> 0,05 and t count < t table (-4,706 <12,706) means that Quick Ratio has no significant effect to Financial Performance, beside that the value of variable significance of Debt to Assets Ratio is 0,048 ˂ 0,05 and t count > t table (13,007> 12,706) Debt to Assets Ratio significant effect on Financial Performance and value of variable significance Debt to Total Equity Ratio 0.030 ˂ 0.05. The value of t count > t table (19,063> 12,706) concluded that the partial influence of Debt to Total Equity Ratio on financial performance is statistically significant.