Analisis Pengaruh Likuiditas Terhadap Profitabilitas Pada Perusahaan Minyak Mentah dan Gas Bumi yang Terdaftar Di Bursa Efek Indonesia

Abstract

This study aims to analyze the effect of Liquidity (Current Ratio, Quick Ratio and Cash Ratio) on Profitability (Return On Investment) of crude oil and natural gas companies listed on the Indonesian stock exchange. The research method used is a causal research method. The data collection technique used in this study is the documentation method, namely by collecting and re-recording data from the financial statements of crude oil and gas companies listed on the Indonesian stock exchange in the 2016-2020 period which is accessed through the website www.idx.co .id and on the website of the company concerned. The sampling technique used purposive sampling technique with the number of respondents as many as 10 companies. The statistical method used is multiple linear regression analysis. The results of the study state that (1) Simultaneously Current Ratio, Quick Ratio and Cash Ratio have an influence on company profitability, (2) Partially Current Ratio is negative and has an effect on profitability, (3) Partially Quick Ratio is positive and has an effect on profitability, (4) partially the Cash Ratio is positive and has no effect on profitability.