Analysis of Liquidity, Solvency, and Activity on Profitability in Oil and Gas Sub-Sector Companies Listed on the IDX for the 2020-2023 Period
Article Sidebar
Main Article Content
Abstract
Welcoming the readiness of energy security in Indonesia, oil and gas sub-sector companies must be ready to face this situation. This readiness is seen from the financial aspect of the company. Good financial performance is seen from the profit growth which is the benchmark for a company's performance. The higher the profit achieved by the company indicates the better the company's performance. If the company's financial ratio is good, then the company's profit growth is also good. The purpose of this study is to determine the Analysis of Liquidity, Solvency, and Activity on Profitability. This research was conducted on Oil and Gas Sub-sector Companies listed on the Indonesia Stock Exchange for the 2020-2023 period. The population in this study was 47 companies, using purposive sampling a sample of 16 companies. This research method uses quantitative description. The result is that liquidity affects profitability, solvency does not affect profitability and activity does not affect profitability.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
References
Juliar, F., & Wahyudi, I. (2023). Pengaruh Rasio Likuiditas, Solvabilitas dan Profitabilitas terhadap Pertumbuhan Laba Pada Perusahaan Pertambangan. JIIP-Jurnal Ilmiah Ilmu Pendidikan, 6(8), 5643-5651.
Kementerian Energi dan Sumber Daya Mineral. (2023). Laporan kinerja Kementerian Energi dan Sumber Daya Mineral 2023. https://www.esdm.go.id/assets/media/content/content-laporan-kinerja-kementerian-esdm-tahun-2023.pdf
Mukaromah, N. F., & Futaqi, F. A. (2023). Pengaruh rasio likuiditas, solvabilitas, dan aktivitas terhadap kinerja keuangan perusahaan manufaktur. JEKPEND Jurnal Ekonomi dan Pendidikan, 6(2), 73–83.
Nurjayanti, T., & Amin, A. M. (2022). Analisis rasio profitabilitas untuk menilai kinerja keuangan PT. Wijaya Karya (Persero) Tbk. Jurnal Economix, 10(2)
Paramita. (2022). Permasalahan dan Tantangan Peningkatan Investasi di Industri Hulu Migas. Jurnal Anggaran: Isu dan Permasalahan Keuangan Negara. 2(1). Wisman. (2023). Analisis Rasio Utang terhadap Ekuitas pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia. Jurnal Ilmiah MEA. 7(2).
Pertamina. (2023). Pertamina finds 2 new oil and gas sources in West Java [News article]. https://www.pertamina.com/id/news-room/energia-news/pertamina-cepat-2-source-migas-baru-di-jawa-barat
Pertamina. (2024, January 15). Keberhasilan pengelolaan blok migas raksasa oleh Pertamina, simbol kebangkitan energi nasional [Press release]. https://www.pertamina.com/id/news-room/news-release/keberhasilan-pengelolaan-blok-migas-raksasa-oleh-pertamina-simbol-kebangkitan-energi-nasional
PT Indonesia Stock Exchange. (n.d.). Home [Website]. Indonesia Stock Exchange. https://www.idx.co.id/id
Sa'adah, L., Nurarifin, M. R., & Fitriana, N. A. (2024). Analisis rasio profitabilitas sebagai alat ukur kinerja keuangan PT Bank Central Asia. Jurnal Penelitian Manajemen dan Inovasi Riset, 2(5), 144-155. https://doi.org/10.61132/lokawati.v2i5.1188
Tyas, K. Z., Dewanty, A. R., Sechan, C., & Mukharomah, I. N. (2023). Analisis rasio aktivitas untuk menilai kinerja keuangan pada PT Adaro Minerals Indonesia Tbk yang terdaftar di Bursa Efek Indonesia (BEI). Perwira Journal of Economics & Business, 3(01), 58-68.
Wahyuni, I., Pasigai, M. A., & Adzim, F. (2019). Analisis Rasio Profitabilitas Sebagai Alat Untuk Mengukur Kinerja Keuangan Pada Pt. Biringkassi Raya Semen Tonasa Groupjl. Poros Tonasa 2 Bontoa Minasate’Ne Pangkep. Jurnal Profitability Fakultas Ekonomi Dan Bisnis, 3(1), 22-35.
Wati, T. A., Anjani, H. P., IJ, L. R., Sinaga, L. F., & Minallah, N. (2022). Manajemen keuangan dalam perusahaan. Jurnal Manajemen Dan Bisnis, 5(1), 50-55.
Yulianti, R., & Sarifah, S. N. (2023). Pengaruh Pertumbuhan Ekonomi, Jumlah Penduduk, Dan Produksi Padi Terhadap Jumlah Konsumsi Beras Di Bali. Jurnal Jendela Inovasi Daerah, 6(1), 11-22.