PENGARUH RASIO LIKUIDITAS, SOLVABILITAS, AKTIVITAS, PROFITABILITAS DAN RASIO PASAR TERHADAP PERUBAHAN LABA (Studi Kasus Perusahaan Sektor Telekomunikasi Terdaftar di Bursa Efek Indonesia)

Abstract

Abstract: One of information about financial performance is the earning. The earning
can show the positive signal about the prospect of a company in the future. The
earning can increase or decrease for every year or every period. The aim of this
research is to analyze the influence of financial ratio to earning changes in companies
of telecommunication sector in Bursa Efek Indonesia. Population in this research were
companies which listed on the BEI in the period 2010-2011, totally 6 companies and
samples are 4 companies. There are 5 independent variables, those are Current Ratio
(CR) as liquidity ratio, Debt Ratio (DR) as solvability ratio, Total Asset Turn Over
(TATO) as activity ratio, Return on Equity (ROE) as profitability ratio and Price
Earning Ratio (PER) as market ratio.The results of this research indicate that CR, DR,
TATO, ROE and PER influence simultaneously to earning changes. Based on model-
2, partially CR has a positive significant influence, TATO has a negative significant
influence, ROE has a positive significant influence, and PER has a negative significant
influence. DR has no the significant influence to earning changes. The most significant
influence comes from ROE (profitability ratio).
Keywords: Earning Changes, Current Ratio, Total Asset Turn Over, Return on
Equity, Price Earning Ratio