PENGARUH RASIO LIKUIDITAS, SOLVABILITAS, AKTIVITAS DAN PROFITABILITAS TERHADAP KINERJA KEUANGAN PERUSAHAAN TELEKOMUNIKASI YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE TAHUN 2016-2020

Sari

This study aims to determine the financial performance of telecommunications
companies listed on the Indonesia Stock Exchange. In this study, to analyze data for the
period 2016 to 2020 in the form of financial statements consisting of a balance sheet, which
describes the company's financial condition, an income statement that describes the
company's performance over a certain period of time, and a cash flow report that presents
information on cash inflows or outflows at the end of the year. a period. Ratio analysis is
one of the techniques used in financial statements. This analysis is prepared by combining
the figures in the income statement and balance sheet. The results of these ratios can be a
source of information for interested parties such as managers and suppliers of capital about
the value of the company.
The results of the financial ratio analysis during periods 2016-2020, the results
obtained for the best liquidity ratio and solvency ratio values are owned by PT. Tower
Bersama Infrastructure, Tbk., PT. Trikomsel Oke, Tbk., and PT. Smartfren Telecom, Tbk.
(2016-2018) and PT. Sarana Menara Nusantara, Tbk. (2019-2020). The results of the
regression analysis simultaneously that the liquidity ratio, activity ratio, solvency ratio, and
profitability ratio have a positive and significant impact on the financial performance of
telecommunications companies and partially obtained liquidity ratios, solvency ratios and
ratios activity has a positive and significant effect, while the profitability ratio has a
negative and insignificant effect on the financial performance of telecommunications
companies.