ANALISIS MODAL KERJA DAN RENTABILITAS PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) SUB SEKTOR KIMIA

Dwita Vienanda Putri 1 Elfreda Aplonia Lau 2 , Ivana Nina Esterlin Barus 3

Abstract


This study was conducted to determine whether changes in working capital will be followed by changes in profitability, in the sense that if there is an increase in working capital whether it will be followed by an increase in profitability and vice versa if there is a decrease in working capital is followed by a decrease in profitability.

The analysis used in this study is an analysis of the research variables, namely working capital and profitability projected with return on euqity (ROE), a comparative analysis of working capital and profitability to see the increase or decrease that occurs.

Based on the results of the analysis it is known that there was a decrease in working capital followed by a decrease in profitability in 2011-2012. Then, there is an increase in working capital followed by increases in profitability in 2012-2013. Furthermore, there was a decline in working capital followed by a decrease in profitability in 2013-2014 and in 2014-2015, as well as an increase in working capital followed by increases in profitability in 2016-2017. The difference occurs in the 2015-2016 observation year, where there is an increase in working capital followed by a decrease in profitability.


Keywords


Working Capital, Rentability, Return On Equity

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References


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