Pengaruh Kinerja Keuangan Dan Ukuran Perusahaan Terhadap Earning Per Share Perusahaan Yang Terdaftar Pada Sub Sektor Kimia Di BEI

Abstract

This research was conducted to find out and analyze the effect of Current Ratio, Total Asset Turn Over, Debt to Equity Ratio, Return On Equity, and Company Size on Earning Per Share (EPS) chemical sub-sector companies listed on the Indonesia Stock Exchange in 2013-2018, both partially and simultaneously.

The results showed that partially, Current Ratio (X1) had a negative and insignificant influence on Earning Per Share (Y), Total Asset Turn Over (X2) had a negative and insignificant effect on Earning Per Share (Y), Debt To Equity Ratio (X3) has a negative and significant effect on Earning Per Share (Y), Return On Equity (X4) has a positive and significant effect on Earning Per Share (Y), and Company Size (X5) has a positive and insignificant effect on Earning Per Share (Y). Simultaneously, Current Ratio (X1), Total Asset Turn Over (X2), Debt To Equity Ratio (X3), Return On Equity (X4), and Company Size (X5) have a significant influence on variables. Earning Per Share (Y).

Current Ratio is influenced by the high total current assets of the company, which can be in the form of an excessively high value of inventories and accounts receivable so that the company can disrupt the working capital used to generate profits. The company must make an effective and efficient cost management effort so that if an increase in sales is made the profit generated will increase. Debt used by the company has economic consequences in the form of installment and interest obligations so as to reduce the potential profit that can be obtained by the company. The higher the value of Return On Equity, the more effective the company uses its own capital to generate and increase profits. The size of the company shows a large total assets, so it is better able to improve performance and increase profits if the company can use these assets optimally.