Pengaruh Current Ratio, Debt To Equity Ratio, Debt To Asset Ratio, Dan Risk Based Capital Terhadap Profitabilitas Perusahaan Asuransi Di Bursa Efek Indonesia
DOI:
https://doi.org/10.61231/18z6ec58Keywords:
Current Ratio, Debt To Equity Ratio, Debt To Asset Ratio, ProfitabilityAbstract
This study aimed to determine the partial and simultaneous effect of the Current Ratio (CR), Debt-to-Equity Ratio (DER), Debt-to-Asset Ratio (DAR), and Risk-Based Capital (RBC) on profitability in insurance companies listed on the Indonesia Stock Exchange during the 2021-2024 period. This study employed a quantitative approach with a descriptive nature. The data collection included 18 insurance companies listed on the Indonesia Stock Exchange. The study period was 2021-2024. The sampling technique used purposive sampling, resulting in 40 observations from 10 companies over four years. Data were collected using secondary data and desk research. This study employed multiple linear regression analysis to analyze the data. The partial results showed that CR, DER, and DAR had no significant effect on profitability, while RBC had a significant effect. Simultaneously, the results showed that CR, DER, DAR, and RBC had a significant effect on profitability in insurance companies listed on the Indonesia Stock Exchange
References
Brigham, E. F., & Houston, J. F. (2021). Fundamentals of financial management (16th ed.). Cengage Learning.
Cummins, J. D., & Weiss, M. A. (2020). Firm performance in the insurance industry. Journal of Risk and Insurance.
Damodaran, A. (2020). Applied corporate finance (5th ed.). John Wiley & Sons.
Fahmi, I. (2020). Analisis laporan keuangan. Alfabeta.
Gitman, L. J., & Zutter, C. J. (2021). Principles of managerial finance (15th ed.). Pearson.
Ghozali, I. (2017). Model Persamaan Struktural Konsep Dan Aplikasi Program AMOS 24. Semarang: Badan Penerbit Universitas Diponegoro..
Ghozali, I. (2018). Aplikasi Analisis Multivariate Dengan Pogram IBM SPSS 25. Semarang: Badan Penerbit Universitas Diponegoro.
Ghozali, I. (2021). Aplikasi analisis multivariate dengan program IBM SPSS (10th ed.). Badan Penerbit Universitas Diponegoro.
Hanafi, M. M., & Halim, A. (2020). Analisis laporan keuangan (5th ed.). UPP STIM YKPN.
Harahap, S. S. (2019). Analisis kritis atas laporan keuangan. RajaGrafindo Persada.
Hery. (2020). Analisis laporan keuangan. Grasindo.
Kasmir. (2019). Analisis laporan keuangan. RajaGrafindo Persada.
Mishkin, F. S. (2021). The economics of money, banking, and financial markets (13th ed.). Pearson.
Munawir, S. (2019). Analisis laporan keuangan. Liberty.
Otoritas Jasa Keuangan. (2022). Peraturan Otoritas Jasa Keuangan tentang tingkat solvabilitas perusahaan asuransi. Otoritas Jasa Keuangan.
Rejda, G. E., & McNamara, M. J. (2020). Principles of risk management and insurance (14th ed.). Pearson.
Ross, S. A., Westerfield, R. W., & Jordan, B. D. (2021). Fundamentals of corporate finance (13th ed.). McGraw-Hill Education.
Sartono, A. (2020). Manajemen keuangan: Teori dan aplikasi. BPFE.
Sekaran, U., & Bougie, R. (2019). Research methods for business: A skill-building approach (8th ed.). John Wiley & Sons.
Subramanyam, K. R. (2019). Financial statement analysis (12th ed.). McGraw-Hill Education.
Sugiyono. (2019). Metode penelitian kuantitatif, kualitatif, dan R&D. Alfabeta.
Tandelilin, E. (2019). Portofolio dan investasi: Teori dan aplikasi. Kanisius.
Widarjono, Agus. 2017. Ekonometrika Pengantar dan Aplikasinya Disertai Panduan Eviews. Yogyakarta: UPP STIM YKPN.
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Ahmad Zulkifli
This work is licensed under a Creative Commons Attribution 4.0 International License.
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
