Abstract :
ANALYSIS OF EFFECT OF CURRENT RATIO, QUICK RATIO
AND GROWTH IN EARNINGS OF FINANCIAL PERFORMANCE
THE BANKING COMPANY INDONESIA GO PUBLIC IN INDONESIA
STOCK EXCHANGE
By
0813010012 / FE / AK
ABSTRACT
Assessment of financial performance is one very important factor for the
company, not least the banking company. Size to assess the financial performance
of the banks have been set by Bank Indonesia through the Decree of Bank
Indonesia No.30/11/KEP/DIR dated 30 April 1997 and the Decree of the Board of
Directors of Bank Indonesia No.30/277/KEP/DIR dated 19 March 1998 Health
assessment procedures of commercial banks. bank soundness can be judged from
several indicators. One of the main indicators are used as the basis of assessment of
the bank's financial statements. According to Circular Letter No. BI. 3/30DPNP
dated December 14, 2001, there are several indicators to look at the financial
performance of banks including through current ratio, quick ratio and earnings
growth.
Samples were selected by purposive sampling method. unit of analysis in
this study is the largest 10 companies engaged in banking and financial period by 5
years. Thus, the data examined 50 data research (10 companies x 5 years of the
study period)
The results of this study found that the significance of the F values count
more smaller than the value of ? (0.05). By testing the above then the hypothesis
can be accepted. Thus the hypothesis can be accepted simultaneously. This means
that the variable current ratio (X1), Quick ratio (X2), and Earnings Growth (X3),
together (simultaneously) influence on financial performance (Y) on the banking
companies are lised in Indonesia Indonesia Stock Exchange. Testing hypotheses
partially by t test showed that ? is smaller than the value used is the overall degree
of error of 0.05. This means that the partial variable and Earnings Growth (X3) a
significant effect on financial performance (Y) on the banking companies are lised
in Indonesia Indonesia Stock Exchange. Adjusted R-squared value is equal to
0.541. This implies that the variable current ratio (X1), Quick ratio (X2), and
Earnings Growth (X3), was able to explain changes in the level of financial
performance (Y) on the banking companies are lised in Indonesia Indonesia Stock
Exchange amounted to 0.541 or 54.1% . While the remaining 45.9% is explained
by other variables not included in this research model
Keywords : Current Ratio, Quick Ratio, profit Growth and Financial Performance