Pengaruh Likuiditas dan Solvabilitas Terhadap Profitabilitas pada Perusahaan Asuransi Syariah yang Terdaftar di OJK Tahun 2017-2020

Abstract

Every syari'ah insurance company has goals to be achieved, one of which is to get maximum profit. To measure the profit level of a company can use the profitability ratio. Profitability ratios in companies need to also pay attention to other ratios that might affect businesses in achieving targeted profits, in this study the ratios used are the liquidity ratio and solvency ratio. The results showed that partially liquidity as measured by the Current Ratio has a negative and significant effect on profitability as measured by Return On Assets with a significance level of 0.0055 <0.05. Solvability as measured by the Debt to Asset Ratio has a negative and significant effect on profitability as measured by Return On Assets with a significance level of 0.0002 <0.05. Simultaneously liquidity and solvency have a significant effect on profitability together with a significance level of 0.000029 <0.05. The R2 value is 0.770904, meaning that 77% of profitability is influenced by liquidity and solvency, and the remaining 23% is influenced by other variables not examined in this study.