Isi Artikel Utama
Abstrak
The growth of the sharia banking industry in Indonesia has attracted the attention of both market players and regulators. Along with this growth, attention to the factors that influence the health and stability of Islamic banks has become increasingly important. One of the main indicators used to measure a bank's financial health is the capital adequacy ratio (CAR), which reflects the bank's ability to bear the risks that arise in its operations. This research aims to determine the effect of liquidity and sales growth on capital. Adequacy ratio in sharia commercial banks listed on the Indonesian stock exchange.
This research uses an associative quantitative method with data collection techniques in the form of documentation using secondary data, and processing using SPSS version 25. The data analysis techniques for this research are classical assumption testing and hypothesis testing.
The research results obtained show 1) Partial liquidity has a significant influence on the Capital Adequacy Ratio. This is proven by the t-test carried out, where the calculated t value (5.53) > t table (2.03) and a significant value of 0.000 < 0.05 are obtained. 2) Sales Growth has no significant influence on the Capital Adequacy Ratio. This is proven by the t-test carried out, where the calculated t value was obtained (-0.60) < t table (2.03) and a significant value of 0.549 > 0.05. 3) Simultaneously Liquidity and Sales Growth have a significant influence on the Capital Adequacy Ratio which has been proven from the F-Test results where the calculated f value (15.34) > f table (3.27) and a significant value of 0.00 < 0, are obtained. 05.
Kata Kunci
Liquidity
Sales Growth
Capital Adequacy Ratio
Rincian Artikel
Referensi
-
Agustina Khoeriyah, 'The Influence of Company Size, Leverage, Sales Growth and Investment Opportunity Set on Company Value', Profita: Scientific Communication and Taxation, 13.1 (2020), 96–111.
Amalia Mustika and Al Et, Introduction to Business, Angewandte Chemie International Edition, 6(11), 951–952., 2018, iii.
Angela, F. (2016). The Influence of Liquidity, Profitability and Sales Growth on Share Prices in Property Companies Listed on the Indonesian Stock Exchange in 2010-2014. Journal of the University Faculty of Economics, 17.
Aswand Hasoloan, 'The Role of Business Ethics in Business Companies', Warta Dharmawangsa, 57, 2018.
Barus, AC (2011). Profitability and liquidity analysis of the capital adequacy ratio (car) in open banking institutions on the Indonesian stock exchange. Journal of Microskill Economics, 1(1), 1-12.
Bukian, NMWP, & Sudiartha, GM (2016). The Influence of Asset Quality, Liquidity, Profitability and Operational Efficiency on Capital Adequacy Ratios. Unud Management E-Journal, 5(2), 1189-1221.
Clarensia, J., Rahayu, S., & Azizah, N. (2017). The Influence of Liquidity, Profitability, Sales Growth and Dividend Policy on Share Prices (Empirical Study of Manufacturing Companies Listed on the Indonesian Stock Exchange 2007-2010). Journal of Accounting and Finance, 1(1).
Concerned Ning Tias, U. (2017). The Influence of Liquidity (Quick Ratio) and Working Capital Turnover on Return on Assets (Doctoral dissertation, Indonesian Computer University).
Delsy Setiawati Ratu Edo and Ni Luh Putu Wiagustini, 'The Influence of Third Party Funds, Non-Performing Loans, and Capital Adequacy Ratio on Loan to Deposit Ratio and Return on Assets in the Banking Sector on the Indonesian Stock Exchange', E-Journal of Economics and Business, Udayana University , 3.11 (2014), 650–73.
Dewi, WC (2020). The Effect of Liquidity and Sales Growth on Company Value in Telecommunication Companies Listed on the Indonesian Stock Exchange in 2015-2018 (Doctoral dissertation, Medan Area University).
Dr Sugiono, Educational Research Methods, 2014.
Fatimah, S. (2013). The influence of profitability, efficiency and liquidity on the capital adequacy of sharia commercial banks. BCA Finance, 10, 42-58.
IIntannes Putri Basse and Ade Sofyan Mulazid, 'Analysis of the Influence of Asset Quality, Liquidity, Business Efficiency and Profitability on Capital Adequacy Ratios in General Sharia for the 2012-2015 Period', Al-Tijary, 2017, 109–23.
Indira Shofia Maulida, Srie Hartutie Moehaditoyo, and Mulyanto Nugroho, 'Financial Ratio Analysis to Predict Financial Distress in Manufacturing Companies Listed on the Indonesian Stock Exchange 2014-2016', Scientific Journal of Business Administration and Innovation, 2.1 (2018), 180–94.
Irham Fahmi, 'Financial Performance Analysis: A Guide for Academics, Managers and Investors to Assess and Analyze Business from Financial Aspects', 2012.
Irvan Stiawan, Tri Puji Syarifah, and Nawang Kalbuana, 'The influence of liquidity, NPF and NOM on profitability in Islamic commercial banks in Indonesia (2013–2018)', Sitra, 2.2 (2020), 96–105.
Khofifah Ayu Virnanda, 'The Influence of Liquidity, Sales Growth and Leverage on Financial Distress with Profitability as a Moderating Variable: Study of Sharia Commercial Banks Listed on the BEI 2014-2020' (Maulana Malik Ibrahim State Islamic University, 2023).
Lamtiar Elisabet Sihaloho and Siti Ragil Handayani, 'Differences in Company Financial Performance Before and After the Rights Issue (Study of Companies Listed on the Indonesian Stock Exchange (BEI) Non-Banking and Financial Institutions for the Period of 2014 and 2015)', Journal of Business Administration (JAB) | Vol, 61.3 (2018).
Orina Andre and Salma Taqwa, 'The Influence of Profitability, Liquidity, and Leverage in Predicting Financial Distress (Empirical Study of Companies in Various Industries Listed on the IDX in 2006-2010)', Accounting Research Forum, 2.1 (2014), 293–312.
Ramadhani, cr (2022). The Influence of Liquidity and Profitability on Capital Adequacy. Competitive journal of Accounting and Finance, 6(1), 1-6.
Ramadhani, d. (2018). The influence of asset quality and liquidity on the level of capital adequacy of conventional commercial banks listed on the Indonesian Stock Exchange for the 2015-2016 period (doctoral dissertation, Jakarta State University).
Rizky Natasia, 'The Influence of Credit Risk, Profitability, Liquidity and Business Efficiency on Capital Adequacy in Banks Listed on the Indonesian Stock Exchange for the 2010-2014 Period', Thesis. Department of Economics and Business. Lampung University, 2014.
Setiawan, A. (2022). Liquidity and Sales Growth on Company Value in Telecommunication Companies Listed on the Indonesian Stock Exchange (BEI). Scientific Journal of Economics and Business Students [JIMEIS], 2(6).
Siti Fatimah, 'The Influence of Profitability, Efficiency and Liquidity on the Capital Adequacy of Sharia Commercial Banks', BCA Finance, 10 (2013), 42–58.
Referensi
Agustina Khoeriyah, 'The Influence of Company Size, Leverage, Sales Growth and Investment Opportunity Set on Company Value', Profita: Scientific Communication and Taxation, 13.1 (2020), 96–111.
Amalia Mustika and Al Et, Introduction to Business, Angewandte Chemie International Edition, 6(11), 951–952., 2018, iii.
Angela, F. (2016). The Influence of Liquidity, Profitability and Sales Growth on Share Prices in Property Companies Listed on the Indonesian Stock Exchange in 2010-2014. Journal of the University Faculty of Economics, 17.
Aswand Hasoloan, 'The Role of Business Ethics in Business Companies', Warta Dharmawangsa, 57, 2018.
Barus, AC (2011). Profitability and liquidity analysis of the capital adequacy ratio (car) in open banking institutions on the Indonesian stock exchange. Journal of Microskill Economics, 1(1), 1-12.
Bukian, NMWP, & Sudiartha, GM (2016). The Influence of Asset Quality, Liquidity, Profitability and Operational Efficiency on Capital Adequacy Ratios. Unud Management E-Journal, 5(2), 1189-1221.
Clarensia, J., Rahayu, S., & Azizah, N. (2017). The Influence of Liquidity, Profitability, Sales Growth and Dividend Policy on Share Prices (Empirical Study of Manufacturing Companies Listed on the Indonesian Stock Exchange 2007-2010). Journal of Accounting and Finance, 1(1).
Concerned Ning Tias, U. (2017). The Influence of Liquidity (Quick Ratio) and Working Capital Turnover on Return on Assets (Doctoral dissertation, Indonesian Computer University).
Delsy Setiawati Ratu Edo and Ni Luh Putu Wiagustini, 'The Influence of Third Party Funds, Non-Performing Loans, and Capital Adequacy Ratio on Loan to Deposit Ratio and Return on Assets in the Banking Sector on the Indonesian Stock Exchange', E-Journal of Economics and Business, Udayana University , 3.11 (2014), 650–73.
Dewi, WC (2020). The Effect of Liquidity and Sales Growth on Company Value in Telecommunication Companies Listed on the Indonesian Stock Exchange in 2015-2018 (Doctoral dissertation, Medan Area University).
Dr Sugiono, Educational Research Methods, 2014.
Fatimah, S. (2013). The influence of profitability, efficiency and liquidity on the capital adequacy of sharia commercial banks. BCA Finance, 10, 42-58.
IIntannes Putri Basse and Ade Sofyan Mulazid, 'Analysis of the Influence of Asset Quality, Liquidity, Business Efficiency and Profitability on Capital Adequacy Ratios in General Sharia for the 2012-2015 Period', Al-Tijary, 2017, 109–23.
Indira Shofia Maulida, Srie Hartutie Moehaditoyo, and Mulyanto Nugroho, 'Financial Ratio Analysis to Predict Financial Distress in Manufacturing Companies Listed on the Indonesian Stock Exchange 2014-2016', Scientific Journal of Business Administration and Innovation, 2.1 (2018), 180–94.
Irham Fahmi, 'Financial Performance Analysis: A Guide for Academics, Managers and Investors to Assess and Analyze Business from Financial Aspects', 2012.
Irvan Stiawan, Tri Puji Syarifah, and Nawang Kalbuana, 'The influence of liquidity, NPF and NOM on profitability in Islamic commercial banks in Indonesia (2013–2018)', Sitra, 2.2 (2020), 96–105.
Khofifah Ayu Virnanda, 'The Influence of Liquidity, Sales Growth and Leverage on Financial Distress with Profitability as a Moderating Variable: Study of Sharia Commercial Banks Listed on the BEI 2014-2020' (Maulana Malik Ibrahim State Islamic University, 2023).
Lamtiar Elisabet Sihaloho and Siti Ragil Handayani, 'Differences in Company Financial Performance Before and After the Rights Issue (Study of Companies Listed on the Indonesian Stock Exchange (BEI) Non-Banking and Financial Institutions for the Period of 2014 and 2015)', Journal of Business Administration (JAB) | Vol, 61.3 (2018).
Orina Andre and Salma Taqwa, 'The Influence of Profitability, Liquidity, and Leverage in Predicting Financial Distress (Empirical Study of Companies in Various Industries Listed on the IDX in 2006-2010)', Accounting Research Forum, 2.1 (2014), 293–312.
Ramadhani, cr (2022). The Influence of Liquidity and Profitability on Capital Adequacy. Competitive journal of Accounting and Finance, 6(1), 1-6.
Ramadhani, d. (2018). The influence of asset quality and liquidity on the level of capital adequacy of conventional commercial banks listed on the Indonesian Stock Exchange for the 2015-2016 period (doctoral dissertation, Jakarta State University).
Rizky Natasia, 'The Influence of Credit Risk, Profitability, Liquidity and Business Efficiency on Capital Adequacy in Banks Listed on the Indonesian Stock Exchange for the 2010-2014 Period', Thesis. Department of Economics and Business. Lampung University, 2014.
Setiawan, A. (2022). Liquidity and Sales Growth on Company Value in Telecommunication Companies Listed on the Indonesian Stock Exchange (BEI). Scientific Journal of Economics and Business Students [JIMEIS], 2(6).
Siti Fatimah, 'The Influence of Profitability, Efficiency and Liquidity on the Capital Adequacy of Sharia Commercial Banks', BCA Finance, 10 (2013), 42–58.
Amalia Mustika and Al Et, Introduction to Business, Angewandte Chemie International Edition, 6(11), 951–952., 2018, iii.
Angela, F. (2016). The Influence of Liquidity, Profitability and Sales Growth on Share Prices in Property Companies Listed on the Indonesian Stock Exchange in 2010-2014. Journal of the University Faculty of Economics, 17.
Aswand Hasoloan, 'The Role of Business Ethics in Business Companies', Warta Dharmawangsa, 57, 2018.
Barus, AC (2011). Profitability and liquidity analysis of the capital adequacy ratio (car) in open banking institutions on the Indonesian stock exchange. Journal of Microskill Economics, 1(1), 1-12.
Bukian, NMWP, & Sudiartha, GM (2016). The Influence of Asset Quality, Liquidity, Profitability and Operational Efficiency on Capital Adequacy Ratios. Unud Management E-Journal, 5(2), 1189-1221.
Clarensia, J., Rahayu, S., & Azizah, N. (2017). The Influence of Liquidity, Profitability, Sales Growth and Dividend Policy on Share Prices (Empirical Study of Manufacturing Companies Listed on the Indonesian Stock Exchange 2007-2010). Journal of Accounting and Finance, 1(1).
Concerned Ning Tias, U. (2017). The Influence of Liquidity (Quick Ratio) and Working Capital Turnover on Return on Assets (Doctoral dissertation, Indonesian Computer University).
Delsy Setiawati Ratu Edo and Ni Luh Putu Wiagustini, 'The Influence of Third Party Funds, Non-Performing Loans, and Capital Adequacy Ratio on Loan to Deposit Ratio and Return on Assets in the Banking Sector on the Indonesian Stock Exchange', E-Journal of Economics and Business, Udayana University , 3.11 (2014), 650–73.
Dewi, WC (2020). The Effect of Liquidity and Sales Growth on Company Value in Telecommunication Companies Listed on the Indonesian Stock Exchange in 2015-2018 (Doctoral dissertation, Medan Area University).
Dr Sugiono, Educational Research Methods, 2014.
Fatimah, S. (2013). The influence of profitability, efficiency and liquidity on the capital adequacy of sharia commercial banks. BCA Finance, 10, 42-58.
IIntannes Putri Basse and Ade Sofyan Mulazid, 'Analysis of the Influence of Asset Quality, Liquidity, Business Efficiency and Profitability on Capital Adequacy Ratios in General Sharia for the 2012-2015 Period', Al-Tijary, 2017, 109–23.
Indira Shofia Maulida, Srie Hartutie Moehaditoyo, and Mulyanto Nugroho, 'Financial Ratio Analysis to Predict Financial Distress in Manufacturing Companies Listed on the Indonesian Stock Exchange 2014-2016', Scientific Journal of Business Administration and Innovation, 2.1 (2018), 180–94.
Irham Fahmi, 'Financial Performance Analysis: A Guide for Academics, Managers and Investors to Assess and Analyze Business from Financial Aspects', 2012.
Irvan Stiawan, Tri Puji Syarifah, and Nawang Kalbuana, 'The influence of liquidity, NPF and NOM on profitability in Islamic commercial banks in Indonesia (2013–2018)', Sitra, 2.2 (2020), 96–105.
Khofifah Ayu Virnanda, 'The Influence of Liquidity, Sales Growth and Leverage on Financial Distress with Profitability as a Moderating Variable: Study of Sharia Commercial Banks Listed on the BEI 2014-2020' (Maulana Malik Ibrahim State Islamic University, 2023).
Lamtiar Elisabet Sihaloho and Siti Ragil Handayani, 'Differences in Company Financial Performance Before and After the Rights Issue (Study of Companies Listed on the Indonesian Stock Exchange (BEI) Non-Banking and Financial Institutions for the Period of 2014 and 2015)', Journal of Business Administration (JAB) | Vol, 61.3 (2018).
Orina Andre and Salma Taqwa, 'The Influence of Profitability, Liquidity, and Leverage in Predicting Financial Distress (Empirical Study of Companies in Various Industries Listed on the IDX in 2006-2010)', Accounting Research Forum, 2.1 (2014), 293–312.
Ramadhani, cr (2022). The Influence of Liquidity and Profitability on Capital Adequacy. Competitive journal of Accounting and Finance, 6(1), 1-6.
Ramadhani, d. (2018). The influence of asset quality and liquidity on the level of capital adequacy of conventional commercial banks listed on the Indonesian Stock Exchange for the 2015-2016 period (doctoral dissertation, Jakarta State University).
Rizky Natasia, 'The Influence of Credit Risk, Profitability, Liquidity and Business Efficiency on Capital Adequacy in Banks Listed on the Indonesian Stock Exchange for the 2010-2014 Period', Thesis. Department of Economics and Business. Lampung University, 2014.
Setiawan, A. (2022). Liquidity and Sales Growth on Company Value in Telecommunication Companies Listed on the Indonesian Stock Exchange (BEI). Scientific Journal of Economics and Business Students [JIMEIS], 2(6).
Siti Fatimah, 'The Influence of Profitability, Efficiency and Liquidity on the Capital Adequacy of Sharia Commercial Banks', BCA Finance, 10 (2013), 42–58.