Pengaruh Leverage, Total Asset Turnover dan Cash Holdings Terhadap Kinerja Keuangan Sub Sektor Asuransi Yang Terdaftar di Bei Tahun 2020-2024

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Published: Nov 29, 2025
Keywords:
Cash Holdings, Financial Performance, Leverage, Total Asset turnover
Issue
Vol. 16 No. 06 (2025): December: Management Science
Section
Articles
Statistics Article
Article View : 35 Times

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Erinus Halawa
Program Studi Manajemen, Fakultas Ekonomi dan Bisnis Universitas Potensi Utama Medan
Asnahwati Asnahwati
Program Studi Manajemen, Fakultas Ekonomi dan Bisnis Universitas Potensi Utama Medan

Abstract

Financial performance reflects the economic results achieved by a company at a specific time through its activities. Therefore, companies are required to have a competitive advantage. Furthermore, companies are expected to improve their performance and generate maximum profits to ensure the company's survival and future development. This study used a population of 18 insurance companies listed on the Indonesia Stock Exchange (IDX) in 2020-2024. The sampling technique used was purposive sampling, which involves determining the sample based on specific considerations. In accordance with the criteria, this study used a sample of 11 companies that met the criteria set by the researcher during the study period of 2020-2024. Based on the partial study, leverage, total asset turnover, and cash holdings did not affect financial performance. However, simultaneously, holdings did not affect financial performance.

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How to Cite
Halawa, E., & Asnahwati, A. (2025). Pengaruh Leverage, Total Asset Turnover dan Cash Holdings Terhadap Kinerja Keuangan Sub Sektor Asuransi Yang Terdaftar di Bei Tahun 2020-2024. ProBisnis : Jurnal Manajemen, 16(06), 1737–1742. Retrieved from https://ejournal.joninstitute.org/index.php/ProBisnis/article/view/1277
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