Abstract

This study aims to examine the effect of liquidity, asset management, cash turnover and capital structure on financial performance in manufacturing companies listed on the Indonesia Stock Exchange. The research was conducted with a quantitative research approach. This type of research is descriptive research. The populations in the study as many as 159 companies and the number of samples of 85 manufacturing companies are listed on the Stock Exchange Indonesia. The variables related to this research are liquidity (current ratio), asset management (total asset turnover), cash turnover, capital structure (debt to equity ratio) and Return on Asset. The research method used is the classical assumption test method and multiple linear regression analysis. The results showed that partially liquidity (current ratio) had a significant effect on Return on Asset, Asset Management (total asset turnover) had a significant effect on Return on Asset, and Cash Turnover (debt to equity ratio) had no significant effect. Return on Asset and Capital Structure have no significant effect on Return on Asset (ROA). Simultaneously Liquidity (current ratio), Asset Management (total asset turnover), Turnover Cash (cash turnover) and Capital Structure (debt to equity ratio) affect significantly to the Financial Performance in Indonesia Listed Companies.

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