THE EFFECT OF FINANCIAL RATIOS ON THE GROWTH OF FINANCIAL TECHNOLOGY COMPANIES REGISTERED ON OJK IN THE PERIOD OF 2019 TO 2020
Keywords:
Current ratio; debt to equity ratio; total asset turnover; earning power; firm growthAbstract
The Effect of Financial Ratios on the Growth of Financial Technology Companies Registered on OJK in the period of 2019 to 2020. Digital financial innovation is considered able to become a new driver of the economy, so that the government through the Financial Services Authority (OJK) then pays more attention to companies engaged in Financial Technology. As of June 2021, there are 125 Financial Technology companies that have registered on OJK. This research aims to find out the influence of company performance through financial ratios, which are current ratio, debt to equity ratio, total asset turnover, and earning
power on the growth of Financial Technology companies registered on OJK in the period of 2019 to 2020. The growth of the company is seen from the changes in the total assets of the company, because changes in the company's assets can
indicate that a company is growing or not, so it is expected to become easier for investors to take investment decisions in the future.
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