THE DETERMINANT FACTORS OF PUBLIC LISTED COAL MINING COMPANIES PROFITABILITY IN INDONESIA STOCK EXCHANGE

Abstract

This research will dive deep into the financial performance of coal mining companies that is being publicly listed in Indonesia and discover whether net income have correlation between the financial performance of the companies. In order to analyse the financial performance of the companies, the researcher planned to use few metrics to assess the public listed coal mining companies in Indonesia. The researcher argues that the source of increasing/decreasing net income will come from the key variables namely; currency, coal price, operating expense and debt to equity ratio. The method of this research is quantitative descriptive and which the secondary data will be obtained from 10 public listed coal mining companies in the Indonesia Stock Exchange (IDX) from the period of 2016-2020. The researcher hypothesized that the result of this study will show a significant effect from the independent variables namely: currency, coal price, operating expenses and DER to the dependent variable which is the net income.