scholarly journals PENGARUH RASIO LIQUIDITAS, RASIO LEVERAGE DAN RASIO AKTIVITAS TERHADAP PERTUMBUHAN LABA, STUDY EMPIRIS PADA PERUSAHAAN MANUFAKTUR BARANG KONSUMSI YANG TERDAFTAR DI BURSA EFEK INDONESIA

2017 ◽  
pp. 1-14
Author(s):  
Abdonsius Sitanggang

This study aims to identify and analyze the effect of liquidity ratio (curent ratio, leverage ratio (debt ratio) and the ratio of activity (total asset turnover) of the profit growth in consumer goods manufacturing companies listed in Indonesia Stock Exchange in 2008. The formulation of the problem is: Do curent ratio, debt ratio and total asset turnover effect on profit growth in consumer goods manufacturing companies listed in Indonesia Stock Exchange? The population of this research is the consumer goods manufacturing companies listed in Indonesia Stock Exchange in 2008. The technique of sampling is a sampling technique that is easy (purposive sampling). Samples taken in this study is the income statement and balance sheet total of 32 companies manufacturing consumer goods companies listed in Indonesia Stock Exchange in 2008. Data analysis and hypothesis testing is done by using a multiple linear regression model. The results were obtained curent Ratio (CR), Debt Ratio (DR), and Total Assets Turnover (TATO) and significant positive effect on earnings growth in consumer goods manufacturing companies listed in Indonesia Stock Exchange. Partially that curent Ratio (CR) bepengaruh negative and significant profit growth; Debt Ratio (DR) and a significant negative effect on earnings growth, and Total Assets Turnover (TATO) and significant positive effect on earnings growth in consumer goods manufacturing companies listed in Indonesia Stock Exchange.

Author(s):  
Frenita Damayanti Damayanti ◽  
Lardin Korawijayanti Korawijayanti ◽  
Tutik Dwi Karyanti

<p><em>This study aims to examine the effect of current ratio, return on total assets, debt to total assets, total asset turnover, and price earning ratio in predicting profit growth both simultaneously and partially. The sample in this study were 55 manufacturing companies listed on the Indonesia Stock Exchange during 2013-2017.The collected data will be processed and then analyzed using multiple linear regression. The test is carried out using the help of the SPSS for Windows program.</em><br /><em>The results of the analysis show that the current ratio, return on total assets, debt to total assets, total asset turnover, and price earning ratio simultaneously influence in predicting earnings growth. Partially, only return on total assets and total assets turnover has a significant effect on predicting earnings growth. The value of adjusted R square is 7,7%. This means that 7,7% of profit growth can be explained by independent variable (current ratio, return on total assets, debt to total assets, total asset turnover, and price earning ratio). While the remaining (92,3%) is explained by other variables or other causes.</em></p>


2021 ◽  
Vol 1 (1) ◽  
pp. 27-37
Author(s):  
Mayang Puspitasari ◽  
◽  
Muhammad Nuur Farid Thoha ◽  

Abstract Purpose: This study aimed to ascertain the impact of debt-to-equity ratio, current ratio, quick ratio, total asset turnover, and return on assets on profit growth in basic industrial and chemical manufacturing companies listed on the Indonesian Stock Exchange from 2013 to 2017. Research Methodology: The population of this study consists of 69 firms, 52 of which passed the sample selection criterion using a purposive sampling technique. The data sources for this study are the financial statements of the companies sampled via www.idx.co.id. This study employs multiple linear regression analysis and is conducted using the SPSS software version 20. (Statistical Product and Service Solutions). Results: The results of this study indicate that ROA has an impact on profit growth, while the current ratio, quick ratio, total asset turnover, and debt to equity ratios do not.


Media Ekonomi ◽  
2021 ◽  
pp. 26
Author(s):  
Mardiana Mardiana ◽  
Camelia Verahastuti ◽  
Rosita Nur

This study aims to determine and analyze the effect of Current Ratio (CR), Total Asset Turnover (TATO), and Return On Asset (ROA) on profit growth in automotive sub-sector companies and components listed on the Indonesia Stock Exchange for the period 2014-2018. used in this study is secondary data sourced from annual performance summary data of listed companies, obtained from thewebsite official www.idx.co.id.. The results of the study partially show that thevariable Current Ratio (CR)has a negative and insignificant effect on profit growth;variable Total Asset Turnover (TATO)has a negative and insignificant effect on profit growth; while the variable Return on Assets (ROA) has a significant positive effect on profit growth. Simultaneously, it shows that the variables Current Ratio (CR), Total Asset Turnover (TATO), and Return On Asset (ROA) have a significant effect on profit growth.


2019 ◽  
Vol 2 (2) ◽  
Author(s):  
Shelly Andelline Dan Indra Widjaja

The purpose of this research is to determine the influence of working capital turnover, total asset turnover, asset growth and sales growth partially and simultaneously to the financial performance of consumer goods companies listed on the Indonesia Stock Exchange during the year 2013-2016. The populations in this research are all manufacturing companies of consumer goods industry listed in Indonesia Stock Exchange. Sampling was done by purposive sampling method. Based on the type of data and analysis, this research is quantitative research and the data source used is secondary data. Data collection method used is direct observation method. Based on multiple linear regression test, it can be concluded that working capital turnover, total asset turnover influence to financial performance while asset growth and sales growth have no influence to financial performance. Simultaneously, the four independent variables significantly influence the financial performance. Based on the coefficient of determination can be concluded that the four independent variables affect the financial performance by 92.65%.


2018 ◽  
Vol 5 (02) ◽  
pp. 166-174
Author(s):  
Rinzany Megasari AWS ◽  
Surtikanti Surtikanti ◽  
Darmansyah Darmansyah

ABSTRACT Profit growth is a ratio that indicates a company›s ability to increase net income over the previous year. The higher the profit growth ratio, the better the financial performance of an enterprise. This study aims to examine the influence of current ratio, debt to asset ratio, total asset turnover, and net profit margin on profit growth of consumer goods manufacturing sector in Indonesia Stock Exchange Year 2011-2015. The sample technique used in this research is purposive sampling. There are 21 companies used during the research. The analysis technique used in this research is panel data regression analysis using EViews 10. The sample data is tested by using hypothesis test done by using R², F test, and T test.The results of this study indicate that partially current ratio (CR), and debt to asset ratio (DER) have significant and negative effect, Total Asset Turnover (TAT) has a significant positive effect while Net Profit Margin (NPM) has no significant and positive effect on profit growth Manufacturing of industrial goods sector in Indonesia Stock Exchange Year 2011-2015. ABSTRAK Pertumbuhan laba adalah rasio yang menunjukkan kemampuan perusahaan meningkatkan laba bersih dibanding tahun sebelumnya. Semakin tinggi rasio pertumbuhan laba, semakin baik kinerja keuangan suatu perusahaan. Penelitian ini bertujuan untuk menguji pengaruh dari current ratio, debt to asset ratio, total asset turnover, dan net profit margin terhadap pertumbuhan laba perusahaan manufaktur sektor barang konsumsi di Bursa Efek Indonesia Tahun 2011-2015. Teknik sampel yang digunakan dalam penelitian ini adalah purposive sampling. Ada 21 perusahaan yang digunakan selama penelitian. Teknik analisis yang digunakan dalam penelitian ini adalah analisis regresi data panel dengan menggunakan EViews 10. Sampel data diuji dengan menggunakan uji hipotesis dilakukan dengan menggunakan R², uji F, dan uji T. Hasil penelitian ini menunjukkan bahwa secara parsial current ratio (CR), dan debt to asset ratio (DER) berpengaruh signifikan dan negatif, Total Asset Turnover (TAT) berpengaruh signifikan positif sedangkan Net Profit Margin (NPM) tidak berpengaruh signifikan dan positif terhadap pertumbuhan laba manufaktur sektor barang industri di Bursa Efek Indonesia Tahun 2011-2015. JEL Classification: M41, O43


2021 ◽  
Vol 5 (1) ◽  
pp. 75-88
Author(s):  
Widia Anggraini

Profitability is a tool used to analyze management performance, the level of profitability will describe the company's profit position. Profitability ratio is the ratio used in assessing a company's capacity to earn profits based on its normal business activities. This study aims to determine the effect of the quick ratio, total asset turnover, and debt to equity on profitability. The population of this research is manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2017-2019 period. The companies sampled in this study were 34 manufacturing companies listed on the Indonesia Stock Exchange. The sampling technique used by researchers is non probability sampling with purposive sampling technique. This study uses a quantitative approach with data processing using the SPSS 25 for windows application. The results of this study indicate that, (1) the quick ratio has a positive effect on return on equity, this is indicated by a significant value of 0.019 which means less than α = 0.05 with a coefficient value of 2.397. (2) total asset turnover has a positive effect on return on equity, this is indicated by a significant value of 0,000 which means it is smaller than α = 0.05 with a coefficient value of 2.184. (3) debt to equity has a negative effect on return on equity, this is indicated by a significant value of 0.008 which means it is smaller than α = 0.05 with a coefficient value of -2.762.


2020 ◽  
Vol 4 (1) ◽  
pp. 81-104
Author(s):  
Evi Husnah ◽  
Iwan Setiadi

This study aims to analyze the effect of Current Ratio, Total Asset Turnover, Debt to Equity and Firm Size on Profitability in Manufacturing Companies in the Consumer Goods Industry Sector in 2011-2017. The design of this study is causal associative. The population of this study includes all Manufacturing Companies of the Consumer Goods Industry Sector Listed on the Indonesia Stock Exchange during 2011-2017. Sample selection techniques using purposive sampling method and research data obtained by 20 companies. The data analysis technique is done by using Descriptive Statistical Analysis, Classic assumption test which includes normality test, autocorrelation test, heteroscedasticity test and multicollinearity test, Multiple Linear Regression Test and Model Feasibility Test which include Determination Coefficient Test, T test and F Test. The research results partially show the Current Ratio has a negative and not significant effect on Return on Assets. Total Asset Turnover and company size have a positive and significant effect on Return on Assets, and Debt to Equity Ratio has a negative and significant effect on Return on Assets. But Simultaneously it is known that CR, TATO, DER and Size have a significant effect on ROA.


2018 ◽  
Vol 5 (02) ◽  
pp. 166-174
Author(s):  
Rinzany Megasari AWS ◽  
Surtikanti Surtikanti ◽  
Darmansyah Darmansyah

ABSTRACT Profit growth is a ratio that indicates a company›s ability to increase net income over the previous year. The higher the profit growth ratio, the better the financial performance of an enterprise. This study aims to examine the influence of current ratio, debt to asset ratio, total asset turnover, and net profit margin on profit growth of consumer goods manufacturing sector in Indonesia Stock Exchange Year 2011-2015. The sample technique used in this research is purposive sampling. There are 21 companies used during the research. The analysis technique used in this research is panel data regression analysis using EViews 10. The sample data is tested by using hypothesis test done by using R², F test, and T test.The results of this study indicate that partially current ratio (CR), and debt to asset ratio (DER) have significant and negative effect, Total Asset Turnover (TAT) has a significant positive effect while Net Profit Margin (NPM) has no significant and positive effect on profit growth Manufacturing of industrial goods sector in Indonesia Stock Exchange Year 2011-2015. ABSTRAK Pertumbuhan laba adalah rasio yang menunjukkan kemampuan perusahaan meningkatkan laba bersih dibanding tahun sebelumnya. Semakin tinggi rasio pertumbuhan laba, semakin baik kinerja keuangan suatu perusahaan. Penelitian ini bertujuan untuk menguji pengaruh dari current ratio, debt to asset ratio, total asset turnover, dan net profit margin terhadap pertumbuhan laba perusahaan manufaktur sektor barang konsumsi di Bursa Efek Indonesia Tahun 2011-2015. Teknik sampel yang digunakan dalam penelitian ini adalah purposive sampling. Ada 21 perusahaan yang digunakan selama penelitian. Teknik analisis yang digunakan dalam penelitian ini adalah analisis regresi data panel dengan menggunakan EViews 10. Sampel data diuji dengan menggunakan uji hipotesis dilakukan dengan menggunakan R², uji F, dan uji T. Hasil penelitian ini menunjukkan bahwa secara parsial current ratio (CR), dan debt to asset ratio (DER) berpengaruh signifikan dan negatif, Total Asset Turnover (TAT) berpengaruh signifikan positif sedangkan Net Profit Margin (NPM) tidak berpengaruh signifikan dan positif terhadap pertumbuhan laba manufaktur sektor barang industri di Bursa Efek Indonesia Tahun 2011-2015. JEL Classification: M41, O43


2019 ◽  
Vol 8 (6) ◽  
pp. 3930
Author(s):  
Septia Wulandari Suarka ◽  
Ni Luh Putu Wiagustini

The purpose of this study is to analyze the significance of the influence of inflation, ROE, DER, and EPS on stock prices. This research was conducted at Concern Goods Companies that are listed on the Indonesia Stock Exchange (IDX) for the 2015-2017 period. The number of samples of this study were 31 companies. Data collection is done by the method of non-participant observation. Based on the results of the analysis found that inflation, ROE. DER, and EPS simultaneously have a significant effect on stock prices. Partially Inflation and DER have no significant effect on stock prices, this indicates that investors do not see Inflation and DER as a decision to buy shares. While partially ROE and EPS have a significant positive effect on stock prices, this shows that investors pay attention to ROE and EPS in deciding to invest. The higher the ROE and EPS, the higher the investor's interest in investing in the company's capital, so that the share price will go up. Keywords: Inflation, ROE, DER, EPS, stock price    


KEBERLANJUTAN ◽  
2019 ◽  
Vol 4 (1) ◽  
pp. 970
Author(s):  
Herlambang Herlambang

The mean of this research is examine  influence  debt ratio, dividend payout ratio variable, return on equity variable, earnings growth, size, and operating cash flow on price earning ratio (PER) in finance and manufacturing companies in Indonesia Stock Exchange in the period of year 2009 to 2012. The population in this study is the company in the sector manufacturing listed on the Indonesia Stock Exchange period of year 2009 to 2012. Samples were taken by purposive sampling and obtained 45 companies in the manufacturing sector as sample. Linear Regression Analysis with Simultaneous Significance Test (F statistic Test) and Individual Parameter Significance Test (Test Statistic t) is an analytical technique used in this study. The results showed that the independent variables of the debt ratio variable, size together significantly influence the price earnings ratio (PER) in the financial sector companies in the BEI and the independent variables of the dividend payout ratio and earnings growth together significantly influence  price earnings ratio (PER) at manufacturing companies listed on BEI. These results support data obtained from the World Bank regarding Indonesia's economic growth in 2012 on the production side, manufacturing performance is quite strong. This increase was achieved by the relatively large performance  domestic sectors such as those in processed foodstuffs, processed various beverages and processed various tobacco products (increasing 10.4% year on year) as well as fertilizer yields, yields from chemicals and rubber products (increased by 15.4% from year to year).


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