RizqiAniMaghfiroh, 15.05.61.0012
Students' Journal of Economic and Management

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ANALISA PENGARUH RASIO KEUANGAN TERHADAP PERTUMBUHAN LABA PERUSAHAAN FOOD AND BEVERAGES YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2014-2017 RizqiAniMaghfiroh, 15.05.61.0012; Irsad, Moch.
Students' Journal of Economic and Management Vol 8 No 1 (2019): VOL. 8 NO. 1 APRIL 2019
Publisher : Students' Journal of Economic and Management

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Abstract

This study aims to analyze the effect of financial ratios on the profit growth of food and beverages companies listed on the Indonesia Stock Exchange for the period 2014-2017. The financial ratio in this study is represented by Total Assets Turnover Ratio, Fixed Assets Turnover Ratio, Inventory Turnover Ratio, Current Ratio, Debt to Assets Ratio, and Working Capital to Total Assets Ratio. The sampling technique used was purposive sampling which obtained a sample of 11 companies for the 2014-2017 research period. The tests used in this study were the Normality Test, Classical Assumption Test (Multicollinearity Test, Autocorrelation Test, Heterocedasticity Test), multiple linear regression, determination test, F Test and t test. The results of the study show (1) Total Assets Turnover Ratio has a significant positive effect on earnings growth, (2) Fixed Assets Turnover Ratio has a significant negative effect on earnings growth, (3) Inventory Turnover Ratio has no significant positive effect on profit growth, (4) Current Ratio not significant positive effect on profit growth, (5) Debt to Assets Ratio has a significant negative effect on earnings growth, (6) Working Capital to Total Assets Ratio has a positive and insignificant effect on earnings growth.