Article Per Year (5 Year)
p-Index From 2020 - 2025
0.444
P-Index
This Author published in this journals
All Journal International Journal of Management, Economic and Accounting
Adella Viona
Unknown Affiliation
Economics, Econometrics & Finance

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
The Influence of Financial Ratios on Net Profit Growth in Manufacturing Companies in the Basic and Chemical Industry Sub-Sectors Listed on the Indonesia Stock Exchange Adella Viona; Maya Syaula; Noni Ardian
International Journal of Management, Economic and Accounting Vol. 2 No. 2 (2024): December 2024
Publisher : Yayasan Multidimensi Kreatif

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61306/ijmea.v2i2.291

Abstract

This study aimed to analyze the influence of the current ratio, debt-to-equity ratio, return on assets, total asset turnover, and price-to-book value on net profit growth among manufacturing companies within the basic and chemical sectors listed on the Indonesia Stock Exchange. Data for the research, spanning the years 2017 to 2023, was sourced from www.idx.co.id, and the study was carried out in 2024. From a population of 61 companies, a sample of 38 was selected. Quantitative data analysis was performed using Eviews 9, employing a panel data regression approach. Findings indicated that, individually, only the return on assets had a positive and statistically significant impact on net profit growth, while the current ratio, debt-to-equity ratio, total asset turnover, and price-to-book value showed no significant partial effect on net profit growth. However, collectively, these variables (current ratio, debt-to-equity ratio, return on assets, total asset turnover, and price-to-book value) significantly and positively affected net profit growth in the targeted manufacturing companies. Together, these variables contributed 26.05% to net profit growth, demonstrating a fairly strong correlation with the dependent variable.
Effect of Financial Ratios on Net Profit Growth in Manufacturing Companies in the Basic and Chemical Industry Subsectors Listed on the Indonesia Stock Exchange Adella Viona; Maya Syaula; Noni Ardian
International Journal of Management, Economic and Accounting Vol. 3 No. 1 (2025): February 2025
Publisher : Yayasan Multidimensi Kreatif

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study was conducted to find out how the influence of current ratio, debt to equity ratio, return on assets, total assets turnover and price to book value on net profit growth in manufacturing companies in the basic and chemical industry sectors listed on the Indonesia Stock Exchange. Data is taken from www.idx.co.id. Data used from 2017-2023. The research was conducted in 2024. The population in this study is 61 companies with a sample of 38 companies. This study uses quantitative data processed with the Eviews 9 application using the panel data regression method. The test results gave the conclusion that only the return on assets variable partially had a positive and significant effect on net profit growth, while the current ratio. debt to equity ratio, total assets turnover and price to book value partially did not have a significant effect on net profit growth. Simultaneously, the current ratio, debt to equity ratio, return on assets, total assets turnover and price to book value have a positive and significant effect on the growth of net profit of manufacturing companies in the basic and chemical industry sectors. The contribution given by the variables of current ratio, debt to equity ratio, return on assets, total asset turnover and price to book value to net profit growth was 26.05%, while the level of tightness of the variables current ratio, debt to equity ratio, return on assets, total assets turnover, and the price to book value to net profit growth is quite tight or strong enough.
Co-Authors Maya Syaula Noni Ardian