EKONOMIS : Journal of Economics and Business
Vol 5, No 2 (2021): September

Effect of Profitability (RoA) and Liquidity (CR) on Profit Growth in Companies Pharmaceutical Sector IDX

Dirjon Sitohang (Universitas Advent Indonesia)
Harlyn Siagian (Universitas Advent Indonesia)



Article Info

Publish Date
17 Sep 2021

Abstract

Profit growth is important for the sustainability of the company. At this particular time, covid-19 is a problem everywhere. So the pharmaceutical industry is being encouraged by the government to continue to build a good and more integrated structure. Profit growth can be analyzed using financial ratios. The financial ratios used in this study are liquidity, profitability, and company growth. This study used a purposive sampling technique. The research population used is pharmaceutical companies listed on the Indonesia Stock Exchange (IDX) 2015-2019 with a total sample of 9 companies. The result of this study is that profitability has a positive relationship with profit growth and also has a significant effect. On the other hand, liquidity has a negative relationship with profit growth but is not significant. Simultaneously, profitability and liquidity have a significant positive relationship to profit growth.

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Journal Info

Abbrev

ojsekonomis

Publisher

Subject

Economics, Econometrics & Finance

Description

Ekonomis: Journal of Economics and Business diterbitkan oleh Lembaga Penelitian dan Pengabdian pada Masyarakat Universitas Batanghari Jambi, Jurnal ini mencakup bidang ilmu Ekonomi Manajemen, Ekonomi Pembangunan, Akuntansi dan Bisnis. Ekonomis: Journal of Economics and Business Jurnal ini ...