Journal of Applied Business and Technology
Vol. 1 No. 2 (2020): Journal of Applied Business and Technology

Effect of CR, DER, and TATO on Profit Growth in Pharmaceutical Companies Listed on IDX

Harry Patuan Panjaitan (Institut Bisnis dan Teknologi Pelita Indonesia)
Daud Alfinas (Institut Bisnis dan Teknologi Pelita Indonesia)

Article Info

Publish Date
31 May 2020

Abstract

This study aims to determine the influence of Current Ratio, Debt to Equity Ratio, and Total Assets Turnover on Profit Growth in pharmaceutical sub-sector manufacturing companies which were listed on Indonesia Stock Exchange in 2014-2018. The sample consisted of 9 pharmaceutical companies which were obtained using purposive sampling method. This study used multiple linear regression analysis and SmartPLS 3. The results showed that Current Ratio and Debt to Equity Ratio do not have significant influence on Profit Growth. Meanwhile, Total Assets Turnover has a significantly negative influence on Profit Growth.

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Journal Info
Journal of Applied Business and Technology
Website

Abbrev

JABT

Publisher

INSTITUT BISNIS DAN TEKNOLOGI PELITA INDONESIA

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

JABT (Journal of Applied Business and Technology) is a media for exploration and discussion about Business Management and Technological problems arised in the society. It includes scientific articles in the form of research results, theory application, analytical studies, and literature studies on ...