International Journal of Economics Development Research (IJEDR)
Vol. 4 No. 6 (2023): International Journal of Economics Development Research (IJEDR)

Determinants of Profit Growth

Emylia Andriani (Universitas Muhammadiyah Surakarta)
Erma Setyawati (Universitas Muhammadiyah Surakarta)



Article Info

Publish Date
07 Dec 2023

Abstract

The objective of this research is to analyze the influence of Current Ratio, Current Liability to Inventory, Total Assets Turnover, Net Profit Margin, Sales Growth, and Company Size on profit growth, focusing on the consumer goods industry sector companies listed on the Indonesian Stock Exchange from 2018 to 2022. This study utilizes secondary data from a population of 30 companies within the consumer goods industry sector listed on the Indonesian Stock Exchange during the specified period. Purposive sampling technique is employed alongside the multiple linear regression analysis method. The findings indicate that, individually, Current Liability to Inventory and Net Profit Margin do not significantly affect the profit growth of the 30 companies in the consumer goods industry sector listed on the Indonesian Stock Exchange from 2018 to 2022. However, Current Ratio, Total Asset Turnover, Sales Growth, and Company Size demonstrate significant effects on the profit growth of these companies during the same period.

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Journal Info

Abbrev

ijedr

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

IJEDR focuses on economics, innovation, and investment. Dedicated to enhancing economics development a country, regional and the world in general. IJEDR invites papers on Economics field (Economic growth, Monetary and fiscal policy effect, Innovation practices, Innovation impact, Corporate finance, ...