International Journal of Economics, Business and Innovation Research
Vol. 3 No. 03 (2024): May, International Journal of Economics, Business and Innovation Research (IJE

The Influence Of Financial Statement Ratio On Profit Growth (Food And Beverages Companies Listed On The IDX Period 2018 - 2022)

Carolina Ety Widjayanti (General Soedirman University Doctoral Student, Faculty of Business Economics, Jenderal Soedirman University and Computerized accounting, Yos Sudarso College of Computer Science)
Najmudin Najmudin (Universitas Jenderal Soedirman)



Article Info

Publish Date
22 May 2024

Abstract

Financial Statements are very important information in economic decision making or corporate activity. But it is necessary to know the financial statements of the company has the nature of limitations, such as historical nature, all financial statements are basically a historical document. The purpose of this research is to know the influence of ratio of financial statements to profit growth (food and beverages companies listed in period 2018 - 2022). The results of this study is Net Profit Margin (NPM), no significant effect and positive effect on profit growth. Current Ratio (CR), does not have a significant and negative effect on profit growth. Debt to Asset Ratio (DAR), no significant effect and negatively affect the profit growth. Return On Asset Ratio (ROA), no significant effect and positive effect on profit growth.

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Journal Info

Abbrev

IJEBIR

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

International Journal of Economics, Business and Innovation Research (IJEBIR) is a high quality open access peer reviewed research journal. providing a platform for the researchers, academicians, professional, practitioners and students to impart and share knowledge in the form of high quality ...