Journal of Research and Publication Innovation
Vol 2 No 4 (2024): OCTOBER

PENGARUH DEBT TO EQUITY RATIO, NET PROFIT MARGIN DAN TOTAL ASSET TURNOVER TERHADAP PERTUMBUHAN LABA PADA PT BUKIT ASAM TBK PERIODE 2009 – 2023

Lilis Muhlisoh (Unknown)
Arif Hidayat (Unknown)



Article Info

Publish Date
01 Oct 2024

Abstract

This study aims to determine the influence of Debt to Equity Ratio, Net Profit Margin and Total Asset Turnover on Profit Growth at PT Bukit Asam Tbk for the 2009-2023 Period. The research method used is a quantitative method using secondary data from the financial profession of PT Bukit Asam Tbk for the 2009-2023 period. In this study, the data analysis used was descriptive statistics, classical asusmsi test, multiple linear regression, hypothesis test (t test and f test) and determination coesphiciency. The results of this study prove that partially (t) Debt to Equity Ratio has no effect on Profit Growth which is shown by the t-value of 1,624 < ttable 2,201 and the significance value of 0,133 > 0.05. Net Profit Margin has a significant effect on Profit Growth which is shown by the t-value of 3,533 > ttable 2,201 and a significance value of 0,005 < 0,05. Total Asset Turnover did not have a significant effect on Profit Growth which was shown by a t-value of -2,065 < ttable 2,201 and a significance value of 0,063 > 0,05. From this study simultaneously (f) shows that Debt to Equity Ratio, Net Profit Margin and Total Asset Turnover together have a significant effect on Profit Growth at PT Bukit Asam Tbk for the 2009-2023 Period which is shown by the value of f-value > ftable (4,337 > 3,59) and strengthened with a significance value of 0,030 < 0,05. The result of the determination coefficient was 41,7%, which means that the dependent variabel can be explained by independent variabels, while the remaining 58,3% is influenced by other factors that were not tested in this study.

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Journal Info

Abbrev

JORAPI

Publisher

Subject

Computer Science & IT Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

Description

Journal of Research and Publication Innovation is a multidisciplinary and scientific research journal that publishes research papers, review papers, case reports, case studies, book reviews, theses, dissertation works, etc. Published 4 times a year, every January, April, July and ...