Forum Ekonomi : Jurnal Ekonomi, Manajemen dan Akuntansi
Vol. 26 No. 2 (2024): April

The Effect of Current Ratio, Total Asset Turnover and Return on Asset on Profit Growth in Manufacturing Companies Listed on the Indonesia Stock Exchange

Handayani, Ridho Noor (Unknown)
Lahaya, Ibnu Abni (Unknown)



Article Info

Publish Date
25 Apr 2024

Abstract

This study aims to determine the effect of Current Ratio (CR), Total Asset Turnover (TATO), and Return On Asset (ROA) on profit growth in manufacturing companies listed on the IDX. Prediction of profit growth is very important for investors in making investment decisions. The sample used in this study were 84 manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2016-2018 period, in order to obtain 252 company data. The data analysis technique used multiple linear regression analysis. Data processing used the Statistical Package for Social Science version 23 (SPSS 23) program. The results of this study indicate that the variable Current Ratio (CR) has a negative and significant effect on the profit growth of manufacturing companies, Total Asset Turnover (TATO) and Return On Asset (ROA) have a negative and insignificant effect on the profit growth of manufacturing companies

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Journal Info

Abbrev

FORUMEKONOMI

Publisher

Subject

Economics, Econometrics & Finance Other

Description

FORUM EKONOMI: Jurnal Ekonomi, Manajemen dan Akuntansiis a scientific journal in the field of economics and management published twice a year (in January & ...