Jurnal Alwatzikhoebillah : Kajian Islam, Pendidikan, Ekonomi, Humaniora
Vol. 12 No. 2 (2026): Jurnal Alwatzikhoebillah : Kajian Islam, Pendidikan, Ekonomi, Humaniora

Dinamika Pertumbuhan Laba pada Perusahaan Ritel: Pengaruh Likuiditas, Pemanfaatan Aset, dan Profitabilitas

Viana Putri (Universitas Pancasakti Tegal)
Gunistiyo (Universitas Pancasakti Tegal)
Niken Wahyu Cahyaningtyas (Universitas Pancasakti Tegal)



Article Info

Publish Date
15 Sep 2026

Abstract

This study analyses the influence of liquidity, activity, and profitability on profit growth in retail sector firms listed on the Indonesia Stock Exchange from 2020 to 2024. Liquidity is indicated by the current ratio, corporate activity is assessed through total asset turnover, and profitability is indicated by net profit margin and return on assets. This study employs a quantitative methodology by leveraging secondary data derived from annual financial reports, which are analysed by multiple linear regression utilising SPSS software version 25. The analysis results indicate that the current ratio, total asset turnover, and return on assets greatly influence profit growth, however the net profit margin does not exhibit a statistically significant effect. Concurrent testing verifies that all independent variables collectively affect profit growth. These results emphasize the importance of maintaining optimal liquidity levels, improving asset utilization efficiency, and managing asset performance effectively to support sustainable profit growth in retail companies.

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Journal Info

Abbrev

ALWATZIKHOEBILLAH

Publisher

Subject

Religion Humanities Economics, Econometrics & Finance Education Social Sciences

Description

The scopes of this journal are Economics and Business, Islamic Economics, Islamic History and Civilization, Islamic Dakwah, Study of The Koran And Tafseer, Education, Islamic Education, Islamic Philosophy, Islamic Law, and Social ...