Open AccessANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI PERTUMBUHAN LABA PERUSAHAAN SEKTOR PERTAMBANGAN YANG TERDAFTAR DI BEI
Author(s) -
Nurhayati Nurhayati,
Anis Hidayati,
Elok Sri Utami
Publication year - 2020
Publication title -
bisma
Language(s) - English
Resource type - Journals
eISSN - 2623-0879
pISSN - 1978-3108
DOI - 10.19184/bisma.v14i3.16171
Subject(s) - current ratio , asset turnover , solvency ratio , debt ratio , return on assets , profit margin , profitability index , gross profit , business , operating margin , equity ratio , debt to capital ratio , econometrics , inventory turnover , profit (economics) , market liquidity , economics , debt , solvency , finance , return on equity , microeconomics
This study aims to analyze the effect of the current ratio (as a measure of the liquidity ratio), debt ratio (as a measure of the solvency ratio), total asset turnover (as a measure of activity ratio), gross profit margin, and return on assets (as a measure of the ratio. profitability) on the profit growth of mining sector companies. The sample consisted of 37 mining sector companies listed on the IDX during the 2015-2018 period taken by the purposive sampling method. The data analysis method used is multiple linear regression analysis. The study results indicate that the current ratio, debt ratio, total asset turnover, and return on assets significantly affect profit growth. Meanwhile, the gross profit margin variable does not affect profit growth. These results inform that the current ratio, debt ratio, total asset turnover, and return on assets can be used to predict the mining companies' future profit growth. Meanwhile, the gross profit margin cannot be used as a predictor of profit growth.
Keywords: current ratio, debt ratio, gross profit margin, growth of profit, return on asset, total asset turnover