Open AccessFaktor Penentu Profitabilitas Pada Perusahaan Manufaktur Sektor Consumer Goods
Author(s) -
Olsha Fisena,
Indra Widjaja
Publication year - 2020
Publication title -
jurnal manajerial dan kewirausahaan
Language(s) - English
Resource type - Journals
ISSN - 2657-0025
DOI - 10.24912/jmk.v2i2.7906
Subject(s) - stock exchange , profitability index , current ratio , nonprobability sampling , business , debt to equity ratio , debt ratio , financial system , debt , finance , population , demography , sociology
The purpose of this study is to examine the effect of debt to total assets ratio, current ratio, efficiency, and corporate growth on profitability on manufacturing companies in the sector of consumer goods listed in Indonesia Stock Exchange in the period 2015-2018. Number of samples are 36 samples by purposive sampling method. Data were collected through Indonesia Stock Exchange official website, which are idx.co.id and idnfinancials.com. Data were processed by using Eviews10 software. The results in this study show that debt to total assets ratio has a positive significant effect on profitability (ROE). Efficiency (TATO) has a negative significant effect on profitability (ROE). While current ratio and corporate growth (asset growth) have no significant effect on profitability (ROE). The purpose of this study is to examine the effect of debt to total assets ratio, current ratio, efficiency, and corporate growth on profitability on manufacturing companies in the sector of consumer goods listed in Indonesia Stock Exchange in the period 2015-2018. Number of samples are 36 samples by purposive sampling method. Data were collected through Indonesia Stock Exchange official website, which are idx.co.id and idnfinancials.com. Data were processed by using Eviews10 software. The results in this study show that debt to total assets ratio has a positive significant effect on profitability (ROE). Efficiency (TATO) has a negative significant effect on profitability (ROE). While current ratio and corporate growth (asset growth) have no significant effect on profitability (ROE).