Open AccessTHE EFFECT OF CURRENT RATIO, DEBT TO EQUITY, SALES GROWTH TOWARDS RETURN ON ASSET AT CONSUMER GOOD COMPANIES LISTED IN STOCK EXCHANGE
Author(s) -
- Hantono
Publication year - 2021
Publication title -
international journal of engineering science technologies
Language(s) - English
Resource type - Journals
ISSN - 2456-8651
DOI - 10.29121/ijoest.v4.i6.2020.137
Subject(s) - current ratio , debt to equity ratio , stock exchange , asset turnover , business , profitability index , return on equity , debt ratio , financial ratio , econometrics , variables , revenue , finance , monetary economics , return on assets , debt , economics , statistics , nonprobability sampling , population , demography , mathematics , sociology
The aim of this research is to establish and evaluate the impact of profitability on consumer goods firms listed on the stock exchange in the period from 2012 to 2016. The community included in this study, including all consumer products firms. The survey shall be considered using an analytical sampling technique for a limit of 40 firms. The details included in this analysis was supplementary data by collecting the required information from IDX, such as the 2012 – 2016 financial study. The approaches used to evaluate the interaction between the independent variable and the dependent variable are the form of double regression and the method of inference. The outcome indicates that factors – separate variables; current ratio, debt-to-equity ratio, Revenue Development have a significant simultaneous impact on profitability, whereas current ratio, working capital turnover, debt-to-equity ratio have a significant partial effect on profitability.