Open AccessPengaruh Current Ratio, Debt to Equity Ratio, Firm Size Terhadap Net Profit Margin Pada Perusahaan Perdagangan Besar Produksi yang Terdaftar di Bursa Efek Indonesia
Author(s) -
Hantono Hantono
Publication year - 2020
Publication title -
statera
Language(s) - English
Resource type - Journals
eISSN - 2656-9426
pISSN - 2656-9418
DOI - 10.33510/statera.2020.2.1.31-44
Subject(s) - debt to equity ratio , current ratio , profit margin , stock exchange , business , net profit , net interest margin , equity ratio , profit (economics) , monetary economics , return on equity , population , econometrics , nonprobability sampling , finance , economics , return on assets , microeconomics , demography , sociology
This study aims to prove and analyze the effect of the current ratio, debt to equity ratio and firm size on the net profit margin of the large production trading companies listed on the Indonesia Stock Exchange in 2014-2018. The population in this study were 37 large production trading companies listed on the Indonesia Stock Exchange in 2014-2018. Of the 37 listed companies, 17 were selected as sample companies using purposive sampling. The results of the discussion show that simultaneously the results of tests conducted simultaneously Current Ratio, Debt to Equity Ratio and Firm Size affect the Net Profit Margin in large production large trading companies listed on the Indonesia Stock Exchange in 2014-2018. From the results of tests conducted partially the effect of the current ratio on the net profit margin, debt to equity ratio has a significant effect on the net profit margin, firm size does not affect the net profit margin on large production large trading companies listed on the Indonesia Stock Exchange in 2014 -2018 and While the coefficient of determination adjusted (R square) of 22.9%. This means that 22.9% of the effect of net profit margin can be explained by variations of the three independent variables namely the current ratio, debt to equity ratio and firm size. While the remaining 77.1% is explained by other variables not examined in this study.