Current Ratio, Debt to Equity Ratio, Total Assets Turnover, dan Return on Assets Terhadap Pertumbuhan Laba: Studi Empiris pada Perusahaan Manufaktur Sub Sektor Otomotif dan Komponennya Periode 2016-2020
Keywords:
Current Ratio; Debt to Equity Ratio; Total Assets Turnover; Return On Assets; Profit GrowthAbstract
This study aims to determine the effect of current ratio, debt to equity ratio, total asset turnover, return on assets on profit growth. This type of research is descriptive quantitative research. The population of this research is a manufacturing company in the automotive and components sub-sector for the 2016-2020 period. The sample was taken using purposive sampling technique. The sample consisted of 12 companies from 13 companies. Multiple linear regression analysis method with IBM SPSS 25.0 analysis tool. From the results of data processing, it is concluded that current ratio, return on assets have no significant effect on profit growth, while debt to equity ratio, total asset turnover have a significant effect on profit growth.