Liquidity, Solvency, Profitability, and Company Size Effects on Profit Growth in Mining Companies

Abstract

This research examines liquidity, solvency, profitability, and company size impacts on profit growth within mining sector entities listed on the Indonesia Stock Exchange. Utilizing quantitative methodology with a purposive sampling approach, 23 companies were selected from 97 population entities during the 2019-2023 observation period. Data sourced from www.idx.co.id underwent analysis through the SPSS version 26 application. Empirical findings reveal liquidity negatively influences profit growth, solvency demonstrates negative effects on profit growth, profitability exhibits positive impacts on profit growth, and company size shows positive effects on profit growth. These variables collectively exert significant simultaneous influences on profit growth, explaining 19% variance, with the remaining 81% attributed to unexamined factors.