PENGARUH CASH RATIO, DEBT TO ASSET RATIO, DEBT TO EQUITY RATIO DAN TOTAL ASSETS TURNOVER TERHADAP PERTUMBUHAN LABA PADA PERUSAHAAN INDUSTRI BARANG KONSUMSI YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE TAHUN 2018-2020

Abstract

This study is to examine the effect of Cash Ratio, Debt to Asset Ratio, Debt to Equity Ratio and Total Asset Turnover on Profit Growth in Consumer Goods Industrial Companies listed on the IDX for the 20178-2020 period. Independent variables (X), namely: Cash Ratio, Debt to Asset Ratio, Debt to Equity Ratio and Total Asset Turnover (Y): Profit Growth. The sample using purposive sampling, obtained 53 companies. Multiple linear regression data analysis. The results, partially, Cash Ratio and Debt to Asset Ratio have no effect on profit growth, while Debt to Equity Ratio and Total Asset Turnover have an effect on profit growth. Cash Ratio, Debt to Asset Ratio, Debt to Equity Ratio, and Total Asset Turnover have a significant and significant effect on Profit Growth. The R2 value of 0,723 means 72,3%.This means that 72,3% of the influence of the variables Cash Ratio, Debt to Asset Ratio, Debt to Equity and Total Assets Turnover and profit growth of the Consumer Goods Industry listed on the IDX for the 2018-2020 period, the remaining 27,7% is influenced by other factors not examined in this study. this research.