THE EFFECT OF CURRENT RATIO, DEBT TO EQUITY, SALES GROWTH TOWARDS RETURN ON ASSET AT CONSUMER GOOD COMPANIES LISTED IN STOCK EXCHANGE

Keywords: Current Ratio, Debt To Equity Ratio, Sales Growth, Profitability

Abstract

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.

Downloads

Download data is not yet available.

References

Erlina., Rambe, O. S., & Rasdianto. (2015). Akuntansi Keuangan Daerah Berbasis Akrual. Jakarta: Salemba Empat.

Fahmi, I. (2016). Teori dan Teknik Pengambilan Keputusan. Jakarta: Raja Grafindo Persada.

Halim, A. & Supomo (2009). Akuntansi Manajemen. Yogyakarta: BPFE, 151.

Hanafi, M. & Halim, A. (2012). Analisis Laporan Keuangan. Yogyakarta: UPP STIM YKPN, 79-81.

Harahap, S. S. (2015). Analisis Kritis atas Laporan Keuangan. Jakarta: Rajawali Pers.

Hantono. (2018). Konsep Analisa Laporan Keuangan Dengan Pendekatan Rasio dan SPSS. Yogyakarta: Deepublis Publisher.

Lartey V, Antwi1 S, Boadi E. (2013). The Relationship between Liquidity and Profitability of Listed Banks in Ghana. International Journal of Business and Social Science, Vol. 4 No. 3; March 2013.

Kho, B. (2017, October 4). Pengertian Debt to Equity Ratio (DER) dan Rumus DER. Retrieved May 2019, from Ilmu Manajemen Industri: https://ilmumanajemenindustri.com/pengertian-debt-to-equity-ratio-der-dan-rumus-der/

Madushanka, K.H. I and M.Jatthurika. (2019). The Impact of Liquidity Ratios on Profitability (With special reference to Listed Manufacturing Companies in Sri Lanka). International Research Journal of Advanced Engineering and Science.

Kasmir. (2010). Pengantar Manajemen Keuangan. Bandung: PT Raja Grafindo Persada.

______. (2012). Analisis Laporan Keuangan. Jakarta: PT. Raja Grafindo Persada.

Kor, Y.Y.; Mahoney, J.T. Edith penrose’s (1959) Contributions to The Resource-Based View of Strategic Management. J. Manag. Stud. 2004, 41, 183–191.

Mueller, D.C. (1977). The Persistence of Profits Above the Norm Economica. 44, 369–380.

Rahmawati, Fitri Linda. (2009). Pengaruh Current Ratio, Inventory Turnover, dan Debt to Equity Ratio Terhadap Return on Asset (Studi pada Perusahaan Food and Beverage yang Listing di BEI Tahun 2007 – 2009). Jurnal Universitas Negeri Malang.

Suriadi, Laurensky. (2013). Pengaruh Sales Growth, Debt to Equity Ratio, dan Deviden Payout Ratio Terhadap Return on Asset. Jurnal Bisnis dan Akuntansi. Jakarta: Universitas Esa Unggul.

Tandelilin, Eduardus. 2010. Portofolio dan Investasi Teori dan Aplikasi. Edisi pertama. Yogyakarta: Kanisius, 366, 372-374.

Published
2021-01-05
How to Cite
Hantono. (2021). THE EFFECT OF CURRENT RATIO, DEBT TO EQUITY, SALES GROWTH TOWARDS RETURN ON ASSET AT CONSUMER GOOD COMPANIES LISTED IN STOCK EXCHANGE. International Journal of Engineering Science Technologies, 4(6), 60-70. https://doi.org/10.29121/ijoest.v4.i6.2020.137