PENGARUH RASIO KEUANGAN TERHADAP PERTUMBUHAN LABA PADA PERUSAHAAN LEMBAGA PEMBIAYAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2019-2023

Abstract

ABSTRACT

The Influence of Financial Ratio on Profit Growth In Financing Institution Companies Listed on The Indonesian Stock Exchange (BEI) Period 2019-2023. supervised by Pieter Leunupun, SE, MM, CEA., CFR and Nicoline Hiariej, SE., M.Si. This research is quantitative descriptive research which aims to see the influence of Financial Ratios on Profit Growth. This research was conducted on Financial Sector Companies in the Financing Institutions subsector listed on (BEI) in 2019-2023. The data collection technique uses the Purposive Sampling method. The population and sample in this research are companies in the financing institutions sub-sector which have certain criteria with the number of samples used being 70 samples from 14 companies in the financing institutions sub-sector listed on the Indonesia Stock Exchange. The research results show that the variables Current Ratio (X1) and Total Asset turnover (X4) have a negative but significant effect on profit growth, where the results of hypothesis testing show that the Current Ratio (X1) has a calculated t value of -1,541 and Total Asset turnover (X4) has a calculated t value of -0.042, while the Debt to Equity Ratio (X2) and Net Profit Margin (X4) have a positive effect on Profit Growth (Y). Overall, the influence of CR, DER, NPM, and TAT has an influence of 40.8%, while the remainder (100% - 56.7% = 43.3%) is explained by other variables.

Keywords: Profit Growth, Financial Ratios, Financing Institutions.