PENGARUH DEBT TO EQUITY RATIO, QUICK RATIO, TOTAL ASSET TURNOVER DAN NET PROFIT MARGIN TERHADAP PERTUMBUHAN LABA (STUDI EMPIRIS PADA PERUSAHAAN MANUFAKTUR SUB SEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2020-2023)

Abstract

The purpose of this study is to examine how changes in the profit of manufacturing companies in the food and beverage subsector that are listed on the Indonesia Stock Exchange (IDX) between 2020 and 2023 are impacted by the following factors: net profit margin, quick ratio, total asset turnover, and capital debt to equity ratio. There were 46 companies in the selected sample out of the 95 companies that made up the study's population. Purposive sampling with multiple linear regression analysis techniques was the sample strategy employed, and SPSS version 19.0 was used for processing. The study's findings show that net profit margin has a significant impact on change in profit, total asset turnover has a significant impact on change in profit, and the debt to equity ratio and quick ratio no longer significantly affect change in profit.

Keywords: Debt to Equity Ratio, Quick Ratio, Total Asset Turnover and Net Profit Margin on Profit Changes.