PENGARUH WORKING CAPITAL TO TOTAL ASSET, DEBT TO ASSET RATIO, TOTAL ASSET TURNOVER, DAN NET PROFIT MARGIN TERHADAP PERTUMBUHAN LABA (STUDI EMPIRIS PADA PERUSAHAAN SUB SEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2019-2023)

Abstract

This study aims to analyze the effect of Working Capital to Total Asset, Debt to Asset Ratio, Total Asset Turnover, and Net Profit Margin on Profit Changes in food beverage sub sector manufacturing companies listed on the Indonesia Stock Exchanges 2019-2023. The population in this study were 48 companies and the selected sample was 12 companies. The sampling technique used was purposive sampling with multiple using SPPS. The result of the research conducted indicate that the Working Capital to Total, debt to asset ratio and total asset turnover has no effect on growth in profit. Net Profit Margin has a significant positive effect on growth in profit.

Keywords : Working Capital to Total Asset, Debt to Asset Ratio, Net Profit Margin, Total Asset Turnover and Profit Growth.