PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, TOTAL ASSET TURNOVER, DAN RETURN ON ASSET TERHADAP PERTUMBUHAN LABA (STUDI EMPIRIS PADA PERUSAHAAN SUB SEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2020-2023)

Abstract

The main goal of this study is to look at how Current Ratio, Debt to Equity Ratio, Total Asset Turnover, and Return on Assets affect Profit Growth in companies traded on the Indonesia Stock Exchange (BEI) that are in the food and beverage sub-sector from 2020 to 2023. There were 95 companies in the study's group, but only 51 were chosen on purpose to be analyzed. The collected data was analyzed using SPSS version 20.0. Purposive sampling and multiple linear analysis were used to determine the results. The results of the study show that the Debt to Equity Ratio has a clear effect on profit growth, while the Current Ratio does not have a major effect. However, Total Asset Turnover doesn't have a big impact on profit growth. Return On Assets, on the other hand, does have a big impact on profit growth.