PENGARUH RASIO KEUANGAN TERHADAP PERUBAHAN LABA PADA PERUSAHAAN ANEKA INDUSTRI DI BURSA EFEK INDONESIA TAHUN 2016- 2020

Abstract

      This study aims to determine the effect of financial ratios on profit changes in various industrial companies on the Indonesia Stock Exchange in 2016-2020. The sample of this study is manufacturing companies in the various industrial sectors listed on the Indonesia Stock Exchange with a research period of 5 years, namely 2016-2020, and these companies do not have negative profits during the period used in the study. Based on these criteria, the sample used is 7 companies. The analytical tools used are multiple linear regression method, classical assumption test, and hypothesis testing. The test results with the coefficient of determination (R2) can be concluded that the magnitude of R2 is 0.014. This shows that the magnitude of the financial ratio to changes in profit is 0.14% and the rest is influenced by other factors. The results of this study indicate that partially there is no effect of financial ratios on profit changes, namely the Liquidity Ratio variable consisting of the Current Ratio, Quick Ratio, and Net Working Capital which has a tcount value of 1.038 < ttable value 1.66008. Solvency Ratio consisting of Debt Ratio, Debt to Equity, and Times Interest Earned which has a tcount value of 0.588 > ttable value 1.66008. Profitability ratio consists of Profit Margin (PM) Return On Assets, and Return On Equity which has a tcount value of 0.153 < ttable value 1.66008. Simultaneously the independent variables are the Liquidity Ratio which consists of the Current Ratio, Quick Ratio, and Net Working Capital, the Solvency Ratio which consists of the Debt Ratio, Debt to Equity, and Times Interest Earned, the Profitability Ratio consists of Profit Margin (PM) Return On Assets , and Return on Equity has an effect on changes in earnings with a value of Fcount 0.489 < value Ftable 2.69, with a significance level of 0.691 > 5%.