Analysis of Profit Growth of Manufacturing Companies Listed on the Indonesia Stock Exchange (IDX) for 2013-2017 Period

Holly Abas, Freddy S Kawatu, Cecilia Lelly Kewo

Abstract


This study aims to determine the effect of Liquidity, Leverage, Activity, and Profitability Levels on profit growth in manufacturing companies listed on the Indonesia Stock Exchange in 2013-2017. This research applied causal associative research (causal research). The data used are manufacturing company financial statements from the Indonesia Stock Exchange publications on www.idx.co.id. The data are analysed by conducting quantitative analysis figured with numbers. The results showed that the level of Liquidity measured by a quick ratio (QR) of 0.151, with an error probability of 0.015 implied a positive and significant effect on profit growth. The level of Leverage as measured by Debt to Equity Ratio (DER) of -1.029, with an error probability of 0.005, indicated a negative and significant effect on profit growth. The level of Activity measured by Inventory Turnover (ITO) of 0.288, with error probability of 0.113, suggested a positive and insignificant effect on profit growth. The level of Profitability as measured by Return on Equity (ROE) of 0.569, with error probability of 0.033, implied a positive and significant effect on profit growth, levels of liquidity, leverage, activity, profitability. In addition, as measured by a simultan test (F) of 0.451, with error probability of 0.002, the level of Liquidity, Leverage, Activity, Profitability simultaneously show a significant effect on profit growth.

Keywords


Indonesia Stock Exchange (IDX), Manufacturing Companies, Profit Growth

Full Text:

PDF

References


Amalina, N., & Sabeni, A. (2014). Analisis Rasio Keuangan Dalam Memprediksi Perubahan Laba: (Studi Empiris Pada Perusahaan Manufaktur yang Terdaftar pada Bursa Efek Indonesia Periode Tahun 2008- 2011). Diponegoro Journal of Accounting,3.

Gautama, F. A., & Hapsari, D. W. (2016). Pengaruh Net Profit Margin (Npm), Total Asset Turnover (Tato), dan Debt Equity Ratio (Der) Terhadap Pertumbuhan Laba (Studi Kasus Pada Perusahaan Sektor Infrastruktur, Utilitas, dan Transportasi yang Terdaftar Di Bursa Efek Indonesia Periode 2011-2014). e-Proceeding of Management, 3.

Harahap, S. S. (2007). Analisis Kritis Atas Laporan Keuangan. PT. Raja Grafindo Persada.

Martini, Sylvia, Ratna, Aria, & Edwaed. (2016). Akuntansi Keuangan Berbasis PSAK. Salemba Empat.

Takarini, N. & Ekawati, E. (2003). Analisis Rasio Keuangan dalam Merencanakan Pertumbuhan laba Pada Perusahaan Manufaktur di Pasar Modal Indonesia.6.

Wild & Hasley. (2015). Analsisis Laporan Keuangan (8th ed.). Salemba Emapat.




DOI: https://doi.org/10.32535/ijabim.v0i0.878

Refbacks

  • There are currently no refbacks.




Copyright (c) 2020 Holly Abas, Freddy S Kawatu, Cecilia Lelly Kewo

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

International Journal of Applied Business and International Management (IJABIM)

ISSN 2614-7432 (Print) | ISSN 2621-2862 (Online)

DOI Prefix: 10.32535 by CrossRef

Published by AIBPM Publisher

JL. Kahuripan No. 9, Hotel Sahid Montana, Malang, Indonesia

Email: journal.ijabim@gmail.com

Phone: +62 341 366222

Website: https://aibpmpublisher.com/

Governed by

Association of International Business and Professional Management

Email: admin@aibpm.org

Website: https://www.aibpm.org/

Indexed by

SINTA Garuda Google Scholar Dimensions ASEAN Citation Index

Visitor Statistics

Flag Counter

Web Analytics

View IJABIM Stats

Follow Us: