Effect of Sales, Current Ratio, Debt to Assets Ratio and Company Size on Company Profitability

Umalasita Dewi, Dody Setyadi, Suwardi Suwardi

Abstract


This research was based on the issues of property and real estate sector companies listed on the Indonesia Stock Exchange (IDX), namely the decline in profitability for the period 2017-2021. This research aims to examine the effect of the independent variables is Sales, Current Ratio (CR), Debt to Assets Ratio (DAR), and Firm Size on Profitability. The sample in this research were 14 property and real estate companies listed on the Indonesia Stock Exchange (IDX) in the 2017-2021 period which were selected using the purposive sampling method. The data analyzed used is 70 data (14 companies in 5 years of observation). Analysis model used in this research was multiple linear regression panel data analysis using Eviews 9.0. The results of the multiple linear regression analysis of panel data show that (1) the effect of sales on profitability is significant (2) the effect of the current ratio (CR) on profitability is not significant (3) the effect of debt to assets ratio (DAR) on profitability is not significant (4) The effect of firm size on profitability is significant

Keywords


Current Ratio, Debt to Assets Ratio, Firm Size, Profitability, Sales

Full Text:

PDF

References


Dini, S., Marsella, & Laurencia, J. (2021). Pengaruh Modal Kerja, Penjualan, Hutang dan Ukuran Perusahaan terhadap Profitabilitas pada Perusahaan Properti dan Real Estate. Jurnal Ilmiah MEA (Manajemen, Ekonomi, dan Akuntansi), 643.

Franita. (2016, Desember). Pengaruh Kepemilikan Institusional, Kepemilikan Managerial dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Jurnal Mediasi.

Ghozali, I. (2011). Aplikasi Analisis Multivariate dengan Program IBM SPSS 19. Semarang: Badan Penerbit Universitas Diponegoro.

Ghozali, I., & Ratmono. (2013). Analisis Multivariat dan Ekonometrika Teori, Konsep, dan Aplikasi dengan Eviews 8. Badan Penerbit Universitas Diponegoro.

Halim, & Hanafi. (1995). Analisis Laporan Keuangan.

Harmanto. (2019). Dasar Dasar Akuntansi. Yogyakarta: CV Anfi Offset.

Hery. (2016). Financial Ratio for Business. Jakarta: PT Grasindo.

Jumingan. (2006). Analisis Laporan Keuangan. Sinar Grafika Offset. Kasmir. (2008). Analisis Laporan Keuangan. Jakarta: PT Rajagrafindo Persada.

Luckieta, M. (20221, Maret). Pengaruh DAR dan Ukuran Perusahaan terhadap ROA Perusahaan yang Terdaftar Di LQ45 Pada BEI. Perspektif: Jurnal Ekonomi & Manajemen Universitas Bina Sarana Informatika.

Manurung, A. (2020, Desember). Pengaruh Penjualan dan Perputaran Piutang Terhadap Profitabilitas (Pada Perusahaan Manufaktur yang terdaftar Di Bursa Efek Indonesia Periode 2017 - 2019. Visi Ilmu Sosial dan Humaniora (VISH), 01, 99-115.

Munawir. (2012). Analisis Laporan Keuangan. Yogyakarta: Liberty Yogyakarta.

Murhadi. (2013). Analisis Laporan Keuangan.

Muslih. (2019). Pengaruh Perputaran Kas dan Likuiditas (Current Ratio) Terhadap Profitabilitas (Return On Asset). Jurnal Krisna: Kumpulan Riset Akuntansi.

Napitupulu, F. (2020, Juni). Pengaruh Arus Kas Operasi, Penjualan dan Likuiditas Terhadap Profitabilitas PAda PT Kencana PErmata Nusantara periode 2014 - 2018. Journal of Business and Economics Research (JBE), 70-79.

Natnadiandi, A., & Yuliandhari, W. S. (2018, Desember). The Influence Of Working Capital Turnover, Capital Structure, and Firm Size On Profitability (An Empirical Study on Real Estate & Property Listed in Indonesian Stock Exchange 2012-2016 period). e-Proceeding of Management, 2355-9357.

Nauli, a. (2021). Pengaruh Current Ratio, Perputaran Persediaan, Debt To Asset Ratio, Growth dan Size Terhadap Profitabilitas. Costing:Journal of Economic, Business and Accounting, Volume 4 Nomor 2.

Ningsih, Y. I. (2018). Pengaruh Struktur Modal dan Ukuran Perusahaan terhadap Profitabilitas pada Makanan dan Minuman Di BEI.

Sa’idah, Ayu, Suryadi Poerbo, Fatchun Hasyim The Influence of Store Atmosphere and Location on Purchase Decision at Pusri Mart Semarang Area. Admisi dan Bisnis Vol 20, No 1 (2019): PEBRUARI 2019




DOI: http://dx.doi.org/10.32497/ab.v23i3.4187

Refbacks

  • There are currently no refbacks.


View My Stats