ANALISIS PENGARUH CR, DER, NPM, TATO DAN ROE TERHADAP PERTUMBUHAN LABA (Studi Empiris Pa-da Perusahaan Property dan Real Estate Yang Listing di Bursa Efek Indonesia Tahun 2012-2016)

Abstract

Profit growth is the ratio that showed how ability of company increased net profit over the previous year. The higher the ratio of profit growth, more better the company financial performance. This research wants to examine the effects of Current ratio, Debt to Equity Ratio, Net Profit Margin, Total Asset Turnover,and Return on Equity to Profit Growth of property and real estate. The sampling technique used in this research is purposive sampling. There are 32 companies that used during the research. Analytical technique used in this research is multiple regression analysis by using SPSS 21. Data sample has tested using with the classical assumption test such as normality test, multicollinearity, autocorrelation, and heteroskedastisitas test. And the hypothesis test is done by using the F test, T test, and R². The result of the research are independent variables simultaneously (F test) effect on Profit Growth with a significance level of 0.000. While Partially (t test) showed that the variable Current Ratio and Total Asset Turnover has negative and not significant effect on Profit Growth. Debt to Equity Ratio variable has negative and significant effect on Profit Growth. Net Profit Margin has positive and not significant effect on rofit Growth. While Return on Equity variable has positive and significant effect on Profit Growth. The value of adjusted R square is 26.2%. This means that 26.2% of profit growth can be explained by independent variable (Current ratio, debt to equity ratio, net profit margin, total asset turnover and return on equity). While the remaining (73,8%) is explained by other variables or other causes.