Effect of Current Ratio, Return on Assets and Debt to Equity Ratio on Profit Growth in Listed Banking Companies on the Indonesia Stock Exchange Year 2019-2021

Abstract

This study aims to determine and analyze the effect of Current Ratio, Return On Assets, and Debt to Equity Ratio To Profit Growth on Banking Companies Listed on the Indonesia Stock Exchange in 2019-2021. The population in this study was 43 registered banking companies on the Indonesia Stock Exchange for the 2019-2021 period using the purposive method sampling obtained 18 companies that met the criteria. Test methods that multiple linear regression analysis is used. The results show that the Current Ratio, Return On Assets affects Profit growth. Meanwhile, Debt to Equity Ratio has no effect on profit growth. The benefits of this research are provide understanding to investors by looking at the role of current ratio, Return On Assets, and Debt to Equity Ratio to profit growth run the company so that investors can make decisions in invest appropriately.