Pengaruh Rasio Keuangan terhadap Pertumbuhan Laba pada Perusahaan BUMN Farmasi yang Terdaftar di Bursa Efek Indonesia

Abstract

This research was conducted with the aim of knowing the effect of financial ratios (Current Ratio, Return on Asset, Debt to Asset Ratio, and Total Asset Turnover) on profit growth. The population taken in this study is pharmaceutical sector BUMN companies listed on the Indonesia Stock Exchange in 2020-2023. The sample method used was purposive sampling. The research sample that matches the criteria in this study is 3 companies using secondary data obtained from IDX or the company's website. The analysis technique used in this research is multiple linear analysis. The results of this study indicate that the variables Current Ratio (CR) and Return on Asset (ROA) have a significant negative effect on profit growth. While the variables Debt to Asset Ratio (DAR) and Total Asset Turnover (TATO) have no effect on profit growth.