THE EFFECT OF CURRENT RATIO AND DEBT TO EQUITY RATIO ON PROFIT GROWTH IN CIGARETTE COMPANIES THAT GO PUBLIC 2017-2022 PERIOD
Keywords:
Current ratio, Debt To Equity RatioAbstract
This study aims to determine and analyze the
effect current ratio, debt to equity ratio, on profit
growth in cigarette companies listed on the
Indonesia Stock Exchange for the 2017-2022
period. This research was conducted using a
quantitative research approach. The total
population in this study amounted to 5
companies. The sample was selected using a
saturated sampling technique, in order to obtain
a sample of 5 companies. The data used in this
study is secondary data collected through annual
financial reports accessed from idx.co.id which is
the research sample. The analytical method used
in this research is multiple linear regression
analysis. The data was tested using the Eviews12
application. Based on the results of the influence
test current ratio on profit growth obtained test
results with a probability of 0.1235> 0.05 which
means that (X1) CR partially does not affect profit
growth. Test results debt to equity ratio has a
probability of 0.0000 <0.05 which means that (X2)
DER partially has a positive effect on profit
growth. And (X1) Current ratio ,(X2) Debt to
equity ratio simultaneously affect the profit
growth
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