PENGARUH RASIO KEUANGAN TERHADAP LABA PADA PERUSAHAAN CONSUMER GOODS SUB SEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

The Effect of Financial Ratios on Profits in Food and Beverage Sub-Sector Consumer Goods Companies Listed on the Indonesia Stock Exchange. Under the guidance of Mrs. Danna Solihin and Mrs. Nurfitriani.

This research was conducted on consumer goods companies in the food and beverage sub-sector, which is one of the sectors of manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2019 period. This is because the consumer goods industry is an industry that is urgently needed to meet basic needs and ensure the survival of the entire community.

This study aims to determine and analyze the effect of total asset turnover, inventory turnover and current ratio on profits in consumer goods companies in the food and beverage sub-sector listed on the Indonesia Stock Exchange in 2017-2019. The population in this study were 31 companies, in obtaining a sample of 24 companies with a sampling technique using purposive sampling method.

The analytical method used is multiple linear regression using the SPSS version 23 program. The results of this study indicate that total asset turnover has a positive and insignificant effect on profits, inventory turnover has a positive and insignificant effect on profits, and the current ratio has a negative and insignificant effect on profits.