PENGARUH CURRENT RATIO, TOTAL ASSET TURNOVER,DEBT TO EQUITY RATIO, DAN NET PROFIT MARGIN TERHADAP PROFIT GROWTH PADA PERUSAHAAN SUB SEKTOR OTOMOTIF YANG TERDAFTAR DI BEI PERIODE 2016-2021

Abstrak

Abstrak
Pandemi Covid-19 memiliki dampak negatif terhadap perekonomian Indonesia, dengan industri otomotif sebagai salah satu sektor yang terdampak berat. Namun, sektor industri manufaktur tetap menjadi faktor pendorong pertumbuhan ekonomi di Indonesia. Tujuan dari penelitian ini adalah untuk mengetahui bagaimana Current Ratio, Total Asset Turnover, Debt to Equity Ratio, dan Net Profit Margin secara simultan maupun secara parsial akan mempengaruhi Profit Growth perusahaan sektor industri otomotif periode 2016-2021. Jenis data penelitian menggunakan jenis data sekunder yang bersifat kuantitatif berupa data panel. Penentuan sampel menggunakan metode purposive sampling, sehingga diperoleh 9 perusahaan yang dijadikan sampel dalam penelitian. Metode analisis yang digunakan yaitu analisis regresi data panel dengan menggunakan aplikasi E-Views 9. Hasil penelitian ini menunjukkan bahwa secara parsial Current Ratio tidak berpengaruh terhadap profit growth. Debt to Equity Ratio tidak berpengaruh terhadap profit growth. Net Profit Margin berpengaruh positif terhadap profit growth dan Total Asset Turnover berpengaruh negatif terhadap profit growth. Nilai Adjusted R Square sebesar 0.294069, hal ini berarti sumbangan pengaruh variabel yang diteliti sebesar 29.41% terhadap profit growth dan sisanya 70.59% dipengaruhi oleh variabel lain di luar penelitian ini.

Abstract
The Covid-19 pandemic has had a negative impact on the economy of Indonesia, with the automotive industry being one of the heavily affected sectors. However, the manufacturing industry sector continues to be a driving force for economic growth in Indonesia. The objective of this research is to determine how the Current Ratio, Total Asset Turnover, Debt to Equity Ratio, and Net Profit Margin, both simultaneously and partially, will affect the Profit Growth of companies in the automotive industry sector during the period of 2016-2021. The research data used in this study is secondary data in the form of quantitative panel data. The sample was determined using purposive sampling method, resulting in 9 companies selected as the sample for the study. The analysis method used is panel data regression analysis using the E-Views 9 application. The results of this research show that, partially, the Current Ratio does not have a significant impact on profit growth. The Debt to Equity Ratio does not have a significant impact on profit growth. Net Profit Margin has a positive impact on profit growth, and Total Asset Turnover has a negative impact on profit growth. The Adjusted R Square value is 0.294069, which means that the variables examined contribute 29.41% to profit growth, while the remaining 70.59% is influenced by other variables outside the scope of this study.