PENGARUH RASIO LIKUIDITAS, SOLVABILITAS, DAN PROFITABILITAS TERHADAP PERUBAHAN LABA PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR PADA BURSA EFEK INDONESIA (Studi Kasus Pada Sektor Industri Barang Konsumsi Sub Sektor Kosmetik Dan Barang Keperluan Rumah Tangga Periode Tahun 2017-2022)

Abstract

This research aims to determine the effect of liquidity ratios. This research aims to analyze the influence of financial performance as measured by the Current Ratio (CR), Debt to Equity Ratio (DER), and Net Profit Margin (NPM) on changes in profits. The population of this research is manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2022 period. This research sample used a purposive sampling method. The type of research used is explanatory research with a quantitative approach. The results of this research show that partially the Net Profit Margin (NPM) variable has a significant effect on changes in profit. Meanwhile, the CR and DER variables have no effect on changes in profit. Simultaneously, it shows that the three variables CR, DER, and NPM have a significant effect on changes in profits of manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2022 period. This research is supported by an R² value of 23.7% while the remaining 76.3% is influenced by other factors not included in the regression model.