Analysis of Current Ratio Changes Effect, Asset Ratio Debt, Total Asset Turnover, Return On Asset, And Price Earning Ratio In Predictinggrowth Income By Considering Corporate Size In The Company Joined In LQ45 Index Year 2013 -2016

Wikan Budi Utami

Abstract


This study aims to determine the effect of the partially and simultaneously of the Current Ratio (CR), Debt Asset Ratio (DAR), Total Asset Turnover (TATO), Return On Assets (ROA), and Price Earning Ratio (PER) in predicting profit growth by considering firm size at company incorporated in LQ45 index year 2013 -2016 with company size as control a variable. The technique of determining the sample in this research is by using purposive sampling. There are several criteria that must be met by companies listed in the LQ45 Index to be sampled in this study. This research method is using multiple regression analysis which is used to know the influence of independent variable to the dependent variable together and partially. The t test is used to test the influence of each variable change Current Ratio, Debt Asset Ratio, Total Asset Turnover, Return On Asset , and Price Earning Ratio to earnings growth variable with firm size as control variable. The statistical test F aims to examine the effect of changes in Current Ratio, Debt Asset Ratio, Total Asset Turnover, Return On Asset, and Price Earning Ratio simultaneously to the variable of profit growth with firm size as control variable. The R2 test (Coefficient of determination) is done to find out how big the influence variable change Current Ratio, Debt Asset Ratio, Total Asset Turnover, Return On Asset, and Price Earning Ratio to variable growth profit with company size as control variable. From result of t test is known that change of Total Assets Turn Over and change of Return On Assets partially have significant effect to profit growth (∆ EAT) .Variable change of Curent Ratio (∆CR), change of Debt Asset Ratio (∆ DAR), Price Earning Ratio (∆PER) partially no significant effect on profit growth variable with firm size as control variable. From result of F test, it is known that Current Ratio (∆ CR) change, Debt Asset Ratio (Δ DAR) change, Total Asset Turnover (∆ TATO), Return On Asset (∆ ROA) change, Price Earning Ratio (∆ PER) simultant significant effect on profit growth variable at go public company listed in index LQ 45 in Indonesia with company size) as control variable.

Keywords: change of CR, DAR, TATO, ROA, PER, profit growth.


Full Text:

PDF

References


Ade Gunawan dan Sri Fitri Wahyunu. Management and Bussines Journal. Vol. 13 No. 01 April 2013. ISSN. 1693-7619

Agus Sartono, 2001. Finance Management Theory and Practice. Yogyakarta: BPEF-Yogyakarta.

Anto Dajan. 2000. Introduction to Statistical Methods. Volume I. II. LP3ES. Jakarta

Bambang Riyanto. Company Spending Basics. Fourth edition.Yogyakarta. Yayasan Penerbit Gajah Mada. 1995.

Ghozali, Imam. 2005. Application of Multivariate Analysis with SPSS. Semarang: Badan Penerbit UNDIP

Handono Mardiyanto, 2008, Digest of Financial Management: Jakarta

I Nyoman Kusuma Adnyana Mahaputra. Journal of Accounting & Business. Vol. 7, No. 2, July 2012

Isnaniah Laili Khatmi Safitri, MMA. Journal of Accounting and Business. Volume 2 Number 2.Nopember 2016

Juliana, Roma Uly dan Sulardi. Benefits of Financial Ratios In Predicting Changes in Profit of Manufacturing Companies. Journal of Business & Management, Vol. 3, No.2.2003

Nita Hari Susanti (2014) Journal of Management Science & Research Vol. 3 No. 5 (2014)

Prihadi, Toto. 2008. Quick Detection of Financial Condition: 7 Financial Ratio Analysis. PPM, Jakarta.

R. Adisetiawan. Journal of Application Management. Volume 10. Number 3. September 2012

Sartono, Agus. 2001. Financial Management Theory and Applications. The fourth edition, BPFE, Yogyakarta.




DOI: http://dx.doi.org/10.29040/ijebar.v1i01.253

Refbacks

  • There are currently no refbacks.


International Journal of Economics, Business and Accounting Research (IJEBAR), E-ISSN 2454-1362

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.