PENGARUH RASIO KEUANGAN TERHADAP PERUBAHAN LABA PADA PERUSAHAAN PROPERTY DAN REAL ESTATE

Abstract

This research is aimed to examine the financial statement analysis of current account, total asset turnover, debt to equity ratio, and net profit margin to the changes in earnings of property and real estate companies which are listed in Indonesia Stock Exchange in 2013-2015 periods.The samples are 42 companies and 126 observation data on property and real estate companies which are listed in Indonesia Stock Exchange. The sample collection has been done by using purposive / judgment sampling method with the criteria i.e.: (1) property and real estate sector companies which are listed in Indonesia Stock Exchange in 2013-2015 periods, (2) companies in which their financial statement data have been obtained completely in 2013-2015 periods, (3) companies which present their financial statements by using the rupiah currency.Based on the result of the multiple regression analysis, it shows that the variables of debt to equity ratio and net profit margin give positive influence to the changes in earnings. Meanwhile, the variables of current ratio and total asset turnover does give any influence to the changes in earnings change, and the Adjusted R square (R2) is 41.3% or 58.7% is influenced by some variables which are not included in the model.
Keywords: changes in earnings, current ratio, total assets turnover, debt to equity ratio, net profit margin.