PENGARUH RASIO KEUANGAN TERHADAP PERUBAHAN LABA

Abstract

This research is meant to find out the influence of financial ratio to the changes in earnings on the companies which are listed in Indonesia Stock Exchange. The samples have been selected by using purposive sampling technique to the 45 real estate and property companies which have issued their financial statement in 2012-2013 periods, so there are 90 financial statements which meet the sample criteria. The multiple regressions analysis is used as the data analysis with independent variables : cash flow to current liabilities, net worth and total liabilities to fixed assets, gross profit to sales, net income to sales, operating income to total liabilities, net worth to sales, net income to net worth, net income to total liabilities, net worth to total liabilities and dependent variable: changes in earnings. The result of this research shows that variables : net income to sales, operating income to total liabilities, and net worth to sales have significant influence to the profit change of the company in previous year, meanwhile the variable of cash flow to total liabilities, net worth and total liabilities to fixed assets, gross profit to sales, net income to net worth, net income to total liabilities, and net worth to total liabilities are not significant influence to the model.
Keywords: Leverage, Profitability, Activity, Changes in Earnings and Multiple Regressions Analysis