PENGARUH RASIO KEUANGAN TERHADAP PERTUMBUHAN LABA PADA PT. ASA CIPTA ASRI SURABAYA

Abstract

This research aimed to examine the effect of Current Ratio, Total Asset Turnover, and Net Profit Margin on profit growth of PT. Asa Cipta Asri, Surabaya. Moreover, the company did not use the data collection technique as it was a case study. Furthermore, the dataanalysis techique used multiple linear regression with SPSS 25. The research result concluded Current Ratio, Total Asset Turnover and Net Profit Margin had positive and significant effect on the profit growth. While, in partial, Current Ratio had positive but insignificant effect on the profit growth. This result supported Qur’aniah M. et al (2018) which concluded Current Ratio had positive but insignificant effect on the profit growth. Different with Net Profit Margin, Total Asset Turnover had positive and significant effect on the profit growth. This result supported Irawan A.F (2018) which concluded Total Asset Turnover had positive and significant effect on profit growth. In addition, Net Profit Margin had positive and significant on profit growth. This result supported Aryanto U.R et al (2018) which concluded Net Profit Margin had positive and significant effect on the profit growth.
keywords: profit growth, current ratio, total asset turnover, net profit margin