PENGARUH LIKUIDITAS, SOLVABILITAS DAN AKTVITAS TERHADAP PERTUMBUHAN LABA PADA PERUSAHAAN OTOMOTIF YANG TERDAFTAR DI BEI PERIODE 2016-2020

Abstract

The national automotive company is one of the drivers of the Indonesian economy. The automotive
company has its business chain ranging from component manufacturing, vehicle manufacturing,
distribution network and after-sales service, both official workshops and general workshops, besides,
this automotive company develops other supporting companies such as financing (leasing) and
insurance. This research aimed to find out, analyze, and test the effect of liquidity, solvability, and
activity on the profit growth at an automotive company listed on the BEI in the 2016- 2020 period. The
research sample consisted of 9 automotive companies selected by purposive sampling. Furthermore,
the research data used secondary data in the financial statement form of an automotive company. The
analysis instrument of this research used multiple linear regression with SPSS 25 versions. The
research result showed that the variable of liquidity was proxy with current ratio had a negative and
insignificant effect on the profit growth, meanwhile, the variable of solvability was proxy with debt to
asset ratio had a positive and significant effect on the profit growth, the activity variable was proxy with
total assets turnover had a positive and significant effect on the profit growth.