PENGARUH LEVERAGE, PROFITABILITAS, DAN LIKUIDITAS TERHADAP PERTUMBUHAN LABA PADA PERUSAHAAN FOOD AND BEVERAGES YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2017-2021This research aimed to find out the effect of leverage, profitability, and liquidity on th

Abstract

This research aimed to find out the effect of leverage, profitability, and liquidity on the profit growth of Food and Beverage companies listed on the Indonesia Stock Exchange during 2017-2021. The independent variables were leverage which was measured by Debt to Equity Ratio (DER), profitability which was measured by Net Profit Margin (NPM), and liquidity which was measured by Current Ratio (CR). While the dependent variable was profit growth. Moreover, the research was quantitative. The population was Food and Beverage companies during 2017-2021 listed on the Indonesia Stock Exchange consstn of 43 companies. Futhermore, the data collection technique used purposive sampling. In line with that, there were 13 companies as the sample. Additionally, the data analysis technique used multiple linear regression, classical assumption test, proper model test, and hypothesis test with SPSS 25 version. The result of the F test showed that leverage, profitability, and liquidity had a significant effect on profit growth. In addition, the result of the t-test indicated that both leverage and liquidity had a significant effect on profit growth. However, profitability had an significant effect on profit growth.