ANALISIS RASIO KEUANGAN UNTUK MEMPREDIKSI PERTUMBUHAN LABA PERUSAHAAN OTOMOTIF DI BEI

Abstract

This research is meant to find out the influence of total asset turnover, net profit margin and return on asset to
the profit growth on companies. The population is all companies which are engaged in the field of automotive
which are listed in Indonesia Stock Exchange and the sample collection technique has been done by using the
purposive sampling and 3 companies have been selected as samples. The analysis technique has been done by
using multiple regressions analysis. The result of the test shows that total asset turnover and return on asset
variables are feasible to be used as the analysis model. Meanwhile, the net profit margin variable has been
excluded from the analysis model because its VIF value is very high so it makes the multicollinearity
disturbance.The result of the test shows that simultaneously total asset turnover and return on asset variables
have an influence to the profit growth. This result indicates that the research model is feasible to be used for the
following analysis. This result is supported by the acquisition of coefficient correlation is 79.9% shows that the
correlation among the models of this research with the profit growth is firm. The result of the test result partially
shows that total asset turnover and return on asset, each of them has positive and significant influence to the
profit growth.

Keywords: Total Asset Turnover, Return On Asset, Profit Growth.