Jurnal Akuntansi & Perpajakan Jayakarta
Vol 4 No 1 (2022): Vol. 04 No. 01 Juli 2022

EFFECT OF CURRENT RATIO AND DEBT TO EQUITY RATIO ON NET PROFIT MARGIN IN THE COMPANY PT ADHI KARYA (PERSERO) Tbk. WHICH IS LISTED ON INDONESIA STOCK EXCHANGE IN 2017-2021

Eka Maharani (Sekolah Tinggi Ilmu Ekonomi Jayakarta)
Daniel Roland Hasibuan (STMIK Jayakarta)
Ringkot P Nainggolan (Sekolah Tinggi Ilmu Ekonomi Jayakarta)



Article Info

Publish Date
31 Jul 2022

Abstract

ABSTRACT The purpose of this study is to determine the effect of current ratio and debt to equity ratio on net profit margin both partially and simultaneously. The research method used is a quantitative research method with a descriptive approach. The population used in this study is the financial statements of PT Adhi Karya (Persero) Tbk. The sample used in this study is the financial statements of PT Adhi Karya (Persero) Tbk. for 2017-2021. The analytical methods used in this study are descriptive data analysis, classical assumption test (normality test, multicholinearity test, heteroskedasticity test, and autocorrelation test), hypothesis test (multiple linear regression test, coefficient of determination test, t test, and f test). The results of this study show that the Current Ratio partially affects and is not significant on Net Profit Margin with a calculated value of -3.510 with a significance level of 0.072 > 0.05. Debt to Equity Ratio partially negatively and significantly affects Net Profit Margin with a calculated value of -5.886 with a significance level of 0.028 < 0.05. Current Ratio and Debt to Equity Ratio simultaneously have an effect and significantly affect Net Profit Margin with a significant value of 0.019 < 0.05.

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Journal Info

Abbrev

JAPJayakarta

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Akuntansi & Perpajakan Jayakarta (JAP Jayakarta) merupakan jurnal yang diterbitkan oleh Jurusan Akuntansi Sekolah Tinggi Ilmu Ekonomi Jayakarta yang diterbitkan setiap 2 kali dalam setahun, yaitu bulan Januari dan Juli. Jurnal Akuntansi & Perpajakan Jayakarta (JAP Jayakarta) berfokus pada ...