PENGARUH DEBT TO EQUITY RATIO (DER) DAN TOTAL ASSET TURN OVER (TATO) TERHADAP PERTUMBUHAN LABA PADA PERUSAHAAN SEKTOR TRANSPORTASI DAN LOGISTIK YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI)
DOI:
https://doi.org/10.47491/landjournal.v7i2.4886Keywords:
Debt to Equity Ratio, Total Asset Turn Over, Profit Growth, Transportation and Logistics Sector Companies, Indonesia Stock Exchange (IDX)Abstract
Given the size of Indonesia's archipelago, logistics and transportation firms are essential to the country's economic expansion. In order to connect different regions, distribute commodities, and support economic activities that propel Indonesia's economic growth, an effective transportation system and dependable logistics are essential. A company's sound financial standing and effective management are demonstrated by its ability to sustain and grow profits year after year. However, current trends indicate that transportation and logistics companies listed on the Indonesia Stock Exchange (IDX) are experiencing declining net profits, along with increasing liabilities related to company expansion. Therefore, the purpose of this study is to investigate the extent to which the Debt to Equity Ratio (DER) and Total Asset Turnover (TATO) influence the profit growth of these organizations. This study's research methodology is a quantitative approach using secondary data under the heading of "associative clause." Descriptive statistical tests, normality tests, heteroscedasticity tests, multicollinearity tests, autocorrelation tests, product-moment correlation, multiple linear regression analysis, coefficient of determination, t-tests, and f-tests were among the data analysis tools included in the purposive sampling technique. According to the study's findings, DER and TATO have no influence on profit growth, whereas DER and TATO have a partial negative but negligible impact on profit growth.
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