Analisis Profitabilitas Pada Perusahaan Perdagangan, Jasa Dan Investasi Terdaftar Di Bursa Efek Indonesia Tahun 2018-2020

Abstract

This study aims to analyze the effect of capital structure, liquidity, cash turnover and sales growth on profitability in trading, service and investment companies listed on the Indonesia Stock Exchange in 2018-2020. This type of research is quantitative. The population in this study are trading, service and investment companies listed on the IDX in 2018-2020. The sample in this study used a purposive sampling method and obtained 20 trading, service and investment companies that match the predetermined criteria. The data analysis technique used is multiple linear regression analysis using the SPSS 22.0 program. The results of this study indicate that the partial calculation of the hypothesis of the capital structure variable has a significant negative effect and sales growth has a significant positive effect on profitability in trading, service and investment companies. The variables of liquidity and cash turnover have no effect on profitability in trading, service and investment companies. The results of the study simultaneously variable capital structure, liquidity, cash turnover and sales growth have a significant effect on profitability. The results of this study also obtained the coefficient of determination (R2) with a value of 0.245 which means that 24.5% of disclosure is explained by the variables between capital structure, liquidity, cash turnover and sales growth, while the remaining 75.5% is explained by other variables outside the model. Keywords: Capital Structure, Liquidity, Cash Turnover, Sales Growth and Profitability.