Abstract

Coal companies use a lot of their assets in carrying out their operational activities, the company is expected to be able to provide benefits to society. This study aims to examine the effect of Net Profit Margin and Debt to Asset Ratio on profit growth in coal mining sub-sector companies listed on the Indonesia Stock Exchange. This type of research is a quantitative method using a descriptive approach and associative problem formulation. Secondary data collection, in the form of financial reports from IDX. Withdrawal of samples using purposive sampling method. The samples studied were 19 coal mining sub-sector companies whose data was processed from 2017-2021. The analytical method used is multiple linear regression analysis using SPSS 24. The results show that partially Net Profit Margin has no significant effect on profit growth and Debt to Asset Ratio has a negative and significant effect on profit growth. Furthermore, Net Profit Margin and Debt to Asset Ratio simultaneously have a positive and significant effect on profit growth.

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