The Effect Of Current Ratio (Cr) And Debt To Asset Ratio (Dar) On Net Profit Margin (Npm)
Abstract
This research aims to find out whether the Current Ratio (CR) and Debt to Asset Ratio (DAR) have an effect on the Net Profit Margin (NPM) at PT Gajah Tunggal Tbk for the 2013–2022 period. This research uses a descriptive method with a quantitative approach. The population used in this research is the financial report of PT Gajah Tunggal Tbk, while the sample used is the profit and loss report and balance sheet of PT Gajah Tunggal Tbk for the 2013–2022 period. The data analysis method uses descriptive statistical analysis tests, classical assumption tests, multiple linear regression tests, coefficient of determination tests, and hypothesis tests with the help of the SPSS version 27 program. The results of this research show that the Current Ratio (CR) has a partial and significant effect on Net Profit Margin (NPM). Debt to Asset Ratio (DAR) has no partial and significant effect on Net Profit Margin (NPM). Current Ratio (CR) and Debt to Asset Ratio (DAR) do not have a significant effect on Net Profit Margin (NPM). The coefficient of determination is 0.425 or 42.5%. This means that the variables Current Ratio (CR) and Debt to Asset Ratio (DAR) have an influential contribution of 42.5% to Net Profit Margin (NPM), while the remainder (100% - 42.5% = 57.5%) is influenced by factors others not researched.
References
Bahri, S. (2018). Metode Penelitian Bisnis. Yogyakarta: Penerbit Andi.
Bluman. (2012). Elementary Statistic A Step By Step Approach Eight Edition. New York: Mcgraw-Hill.
Duli. (2019). Metode Penelitian Kuantitatif. Yogyakarta: Budi Utama.
Fadli, A. A. (2018). Pengaruh Current Ratio (Cr) Dan Debt To Total Asset Ratio (Dar) Terhadap Net Profit Margin (Npm) Pada Pt.Mayora Indah Tbk Periode 2009 – 2016. Jurnal Sekuritas, Vol.2, No.1, September 2018, 2, 107-118.
Fitroh, S. F. (2020, Februari). Pengaruh Cash Ratio Dan Current Ratio Terhadap Net Profit Margin Studi Kasus Pada Perusahaan Manufaktur Subsektor Semen Dan Keramik Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Bina Bangsa Ekonomika, 13, 184-193.
Ghozali. (2021). Aplikasi Analisis Multivariate Dengan Program Ibm Spss. Badan Penerbit Universitas Di Ponogoro.
Harahap. (2018). Analisis Kritis Atas Laporan Keuangan . Jakarta: Rajawali Pers.
Hasanah, D. A. (2017, September-Desember). Pengaruh Current Ratio(Cr), Debt To Equity Ratio(Der) Terhadap Net Profit Margin(Npm). The Asia Pacific Journal Of Managemen, 4, 123-126.
Hatmawan, R. &. (2020). Metode Riset Penelitian Kuantitatif, Uji Asumsi Klasik. Sleman: Deepublish.
Hidayat, D. W. (2018). Analisis Laporan Keuangan. Uwais Inspirasi Indonesia.
Https://Www.Gt-Tires.Com/Id/
Kasmir. (2014). Prinsip Prinsip Manajemen Keuangan . Jakarta: Salamba Empat.
Kasmir. (2019). Analisis Laporan Keuangan. Jakarta: Pt Raja Grafindo Persada.
Munawir. (2015). Analisis Laporan Keuangan. Yogyakarta: Liberty.
Ningsih, S. R. (2020, Juni). Pengaruh Current Ratio, Debt To Asset Ratio, Dan Net Profit Margin Terhadap Pertumbuhan Laba. Jurnal Ilmu Dan Riset Manajemen, 9, 1-15.
Nurmasari, A. I. (2024, Januari). Pengaruh Current Ratio (Cr) Dan Debt To Asset Ratio (Dar) Terhadap Net Profit Margin (Npm) Pada Pt Ultrajaya Milk Industri & Trading Company Tbk Periode 2013-2022. Journal Of Research And Publication Innovation, 2, 960-971.
Phang, A. K. (2012, April). Analisis Faktor-Faktor Yang Mempengaruhi Net Profit Margin. Jurnal Manajemen Dan Akuntansi, 13, 2-16.
Shabrina, N. (2020, Juni). Pengaruh Current Ratio Dan Debt To Assets Ratio Terhadap Net Profit Margin Pada Pt.Ndo Tambang Raya Megah Tbk (Periode 2008-2017). Jurnal Semarak,Vol. 3,No.2, Juni 2020, 3, 91-101.
Sugiyono. (2019). Metode Penelitian Kuantitatif,Kualitatif Dan R & D. Bandung: Alfabeta.
Sujawerni. (2020). Analisis Laporan Keuangan. Yogyakarta: Pustaka Baru Press.
Widiani, P. (2019). Pengaruh Curren Ratio, Cash Ratio, Dan Total Assets Turnover Terhadap Net Profit Margin Pada Industri Makanan Dan Minuman Periode 2013-2017. 1.
Www.Rivankurniawan.Com
Open Access
IDEA (International Development of Economics and Administration Journal) is a national peer reviewed and open access journal that publishes significant and important research from all area of Development of Economics and Administration.
This journal provides immediate open access to its content that making research publish in this journal freely available to the public that supports a greater exchange of knowledge.
Copyright
Submission of a manuscript implies that the submitted work has not been published before (except as part of a thesis or report, or abstract); that it is not under consideration for publication elsewhere; that its publication has been approved by all co-authors. If and when the manuscript is accepted for publication, the author(s) still hold the copyright and retain publishing rights without restrictions. Authors or others are allowed to multiply article as long as not for commercial purposes. For the new invention, authors are suggested to manage its patent before published. The license type is CC-BY-SA 4.0.
Disclaimer
No responsibility is assumed by publisher and co-publishers, nor by the editors for any injury and/or damage to persons or property as a result of any actual or alleged libelous statements, infringement of intellectual property or privacy rights, or products liability, whether resulting from negligence or otherwise, or from any use or operation of any ideas, instructions, procedures, products or methods contained in the material therein.