The Influence Of Financial Ratios On Changes In Profit At Pt. Tirta Investama Medan

Abstract

The purpose of this study was to analyze financial ratios consisting of Debt Equity Ratio, Working Capital Total Asset, Total Asset Turn Over, and Net Profit Margin in predicting profit changes at PT Tirta Investama Medan. This research method uses data collection techniques, namely interviews and documentation. The data in this study are data in the form of annual financial reports of mineral water companies that have been audited by the company. The data was analyzed using the SPSS program. The results of the study based on the t-test, first showing the Debt Equity Ratio is not significant to Changes in Earnings, second showing Working Capital Total Asset has a significant effect on Changes in Earnings, third showing Total Asset Turn Over to Changes in Earnings, fourth showing Net Profit Margin to Changes in Earnings, and the results of research based on the F-test Debt Equity Ratio, Working Capital Total Asset, Total Asset Turn Over, and Net Profit Margin simultaneously have a significant effect on Changes in Earnings with a coefficient of determination of 81.7%.