PENGARUH RASIO KEUANGAN DALAM MEMPREDIKSI PERUBAHAN LABA (STUDI PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA)

Yunita Envrensiana

Abstract


The purpose of this research is to measure the influence of financial ratios in predicting earnings changes. Data in this study are manufacturing firms listed on the Indonesia Stock Exchange on two year ahead. As the sample in this research consist 50 manufacturing firms. The influence of financial ratios in predicting earnings changes analyzed by using multiple regression, simultaneously and partially.
Dependent variable in this research is earnings changes before tax. On the other hand, ten independent variables were used that consist of current ratio, debt ratio, debt to equity ratio, inventory turnover, receivable turnover, profit margin, gross profit margin, total asset turnover, return on equity, dan dividend payout ratio. The empirical results shows that financial ratios at simultaneously level is influence to predict earnings changes, whereas financial ratios at partially are found that profit margin, gross profit margin, total asset turnover, dan return on equity significant to predict earnings changes.

 

Keyword : PENGARUH RASIO KEUANGAN, BURSA EFEK INDONESIA


Keywords


PENGARUH RASIO KEUANGAN; BURSA EFEK INDONESIA