Pengaruh Rasio Keuangan Terhadap Pertumbuhan Laba (Studi Kasus Perusahaan Sub Sektor Farmasi yang Terdaftar di BEI Periode 2019-2023)

This research aims to determine the effect of liquidity ratios, activity ratios, solvency ratios and profitability ratios on profit growth in pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange for the 2019-2023 period. The research method used is quantitative descriptive statistics using secondary data obtained from the 2019-2023 Pharmaceutical Sub-Sector Company Financial Reports on the IDX website. The sampling technique used was the purposive sampling method with the samples of 8 entities. The analytical method used in this research is multiple linear regression using SPSS 24 for Windows. The results of testing the coefficient of determination (R2), obtained an Adjusted R Square value of 16.8%, which shows that Profit Growth is influenced by the Liquidity Ratio (Current Ratio), Activity Ratio (Total Asset Turnover), Solvency Ratio (Debt to Equity Ratio), and Ratio Profitability (Net Profit Margin) simultaneously. The results of this research show that the Activity Ratio and Profitability Ratio partially have a significant effect in a positive direction on Profit Growth, while the Liquidity Ratio and Solvency Ratio have no effect on Profit Growth.