Pengaruh Likuiditas, Pertumbuhan Penjualan, dan Leverage Terhadap Profitabilitas pada Perusahaan Manufaktur Subsektor Tekstil dan Garmen yang Terdaftar Di Bursa Efek Indonesia Periode 2019-2023.

Abstract

Profitability is a company's ability to generate profit from its business activities. Many factors influence profitability, including liquidity, sales growth, and leverage. This study aims to identify and analyze the effect of Liquidity, Sales Growth, and Leverage on the Profitability of Textile and Garment Companies listed on the Indonesia Stock Exchange. The research is associative in nature with a quantitative approach, and the type of data used is secondary data obtained from financial reports published on the official website of the Indonesia Stock Exchange (www.idx.co.id) as well as the respective company websites. The population of this study consists of 22 textile and garment companies, and using purposive sampling, the sample was narrowed down to 14 companies. The analytical method used is multiple linear regression analysis with the Random Effect Model approach. The results of this study show that Liquidity has a positive but not significant effect on Profitability, with a regression coefficient of 4.55E-05 and a Prob. value of 0.8115. Sales Growth has a positive and significant effect on Profitability, with a regression coefficient of 0.0952 and a Prob. value of 0.0328. Meanwhile, Leverage has a negative and significant effect on Profitability, with a regression coefficient of 0.6714 and a Prob. value of 0.0003.