PENGARUH UKURAN PERUSAHAAN, RASIO LIKUIDITAS, PROFITABILITAS, DAN TINGKAT HUTANG TERHADAP PERTUMBUHAN PERUSAHAAN

Abstract

This study aims to find out how company size, liquidity ratios, profitability, and debt levels affect growth. The size of the company is determined by the natural logarithm (Ln) of its total assets. The current ratio is used to determine the liquidity ratio. Return On Assets (ROA) is used to determine the company's profitability. Debt to Asset Ratio is used to determine the amount of debt. Sales growth rate indicators are used to assess business growth. This study uses a sample of fifteen food and beverage industries that will be listed on the Indonesia Stock Exchange between 2018 and 2021. SPSS was used to process the data, and the following data analysis techniques were used: descriptive statistics, standard assumption tests (normality, multicollinearity, heteroscedasticity, and autocorrelation), and hypothesis testing (multiple linear regression analysis, F test, T test, and test the coefficient of determination). The results of this study are as follows: Profitability has a positive and quite large effect on company growth, while the level of debt and company size has a small effect. The liquidity ratio has no effect on business growth. As a result, businesses need to pay more attention to their growth rates because knowing how a company is growing and competing with other businesses requires this information. In addition, it is important to keep sales growing year after year to ensure that profits increase every year.