The Influence Of Debt To Equity Ratio (DER) And Net Profit Margin (NPM) To Changes In Earnings In Construction And Building Sub-Sector Companies Listed In Indonesia Stock Exchange 2016-2019

Abstract

This study aims to examine and analyze the influence of Debt To Equity Ratio(DER) and Net Profit Margin (NPM) to changes in Earnings in Construction and Building Sub-Sector Companies listed in Indonesia Stock Exchange 2016-2019. A sample of 40 data were obtained using purposive sampling method. This research used a quantitative approach with associative research type. Data analysis method used is multiple linear regression method.The results show that partially the Debt To Equity Ratio has a statistically significant negative effect to change in Earnings, this is indicated by the results of the t test for the variable DER -15.149> 2.026 and Net Profit Margin. statistically significant effect to changes in Earnings as indicated by the t test for the variable NPM 5,753> 2,026. Simultaneously, Debt to Equity Ratio and Net Profit Margin have a significant effect simultaneously to changes in Earnings, this is indicated by the significance of the F test of 0.000 <0.05

Pengaruh Likuiditas, Leverage, Ukuran Perusahaan Dan Pertumbuhan Penjualan Terhadap Profitabilitas

“…Jika kewajiban jangka panjangnya tidak dapat dipenuhi, maka perusahaan disebut sebagai perusahaan yang tidak solvabel, di mana jumlah total utangnya melebihi total asetnya (Wijayanto & Putri, 2018). Dalam ketentuan Rasio Keuangan, DER yang baik setidaknya bernilai lebih dari 1 (DER > 1), menilai bahwa perusahaan mampu membayar utang jatuh tempo dan dapat berkelanjutan dengan modal yang ada (Rizky & Aryani, 2020). Rasio utang yang tinggi mencerminkan bahwa perusahaan memanfaatkan jumlah utang yang signifikan dalam mendukung kegiatan operasionalnya (Dewi et al, 2019).…”