Analisis pengaruh debt to equity ratio, working capital to total asset, total asset turnover, net profit margin terhadap pertumbuhan laba pada perusahaan farmasi yang terdaftar di Bursa Efek Indonesia periode 2015 - 2019

This study aims to analyze the effect of Debt to Equity Ratio, Working Capital to Total Asset, Total Asset Turnover, and Net Profit Margin on profit growth of pharmaceutical companies. This research uses a causative method with a quantitative approach. The data is obtained from the documentation of financial statements processed for five years, starting from 2015-2019 with a ratio scale. The analysis technique used is multiple linear regression with IBM SPSS version 25 as an analysis tool. The results showed that the Debt to Equity Ratio had a significant negative effect on profit growth with the proportion of 10.93%. Working Capital to Total Asset has a significant negative effect on profit growth with the proportion of 6.65%. Total Asset Turnover does not have a significant effect on profit growth with the proportion of -1.20%. Net Profit Margin has a significant positive effect on profit growth with the largest proportion, namely 58.71%. Meanwhile, 24.9% profit growth is influenced by other variables which are not examined. Simultaneously all independent variables have a significant influence on profit growth by 75.1%.