The Impact of Financial Ratios on the Profit Growth of Transportation and Logistics Companies Listed on the Indonesia Stock Exchange for the Period 2017-2022

Abstract

This study examines the impact of Liquidity Ratio, Leverage Ratio, Profitability Ratio, and Activity Ratio on predicting profit growth for companies in the transportation and logistics sector listed on the Indonesia Stock Exchange. A quantitative research method was used, analyzing financial statements from 37 companies. Through purposive sampling, a sample of 17 companies was selected, covering a 6 year period, totaling 102 observations. Data analysis was performed using multiple linear regression with SPSS 26. The results show that Liquidity Ratio and Activity Ratio have a significant negative impact on profit growth, while Leverage Ratio and Profitability Ratio do not significantly affect profit growth.