DETERMINAN KINERJA KEUANGAN TERHADAP PERTUMBUHAN LABA DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERASI PADA PERUSAHAAN SUB SEKTOR FOOD & BEVERAGE PERIODE 2019-2024

Abstract

This research aims to determine the effect of Quick Ratio and Debt to Equity Ratio on Profit Growth, as well as the role of Firm Size as a moderating variable in companies in the Food and Beverage sub-sector listed on the Indonesia Stock Exchange for the period 2019–2024. The research method used is an associative quantitative method. The data analysis techniques employed include descriptive statistical analysis, classical assumption tests, hypothesis testing using panel data regression and moderated regression analysis (MRA), and the coefficient of determination. The results show that, partially, the Quick Ratio does not significantly affect Profit Growth with a significance value of 0.9357 > 0.05 and tcount < ttable (0.080958 < 1.98447). Meanwhile, the Debt to Equity Ratio has a significant negative effect on Profit Growth with a significance value of 0.0000 < 0.05 and tcount ǀ-4.941005ǀ > ttable 1.98447, and the coefficient of determination shows that the Quick Ratio and Debt to Equity Ratio variables can explain 21.43% of the Profit Growth variable, while the remaining 78.57% is explained by other variables not examined in this study. For the moderation test, Firm Size was not able to moderate the effect of Quick Ratio or Debt to Equity Ratio on Profit Growth.