Analisis Determinan Net Profit Margin Pada Perusahaan Property Dan Real Estate
Keywords:
Total_Assets_Turnover, Fixed_Assets_Turnover, Net_Profit_MarginAbstract
Tujuan penelitian ini untuk mengetahui pengaruh Total Assets Turnover (TATO) terhadap Net Profit Margin (NPM), untuk mengetahui pengaruh Fixed Assets Turnover (FATO) terhadap Net Profit Margin (NPM), dan untuk mengetahui pengaruh Total Assets Turnover (TATO) dan Fixed Assets Turnover (FATO) terhadap Net Profit Margin (NPM) baik secara parsial maupun simultan pada perusahaan Property dan Real Estate yang terdaftar di Bursa Efek Indonesia. Dari Hasil uji t diketahui nilai 2.002 sedangkan nilai antara Total Assets Turnover (TATO) terhadap Net Profit Margin (NPM) adalah 5.136, nilai antara Fixed Assets Turnover (FATO) terhadap Net Profit Margin (NPM) adalah -3.656, dari hasil uji F diketahui adalah 3.160 sedangkan adalah 16.694, dari hasil Koefisien Determinasi diperoleh nilai R-Square yaitu 0.437% atau 43.7%. Berdasarkan hasil penelitian diketahui variabel Total Assets Turnover memiliki pengaruh yang signifikan terhadap Net Profit Margin dan variabel Fixed Assets Turnover juga memiliki pengaruh yang signifikan terhadap Net Profit Margin. Secara simultan variabel Total Assets Turnover dan Fixed Assets Turnover berpengaruh signifikan terhadap Net Profit Margin pada Perusahaan Jasa dibidang Property dan Real Estate yang terdaftar di Bursa Efek Indonesia.
References
Barus, M., Sudjana, N., & Sulasmiyati, S. (2017). The Use of Financial Ratios to Measure the Company's Financial Performance (Studies At PT. Astra Otoparts, Tbk and PT. Goodyer Indonesia, Tbk which are Go Public on the Indonesia Stock Exchange). Journal of Business Administration S1 Universitas Brawijaya, 44(1), 154–163.
Brigham, EF, & Houston, JF (2010). Financial Management Eighth Edition. Jakarta: Erlangga.
Darsono, & Ashari. (2015). Practical Guidelines for Understanding Financial Statements. yogyakarta: ANDI.
Dewa, AP, & Sitohang, S. (2015). Financial Performance Analysis of PT. Indofood Sukses Makmur TBK on the Indonesia Stock Exchange. Journal of Management Science and Research, 4(3), 1–12.
Fahmi, I. (2014). Introduction to Financial Management. Bandung: Alphabeta.
Fajrin, PH, & Laily, N. (2016). Profitability and Liquidity Analysis of the Financial Performance of PT. Indofood Sukses Makmur, Tbk. Journal of Management Science and Research, 5(6), 1–18.
Fidhayatin, SK, & Uswati Dewi, NH (2012). Analysis of company value, company performance and company growth opportunities on stock returns in manufacturing companies listed on the stock exchange. The Indonesian Accounting Review, 2(2), 203–214.
Handoko, TH (2014). Management. yogyakarta: BPFE.
Harahap, S. (2010). Critical Analysis of Financial Statements (First). Jakarta: Raja Grafindo Persada.
Harry. (2015). Management Performance Analysis. Jakarta: PT Gramedia Widiasarana Indonesia.
Horne, JC Van, & John M. Wachowicz, J. (2012). Financial Management Principles. Edition 13. Jakarta: Salemba Empat.
Ismayanti, & Hanafi. (2014). .Financial management. yogyakarta: BPFE.
Friday. (2016). Analysis of financial statements. Jakarta: Rajawali Press.
cashmere. (2014). Financial Statement Analysis. Jakarta: Raja Grafindo Persada.
Laila, N. (2017). Financial Statement Analysis as a Tool for Evaluating Financial Performance at PT. Wijaya Karya (Persero) Tbk and PT. Waskita Karya (Persero) Tbk. Journal of Business Administration, 5(3), 577–588.
Munawir. (2010). Analysis of financial statements. Jakarta: Salemba Empat.
Munawir. (2012). Financial Accounting and Management. yogyakarta: BPFE.
Murhadi, WR (2015). Analysis of Projected Financial Statements and Stock Valuation. Jakarta: Salemba Empat.
Muslih, M. (2019). The Effect of Cash Turnover and Liquidity (Current Ratio) on Profitability (Return On Assets). Krisna : Collection of Accounting Research, 11(1), 47–59.
Pongoh, M. (2013). Financial Statement Analysis to Assess Financial Performance of PT. Bumi Resources Tbk. Emba's Journal, 1(3), 669–679.
Prastowo, D. (2015). Financial Statement Analysis Concepts and Applications. yogyakarta: UPP STIM YKPN.
Rambe, MF (2013). Effect of Capital Structure and Profitability on Debt Policy in Food and Beverage Companies in Indonesia. Scientific Journal of Management and Business, 13(1), 85–97.
Riyanto, B. (2012). Corporate Spending Fundamentals. yogyakarta: BPFE.
Saragih, F. (2013). Profitability Ratio Analysis In Assessing Company Financial Performance At Pt. Port of Indonesia I (Persero) Medan. Economist: Journal of Economics and Development Studies, 57–68.
Sartono. (2011). Financial Management (Theory and Application). yogyakarta: BPFE.
Sawir, A. (2009). Financial Performance Analysis and Corporate Financial Planning. Jakarta: PT. Main Library Gramedia.
Siregar, QR (2016). The Influence of Inventory Turnover and Accounts Receivable Turnover on Liquidity in Automotive Companies Listed on the Indonesia Stock Exchange for the 2010-2013 Period. Scientific Journal of Management and Business,
Sudana, IM (2011). Corporate Financial Management Theory & Practice. Jakarta: Erlangga.
Sugiyono. (2012). Business Research Methods. Bandung: Alphabeta.
Wild, J., Subramanyam, KR, & Halsey, RF (2012). Financial Statement Analysis. Eleventh Edition, Book One. Jakarta: Salemba Empat.
Yusa, FF (2016). Analysis of Liquidity Ratios and Profitability Ratios in Order to Improve Financial Performance (Case of Cosmetics and Household Goods Companies Listed on the Indonesia Stock Exchange. Jom Fisip, 3(2), 1–13.