ANALISIS RASIO KEUANGAN DALAM MEMPREDIKSI PERTUMBUHAN LABA PADA PERUSAHAAN KOSMETIK DI BURSA EFEK INDONESIA (BEI)

Abstract

Cosmetics industry in Indonesia is being challenged because of the influx of imported
cosmetics. Sales of imported cosmetics in Indonesia increased by 30% during 2011-2013. This
increase was not so affect the profits earned by the cosmetic industry in Indonesia. The purpose
of this study is to obtain empirical evidence about the effect of financial ratios in predicting
earnings growth in the cosmetic companies in Indonesia Stock Exchange (IDX). In this case the
researchers used quantitative secondary data in the form of financial statements cosmetics
company listed in Indonesia Stock Exchange (IDX) sourced from the Indonesian Capital Market
Directory (ICMD). Researchers using panel data on cosmetics company year period 2002-2012.
The analysis model is a multiple regression analysis with the program Eviews 5.
The results of testing the hypothesis of this study found that the variable Debt Ratio (DR),
Current Ratio (CR), and Gross Profit Margin (GPM) no significant effect on earnings growth.
Keywords : Earnings Growth, Debt Ratio (DR), Current Ratio (CR), Gross Profit Margin
(GPM)