The Effect of Current Ratio and Debt To Asset Ratio on Net Profit Margin in PT. Pos Indonesia (Persero) Period 2010-2021

Abstract

This study aims to determine the Effect of Current Ratio, Debt To Asset Ratio on Net Profit Margin of PT Pos Indonesia (Persero) for the 2010-2021 period. The method in this study uses a quantitative approach with the help of SPSS 26 software. The population in this study is the financial statements of PT Pos Indonesia (Persero). The data analysis techniques used are descriptive statistical analysis, classical assumption test, simple linear regression test, multiple linear regression test, hypothesis test through t test and F test, and determination coefficient test. The results showed that the current ratio has a significant effect on Net Profit Margin with a calculated value of 2.262>ttable 2.278 and a significance of 0.049. Debt to asset ratio has no effect on Net Profit Margin, with a calculated value of 2.262<ttable 2.278 and a significance value of 0.132 < 0.05. Simultaneous testing shows that the Current Ratio and Debt To Asset Ratio have a significant effect on Net Profit Margin, with a calculated value of 8,678 > FTabel 4,260 and a significance value of 0.008 < 0.05. The coefficient of dermination R. Square shows 65.9% Current Ratio and Debt To Asset Ratio affects Net Profit Margin.