Analysis Of The Effect Of Debt To Equity Ratio And Gross Profit Margin On Profit Growth At Pt Bekasi Asri Pemula Tbk

Anisa; M. Rimawan; Nafisa Nurulrahmatiah

doi:10.63922/ijebir.v5i04.4206

Anisa Study Program of Management, Sekolah Tinggi Ilmu Ekonomi (STIE) Bima
M. Rimawan Study Program of Management, Sekolah Tinggi Ilmu Ekonomi (STIE) Bima
Nafisa Nurulrahmatiah Study Program of Management, Sekolah Tinggi Ilmu Ekonomi (STIE) Bima

DOI: https://doi.org/10.63922/ijebir.v5i04.4206

Keywords: Debt to Equity Ratio, Gross Profit Margin, Profit Growth

Abstract

This study aims to analyze the effect of the Debt to Equity Ratio (DER) and Gross Profit Margin (GPM) on profit growth at PT Bekasi Asri Pemula Tbk for the period 2015–2024. The research employs an associative design with a quantitative approach. The population consists of PT Bekasi Asri Pemula Tbk's financial statements over 16 years (2008–2024), with a sample covering the 2015–2024 period selected through purposive sampling. Secondary data in the form of annual financial statements were obtained from the company's official website. Data analysis techniques include classical assumption tests (normality, multicollinearity, heteroscedasticity, and autocorrelation), multiple linear regression analysis, and hypothesis testing using the t-test and F-test processed with SPSS version 26. The results indicate that partially, DER has no significant effect on profit growth (sig. value 0.712 > 0.05), and GPM likewise has no significant effect on profit growth (sig. value 0.850 > 0.05). Simultaneously, DER and GPM have no significant effect on profit growth (sig. value 0.772 > 0.05). The coefficient of determination (R²) of 0.071 shows that both independent variables explain only 7.1% of the variation in profit growth, while the remaining 92.9% is influenced by other factors outside the research model.

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