Abstract :
This research aims to find out how much influence financial ratios have on changes in
profits in pharmaceutical companies. This known influence is partial and simultaneous
on changes in profits. This type of research is quantitative which is used to determine
the population and sample size according to certain criteria. In this research, the sample
was determined using purposive sampling, namely by going through several
predetermined criteria. As for the sample, there are 8 pharmaceutical companies listed
on the IDX in the 2019-2023 period. For data analysis that will be used is panel data
regression analysis using the Eviews 12 test tool. The model chosen is the Common
Effect Model. From the results of this test it can be concluded that the Current Ratio
partially has no significant effect on Changes in Profit. Debt to Equity Ratio partially
has no significant effect on Changes in Profit. Return on Assets partially has a
significant effect on Changes in Profit. Partial Total Asset Turnover does not have a
significant effect on Profit Changes.
Keywords: Current Ratio, Debt to Equity Ratio, Return on Assets, Total Asset
Turnover, Changes in Profit.