The Effect of Current Ratio, Debt to Equity Ratio, and Total Asset Turnover on Profit Growth in the Technology

This study examines the associations of Current Ratio (CR), Debt to Equity Ratio (DER), and Total Asset Turnover (TATO) with profit growth among technology companies listed on the Indonesia Stock Exchange. The reported multiple regression uses 48 observations. DER is positively associated with profit growth (B = 2.244; p = 0.005), whereas CR (p = 0.197) and TATO (p = 0.314) are not statistically significant. The overall regression is significant (F = 3.124; p = 0.035), although its explanatory power is modest (R² = 0.176). A Kolmogorov–Smirnov test (p = 0.032) raises a concern regarding residual normality. Findings should be interpreted as associations and verified against the underlying firm-year data.