Abstract:
The purpose of this study is to examine and analyze the effect of liquidity
and leverage on profitability in manufacturing companies in the healthcare sub
sector listed on the Indonesia Stock Exchange during the 2022-2024 period. In
this study, the author used an associative approach with quantitative research and
secondary data sources obtained from the companies' annual financial reports
published on the Indonesia Stock Exchange. Data collection used documentation.
The sampling technique used census sampling, resulting in a sample of 30
observations. The data analysis techniques used in this study included descriptive
statistics, classical assumption tests, multiple linear regression, hypothesis testing,
and coefficient of determination tests using SPSS. The results indicate that
partially, liquidity has a positive and significant effect on profitability, while
leverage has no significant effect. Simultaneous results indicate that both liquidity
and leverage have a positive and significant effect on profitability.
