TY - JOUR AU - Lanemey Pandeirot AU - Elvis Sumanti AU - Andrew Aseng PY - 2022/12/30 Y2 - 2024/03/28 TI - An Empirical Study of Quick Ratio and Profitability on Manufacturing Firms in Indonesia JF - Society JA - society VL - 10 IS - 2 SE - Research Articles DO - 10.33019/society.v10i2.470 UR - https://society.fisip.ubb.ac.id/index.php/society/article/view/470 AB - This study intended to test the effect of the quick ratio on manufacturing firms’ profitability in Indonesia. To measure the profitability, three dependent variables were used: Net Profit Margin (NPM), Return On Assets (ROA) and Return On Equity (ROE). Several variable controls were used: firm size, variability in net operating income, sales growth, gross domestic product growth, and leverage. A total of 158 manufacturing firms with published financial statements from 2012 to 2016 were analyzed using a regression method. It is found that quick ratio has positive effects on manufacturing firms’ NPM and ROA. However, the same effect is not found on ROE. ER -