Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Escalate : Economics and Business Journal
Nita Asari
Pamulang University
Economics, Econometrics & Finance

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
The Effect of Cash Flow Adequacy Ratio (CFAR) and Debt Service Coverage Ratio (DSCR) on Earnings Per Share (EPS) at PT Gajah Tunggal Tbk for the 2015-2024 Period Nita Asari; Arif Surahman
Escalate : Economics and Business Journal Vol. 4 No. 3 (2026): Escalate : Economics and Business Journal
Publisher : Takaza Innovatix Labs Ltd.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61536/escalate.v4i3.756

Abstract

PT Gajah Tunggal Tbk has experienced financial performance dynamics reflected in changes in cash flow adequacy, debt repayment capacity, and earnings per share. These conditions highlight the importance of analyzing the relationship between the Cash Flow Adequacy Ratio (CFAR), Debt Service Coverage Ratio (DSCR), and Earnings Per Share (EPS). This study aims to analyze the effect of CFAR and DSCR on EPS at PT Gajah Tunggal Tbk during the 2015–2024 period. This research employed a descriptive quantitative approach using secondary data obtained from the company’s financial statements. The sample was determined using saturated sampling. Data were analyzed using multiple linear regression with SPSS, supported by classical assumption tests, partial tests, and simultaneous tests. The results indicate that CFAR does not have a significant effect on EPS, while DSCR has a significant effect on EPS. Simultaneously, CFAR and DSCR have a significant effect on EPS. Debt repayment capacity plays an important role in determining EPS, while cash flow adequacy does not show a significant partial effect. Simultaneously, both variables contribute to changes in the company’s EPS.
Co-Authors Arif Surahman