Moh. Zusfi Wahyu Finansah
Universitas PGRI Adi Buana Surabaya

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

Found 1 Documents
Search

The Effect of Total Asset Turnover (TATO) and Debt to Equity Ratio (DER) on Return on Assets (ROA) in Transportation and Logistics Companies Listed on the Indonesia Stock Exchange in 2022-2025 Muhammad Syahrul Indrianto; Muhammad Whenda Langgeng Shalahiar; Moh. Zusfi Wahyu Finansah; Yuni Sukandani
Escalate : Economics and Business Journal Vol. 4 No. 02 (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.v4i02.640

Abstract

This study aims to analyze the effect of Total Asset Turnover (TATO) and Debt to Equity Ratio (DER) on Return on Assets (ROA) in transportation and logistics companies listed on the Indonesia Stock Exchange for the 2022–2025 period. This study uses a quantitative method with an associative causal approach. The population consisted of seven transportation and logistics companies listed on the Indonesia Stock Exchange, with saturated sampling used to select all companies as the research sample. Secondary data were obtained from annual financial reports and analyzed using multiple linear regression, classical assumption tests, and hypothesis testing with SPSS. The results showed that TATO and DER partially had a significant effect on ROA. Simultaneously, TATO and DER had a significant effect on ROA in transportation and logistics companies during the 2022–2025 period