Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Jurnal Ekonomi, Manajemen, dan Bisnis
Waluyo Jati
Faculty of Economy and Business, Pamulang University, Indonesia
Economics, Econometrics & Finance

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

Found 1 Documents
Search

 1 
Evaluating Asset Efficiency and Liquidity in Driving Return on Investment:  A Case Study of  PT Hanjaya Mandala Sampoerna Tbk Intan Sari Budhiarjo; Iriana Kusuma Dewi; Waluyo Jati; Friska Disty Anindia
Jurnal Ekonomi, Manajemen, dan Bisnis Vol. 4 No. 3 (2026): Jurnal Ekonomi, Manajemen dan Bisnis
Publisher : Lembaga Penelitian dan Pendidikan (LPP) Kalibra

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70716/emis.v4i3.835

Abstract

Financial performance plays a crucial role in supporting company sustainability and profitability within the tobacco manufacturing industry. Therefore, understanding the factors influencing profitability is crucial, particularly Total Assets Turnover and Current Ratio. This study aims to analyze the influence of Total Assets Turnover and Current Ratio on Return on Investment at PT Hanjaya Mandala Sampoerna Tbk. The study employed a descriptive quantitative approach using secondary data gathered from the company's annual financial reports. The study sample comprised 10 years of observation. Data were analyzed using multiple linear regression conducted through the EViews 14 software. The results showed that Total Assets Turnover had a significant effect on Return on Investment, while Current Ratio also had a significant effect on Return on Investment. Furthermore, Total Assets Turnover and Current Ratio simultaneously had a significant effect on Return on Investment. The R-squared value of 0.838453 indicates that 83.84% of the variation in Return on Investment can be explained by these two independent variables. These findings suggest that enhancing company profitability can be achieved through optimizing asset efficiency and managing liquidity effectively.
Co-Authors Friska Disty Anindia Intan Sari Budhiarjo Iriana Kusuma Dewi