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Pengaruh Current Ratio Dan Debt To Asset Ratio Terhadap Return On Asset Ratio Pada Pt Ramayana Lestari Sentosa Tbk Periode 2012-2024 Indah Puji Lestari; Riski Dwi Nugroho
JURNAL ILMIAH EKONOMI DAN MANAJEMEN Vol. 4 No. 6 (2026): JUNI
Publisher : CV. KAMPUS AKADEMIK PUBLISING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61722/jiem.v4i6.11207

Abstract

Abstract - This study aims to determine the effect of the Current Ratio (CR) and Debt-to-Asset Ratio (DAR) on the Return on Assets (ROA) of PT Ramayana Lestari Sentosa Tbk for the period 2012–2024, both partially and simultaneously. Thus, the financial statements of PT Ramayana Lestari Sentosa Tbk were obtained. The analytical methods used in this study include descriptive statistical analysis, classical assumption tests, simple linear regression analysis, multiple linear regression analysis, the coefficient of determination (Adjusted R²), t-tests, and F-tests using SPSS Version 27. The results of this study indicate that, when analyzed individually, the Current Ratio and Debt-to-Asset Ratio have significance values of 0.5865 > 0.05 and 0.021 < 0.05, respectively. The calculated t-values for each are also below the critical t-value (2.228), namely -0.314 and -2.883. This indicates that the Current Ratio does not have a significant partial effect on Return on Assets, while the Debt to Asset Ratio has a significant negative effect on Return on Assets. Simultaneously, the Current Ratio and Debt-to-Asset Ratio variables influence Return on Assets with a significance level of 0.021 < 0.05. The Adjusted R-Square value is 0.448. This indicates that the Current Ratio and Debt to Asset Ratio variables together account for 44.8% of the variation in Return on Assets, while the remaining 55.2% is explained by other variables outside the research model that were not examined in this study.
EVALUASI KINERJA KEUANGAN BANK BPD BALI BERDASARKAN RASIO PROFITABILITAS (PERIODE 2020-2024) Jamaludin Jamaludin; Riski Dwi Nugroho
EQUILIBRIUM: JURNAL PENELITIAN PENDIDIKAN DAN EKONOMI Vol. 23 No. 01 (2026): Equilibrium: Jurnal Penelitian Pendidikan dan Ekonomi
Publisher : Department of Economic Education, Faculty of Teacher Training and Education, the University of Kuningan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25134/8wfrxj31

Abstract

BPD Bali plays a strategic role in regional economic development. Therefore, it is essential to maintain healthy and sustainable financial performance to support regional economic stability and growth. This study aims to evaluate the financial performance of Bank Pembangunan Daerah (BPD) Bali based on profitability ratios, namely Return on Assets (ROA), Return on Equity (ROE), Net Interest Margin (NIM), and Operating Expenses to Operating Income (BOPO) during the 2020–2024 period. The research approach used is descriptive quantitative with evaluative analysis. Data are sourced from Bank BPD Bali's annual financial reports, which are processed to calculate profitability ratios and compared with Indonesian banking industry standards. The analysis was conducted to assess the bank's ability to generate profits and its operational efficiency. The results show that BPD Bali's ROA and ROE are in the "Very Healthy" category, with averages of 2.04% and 17.22%, respectively, indicating effective asset and capital management. While the NIM fluctuated significantly, particularly in 2022–2023, the five-year average of 3.90% is considered "Healthy." Meanwhile, BOPO (Operating Inefficiency) showed high operational inefficiency, with an average of 1,029.45%, categorized as "Unhealthy," indicating significant operating cost pressure relative to operating income. Overall, BPD Bali has consistently generated profits, but operational efficiency improvements are needed to maintain sustainable profitability.