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Pengaruh Rasio Hutang dan Ukuran Perusahaan terhadap Kinerja Keuangan Perusahaan Kusumawardini, Anggi Putri; Lestari, Indah; Sukiati, Wiwin; Leviany, Tevi; Handayani, Wuri
Ekonomi, Keuangan, Investasi dan Syariah (EKUITAS) Vol 7 No 3 (2026): February 2026
Publisher : Forum Kerjasama Pendidikan Tinggi (FKPT)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47065/ekuitas.v7i3.7918

Abstract

This study aims to examine the effect of leverage, measured by the Debt to Asset Ratio (DAR), and firm size on financial performance, proxied by Return on Assets (ROA). The research applies a quantitative method with secondary data obtained from the official website of the Indonesia Stock Exchange (www.idx.co.id). The population consists of 29 construction sub-sector companies listed on the Indonesia Stock Exchange (IDX) during the 2020–2022 period. Using purposive sampling, 10 companies that met the research criteria were selected. Data were analyzed using multiple linear regression with the aid of EViews 12 software. The findings reveal that, partially, leverage (DAR) has no effect on financial performance, whereas firm size has a significant effect. Simultaneously, leverage and firm size significantly influence financial performance by 85%. These results highlight that firm size plays a crucial role in improving profitability, while the impact of leverage requires further contextual consideration.
Co-Authors ADI SETIADI Aji Winara Al Ghifari, Muhammad Taufiq Akbar AlBanna, Mukhtar Najib Aliana, Wulan Sukma Alimatus Sahrah Amirul Fitria Adila Andi Andi Aprilia, Rustina Arif Hidayat Ayu Usada Rengkaningtias Bambang Rustandi, Bambang Bambang Sunardi Bambang Sunardi, Bambang Bayu Prasetyo, Bayu Budi Legowo Darodjat, Darodjat Darsono Darsono Dea Mutiara Jannah DEWI SARTIKA Dharma, Ida Bagus Rai Satria Djoko Mulyanto Dwi Budi Susanti Dyah Nurhayati Eko Suroso Eko Suroso Elin B. Somantri ENDANG NURHAYATI Endra Murti Sagoro Fathunajah Elsha Christalianingsih Fatimah, Andini Nur Fauzi Abdillah Fidesrinus, Fidesrinur Fikri Disyacitta Fikrianoor, Kahfi Fitra, Annisa Gigin Ginanjar Habra, Mhd Dani Hana Rosyida Helena, Nahda Helena Sekarsari Heni Kurniawati Hery Setiawan, Hery Indah Enggar Pratiwi Indah Lestari, Indah Indratirini Indratirini Ismail, Muhammad Taofik Kartika, Sherina Dwi Kharismawaty, Rahayu Khoirunisa, Wafiq Khoirunnisa, Salma Kuntoro Kuntoro Kurniawati, Heni Kusumawardini, Anggi Putri Laily Nurlina Laksana, Novianto Yudha Laowo, Syukur Jaya Latoe, Vega Anindhitha Leviany, Tevi Lubis, Imam Sofyan Mansir, Firman Melda Gian Priyanita Mohammad Nurcholis, Mohammad Mokhamad mahroji Muammar Haidar Hakim Muhamad Padilah , Piki Munif, Muhammad Robiul Mustakini, Jogiyanto Hartono Mutiara Dewi, Ita Nabila Syamsa, NabilaSyamsa Nadzari, Puput Fatikhah Najmadini, Arini Nana Dyana Ningrum, Dela Octavia Novianggraeni1, Melani Nugroho Budi Wibowo Nuraini, Risna Wahyu Nurfathonah, Selvia Septiani Nurpatwikanto, Widyo Pamungkas, Onok Yayang Pratama, Irfan Pratiwi Wahyu Widiarti Pratiwi, Devi Pryla Rochmahwati Purbosari, Riris Putri, Anis Putri, Aufa Nurristi Rahmawati, Syifa Ratino Ratino Ratna Ekawati Ricky Agusiady Rina Fitriana Rohmah, Yuli Fajar Rolanisa, Prila Eki Rombe, Selvi Darlin Ruhiyat, Endang Ruseka, Fahmi Damarjati Sa diyah, Maemunah Safitri, Maylialfinatun Salafian, Jen Sampe, Yusfina Yunus Saputra, Nur Ahmad Saputro, Eko Prasetyo Nugroho Sarbino Sarbino Sari, Gita Indah Setyo Yanuartuti SETYO YANUARTUTI Siti Faridah Sony Warsono Sudarti Sudarti Suhandi, Tjetjep Sukiati, Wiwin Sunarso Sunarso Suryo, Medianto Susanti, Bety Hayat Susanti, Dwi Budi Syarief Hidayat Thaqibul Fikri Niyartama Triananda, Aldi Heru TRIS HARIS RAMADHAN Tumanggor, Mutawaqil Bilah Ulfa, Dian Maria Umi Pratiwi, Umi Utami, Rizky Widya Vani Indra Pramudianto Vidya Ayuningtyas Windarta, Susila Yelni Rahmawati Yoni, Aisa Yonky Indrajaya