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PENGARUH WORKING CAPITAL TURNOVER (WCT) DAN DEBT TO EQUITY RATIO (DER) TERHADAP RETURN ON ASSETS (ROA) PADA PT. MUSTIKA RATU TBK NABILLA SELVILAM SA’IDAH; NURUL HUDA; JUWANI JUWANI
GANEC SWARA Vol 18, No 3 (2024): September 2024
Publisher : Universitas Mahasaraswati K. Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35327/gara.v18i3.919

Abstract

This research aims to examine the influence of Working Capital Turnover (WCT) and Debt To Equity Ratio (DER) on Return On Assets (ROA) at PT. Mustika Ratu Tbk during the period from 2011 to 2022. The data used in this study are secondary data in quantitative form. The research instrument used includes tables covering current assets, total assets, current liabilities, total liabilities, total equity, sales, and net profit after tax. The population for this study covers 15 years (2008-2022), with a sample of 12 years (2011-2022). The sampling technique used is purposive sampling. Data collection methods involve documentation and literature review. The data analysis techniques employed include classical assumption tests, multiple linear regression, t-tests, and F-tests.The results of the analysis indicate that WCT has a significant partial effect on ROA, suggesting that the efficiency of working capital utilization affects the company's ability to generate profit from its total assets. Additionally, DER also has a significant partial effect on ROA, indicating that the company's capital structure influences its profitability. WCT and DER together have a significant simultaneous effect on ROA. This study contributes to understanding the factors influencing corporate financial performance and their relevance in managerial decision-making.
Pengaruh Dana Pihak Ketiga Dan Kredit Bermasalah Terhadap Profitabilitas Pada Sub Sektor Perbankan Yang Terdaftar Di Bursa Efek Indonesia Naurah Islami Pasha; Alwi Alwi; Juwani Juwani
EBISMA : Jurnal Ekonomi, Bisnis, Manajemen dan Akuntansi Vol. 1 No. 02 (2025): EBISMA: Jurnal Ekonomi, Bisnis, Manajemen dan Akuntansi
Publisher : EBISMA : Jurnal Ekonomi, Bisnis, Manajemen dan Akuntansi

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Abstract

This study aims to analyze the effect of third party funds (DPK) and non-performing loans (NPL) on bank profitability proxied through Return on Assets (ROA) in the banking sub-sector listed on the Indonesia Stock Exchange (IDX), especially in the Bank Group Based on Core Capital (KBMI) IV which includes Bank Mandiri, BRI, BCA, and BNI during the 2019-2023 period. The method used is a quantitative approach with multiple linear regression testing and classical assumption testing. The results showed that partially, DPK has a positive and significant effect on ROA, while NPL has a negative and significant effect on ROA. Simultaneously, both variables also have a significant effect on ROA. The findings indicate that the effectiveness of fund raising and credit risk management are key factors in improving bank financial performance in the Indonesian banking sector.
The Effect of Third-Party Funds (TPF) and Loan to Deposit Ratio (LDR) on Net Interest Margin (NIM) at PT Danamon Indonesia Tbk. Nurul Hikmah; Nafisah Nurul Rahmatir; Juwani Juwani
EBISMA : Jurnal Ekonomi, Bisnis, Manajemen dan Akuntansi Vol. 2 No. 01 (2025): EBISMA : Jurnal Ekonomi, Bisnis, Manajemen dan Akuntansi
Publisher : EBISMA : Jurnal Ekonomi, Bisnis, Manajemen dan Akuntansi

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Abstract

This study aims to analyze the effect of Third-Party Funds (TPF) and Loan to Deposit Ratio (LDR) on Net Interest Margin (NIM) at PT Bank Danamon Indonesia Tbk. A quantitative approach with multiple linear regression was employed using annual financial reports for the period 2019–2023. Classical assumption tests were conducted, including normality, multicollinearity, heteroscedasticity, and autocorrelation tests. The results indicate that TPF has a positive and significant effect on NIM, while LDR does not have a significant effect. However, simultaneously, TPF and LDR significantly influence NIM with a coefficient of determination (R²) of 78.6%, indicating that most variations in NIM can be explained by these two variables. These findings emphasize the dominant role of TPF mobilization in enhancing bank profitability.