Nurmasari , Ifa
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Pengaruh Debt To Equity Ratio (Der) Dan Debt To Asset Ratio (Dar) Terhadap Return On Equity (Roe) Pada PT Barito Pasific Tbk Periode 2014-2024 Martines, Lina; Nurmasari , Ifa
KREATIF : Jurnal Ilmiah Prodi Manajemen Universitas Pamulang Vol. 13 No. 1 (2025): KREATIF
Publisher : Prodi Manajemen Fakultas Ekonomi Universitas Pamulang

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Abstract

This study aims to analyze the effect of Debt to Equity Ratio (DER) and Debt to Asset Ratio (DAR) on Return on Equity (ROE) at PT Barito Pasific Tbk during the period 2014-2024. The method used is quantitative with multiple linear regression analysis. The results of the multicollinearity test indicate that there is no multicollinearity between independent variables, with tolerance and VIF values that meet the assumptions. The heteroscedasticity test shows that the data meets the required assumptions, while the Run-Test test shows that there is no autocorrelation. The resulting regression equation is Y = 23.477 + - 0.020 X1 – 0.291 X2 + e, which indicates that Debt to Equity Ratio (DER) is negatively related to Return on Equity (ROE) and Debt to Asset Ratio (DAR) is negatively related to Return on Equity (ROE). The analysis results show that Debt to Equity Ratio (DER) and Debt to Asset Ratio (DAR) together contribute 42% to Return on Equity (ROE), while the rest is influenced by other factors. The t-test shows that Debt to Equity Ratio (DER) and Debt to Asset Ratio (DAR) do not have a significant effect. The F-test also confirms that Debt to Equity Ratio (DER) and Debt to Asset Ratio (DAR) together have no significant effect on Return on Equity (ROE). This research provides useful insights for companies and investors in making financial decisions Keywords : Debt to Equity Ratio, Debt to Asset Ratio, Return on Equity, Capital Structure, Financial Performance