Journal of Industrial Engineering & Management Research (JIEMAR)
Vol. 2 No. 1 (2021): February 2021

Influence of Debt To Total Asset Ratio (DAR) Current Ratio (CR) and Total Asset Turnover (TATO) on Return On Asset (ROA) and Its Impact on Stock Prices on Mining Companies on the Indonesia Stock Exchange in 2008-2017

ZAMAN, MUHAMAD BADRU (Unknown)



Article Info

Publish Date
11 Feb 2021

Abstract

This study aims to determine the effect of Debt To Total Asset Ratio (DAR) Current Ratio (CR) and Total Asset Turnover (TATO) on Return On Asset (ROA) and Its Impact on Stock Prices on Mining Companies on the Indonesia Stock Exchange in 2008-2017.Data collection was carried out by taking secondary data in the form of 8 companies' financial statements for the period 2008 - 2017 where financial statements were made panel data and processed with software Eviews 9.0. The analytical method used is an associative descriptive analysis. Data analysis includes data feasibility tests, regression analysis, and hypothesis testing partially and simultaneously.The results of this study indicate that (1) the effect of Debt To Asset Ratio (DAR) on Return On Assets (ROA) has a positive insignificant effect, (2) the effect of Current Ratio (DER) on Return On Assets (ROA) has a significant positive effect, (3) the effect of Total Asset Turnover (TATO) on Return On Assets (ROA) has a positive insignificant effect (4) the influence of Debt To Asset Ratio (DAR), Current Ratio (CR) and Total Asset Turnover (TATO) simultaneously to Return On Assets ( ROA) with prob 0.00000 and F-Statistic 11.82037 have a significant positive effect (5) the effect of Return On Assets (ROA) on Stock Prices has a positive and insignificant effect.

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Journal Info

Abbrev

jiemar

Publisher

Subject

Humanities Economics, Econometrics & Finance Education Industrial & Manufacturing Engineering

Description

The aim of JIEMAR ( Journal of Industrial Engineering & Management Research is to publish theoretical and empirical articles that are aimed to contrast and extend existing theories, and build new theories that contribute to advance our understanding of phenomena related with industrial engineering ...