Jurnal Scientia
Vol. 13 No. 01 (2024): Education, Sosial science and Planning technique, 2024

The influence of current ratio (CR), debt to assets ratio (DAR), debt to equity ratio (DER), total assets turnover (TATO) on return on assets (ROA) in swarga farma pharmacies

Manasye Arveni Sinamo (Universitas Indonesia Membangun, Bandung, Jawa Barat, Indonesia)
Yoyo Sudaryo (Universitas Indonesia Membangun, Bandung, Jawa Barat, Indonesia)
Gurawan Dayona Ismail (Universitas Indonesia Membangun, Bandung, Jawa Barat, Indonesia)
Andre Suryaningprang (Universitas Indonesia Membangun, Bandung, Jawa Barat, Indonesia)
Dedi Supiyadi (Universitas Indonesia Membangun, Bandung, Jawa Barat, Indonesia)
Dadan Abdul Aziz (Universitas Indonesia Membangun, Bandung, Jawa Barat, Indonesia)



Article Info

Publish Date
16 Feb 2024

Abstract

Return on Assets is one of the profitability ratios. Profitability is a financial ratio and one of the important indicators for measuring or assessing a company It can be used to analyze a company's finances because the level of profitability can describe the company's performance as seen from the company generating profits. This research aims to determine the effect of the Current Ratio (CR), Debt to Assets Ratio (DAR), Debt to Equity Ratio (DER), and Total Assets Turnover (TATO) on Return On Assets (ROA) at the Swarga Farma Pharmacy for the February – November Period. 2023. This research uses quantitative methods with descriptive and verification approaches. The data source used is secondary data, and data collection uses documentation studies in the form of annual financial reports. The sample used was a purposive sampling method. The data analysis techniques used are descriptive, regression, correlation, coefficient of determination, and partial or simultaneous hypothesis testing using the SPSS version 25 application. The results of this research show that. The results of the partial coefficient of determination show that CR makes a contribution that is not large enough and does not have a significant effect on ROA, DAR makes a contribution that is not large enough and does not have a significant effect on ROA, DER makes a contribution that is not large enough and does not have a significant effect. On ROA and TATO makes a fairly large contribution and does not significantly affect ROA. significant effect on ROA. Simultaneously, CR, DAR, DER, and TATO significantly affect ROA.

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Journal Info

Abbrev

pendidikan

Publisher

Subject

Education Mathematics

Description

Scientific Journal is a publication by Sean Institute, which is devoted to the field of education with the topic of Learning Effectiveness studies, Analysis of Learning Influences, Application of Learning Models and the development of instructional media; we also invite the teachers, researchers, ...