Journal of Research and Publication Innovation
Vol 2 No 3 (2024): JULY

PENGARUH CURRENT RATIO DAN DEBT TO ASSET RATIO TERHADAP RETURN ON ASSET PADA PT ASTRA INTERNASIONAL TBK PERIODE 2008-2022

Primatama, Harley (Unknown)
Nuryani, Yusni (Unknown)



Article Info

Publish Date
04 Jul 2024

Abstract

This study aims to determine whether Current Ratio (CR) and Debt to Assets Ratio (DAR) have an effect on Return on Assets (ROA) at Pt Astra International. Tbk for the 2008–2022 period. This research uses a descriptive method with a quantitative approach. The population used in this research is the financial report of Pt Astra International, Tbk while the sample used is the profit and loss report and balance sheet at Pt Astra International, Tbk for the period 2008–2022. The data analysis method uses descriptive statistical analysis tests, classical assumption tests, multiple linear regression tests, coefficient of determination tests, and hypothesis tests with the help of the SPSS version 26 program. The results of this study indicate that Current Ratio (CR) has no partial and significant effect on Return on Asset (ROA). Debt to Assets Ratio (DAR) has no partial and significant effect on Return on Asset (ROA). Current Ratio (CR) and Debt to Assets Ratio (DAR) not simultaneously and significantly affect Return on Asset (ROA). The coefficient of determination is -0,047 or 0%. This means that the variables Current Ratio (CR) and Debt to Assets Ratio (DAR) have an influence contribution of 0% to Return on Assets (ROA), while the rest 100% is influenced by other factors not examined.

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Journal Info

Abbrev

JORAPI

Publisher

Subject

Computer Science & IT Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

Description

Journal of Research and Publication Innovation is a multidisciplinary and scientific research journal that publishes research papers, review papers, case reports, case studies, book reviews, theses, dissertation works, etc. Published 4 times a year, every January, April, July and ...