Journal of Research and Publication Innovation
Vol 2 No 4 (2024): OCTOBER

PENGARUH CURRENT RATIO (CR) DAN DEBT TO EQUITY RATIO (DER) TERHADAP RETURN ON ASSET (ROA) PADA PT SURYA TOTO INDONESIA TBK PERIODE 2013-2022

Eva Novita (Unknown)
Tri Sulistyani (Unknown)



Article Info

Publish Date
01 Oct 2024

Abstract

This study aims to examine the effect of Current Ratio (CR) and Debt to Equity Ratio (DER) on Return on Assets (ROA) in PT. Surya Toto Indonesia Tbk for the 2013-2022 period, both partially and simultaneously. The research method used is quantitative with associative methods. Data analysis techniques include descriptive statistical test, classical assumption test, correlation coefficient analysis, multiple linear regression analysis, t-test, F-test, and determination coefficient test.  The results of the study show that partially, the Current Ratio has a negative and significant effect on Return On Assets. Meanwhile, the Debt to Equity Ratio partially has a negative and significant effect on Return On Assets. However, simultaneously, the Current Ratio and Debt to Equity Ratio have a positive and significant effect on Return on Assets. Based on the determination coefficient test, the Current Ratio and Debt to Equity Ratio contributed 80.6% to the Return on Assets, while the remaining 19.4% was influenced by other factors outside the research model.

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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 ...