Journal of Ekonomics, Finance, and Management Studies
Vol. 5 No. 11 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam

Analisis Current Ratio, Debt To Equity Ratio, dan Total Asset Turnover Terhadap Profitabilitas pada Subsektor Telekomunikasi yang Terdaftar di Bursa Efek Indonesia Periode 2020-2022

Rossy Rosmalia Sutarya (Unknown)
Nor Norisanti (Universitas Muhammadiyah Sukabumi)
Erry Sunarya (Universitas Muhammadiyah Sukabumi)



Article Info

Publish Date
03 Nov 2024

Abstract

In Indonesia’s economic growth, the telecommunications industry has become a growing company along with the rapid development of technology, information and communication. With this growth, it is necessary to compare various financial statements, especially the balance sheet and income statement to determine the profitability of the company’s. The result of this study indicate that Return On Asset in telecommunications subsector listed on the Indonesia Stock Exchange for the 2020-2022 period has decreased drastically. The research method used is descriptive and assiciative with quantitative approach. The population used in the study is the financial statements of the telecommunications subsector listed on the Indonesia Stock Exchange period 2020-2022. The research object are Current Ratio (X1), Debt to Equity Ratio (X2), Total Asset Turnover (X3) and Profitability (Y). The data analysis techniques used intihs study are descriptive statistics and multiple linear regression. The result showed that partially (t test) Current Ratio has no significant effect on profitability, Debt to Equity Ratio has no significant effect on profitability, and Total Asset Turnover has a negative and significant effect on profitability. However, simultaneously (f test) Current Ratio, Debt to Equity Ratio, and Total Asset Turnover have a significant influence on the profitability of the telecommunications subsector listed on Stock Exchange for the period 2020-2022.

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Journal Info

Abbrev

elmal

Publisher

Subject

Religion Economics, Econometrics & Finance

Description

El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam mempublikasi hasil riset dan kajian terkini bidang ekonomi, keuangan, manajemen dan bisnis Islam. Mulai 2011, jurnal ini terbit tiga kali setahun setiap Maret, Juli dan November. Jurnal ini dikelola oleh Pusat Riset dan Kajian Strategis (PRKS) Masyarakat ...