PENGARUH DEBT TO EQUITY RATIO DAN CURRENT RATIO TERHADAP RETURN ON ASSETS PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (PERIODE 2020-2024)

Septa Ariyani
Desta Dwi Annisaa
Nisa Salsabilla

Journal of Research and Publication Innovation
Vol 3 No 1 (2025): JANUARI

The study aims to evaluate the effect of DER (debt to equity ratio) on ROA (return on assets) and CR (current ratio) on ROA (return on assets) in companies listed on the IDX during period 2020 to 2024. The method applied in this study is a quantitative approach that utilizes secondary data obtained from the company’s financial statements. To collect data, panel data used which combines cross-section data with time series. This study took a sample of 15 companies listed on the IDX during the specified period. The analysis techniques used include panel data regression, classical assumption test, and hypothesis testing, all carried out using Stata17 software. The result of the t—test show that DER (debt to equity ratio) has no effect on ROA (return on assets), and CR (current ratio) also has no effect ROA (return on assets). In addition, the F test shows that both DER (debt to equity ratio) and CR (current ratio) together have no effect ROA (return on assets).