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

PENGARUH TOTAL ASSET TURNOVER DAN DEBT TO EQUITY RATIO TERHADAP RETURN ON ASSET PADA PT. NIPPON INDOSARI CORPINDO,TBK PERIODE 2013-2023

Arif Fadhillah (Unknown)
Sri Mardiana (Unknown)



Article Info

Publish Date
16 Jul 2025

Abstract

The purpose of this study is to determine the effect of Total Asset Turnover and Debt To Equity Ratio on Return On Asset at PT Nippon Indosari Corpindo Tbk. both partially and simultaneously. The research method used is a quantitative method with an associative approach. The sample used is the financial report of PT Nippon Indosari Corpindo Tbk. For 11 (eleven) years which has been made into Time Series data. Data analysis in this study uses the classical assumption test, multiple regression analysis, hypothesis testing, and determination coefficient analysis. The results of this study are multiple linear regression equations of Y = -8.496 + 0.167X1 + 0.030X2 + e. Partially, the Total Asset Turnover variable has a positive and significant effect on Return On Asset with the results of t count> t table or (6.213> 2.306) with a significance level of 0.001 <0.05. While the Debt variable To Equity Ratio has a positive and significant influence on Return On Asset with the results of t count> t table or (3.097> 2.306) with a significance level of 0.015 <0.05. Simultaneously, Total Asset Turnover and Debt To Equity Ratio have a positive and significant influence on Return On Asset with a value of f count> ft table, namely (34.127> 4.459) with a significance level of 0.001 <0.05. The coefficient of determination is 86.9%, the remaining 13.1% is influenced by other variables and factors.

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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 ...