JURNAL ILMIAH EKONOMI, MANAJEMEN, BISNIS DAN AKUNTANSI
Vol. 2 No. 5 (2025): September

PENGARUH TOTAL ASSET TURNOVER DAN DEBT TO EQUITY RATIO TERHADAP RETURN ON EQUITY PADA PT ASTRA AGRO LESTARI TBK PERIODE 2012-2024

Ayu Widia Asih (Unknown)
Hadijah Febriana (Unknown)



Article Info

Publish Date
14 Aug 2025

Abstract

This study aims to determine the effect of Total Asset Turnover (TATO) and Debt to Equity Ratio (DER) on Return on Equity (ROE) at PT Astra Agro Lestari. The data used in thisstudy are secondary data sourced from the financial statements available on the official website of PT Astra Agro Lestari Tbk for the period 2012–2024. The method employed in this research is a descriptive quantitative approach. The results of the study show that, partially (t-test), Total Asset Turnover (TATO) has a significant effect on Return on Equity (ROE), with a t-value of 4.041 > t-table value of 2.228 and a significance level of 0.002 < 0.05. Meanwhile, Debt to Equity Ratio (DER) does not have a significant partial effect on Return on Equity (ROE), with a t value of 0.985 < 2.228 and a significance level of 0.348 > 0.05. The results of the simultaneous test (Ftest) indicate that Total Asset Turnover (TATO) and Debt to Equity Ratio (DER) jointly have a significant effect on Return on Equity (ROE), with an F-value of 8.179 > F-table value of 4.10 and a significance level of 0.008 < 0.05

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Journal Info

Abbrev

jemba

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

JURNAL ILMIAH EKONOMI, MANAJEMEN, BISNIS DAN AKUNTANSI Berfokus pada penerbitan artikel berkualitas tinggi yang didedikasikan untuk semua aspek Ekonomi, Manajemen, Bisnis dan Akuntansi. Jurnal ini memberikan ruang bagi para peneliti untuk berdiskusi, mengejar dan meningkatkan pengetahuan di bidang ...