JUMANDIK
Vol 4 No 2 (2026): Jurnal Manajemen dan Pendidikan

PENGARUH CURRENT RATIO (CR), NET PROFIT MARGIN (NPM) DAN TOTAL ASSET TURNOVER (TATO) TERHADAP RETURN ON ASSET (ROA) PADA PT WILMAR CAHAYA INDONESIA TBK PERIODE 2014-2023

Ayuni Rosianti Indah Dewi (Universitas Pamulang)
Rudy Bodewyn Mangsa Tua (Universitas Pamulang)



Article Info

Publish Date
30 Jan 2026

Abstract

The research method used is a quantitative approach with an associative method. The type of data used is secondary data obtained from the company’s annual financial reports. The analysis technique applied is multiple linear regression, along with the classical assumption tests consisting of normality, multicollinearity, heteroscedasticity, and autocorrelation tests. Hypothesis testing was conducted using the t-test (partial), F-test (simultaneous), and coefficient of determination (R²) with the help of SPSS version 24. The results show that partially Current Ratio  no significant effect on Return On Asset with thitung -1.556 < ttabel 2.365 and significance 0.171 > 0.05. Net Profit Margin has a positive and significant effect on Return On Asset with thitung 26.130 > ttable 2.365 and significance 0.000 (<0.05), while TATO also has a positive and signifikan effect on Return On Assets with thitung 8.762 > ttable 2.365 and significance 0.000 < 0.05. Simultaneously, Current Ratio, Net Profit Margin and Total Asset Turnover significantly affect Return On Asset with Fhitung 282.170 > Ftabel 4.76 and significance 0.000 < 0.05. The value of R² 0.993 indicates that 99.3% of  Return On Asset, Net Profit Margin and Total Asset Turnover.

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Journal Info

Abbrev

jumandik

Publisher

Subject

Economics, Econometrics & Finance Education

Description

Jurnal Manajemen & Pendidikan [JUMANDIK] membahas secara rinci berbagai penelitian empiris tentang topik bisnis, manajemen, dan pendidikan. Jurnal ini menyediakan wadah pertukaran keilmuan bagi akademisi, praktisi, dan peneliti mandiri dengan menerbitkan penelitian empiris yang berkualitas, yang ...