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Contact Name
Iman Lubis
Contact Email
indonesianfinancialreview@gmail.com
Phone
+6287876253358
Journal Mail Official
indonesianfinancialreview@gmail.com
Editorial Address
Kp. Sukasari No.52 Rt.001 Rw.001 Desa Kabasiran Kecamatan Parung Panjang Kabupaten Bogor
Location
Kab. bogor,
Jawa barat
INDONESIA
Indonesian Financial Review
ISSN : -     EISSN : 28073886     DOI : https://doi.org/10.55538/ifr.v1i1
Core Subject : Economy,
The intent of the Editors of The Indonesia Financial Review is to discuss, explore, and disseminate the latest issues and developments in Empirical Financial Economics (JEL classification: G), particularly those related to financial frictions in the Emerging Markets. The others are accepted such as capital markets, financial institutions and services, corporate finance, risk modeling and management, market microstructure in financial markets, Islamic finance, behavioral finance, and financial crisis.
Articles 60 Documents
The Influence of Return On Assets, Current Ratio and Debt To Asset Ratio On Financial Distress at PT Hero Supermarket Tbk Period 2008 to 2022 Addira, Aina Salsabila; Lubis, Iman
Indonesian Financial Review Vol. 4 No. 1 (2024)
Publisher : Yayasan Pendidikan Penelitian Pengabdian Al-amsi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55538/ifr.v4i1.32

Abstract

This study aims to determine the effect of Return On Asset, Current Ratio, and Debt to Asset Ratio on Financial Distress Prediction using the Altman Z-Score Model. The research method used is an associative descriptive method with a quantitative approach. Data from the financial statements of PT Hero Supermarket Tbk 2008- 2022. Hypothesis testing using the SPSS v29 program, the results Return On Asset Tcount 2.671> Ttable 2.201 significant level 0.022 <0.05, Current Ratio Tcount -2. 822> Ttable 2.201 significant level 0.017 <0.05, Debt to Asset Ratio Tcount - 3.422> Ttable 2.201 significant level of 0.006 <0.05, obtained the results of Fcount of 6.512> Ftable of 3.59, significant level of 0.009 <0.05. Return On Asset has a significant effect, Current Ratio has a significant negative effect, Debt to Asset Ratio has a significant negative effect. Return On Asset, Current Ratio, and Debt to Asset Ratio effect on Financial Distress simultaneously.
Analysis of Solvency Ratios and Profitability Ratios to Measure The Financial Performance of Aviation Sector Companies for The Period 2018 -2022 Ali, Ahmad rayhan
Indonesian Financial Review Vol. 4 No. 1 (2024)
Publisher : Yayasan Pendidikan Penelitian Pengabdian Al-amsi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55538/ifr.v4i1.33

Abstract

This research aims to evaluate the solvency and profitability ratios of PT Garuda Indonesia Tbk and PT AirAsia Indonesia Tbk from 2018 to 2022, and their financial performance based on these ratios. The research method uses Solvency ratios, such as Debt to Assets Ratio (DAR) and Debt To Equity Ratio (DER),  to measure a company's ability to manage debt against its assets and equity PT Garuda Indonesia Tbk and PT AirAsia Indonesia Tbk. The research results show that the financial performance of PT Garuda Indonesia Tbk and PT AirAsia Indonesia Tbk from 2018 to 2022 shows low solvency and profitability, based on industry standards. This evaluation provides important information for company management to improve debt management strategies, increase operational efficiency, and increase asset use to improve the company's long-term profitability.
The Effect Of Current Ratio (CR) And Debt To Asset Ratio (DAR) On Net Profit Margin (NPM) At PT Bekasi Fajar Industrial Estate Tbk Period 2010-2022 fitriani, aisyah devia
Indonesian Financial Review Vol. 4 No. 1 (2024)
Publisher : Yayasan Pendidikan Penelitian Pengabdian Al-amsi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55538/ifr.v4i1.35

Abstract

This study aimed to determine the effect of the current ratio and debt-to-asset ratio on the net profit margin at PT Bekasi Fajar Industrial Estate Tbk. This type of research uses quantitative research methodology with an associative approach. The population was all financial statements at PT Bekasi Fajar Industrial Estate Tbk with samples from 2010 to 2022. Using SPSS version 26 software, this research includes the classical assumption test (normality, multicollinearity, heteroscedasticity, and autocorrelation), multiple linear regression test, determination coefficient test, and hypothesis testing with a significant level of 0.05. Partially, the CR did not affect the NPM. Partially, the DAR did not affect the NPM variable. Simultaneously, both the CR and the DAR, neither of them had influenced the NPM.
The Influence of Capital Structure, Profitability and Company Size on Company Value at PT Kalbe Farma Tbk for the 2007-2022 Period Aziziah, Aina
Indonesian Financial Review Vol. 4 No. 1 (2024)
Publisher : Yayasan Pendidikan Penelitian Pengabdian Al-amsi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55538/ifr.v4i1.38

Abstract

This research aims to determine the influence of capital structure, profitability, and company size on company value (PBV) at PT Kalbe Farma Tbk for the 2007-2022 period. This research method uses quantitative methods that will be processed with the Eviews 12 SV application. The sample used is the financial report for the 2007-2022 period. Capital Structure shows a t-count value of -2.148 < t-table 2.145 and has a significance value of 0.0528 (0.0528 > 0 .05). Profitability (ROE) has a calculated t-value of 5.693 > t-table 2.145 and has a significance value of (0.0001 < 0.05). Company size (Total Assets) has a calculated t-value of 4.721 > t-table 2.145 and has a significance value of (0.0005 < 0.05). The results are influential and significant with a significance value of 0.000461 (0.000461 < 0.05) with a calculated f-value of 12.89326 > f-table 3.49 simultaneously.
The Influence of Return On Asset, Debt to Equity Ratio and Earning Per Share on Stock Price PT Hanjaya Mandala Sampoerna Tbk Period 2010-2023 Novelia, Airin
Indonesian Financial Review Vol. 4 No. 1 (2024)
Publisher : Yayasan Pendidikan Penelitian Pengabdian Al-amsi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55538/ifr.v4i1.42

Abstract

  This research aims to determine the effect of Return On Asset, Debt to Equity Ratio and Earning Per Share on Stock Price. The independent variables are Return On Asset, Debt to Equity Ratio and Earning Per Share and the dependent variable is Stock Price. Using quantitative research methods, the sample and population used in this study are the annual financial statements of PT Hanjaya Mandala Sampoerna Tbk for the period 2010-2023 The results showed that partially Return On Asset had no effect and was not significant to the Stock Price. Debt to Equity Ratio partially and significantly affects the Price and Earning Per Share partially has no effect and is not significant to the Share Price. Then the f test shows that simultaneously Return On Asset, Debt to Equity Ratio and Earning Per Share have a significant effect on Stock Price.
The Influence of Debt to Asset Ratio and Working Capital Turnover on Profit Growth at PT Betonjaya Manunggal Tbk in the 2012-2023 Period Zahroh, Ainun Nur Fatma Anisaatul; Lubis, Iman
Indonesian Financial Review Vol. 4 No. 2 (2024)
Publisher : Yayasan Pendidikan Penelitian Pengabdian Al-amsi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55538/ifr.v4i2.36

Abstract

The research aims to determine the effect of Debt To Asset and Working Capital Turnover on Profit Growth at PT Betonjaya Manunggal Tbk for the 2012-2023 period. The population used in this research is the financial report of PT Betonjaya Manunggal Tbk and the sample from this research is the balance sheet and profit and loss report of PT Betonjaya Manunggal Tbk for the 2012-2023 period. Data analysis techniques use the classical assumption test, simple regression analysis, multiple regression analysis, coefficient of determination analysis test, hypothesis testing using the t-test and f-test and f-test. Partial test results show that Debt to Asset Ratio (DAR) has no significant effect on Profit Growth, Working Capital Turnover (WCT) has a significant effect on Profit Growth. Meanwhile, the results of simultaneous testing of Debt to Asset Ratio (DAR) and Working Capital Turnover (WCT) do not simultaneously influence Profit Growth.
The Influence of Current Ratio and Debt to Asset Ratio on Return on Assets at PT Adhi Karya TBK for the 2010-2022 Period Hidayat, Ahmad Ridwan
Indonesian Financial Review Vol. 4 No. 2 (2024)
Publisher : Yayasan Pendidikan Penelitian Pengabdian Al-amsi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55538/ifr.v4i2.41

Abstract

This research aims to analyze and determine the influence of the Current Ratio and Debt to debt-to-asset ratio on the Return on Assets at PT Adhi Karya Tbk during the 2010-2022 period. The research method used is descriptive with a quantitative approach. The data used in this research is secondary data obtained from the annual financial report of PT Adhi Karya Tbk which is listed on the Indonesia Stock Exchange. Data analysis was carried out using the SPSS 25. This research concludes that the Current Ratio significantly influences the Return on Assets, while the Debt to debt-to-asset ratio does not have a partially significant influence on the Return on Assets at PT Adhi Karya TBK. However, simultaneously, these two independent variables have a substantial effect on Return on Assets. So these findings provide important insights for the management of PT Adhi Karya TBK in managing liquidity and debt structure to increase company profitability.
The Effect of Current Ratio and Debt To Asset Ratio on Return On Asset Pt Electronic City Indonesia Tbk (ECII) Period 2012 - 2022 syaihu herais, ahmad
Indonesian Financial Review Vol. 4 No. 2 (2024)
Publisher : Yayasan Pendidikan Penelitian Pengabdian Al-amsi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55538/ifr.v4i2.43

Abstract

This research aims to test and analyze the influence of the Current Ratio and Debt to Asset Ratio on Return on Assets, this research was conducted at PT. Elektronic City Indonesia Tbk Period 2012 – 2022. The results of this research show that, Current Ratio (CR) does not have a significant influence on Return on Assets (ROA), the calculated T value < T Table (2,248 < 2,306) is reinforced with sig > 0, 05 (0.074 > 0.05) Debt to Asset Ratio has a significant influence obtained by the value Tcount > Ttable (3.543 > 2.306) with a strengthened Sig < 0.05 (0.003 < 0.05) and based on the f test between CR and DAR The above ROA shows a simultaneous influence, it can be seen that the results of the calculated F test > F table (6,033 > 4,459), this is reinforced by the Sig value < 0.05 (0.022 < 0.05).
The Effect of Cash Turnover and Current Ratio on Return On Asset at PT Pyridam Farma Tbk Period 2010-2022 Choiril Anam, Akhmad
Indonesian Financial Review Vol. 4 No. 2 (2024)
Publisher : Yayasan Pendidikan Penelitian Pengabdian Al-amsi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55538/ifr.v4i2.44

Abstract

This study aims to determine the effect of Cash Turnover and Current Ratio simultaneously on Return On assets in Pt Pyridam Farma Tbk for the 2010-2022 period. This type of research is associative with a quantitative approach. The methods used are descriptive statistical tests, classical assumption tests, and hypothesis tests. The Cash Turnover study results showed no partial effect on Return On Asset with a calculated value of -0.596< a t-table value of 2.2009, a t-test value of 0.563 > 0.05. The results of the Current Ratio study also have no partial effect on return on assets. This is evidenced by the t-statistic Current Ratio value of 0.687 < ttable value of 2.009 and the significance value of 0.577 > 0.05. From the study results, the effect of Cash Turnover and Current Ratio did not signify on Return On Assets.
The Effect of Return On Asset and Total Asset Turnover on Stock Return at PT Bank Central Asia Tbk Period 2014 - 2023 Oktrima, Bulan; Indriani, Vini
Indonesian Financial Review Vol. 4 No. 2 (2024)
Publisher : Yayasan Pendidikan Penelitian Pengabdian Al-amsi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55538/ifr.v4i2.46

Abstract

This study aims to determine the Effect of Return on Assets and Total Asset Turnover on Stock Returns at PT Bank Central Asia Tbk for the 2014-2023 Period. The research method used is a quantitative method with descriptive analysis techniques. The data used are secondary data in the form of annual financial reports of PT Bank Central Asia Tbk for the 2014-2023 Period listed on the Indonesia Stock Exchange or available on the company's website. The methods used include the classical assumption test, which consists of normality, multicollinearity, heteroscedasticity, and autocorrelation tests. In addition, Multiple Linear Regression Analysis Techniques, Hypothesis Tests (t-test), Simultaneous Tests (f-test), and Coefficient Determination Tests were also carried out. The data was tested using the Statistical Product Service and Solution (SPSS) application program version 25.0. It can be concluded that the results of the study show that the ROA value has a significant effect on Stock Returns partially with a significance of 0.001. Total Asset Turnover does not have a significant effect on Stock Return partially with a significance value of 0.123. And simultaneously Return on Asset and Total Asset Turnover have a significant effect on Stock Return. The Determination Coefficient is 98.5% with the remaining 1.5% being part of other factors.