PENGARUH CURRENT RATIO (CR) DAN DEBT TO EQUITY RATIO (DER) TERHADAP RETURN ON ASSET (ROA) PADA PT. MAYORA INDAH TBK PERIODE 2013 – 2023
Abstract
This study aims to determine the effect between Current Ratio and Debt to Equity Ratio on Return On Asset in PT. Mayora Indah Tbk for the 2013-2023 period. The research method used in this study is quantitative descriptive. This study uses secondary data sourced from PT Mayora Indah Tbk's financial report data, namely the 2013-2023 period. This data processing uses SPSS version 26. The analyses used in this study are statistical descriptive analysis, classical assumption test, multiple linear regression analysis, correlation coefficient test, determination coefficient test (R2), t test and f test. The results of the study show that the Current Ratio partially has an effect and is significant on Return On Asset with a value of sig. 0.031 > 0.05 and the calculated value of 2.616 > ttable 2.306 and partially the Debt to Equity Ratio has a negative and insignificant effect on Return On Asset with a sig. 0.347 < 0.005 and the tcount value -0.999 and the ttable value 2.306. The results of the simultaneous study of Current Ratio and Debt to Equity Ratio have no effect and are not significant on Return On Asset with a value of 0.081 > 0.05 and Fcal 3,500 < Ftable 4.46. Meanwhile, the results of the R2 determination coefficient test show an R-Square value of 0.467, which means that together the Current Ratio and Debt to Equity Ratio to Return On Asset contribute by 46.7% while 53.3% is influenced by other variables that are not studied in this study. The results of the study on the R number of 0.683 are in the efficient interval between 0.800 - 1000, so it can be concluded that the relationship between variables is included in the strong category.
References
Hanafi, Mamduh. M., Halim, Abdul. 2016. Analisis Laporan Keuangan Edisi ke5. Yogyakarta: UPP STIM YKPN.
Hasibuan, Malayu S.P. (2016), Manajemen Sumber Daya Manusia. Edisi Revisi Jakarta: Penerbit PT Bumi Aksara
Hery. (2015). Pengantar Akuntansi Comprehensive Edition Lengkap Dengan Kumpulan Soal Dan Solusinya. Jakarta: PT Gramedia.
Hery, (2017). Teori Akuntansi Pendekatan Konsep dan Analisis. Jakarta: Gramedia.
Hery. 2018. Analisis Laporan Keuangan : Integrated and Comprehensive Edition. Cetakan Ketiga. PT. Gramedia : Jakarta.
Kariyoto. 2018. Manajemen Keuangan Konsep dan Implementasi, Cetakan.Pertama. Malang: UB press
Kasmir. (2016). Analisis Laporan Keuangan, cetakan 9. Jakarta. PT Rajagarfindo Kasmir. (2018). Analisis Laporan Keuangan. Jakarta: Rajawali Pers, 2018.
Kasmir. (2017). Analisis Laporan Keuangan. Jakarta: PT Rajagrafindo Persada.
Munawir, S. (2014). Analisis Laporan Keuangan (4th ed.). Yogyakarta: Liberty- Yogyakarta.
Musthafa. (2017). Manajemen Keuangan. Yogyakarta: CV. Andi Offset.
Samryn, L. M. 2015. Pengantar akuntansi : metode akuntansi untuk elemen laporan keuangan diperkaya dengan perspektif IFRS dan perbankan. Jakarta : PT RajaGrafindo Persada.
Sandu Siyoto, SKM., M. K., & M. Ali Sodik, M. . (2015). Dasar Metodologi Penelitian ( Cetakan 1, Vol. 7, Issue 2). Literasi Media.
Sudana, I. M., 2019, Manajemen Keuangan Teori dan Praktek, Airlangga University Press, Ebooks.
Suprihanto, John. (2014). Manajemen. Yogyakarta: Gajah Mada University Press.
Sutrisno. (2017). Manajemen Keuangan Teori Konsep dan Aplikasi (Kesembilan).Ekonisia
Alpi, M. F., & Gunawan, A. (2018). Pengaruh Currrent Ratio dan Total Asset Turnover Terhadap Return on Asset Pada Perusahaan Plastik dan Kemasan. Aksioma : Jurnal Riset Akuntansi, 17(2), 1–35.
Ilham (2020). Pengaruh Current Ratio Dan Debt To Equity Ratio Terhadap Return On Asset Pada PT. Gudang Garam, Tbk. JURNAL SEKURITAS (Saham, Ekonomi, Keuangan dan Investasi ), 3(3), 289-299.
Jurlinda, Juhaini, Meilin Veronica, (2022). Pengaruh Debt to Asset Ratio dan Debt to Equity Ratio Terhadap Return On Asset Perusahaan Sektor Industri.
Khakim Azizul M (2022). Pengaruh Current Ratio, Debt To Equity, dan Net Profit Margin Terhadap Return On Asset Pada PT. Semen Indonesia (Persero) Tbk Tahun 2009-2016. JUMINTAL (Jurnal Manajemen Informatika dan Bisnis Digital), 1(1), 1-10.
Mahardhika, & Marbun. (2016). Pengaruh Current Ratio dan Debt To Equity Ratio Terhadap Return On Assets. Widyakala, 3(1), 23–28.
Sanjaya. S., Sipahutar Parlindungan. R, (2019). Pengaruh Curren Ratio, Debt To Asset Ratio dan Total Asset Turnover Terhadap Return On Asset Pada Perusahaan Otomotif dan Komponennya yang Terdaftar di Bursa Efek Indonesia. Jurnal Riset Akuntansi dan Bisnis.
Satria. R., (2022). Pengaruh Current Ratio (CR) dan Debt To Equity (DER) Terhadap Return On Asset (ROA) Pada PT. Mayora Indah Tbk Periode 2009-2020. Scientific Journal of Reflection: Economic, Accounting. Management and Business, 5(2).
Supardi, H., Suratno, H., & Suyanto. (2016). Pengaruh Current Ratio, Debt To Equity Ratio, Total Asset Turn Over Dan Inflasi Terhadap Return On Asset. JIAFE (Jurnal Ilmiah Akuntansi Fakultas Ekonomi), 2(2), 16-27.
Setiawan, B. (2015). Riwayat Hipertiroid Terkontrol dan Hipertensi. Jurnal Medula, 4(2), 53-58.
Solihin, D. (2019). Pengaruh Current Ratio dan Debt to Equity Ratio terhadap Return on Asset pada PT Kalbe Farma Tbk periode 2008-2017, KREATIF Jurnal Ilmiah Prodi Manajemen Universitas Pamulang, 7(1), 115-122.
