PENGARUH CURRENT RATIO DAN DEBT TO ASSET RATIO TERHADAP RETURN ON ASSET PADA PERUSAHAAN MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2018 – 2022
Abstract
This study aims to find out whether there is an effect of Current Ratio and Debt to Asset Ratio on Return on Asset in Food and Beverage Companies listed on the Indonesia Stock Exchange for the period 2018-2022. The population in this study is the financial statements of Food and Beverage Companies listed on the Indonesia Stock Exchange for the period 2018-2022. The research samples used are Profit and Loss statements, Total Assets statements, Current Assets Statements, Current Debt Statements, and Total Corporate Debt Reports published on the Indonesia Stock Exchange for the 2018-2022 period. The analysis in this study uses the SPSS (Statistical package for social science) Software program Version 26. The research method used was Quantitative, while the analysis technique used multiple regression analysis, classical assumption test (normality test, multicollinity test, heterokedasticity test), determination coefficient test (R2) and hypothesis test (t test and f test). The results of the study on the Current Ratio (X1) variable showed that there was a negative influence on Return on Asset, seen from the t-test (partial test) which showed the t-count value < the ttable. The Debt to Asset Ratio (X2) variable shows that there is a negative influence, judging from the calculation < the table. The results simultaneously/together show that there is an influence between the Current Ratio and the Debt to Asset Ratio on Return on Asset as seen from the results of the F test (simultaneous test) which shows the Fcal > Table. The results of the determination test show that th eAdjusted R square value is 0,266 or 26,6%, which means that the influence of the Current Ratio and Debt to Asset Ratio on Return on Asset in Food and Beverage Companies listed on the Indonesia Stock Exchange for the 2018-2022 period is 26,6% and the remaining 83,4% is influenced by other variables outside this study
References
Aditama, R. A. (2020). Pengantar Manajemen: Teori dan Aplikasi. Penerbit AUP. (2020). Pengantar Manajemen. Ae Publishing.
Atmaja, L. S. (2018). Teori dan praktik manajemen keuangan. Andi.
Astuti, R. (2022). Manajemen Keuangan. Penerbit Andi.
(2020). Aplikasi Analisis Multivariate Dengan Program IBM SPSS 26
Edisi 10. Badan Penerbit Universitas Diponegoro.
Hamidah. (2019). Manajemen Keuangan (Edisi Pert) Mitra Wacana Media.
Irfani, Agus (2020). Manajemen Keuangan dan Bisnis: Teori dan Aplikasi. Jakarta: Gramedia Pustaka Utama.
(2018). Analisis Laporan Keuangan . Jakarta: PT Rajagrafindo Persada.
(2019). Analisis Laporan Keuangan . Jakarta: PT Rajagrafindo Persada.
Musthafa (2017). Manajemen Keuangan. Yogyakarta: ANDI.
Murhadi, Werner R. (2019). Analisis Laporan Keuangan. Jakarta: Salemba Empat.
Munawir. (2014). Analisis Laporan Keuangan.Ypgyakarta: Liberty.
Robbins, S. P., & Coulter, M. (2018). Management (14th ed). Pearson.
Rambe, M. F. (2015). Manajemen keuangan. Penerbit Salemba Empat.
Raiyan, et al. (2020). Analisis laporan keuangan. Penerbit Yayasan Kita Menulis.
Riyanto, B. (2016). Dasar-dasar pembelanjaan perusahaan (Edisi keempat). BPFE.
Arum., M,. Afrisah., E (2021). Pengaruh Current Ratio Dan Debt To Equity Ratio Terhadap Return On Assets Pada Perusahaan Food And Beverages Yang Terdaftar Di Bursa Efek Indonesia Pada Skripsi Oleh : Lena Juliana Program Studi Manajemen Fakultas Ekonomi Dan Bisnis Universitas Medan Area.
Arum., M. E. A. (2022). Pengaruh Current Ratio Dan Debt To Asset Ratio Terhadap Return On Assets (Studi Empiris Perusahaan Manufaktur Sub Sektor Makanan dan Minuman di BEI Tahun 2015-2019). Jurnal Ekonomi Dan Manejemen, 06(02), 1–15.
Fred Weston dalam Kasmir (2019: 129). (2019). Skripsi Ida Laela (183402060)-28-59. 13–44.
Krismonika, S. D., & Rosita. (2022). Analisis rasio aktivitas keuangan pada masa covid-19 terhadap laba bersih. Jurnal Ilmiah Akuntansi Dan Keuangan, 4(8), 2022. https://journal.ikopin.ac.id/index.php/fairvalue%0AAnalisis
Liza, M., Budianto, E., & Khasanah, U. (2022). Pengaruh Current Ratio Dan Debt To Equity Ratio Terhadap Return On Equity Pada Perusahaan Subsektor Batu Bara. POINT: Jurnal Ekonomi Dan Manajemen, 4(1), 15–26. https://doi.org/10.46918/point.v4i1.1247
Nadia Alfiani, D. (2022). Pengaruh Current Ratio dan Debt To Assets Ratio terhadap Return On Assets. Jurnal Manajemen, 14(1), 206–212. https://doi.org/10.30872/jmmn.v14i1.10905
Pangestika, M., Mayasari, I., & Kurniawan, A. (2021). Pengaruh DAR dan TATO terhadap ROA pada Perusahaan Subsektor Makanan dan Minuman di BEI Tahun 2014-2020. Indonesian Journal of Economics and Management, 2(1), 197–207. https://doi.org/10.35313/ijem.v2i1.3137
Ramaadhiantix, V., Septiwidya, W., Wanda Salsabila, A., Dwi Septianay, A., Yulaeli, T., Fakultas Ekonomi dan Bisnis, M., & Akuntansi, P. (2023). Faktor-Faktor Yang Mempengaruhi Current Ratio, Debt Equity Ratio, Debt Asset Ratio, Dan Perputaran Modal Kerja Terhadap Return On Asset. Student Scientific Creativity Journal (SSCJ), 1(5),
Saragih, J. (2021). Pengaruh Current Ratio, Total Assets Turn Over, Dan Debt To Assets Ratio Terhadap Return on Assets Pada Perusahaan Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Riset Akuntansi & Keuangan,
Saota, M., Situmorang, O. N., & Damanik, H. (2022). Jurnal Neraca Agung : Volume 12, No 1 (2022) Maret; 52-63 Universitas Darma Agung, Medan.
