PENGARUH CURRENT RATIO DAN DEBT TO EQUITY RATIO TERHADAP RETURN ON EQUITY PADA PT. JASA MARGA (PERSERO) TBK PERIODE 2014 - 2024

Abstract

This research aims to determine the influence of the Current Ratio and Debt to Equity Ratio on Return On Equity at PT. Jasa Marga (Persero) Tbk for the 2014-2024 period, both partially and simultaneously. The type of research used is quantitative research, and is descriptive. The data collection technique used is published secondary data, data taken from the official website of PT. Jasa Marga (Persero) Tbk for the 2014-2024 period. The data analysis method used in this research is descriptive statistics, classical assumption testing, and also uses simple and multiple linear regression data analysis techniques, correlation coefficient, hypothesis testing (t test and f test), and coefficient of determination. From the results of hypothesis testing, the t test shows that the Current Ratio has no significant effect on Return On Equity, where the t value is -1,125 < 2,306 t_table value 2,306, with a significance value of 0,293 > 0,05, while the Debt to Equity Ratio has no significant effect on Return On Equity. where the tcount value is -1,183 < t_{table v}alue 2,306, with a significance value of 0,271 > 0,05. Simultaneously (F test) Current Ratio (CR) and Debt to Equity Ratio (DER) together have no significant effect on Return On Equity where the calculated F value is 1,469 < Ftable value 4,46 with a significance of 0,286 > 0.05. The coefficient of determination test shows a value of 26,9%, while the remaining 73,1% is influenced by other variables not examined in this research.