PENGARUH TOTAL ASSET TURN OVER (TATO) DAN DEBT TO ASSET RATIO (DAR) TERHADAP RETURN ON ASSET (ROA) PADA PT ACE HADWARE INDONESIA TBK PERIODE 2013-2023

Abstract

The purpose of this study was to determine partially or simultaneously the effect of Total Asset Turn Over (TATO) and Debt to Asset Ratio (DAR) on Return on Asset (RoA) at PT Ace Hardware Indonesia Tbk for the period 2013 - 2023. Secondary data was used in this study, which was obtained from the annual financial statements of PT Ace Hardware Indonesia Tbk. The method used is descriptive analysis of quantitative methods with an associative approach. The data analyzed in this study were t hypothesis test and F hypothesis test and Adjusted R-Square determination test. The results of the t hypothesis research found that Total Asset Turn Over partially affects Return on Asset with the value of t count> t table (10,665 > 2,365) and a significance value <0.05 (0,000 < 0,05), then H0 is rejected and H1 is accepted. Debt to Asset Ratio partially has no effect on Return on Asset with the value of t count < t table (-0,113 < 2,365) and a significance value> 0.05 (0,913 > 0,05), then H0 is accepted and H2 is rejected. The results of hypothesis F research show that Total Asset Turn Over and Debt to Asset Ratio on Return on Asset with the value of F count> F table (53,361 > 4,74) and a significance value <0.05 (0,000 < 0,05), then H0 is rejected and H3 is accepted. Based on the Adjusted R-Square value, the independent variables used have an influence proportion of 93%. While the remaining 7% is influenced by other variables.