The Effect of Debt to Equity Ratio and Current Ratio on Return on Assets

Journal of Applied Business, Taxation and Economics Research Pub Date : 2022-04-30 DOI:10.54408/jabter.v1i4.61

Deti Susilawati, Firli Agusetiawan Shavab, Meri Mustika

{"title":"The Effect of Debt to Equity Ratio and Current Ratio on Return on Assets","authors":"Deti Susilawati, Firli Agusetiawan Shavab, Meri Mustika","doi":"10.54408/jabter.v1i4.61","DOIUrl":null,"url":null,"abstract":"The purpose of this study is to see how the Debt To Equity Ratio and Current Ratio affect the Return On Assets in pharmaceutical sub-sector manufacturing companies listed on the IDX from 2015 to 2019. Purposive sampling was used to determine the sample size in this study. Verificative and descriptive approaches were used in this study. Quantitative data analysis was used in this study. Based on the results of the partial test, it shows that the Debt To Equity Ratio has a significant negative effect on Return On Assets, and the Current Ratio has a significant positive effect on Return On Assets in Pharmaceutical Sub-Sector Manufacturing Companies Listed on the IDX in 2015-2019. Simultaneously, the Debt To Equity Ratio and Current Ratio have a significant positive effect on Profitability (ROA) in Pharmaceutical Sub-Sector Manufacturing Companies Listed on the Indonesia Stock Exchange in 2015-2019. The percentage contribution of the influence of Debt To Equity Ratio and Current Ratio to Return On Assets is 25%, while the remaining 75% can be explained by other factors not examined in this study.","PeriodicalId":287039,"journal":{"name":"Journal of Applied Business, Taxation and Economics Research","volume":"22 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2022-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Applied Business, Taxation and Economics Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.54408/jabter.v1i4.61","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}

引用次数: 3

Abstract

The purpose of this study is to see how the Debt To Equity Ratio and Current Ratio affect the Return On Assets in pharmaceutical sub-sector manufacturing companies listed on the IDX from 2015 to 2019. Purposive sampling was used to determine the sample size in this study. Verificative and descriptive approaches were used in this study. Quantitative data analysis was used in this study. Based on the results of the partial test, it shows that the Debt To Equity Ratio has a significant negative effect on Return On Assets, and the Current Ratio has a significant positive effect on Return On Assets in Pharmaceutical Sub-Sector Manufacturing Companies Listed on the IDX in 2015-2019. Simultaneously, the Debt To Equity Ratio and Current Ratio have a significant positive effect on Profitability (ROA) in Pharmaceutical Sub-Sector Manufacturing Companies Listed on the Indonesia Stock Exchange in 2015-2019. The percentage contribution of the influence of Debt To Equity Ratio and Current Ratio to Return On Assets is 25%, while the remaining 75% can be explained by other factors not examined in this study.

查看原文

微信好友朋友圈 QQ好友复制链接

本刊更多论文

负债权益比率和流动比率对资产收益率的影响

本研究的目的是了解2015年至2019年在IDX上市的制药子行业制造公司的债务权益比率和流动比率如何影响资产回报率。本研究采用目的性抽样确定样本量。本研究采用验证性和描述性方法。本研究采用定量资料分析。部分检验结果表明，2015-2019年IDX上市医药细分行业制造企业的负债权益比对资产收益率具有显著的负向影响，流动比率对资产收益率具有显著的正向影响。同时，2015-2019年在印尼证券交易所上市的制药子行业制造公司的负债权益比和流动比率对盈利能力(ROA)有显著的正向影响。负债权益比和流动比率对资产收益率的影响百分比贡献为25%，其余75%可以通过本研究未检查的其他因素来解释。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文去求助

来源期刊

Journal of Applied Business, Taxation and Economics Research

自引率

0.00%

发文量