Open AccessPengaruh Financial Leverage Dan Operating Leverage Terhadap Rentabilitas PT Kalbe Farma, Tbk
Author(s) -
Novia Sibarani,
Eri Bukhari
Publication year - 2020
Publication title -
jurnal kajian ilmiah - lembaga penelitian dan pengabdian masyarakat universitas bhayangkara jakarta raya/jurnal kajian ilmiah
Language(s) - English
Resource type - Journals
eISSN - 2597-792X
pISSN - 1410-9794
DOI - 10.31599/jki.v20i1.68
Subject(s) - business administration , business , leverage (statistics) , operating leverage , profitability index , finance , mathematics , statistics
This study aims to determine the effect of Financial Leverage and Operating Leverage partially and simultaneously on the Profitability of PT. Kalbe Farma, Tbk. The data used is the Financial Report for the period 2002 to 2018. The data analysis technique used is the Multiple Linear Regression Analysis. Based on the results of the analysis show that partially Financial Leverage does not significantly influence Rentability, while the Operating Leverage partially has a significant effect on Rentability. Simultaneously Financial Leverage and Operating Leverage have a significant effect on Rentability.
Keywords: financial leverage, operating leverage, return on equity, profitability
Abstrak
Penelitian ini bertujuan untuk mengetahui pengaruh Financial Leverage dan Operating Leverage secara parsial dan secara simultan terhadap Rentabilitas PT. Kalbe Farma, Tbk. Adapun data yang digunakan adalah Laporan Keuangan periode tahun 2002 sampai dengan tahun 2018. Teknik analisis data yang digunakan adalah Analisis Regresi Linear Berganda. Berdasarkan Hasil analisis menunjukan bahwasecara parsial Financial Leverage tidak berpengaruh signifikan terhadap Rentabilitas, sedangkan Operating Leverage secara parsial berpengaruh signifikan terhadap Rentabilitas. Secara simultan Financial Leverage dan Operating Leverage berpengaruh signifikan terhadap Rentabilitas.
Kata Kunci: financial leverage, operating leverage, return on equity, rentabilitas