Open AccessTHE EFFECT OF CURRENT RATIO, TOTAL ASSET TURNOVER, DEBT TO ASSET RATIO, AND DEBT TO EQUITY RATIO ON RETURN ON ASSETS IN PLANTATION SUB-SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE
Author(s) -
Rais Gunawan,
Marlina Widiyanti,
Shelfi Malinda,
Mohamad Adam
Publication year - 2022
Publication title -
international journal of economic, business, accounting, agriculture management and sharia administration
Language(s) - English
Resource type - Journals
ISSN - 2808-4713
DOI - 10.54443/ijebas.v2i1.139
Subject(s) - current ratio , asset turnover , debt to equity ratio , return on assets , stock exchange , debt ratio , business , return on equity , econometrics , population , equity ratio , asset (computer security) , debt , economics , finance , nonprobability sampling , computer science , medicine , computer security , environmental health
This study aims to analyze and apply the effect of the current ratio (CR), total asset turnover (TATO), debt to asset ratio (DAR), and debt to equity ratio (DER) on return on assets (ROA). The population in this study is plantation companies with 21 companies and a sample of 21 companies. The sampling technique used is a saturated sample/census; that is, all the population is sampled. The data collection technique uses documentation from financial reports published on the IDX's official website, namely www.IDX.co.id. The analysis used is multiple regression analysis. The results of this study indicate that the Current Ratio does not affect ROA, TATO has a positive and significant effect on ROA, DAR has a negative and significant effect on ROA, DER has a positive and significant effect on ROA.