Pengaruh Total Debt Equity Ratio (DER) dan Total Asset Turnover (TATO) Terhadap Profitabilitas (ROE) pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek

The purpose of this study is to determine the effect of Total Debt Equity Ratio (DER) and Total Asset Turnover (TATO) on Profitability (ROE) in Manufacturing Companies listed on the IDX. The research method used is quantitative, with associative approaches. The sampling technique used in this study was nonprobability sampling with purposive sampling technique. The data analysis technique used in this study is the normality test and partial test (t test). The results of the partial test (t test) show that the tcount of variables The total debt equity ratio (DER) is 1.660 with a significant level of more than 0.05, which is 0.105 (0.105> 0.05), tcount = 1.660 <table = 2014, then Ho is accepted and Ha is rejected, which means that the Total debt equity ratio does not have a significant effect on profitability (ROE) and tcount of the variable Total asset turnover (TATO) of 3,341 with a significant level of less than 0.05 which is 0.002 (0.002 <0.05). Tcount = 3,341> t table = 2014. The results of this study show that partially only total asset turnover has an effect on profitability (ROE). Keywords : Total Debt Equity Ratio (DER), Total Asset Turnover (TATO), Return on Equity (ROE)

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PENGARUH RETURN ON EQUITY (ROE), DEBT TO EQUITY RATIO (DER) DAN TOTAL ASSET TURNOVER (TATO) TERDAHAP RETURN SAHAM PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI

JURNAL ILMIAH EDUNOMIKA ◽

10.29040/jie.v5i1.1938 ◽

2021 ◽

Vol 5 (1) ◽

Author(s):

Siska Audina Bambang Siswanto

Keyword(s):

Stock Returns ◽

Secondary Data ◽

Sampling Technique ◽

Total Asset ◽

Coefficient Of Determination ◽

Manufacturing Companies ◽

Return On Equity ◽

Insignificant Effect ◽

Asset Turnover ◽

Equity Ratio

This study was conducted to examine the effect of Return on Equity, Debt to Equity Ratio and Total Asset Turnover on stock returns in manufacturing companies listed on the IDX for the 2014-2018 period. The population in this study were 143 manufacturing companies for the 2014-2018 period. The sampling method used was purposive sampling technique and the selected sample met the criteria of 40 companies so that the data used was 200. This study used secondary data and the analysis method used was the classical assumption test, multiple linear regression, t test, f test and coefficient of determination. . Based on the results of data analysis, it can be concluded that the ROE variable has a positive and significant effect on stock returns, the DER variable has a positive and insignificant effect on stock returns, the TATO variable has a positive and insignificant effect on stock returns. There is a significant influence of the ROE, DER and TATO variables simultaneously on Stock Return.

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RETURN ON EQUITY, DEBT TO TOTAL ASSET RATIO, AND COMPANY VALUE

Riset ◽

10.37641/riset.v3i2.88 ◽

2021 ◽

Vol 3 (2) ◽

pp. 534-549

Author(s):

Rahmawati Hanny Yustrianthe ◽

Sufyana Mahmudah

Keyword(s):

Firm Value ◽

Stock Exchange ◽

Secondary Data ◽

Sampling Technique ◽

Total Asset ◽

Manufacturing Companies ◽

Return On Equity ◽

Company Value ◽

Normality Test ◽

Positive Effect

This study aimed to determine the effect of Return on Equity (ROE) and Debt to Total Asset Ratio (DAR) on Firm Value in manufacturing companies listed on the Indonesia’s Stock Exchange 2015-2019, both partially and simultaneously. The research was categorized as an associative research by using. 179 companies listed on the Indonesia Stock Exchange (BEI) as a population. The sample obtained from 63 companies were selected using purposive sampling technique. The data in this study are secondary data obtained through the Indonesia Stock Exchange (BEI) and related company websites then being analyzed with multicollinearity test, heteroscedasticity test, autocorrelation test, multiple linear regression test, and normality test. The results showed that the Return on Equity (ROE) has a positive effect on Firm Value, Debt to Total Asset Ratio (DAR) has no significant effect on firm value, and Return on Equity (ROE) & Debt to Total Asset Ratio (DAR) has affect on firm value. Keywords: ROE, DAR, Book Value.

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Faktor-Faktor yang Mempengaruhi Stock Price Pada Perusahaan Manufaktur di Bursa Efek Indonesia

Media Riset Bisnis & Manajemen ◽

10.25105/mrbm.v19i1.5354 ◽

2019 ◽

Vol 19 (1) ◽

pp. 1

Author(s):

Silvia Maryana Wijaya ◽

Henny Setyo Lestari

Keyword(s):

Stock Price ◽

Total Asset ◽

Manufacturing Companies ◽

Dividend Yield ◽

Dividend Payout ◽

Return On Equity ◽

Purposive Sampling ◽

Turnover Ratio ◽

Asset Turnover ◽

Equity Ratio

AbstrakTujuan– Penelitian ini bertujuan untuk menganalisis faktor-faktor penentu harga saham pada perusahaan manufaktur di Bursa Efek Indonesia untuk periode 2013-2017Desain/Metodologi/Pendekatan - Jumlah sampel yang diambil dalam penelitian ini ada 33 perusahaan dengan teknik pengambilan sampel yang digunakan adalah purposive sampling. Variabel dependen dalam penelitian ini adalah harga saham. Variabel independen adalah laba atas ekuitas, dividen per saham, laba per saham, rasio pembayaran dividen, rasio ekuitas utang, rasio total perputaran aset dan hasil dividen.Hasil – Hasil penelitian ini menunjukkan bahwa dividen per saham memiliki pengaruh positif signifikan terhadap harga saham. Rasio ekuitas hutang, rasio total perputaran aset dan hasil dividen memiliki pengaruh negatif yang signifikan terhadap harga saham. Pengembalian ekuitas, laba per saham, dan rasio pembayaran dividen tidak berpengaruh pada harga saham. AbstractPurpose –This study aimed to analyze of determinants of stock price on manufacturing companies in Indonesia Stock Exchange for the period of 2013-2017Design/Methodology/Approach: The number of samples taken in this study there are 33 companies with sampling technique used was purposive sampling. Dependent variable in this research is stock price. The independent variables are return on equity, dividend per share, earning per share, dividend payout ratio, debt equity ratio, total asset turnover ratio and dividend yield.Finding –The results of this research indicate that the dividend per share has a significant positive effect on stock price. Debt equity ratio, total asset turnover ratio and dividend yield have significant negative effect on stock price. Return on equity, earning per share, and dividend payout ratio doesn’t have effect on stock price.

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DETERMINANTS OF FUNDAMENTAL STOCK RETURN FACTORS AT TEXTILE AND GARMENT COMPANY, ANALYSIS DATA PANEL FOR PERIOD 2012 - 2019

Dinasti International Journal of Economics, Finance & Accounting ◽

10.38035/dijefa.v1i4.531 ◽

2020 ◽

Vol 1 (4) ◽

pp. 581-592

Author(s):

P. Sihombing Sihombing ◽

Fanny Ferdiantoputera Sinaga

Keyword(s):

Stock Returns ◽

Stock Exchange ◽

Sampling Technique ◽

Analysis Data ◽

Total Asset ◽

Annual Data ◽

Current Ratio ◽

Return On Equity ◽

Asset Turnover ◽

Equity Ratio

This research aims to examine and analyze the effect of current ratio, total asset turnover, debt to equity ratio and return on equity on the value of stock of textile and garment companies in the Indonesia Stock Exchange for the period of 2012 to 2019. This research uses annual data for the observation period from 2012 to 2019. The population is textile and garment companies listed on the Indonesia Stock Exchange in 2012 to 2019 and up to 19 companies. The sampling technique used purposive sampling, found a sample of 7 companies with 8 years observation so that the total observation obtained was 56. The model used is the Common Effect Model. The results of the analysis show that the total asset turnover have a significant negative effect and return on equity have a significant positive effect, while the current ratio and debt to equity ratio have no significant effect on stock returns of textile and garment companies in the Indonesia Stock Exchange for the period of 2012 to 2019.

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Effect of Financial Performance on Dividend Policy in Manufacturing Companies in Indonesia Stock Exchange

IJBE (Integrated Journal of Business and Economics) ◽

10.33019/ijbe.v2i1.58 ◽

2018 ◽

Vol 2 (1) ◽

pp. 49

Author(s):

Delfian Rian Zaman

Keyword(s):

Stock Exchange ◽

Hypothesis Test ◽

Sampling Technique ◽

Manufacturing Companies ◽

Partial Regression Coefficient ◽

Dividend Payout ◽

Normality Test ◽

Analysis Technique ◽

Equity Ratio ◽

Level Of Significance

This study aims to examine the effect of cash ratio, debt to equity ratio, and return on the asset to dividend payout ratio on manufacturing companies listed on Indonesia Stock Exchange with observation period 2010-2014. The sampling technique used is purposive sampling so that the number of samples is 27 companies. The analysis technique used in this research is multiple linear regression and hypothesis test using t-statistic to test partial regression coefficient and f-statistic to test the feasibility of research model with a level of significance 5%. Besides, there is also a classic assumption test that includes normality test, multicollinearity test, heteroscedasticity test and autocorrelation test. The result of the analysis shows that the variable of cash ratio and return on asset have positive and significant influence, while the variable of debt to equity ratio has a negative and significant effect to dividend payout ratio.

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Rasio Keuangan dalam Memprediksi Pertumbuhan Laba Pada Perusahaan Tambang Minyak dan Gas Bumi Yang Terdaftar Di Bursa Efek Indonesia, Periode 2012-2016

Jurnal Riset Inspirasi Manajemen dan Kewirausahaan ◽

10.35130/jrimk.v2i1.29 ◽

2018 ◽

Vol 2 (1) ◽

pp. 46-50

Author(s):

Nenik Mey Yetty ◽

Prihat Assih ◽

Gaguk Apriyanto

Keyword(s):

Linear Regression Analysis ◽

Secondary Data ◽

Sampling Technique ◽

Profit Margin ◽

Total Asset ◽

Current Ratio ◽

Return On Equity ◽

Net Profit ◽

Asset Turnover ◽

Equity Ratio

This study aimed to examine the influence of independent variabel : Current ratio (X1), Debt to Equity Ratio (X2), Total Asset Turnover (X3), Net Profit Margin (X4) and Return on Equity (X5) the Growth Profit (Y) in the period 2012-2016. The research is using secondary data that obtained from Bursa Efek Indonesia (BEI). Sampling technique that used on this research is purposive sampling. The number of samples in this research is about 7 company. Hypothesis testing is done by using multiple linear regression analysis. Result of the research shows that theres positive influence between variabel current ratio, debt to equity ratio, total asset turnover, net profit margin. Return on equity proved no significant effect on against the growth of profit in oil and word gas campany in period 2012-2016.

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ANALISIS RASIO LIKUIDITAS, SOLVABILITAS, AKTIVITAS, DAN PROFITABILITAS PT. ALAM SUTERA REALTY, TBK. (ASRI) PERIODE 2014-2019

Jurnal Ekonomi Manajemen Sistem Informasi ◽

10.31933/jemsi.v2i3.415 ◽

2021 ◽

Vol 2 (3) ◽

pp. 309-320

Author(s):

Ariela Griselda

Keyword(s):

Profit Margin ◽

Total Asset ◽

Debt Ratio ◽

Current Ratio ◽

Return On Equity ◽

Total Debt ◽

Asset Turnover ◽

Equity Ratio

Penelitian ini bertujuan untuk mengetahui kinerja keuangan PT. Alam Sutera Realty, Tbk. (ASRI) yang diukur dengan menggunakan rasio likuiditas (current ratio), rasio solvabilitas (total debt ratio dan debt equity ratio), rasio aktifitas (receivables turnover dan total asset turnover), dan rasio profitabilitas (profit margin dan return on equity). Data yang digunakan dalam penelitian ini adalah laporan keuangan PT. Alam Sutera Realty, Tbk. dari tahun 2014 hingga 2019. Metode analisis dalam penelitian ini adalah analisis statistik deskriptif yang digunakan untuk menjelaskan rasio-rasio keuangan perusahaan.

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ANALYSIS OF INFLUENCE OF QUICK RATIO, TOTAL ASSET TURN OVER, AND DEBT TO EQUITY TO PROFITABILITY (EMPIRICAL STUDIES AT IDX-LISTED MANUFACTURING COMPANIES at 2017-2019)

Journal Competency of Business ◽

10.47200/jcob.v5i1.876 ◽

2021 ◽

Vol 5 (1) ◽

pp. 75-88

Author(s):

Widia Anggraini

Keyword(s):

Stock Exchange ◽

Empirical Studies ◽

Sampling Technique ◽

Total Asset ◽

Manufacturing Companies ◽

Return On Equity ◽

Negative Effect ◽

Asset Turnover ◽

Turn Over ◽

Positive Effect

Profitability is a tool used to analyze management performance, the level of profitability will describe the company's profit position. Profitability ratio is the ratio used in assessing a company's capacity to earn profits based on its normal business activities. This study aims to determine the effect of the quick ratio, total asset turnover, and debt to equity on profitability. The population of this research is manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2017-2019 period. The companies sampled in this study were 34 manufacturing companies listed on the Indonesia Stock Exchange. The sampling technique used by researchers is non probability sampling with purposive sampling technique. This study uses a quantitative approach with data processing using the SPSS 25 for windows application. The results of this study indicate that, (1) the quick ratio has a positive effect on return on equity, this is indicated by a significant value of 0.019 which means less than α = 0.05 with a coefficient value of 2.397. (2) total asset turnover has a positive effect on return on equity, this is indicated by a significant value of 0,000 which means it is smaller than α = 0.05 with a coefficient value of 2.184. (3) debt to equity has a negative effect on return on equity, this is indicated by a significant value of 0.008 which means it is smaller than α = 0.05 with a coefficient value of -2.762.

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PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, RETURN ON EQUITY, TOTAL ASSET TURNOVER, DIVIDEN PAYOUT RATIO TERHADAP RETURN SAHAM PADA PERUSAHAAN OTOMOTIF

Media Bisnis ◽

10.34208/mb.v11i2.940 ◽

2020 ◽

Vol 11 (2) ◽

pp. 155-162

Author(s):

MATIUS WAHYUDI ◽

TITA DEITIANA

Keyword(s):

Stock Return ◽

Stock Exchange ◽

Sampling Technique ◽

Fixed Effect Model ◽

Total Asset ◽

Current Ratio ◽

Return On Equity ◽

Effect Model ◽

Asset Turnover ◽

Equity Ratio

The purpose of this research is to test and analyze empirically the influence of current ratio, debt to equity ratio, return on equity, total asset turnover, and dividen payout ratio toward stock return. The object of this research is automotive sector companies that listed in Indonesia Stock Exchange period 2009-2015. The purposive sampling is used as sampling technique, where 8 companies met the criteria and were analyzed using Eviews9 panel data regression with fixed effect model to test the hyphotesis. The result of this research shows that current ratio, return on equity, total asset turnover influence stock return, while debt to equity ratio, and dividen payout ratio do not influence stock return.

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ANALISIS KINERJA KEUANGAN MELALUI RASIO KEUANGAN PADA PT. GUDANG GARAM, Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA

SULTANIST: Jurnal Manajemen dan Keuangan ◽

10.37403/sultanist.v3i2.49 ◽

2018 ◽

Vol 3 (2) ◽

pp. 9-16

Author(s):

Cindy Eveline Sitanggang ◽

Darwin Lie ◽

Parman Tarigan ◽

Ady Inrawan

Keyword(s):

Profit Margin ◽

Total Asset ◽

Fixed Asset ◽

Current Ratio ◽

Return On Equity ◽

Total Debt ◽

Net Profit ◽

Asset Turnover ◽

Inventory Turnover ◽

Equity Ratio

Tujuan penelitian ini adalah: 1) Untuk mengetahui dan menganalisis kinerja keuangan pada PT. Gudang Garam, Tbk bila diukur dengan rasio keuangan dari tahun 2009 sampai dengan tahun 2014. 2) Untuk mengetahui faktor-faktor yang menyebabkan terjadinya penurunan kinerja keuangan PT. Gudang Garam, Tbk dari tahun 2009 sampai dengan tahun 2014.Penelitian ini dilakukan dengan menggunakan data kualitatif dan data kuantitatif. Objek penelitian yang diteliti adalah PT. Gudang Garam, Tbk yang terdaftar di Bursa Efek Indonesia. Sumber data yang digunakan penulis dalam penelitian ini adalah data sekunder yang diperoleh dari website http://www.idx.co.id. Metode pengumpulan data dilakukan dengan menggunakan metode dokumentasi. Pada penelitian ini penulis menggunakan alat analisis antara lain: current ratio, quick ratio, total debt to total asset ratio, total debt to equity ratio, inventory turnover, fixed asset turnover, asset turnover, net profit margin, return on asset dan return on equity. Berdasarkan hasil penelitian, dapat disimpulkan bahwa kinerja keuangan PT. Gudang Garam, Tbk dari tahun 2009 sampai dengan tahun 2014 yang diukur melalui rasio profitabilitas cenderung mengalami penurunan. Penurunan kinerja keuangan disebabkan oleh rasio aktivitas dan rasio solvabilitas (leverage).Hasil penelitian menyarankan sebaiknya PT. Gudang Garam, Tbk tetap melakukan analisis laporan keuangan secara keseluruhan dan rutin, dan juga meningkatkan aktiva lancarnya serta menekan persentase kenaikan hutang perusahaan.

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