scholarly journals PENGARUH CURRENT RATIO, WORKING CAPITAL TURNOVER, DEBT TO EQUITY RATIO, DAN TOTAL ASSETS TURNOVER TERHADAP RETURN ON INVESTMENT PADA PERUSAHAAN MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 14 (4) ◽  
Author(s):  
Christina Christina ◽  
Monica Monica ◽  
Agnes Aurelia ◽  
Sherley Fitria ◽  
Lina Lina ◽  
...  

The purpose of this research is to provide and increase knowledge for the readers and to analyze the effect of Current Ratio, Working Capital Turnover, Debt to Equity Ratio, and Total Assets Turnover on Return on Investment in food and beverage companies listed on the Indonesia Stock Exchange for the period 2012-2017. The study population used was 20, the research sample of 11 companies. The research method uses quantitative statistics. The data analysis technique uses the classic assumption test. Hypothesis testing is assessed by multiple linear regression test, T test, and F test. The hypothesis test results of the determination coefficient obtained Adjusted R Square (R2) value of 58%, so it can be said that the variable Current Ratio (X1), Debt to Equity Ratio (X2), Working Capital Turnover (X3), and Total Assets Turnover (X4) affect the Return on Investment (Y) of 58% and the remaining 42% is influenced by other variables that are not found in this study.

2013 ◽  
Vol 3 (2) ◽  
pp. 133
Author(s):  
Khoirul Huda ◽  
Salamatun Asakdiyah

This research was aimed to know whether there was an influence of Debt to Equity Ratio (DER), Current Ratio (CR), Return on Investment (ROI) towards Dividend Payout Ratio (DPR) in food and beverage companies listed in Indonesian Stock Exchange of 2010-2012 periods. Populations in this research were 18 food and beverage companies listed in Indonesian Stock Exchange of 2010-2012 periods. Sampling technique used a Purposive Sampling. It obtained 10 companies entered in the criteria. The analysis technique used a panel data regression and a hypothesis test using t-test with trust level of 5%, Out of the three independent variables i.e. Debt to Equity Ratio (DER), Current Ratio (CR), Return On Investment (ROI), and Current Ratio (CR) significantly Dividend Payout Ratio (DPR). R-square value was 38.5%.


2017 ◽  
Vol 13 (1) ◽  
pp. 46-62
Author(s):  
Aries Veronica

The purpose of this study was to determine financial performance to stock price ofminning industries at Indonesian Stock Exchange . This research is field research withdata collection techniques using documentation that the sample size is as much as 33emitten. To test the effect of the financial performance to stock price used multipleregression analysis techniques and to test research hypotheses, F test and t test.From the results of calculations using SPSS for Windows version 17, showed that: thevalue of R Square (R2) illustrates that the Stock price (Y), can be explained by thefinancial performance amounted to 65.6%, while the rest 34.4%, can be explained byother factors, which are not included in this study. F Hypothesis test results, obtainedvalue of sig. (98,701)>(0.05), this means that there is influence of the current ratio, totalasset turnover , return on investment, and total debt to total asset ratio together againststock price. While the results of hypothesis testing t as follows: 1) sig. (0.000)< (0.05),which means that there is effect current ratio to stock price; 2) sig.(0.004) < (0.05),which means that there is effect debt to equity ratio to stock price; 3) sig.(0.846) >(0.05), which means that there is no effect total asset turnover to stock price; 4)sig.(0.000) (0.05), which means that there is no effect return on investment to stock price,and 5) sig.(0.700)>(0.05), which means that there is no effect total debt to total assetratio to stock price


2016 ◽  
Vol 1 (1) ◽  
Author(s):  
Erwin Dyah A. ◽  
Umi Kholifah

Research on the influence of the efficiency of working capital, liquidity and solvency to profitability on industrial consumer goods intends to analyze effect to working capital efficiency, liquidity and solvency to profitability on industrial consumer goods. The research data acquired of financial statements (secondary) and processed using SPSS 22.0 program. Objects of this research were industrial consumer goods companies listed on the Indonesian Stock Exchange (ISE) in the period 2011 to 2014 with sample of as many as 16 companies. The results of research to point out that : (1) Partially only variable working capital turnover (WCT) and the current ratio (CR) which has a significant influence on the return on investment (ROI) while the variable debt to equity ratio (DER) was not proven significant effect on return on investment (ROI), it is confirmed from the results of t-test showed significance level obtained from variable working capital turnover (WCT) and the current ratio (CR) is smaller than the standard used is 0% and 3,3% from 5% whereas the level of significance of variable debt to equity ratio (DER) is greater than the standard used is 23,7% of 5%. (2) simultaneously, working capital turnover (WCT), current ratio (CR) and debt to equity ratio (DER) on return on investment (ROI) have a positive and significant effect on return on investment (ROI), which is evident from the results of the f-test showed significance level obtained is smaller than the standard used is 0% from 5%. (3) Variable working capital turnover (WCT) has a dominant influence on the return on investment (ROI) with a correlation obtained by 25,71%.Keywords : working capital efficiency (WCT), liquidity (CR), solvency (DER), profitability (ROI), industrial consumer goods companies.


2020 ◽  
Vol 9 (9) ◽  
pp. 3403
Author(s):  
Firdaus Fridikus Matondang ◽  
Eni Wuryani

The purpose of this study was to determine the effect of activity, liquidity and solvency on profitability in food and beverage companies listed on the Indonesia Stock Exchange in 2014-2018. The sample used is 60 annual financial report data selected based on a targeted sample using a purposive sample. This type of research is quantitative research. The data analysis technique used multiple linear regression with the help by means of SPSS test equipment. Measurement of research variables using working capital turnover ratio, quick ratio, debt to equity ratio and return on asset. The results showed that activity and liquidity partially affected profitability, while solvency did not affect profitability. Keywords: Activity;Liquidity;Profitability;Solvency


2017 ◽  
Vol 13 (1) ◽  
pp. 46-62
Author(s):  
Aries Veronica

The purpose of this study was to determine financial performance to stock price ofminning industries at Indonesian Stock Exchange . This research is field research withdata collection techniques using documentation that the sample size is as much as 33emitten. To test the effect of the financial performance to stock price used multipleregression analysis techniques and to test research hypotheses, F test and t test.From the results of calculations using SPSS for Windows version 17, showed that: thevalue of R Square (R2) illustrates that the Stock price (Y), can be explained by thefinancial performance amounted to 65.6%, while the rest 34.4%, can be explained byother factors, which are not included in this study. F Hypothesis test results, obtainedvalue of sig. (98,701)>(0.05), this means that there is influence of the current ratio, totalasset turnover , return on investment, and total debt to total asset ratio together againststock price. While the results of hypothesis testing t as follows: 1) sig. (0.000)< (0.05),which means that there is effect current ratio to stock price; 2) sig.(0.004) < (0.05),which means that there is effect debt to equity ratio to stock price; 3) sig.(0.846) >(0.05), which means that there is no effect total asset turnover to stock price; 4)sig.(0.000) (0.05), which means that there is no effect return on investment to stock price,and 5) sig.(0.700)>(0.05), which means that there is no effect total debt to total assetratio to stock price


2020 ◽  
Vol 20 (3) ◽  
pp. 851
Author(s):  
Cristin Natasia Tambunan ◽  
Hendro Nababan ◽  
Muhammad Fikri Hakim ◽  
Elsa Elfrida Simatupang

This study aims to analyze the effect of Debt to Assets Ratio, Inventory Turnover, and Earning Per Share on Stock Prices in Food and Beverage Companies on the Indonesia Stock Exchange for the 2014-2018 period. The population that been used in the research was 11 companies and the number of samples was 55 samples.  The research method uses quantitative statistics.  The data analysis technique is the classical assumption test. Hypothesis testing with multiple linear regression test, T-test, and F-tests. The results of the hypothesis test of the coefficient of determination obtained an Adjusted R Square (R2) value of 7%, it can be said that the variable Debt to Assets Ratio (X1), Inventory Turnover (X2) and Earning Per Share (X3), affects the stock price by 7% and the remaining 93% from other variables not included in this study..


2015 ◽  
Vol 9 (1) ◽  
pp. 23
Author(s):  
Ariwan Joko Nusbantoro

This research aims to examine the effect of Current Ratio, Debt to Equity Ratio, Inventory Turnover, and Total Assets Turnover to Return on Equity of Food and Beverage companies, Listed on Indonesian Stock Exchange. The data were data from 2003 to 2008, containing a sample of 15 companies. A purposive sampling method was employed generating a total of 63 observations. Multiple Linear Regression Analysis is used to test hypotheses. The Results show that Current Ratio, Inventory Turnover, and Total Assets Turnover are significantly influenced Return on Equity leading to accept the proposed hypotheses. Debt to Equity Ratio has negative and significant influence on return on equity but it was in opposite direction. Keywords: Current Ratio or Working Capital Ratio, Debt to Equity Ratio, Inventory Turnover, Total Assets Turnover, and Return on Equity.


2013 ◽  
Vol 2 (1) ◽  
Author(s):  
Agus Rahman Alamsyah

<p><em>This research aims to empirically examine the influence of liquidities and profitabilities to capital structure. Samples are 15 food and beverage sectors listed in Jakarta Stock Exchange (JSE) during 2006-2010. Multiple regressions are used to test hypotheses.  Financial ratios used in the liquidity ratio and profitability ratio, variable in this study are independent and dependent variables. The independent variable consist of Current Ratio (CRR), Cash Ratio (CAR), </em><em>Quick-acid Test Ratio (QUR), Working Capital to Total Assets Ratio (WCR), Net Profit Margin (NPM), Rate of Return on Investment (ROI), and Rate of Return for the Owner-equity (ROE), and the dependent variable consist of Debt to Equity Ration (DER) and Debt to Assets Ratio (DAR). Results show that the liquidity ratio (</em><em>cash ratio and working capital to total assets ratio) have negative impact on companies’ capital structure (debt to equity ratio and debt to assets ratio), but liquidity ratio is </em><em>quick-acid test ratio has positive impact on companies’ capital structure (debt to equity ratio and debt to assets ratio). </em><em> However profitability ratio (</em><em>rate of return on investment) have negative impact on capital structure (debt to equity ratio and debt to assets ratio) to support the pecking order theory. The theory stated that the higher profitability the more retained returns so capital structure become lower.</em></p> <p><strong><em> </em></strong></p> <p><strong><em> </em></strong><em> </em></p> <p> </p>


2016 ◽  
Vol 10 (2) ◽  
pp. 1-10
Author(s):  
Agus Rahman Alamsyah ◽  
Zainul Muchlas

This study aims to determine how much influence the liquidity proxied current ratio (CR), the efficiency of working capital is proxied working capital turnover (WCT) and the leverage that proxy debt to equity ratio (DER) to profitability that proxy return on investment (ROI) on companies Manufacturing Sector Consumer Goods Industry listed in the Indonesia Stock Exchange. The results showed that the variable current ratio (CR) partially no effect on the return on investment (ROI), variable working capital turnover (WCT) partially significant effect on return on investment (ROI) variable debt to equity ratio (DER) is partial no significant effect on return on investment (ROI). Variable current ratio (CR), working capital turnover (WCT), debt to equity ratio (DER) simultaneously affect the return on investment (ROI) at manufacturing consumer goods industry sectors listed on the Jakarta Stock Exchange 


2020 ◽  
Vol 2 (1) ◽  
pp. 59-71
Author(s):  
Tyas Nur'Aini ◽  
Lailiatus Sa'adah ◽  
Ita Rahmawati

This study aims to analyse the effect of the current ratio, debt to equity ratio, return on equity to return on Food and Beverage companies listed on the Indonesia Stock Exchange in 2014-2018, both partially and simultaneously. The population in this study are all Food and Beverage companies listed on the Indonesia Stock Exchange in 2014-2018, amounting to 26 companies. The sampling technique in this study used a non probability sampling method by purposive sampling and the samples taken were 5 companies. The technique of collecting research data uses documentation obtained from the Indonesia Stock Exchange website and its data analysis techniques use panel data regression analysis, classic assumption test and hypothesis test. Based on the t test that has been done shows that partially the current ratio (CR) does not significantly influence the return on Food and Beverage companies listed on the Indonesia Stock Exchange in 2014-2018, debt to equity ratio (DER) does not significantly influence the return on Food and Beverage companies listed on the Indonesia Stock Exchange in 2014-2018, return on equity (ROE) has a significant effect on returns on Food and Beverage companies listed on the Indonesia Stock Exchange in 2014-2018. based on the F test it can be concluded that the current ratio, debt to equity ratio and return on equity together have no effect on returns on Food and Beverage companies listed on the Indonesia Stock Exchage in 2014-2018.


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