scholarly journals Pengaruh Debt to Equity Ratio, Current Ratio, dan Total Asset Turnover terhadap Return on Equity pada Perusahaan Consumer Goods Industry

2020 ◽  
Vol 20 (3) ◽  
pp. 856
Author(s):  
Indah Astry Wahyuni Sagala ◽  
Cathrine J Pane ◽  
Evrina Yolanda ◽  
Ningsih Firda Yanti ◽  
Maya Sabirina Panggabean

Debts to Equty, Current Ratio, and Total Turnover of Assets to Return On Equity in the Consumer Goods Industry Company that were found on the Indonesia Stock Exchange for the period 2013-2018. This study uses a sample of 19 Consumer Goods Industry companies that were found on the Indonesia Stock Exchange in the period 2013-2018. This research is quantitative research. The data used are secondary data obtained from the site www.Idx.co.id. The sampling method is Purposive Sampling. Data analysis method used is multiple linear testing. The results showed that the Debt to Equity was insignificant to Return on Capital, the current ratio was calculated partially and significantly to Return on Capital and Total Asset Turnover was not partially related and not significant to Return on Capital. Meanwhile, all independent variables in this study support Return on Equity.

Tata Kelola ◽  
2020 ◽  
Vol 7 (1) ◽  
pp. 38-46
Author(s):  
Rahmi Nur Islami ◽  
Abdul Rahman Mus ◽  
Nurpadillah Nurpadillah

Penlitian ini dilakukan dengan bertujuan untuk mengetahui dan menganalisis apakah terdapat pengaruh DER terhadap  harga  saham  perusahaan  makanan  dan  minuman  yang terdaftar di Bursa Efek Indonesia,  pengaruh TATO, pengaruh CR dan pengaruh ROE serta pengaruh yang signifikan DER, TATO, CR dan ROE. Penelitian ini menggunakan data sekunder melalui data laporan keuangan perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia sebanyak 15 dari 27 perusahaan dengan 4 tahun yang memenuhi kriteria sebagai sampel , penelitian dilakukan januari sampai maret 2020. Data dianalisis dengan menggunakan program SPSS. Hasil Penelitian ini menunjukkan bahwa : (1) Debt  to  Equity  Ratio  (X1)  berpengaruh negatif tapi tidak signifikan  terhadap  harga  saham  pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (2) Total Asset turnover  (X2)  berpengaruh positif tapi tidak signifikan  terhadap  harga  saham  pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (3) Current Ratio (X3) berpengaruh negatif dan tidak signifkan terhadap harga saham pada perusahaan saham  pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (4) Return   on   Equity   (X4) berpengaruh  positif dan signifikan terhadap   harga   saham   pada perusahaan y perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (5) Debt to Equity Ratio (DER), Total Asset Turnover (TATO), Current Ratio (CR) dan Return on Equity (ROE) berpengaruh positif dan signifikan secara bersama-sama terhadap harga saham pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia. This research was conducted by researching to analyze and analyze the DER of the company's stock prices and beverages listed on the Indonesia Stock Exchange, using TATO, CR and the influence of ROE and showed a significant DER, TATO, CR and ROE. This study uses secondary data through the data of financial statements of food and beverage companies listed on the Indonesia Stock Exchange as many as 15 out of 27 companies with 4 years that meet the criteria as a sample, the study was conducted January to March 2020. Data were analyzed using the SPSS program. The results of this study indicate that: (1) Debt to Equity Ratio (X1) has a negative but not significant effect on stock prices on food and beverage companies listed on the Indonesia Stock Exchange (2) Total asset turnover (X2) is positive but not significant on prices shares in food and beverage companies listed on the Indonesia Stock Exchange (3) Current Ratio (X3) shows a negative and insignificant price of shares in food and beverage companies listed on the Indonesia Stock Exchange (4) Equity Returns (4) X4) positive and significant impact on the price of shares of companies and food and beverage companies listed on the Indonesia Stock Exchange (5) Debt to Equity Ratio (DER), Total Asset Turnover (TATO), Current Ratio (CR) and Return on Capital (ROE) have a positive effect and significant jointly with respect to share prices in food and beverage companies listed on the Indonesia Stock Exchange


Author(s):  
Sri Isworo Ediningsih ◽  
Agung Satmoko

Covid -19 pandemic that announced by the Indonesian government on March 2, 2020, may have an impact on the company's financial performance, marked by layoffs, decreased productivity, and decreased purchasing power of the people. This study aims to determine the financial performance of companies in the consumer goods industry sector in 2019 - 2020 (food and beverage sub-sector with pharmaceutical sub-sector) listed on the Indonesia Stock Exchange. The financial performance referred to in this study is measured by Current Ratio/CR, Debt Ratio/DR, Total Asset Turnover/TATO, Return On Equity/ROE, and Price Earning/PE. This study found that the financial performance of companies in the consumer goods industry and the financial performance of companies in the food and beverage sub-sector as measured by CR, DR, TATO, and PE increased, but ROE decreased during the pandemic Covid-19. On the other hand, the financial performance of the pharmaceutical sub-sector companies as measured by DR, TATO, ROE, and PE increased, and CR decreased during the Covid-19 pandemic.


2020 ◽  
Vol 4 (1) ◽  
pp. 81-104
Author(s):  
Evi Husnah ◽  
Iwan Setiadi

This study aims to analyze the effect of Current Ratio, Total Asset Turnover, Debt to Equity and Firm Size on Profitability in Manufacturing Companies in the Consumer Goods Industry Sector in 2011-2017. The design of this study is causal associative. The population of this study includes all Manufacturing Companies of the Consumer Goods Industry Sector Listed on the Indonesia Stock Exchange during 2011-2017. Sample selection techniques using purposive sampling method and research data obtained by 20 companies. The data analysis technique is done by using Descriptive Statistical Analysis, Classic assumption test which includes normality test, autocorrelation test, heteroscedasticity test and multicollinearity test, Multiple Linear Regression Test and Model Feasibility Test which include Determination Coefficient Test, T test and F Test. The research results partially show the Current Ratio has a negative and not significant effect on Return on Assets. Total Asset Turnover and company size have a positive and significant effect on Return on Assets, and Debt to Equity Ratio has a negative and significant effect on Return on Assets. But Simultaneously it is known that CR, TATO, DER and Size have a significant effect on ROA.


2019 ◽  
Vol 3 (2) ◽  
pp. 297
Author(s):  
Mahmudin Mahmudin ◽  
Elfreda Aplonia Lau ◽  
Beatrix Tandirerung

This research was conducted to know and analysis the effect of Current Ratio (CR), Debt to Equity Ratio (DER), Total Asset Turnover (TAT) and Firm Size (FS) on Return on Equity (ROE) in mining companies listed on the Indonesia Stock Exchange in 2013 -2018. The study was conducted using multiple linear regression methods.The results of research say that simultaneously Current Ratio (CR), Debt to Equity Ratio (DER), Total Asset Turnover (TAT) and Firm Size (FS) have a significant effect on Return on Equity (ROE. The test results show that Partially Debt to Equity Ratio (DER) and Firm Size (FS) have a positive and significant effect on Return on Equity (ROE). While Total Asset Turnover (TAT) has a positive and significant effect on Return on Equity (ROE). On the other hypothesis testing, Current Ratio (CR) has no significant effect on Return on Equity (ROE).


Author(s):  
Yusi Amelia ◽  
Rina Y Asmara

This study aims to analyze the effect of current ratio (CR), debt to equity ratio (DER), and return on equity ratio (ROE) on dividend payout ratio (DPR) in the consumer goods industry sector listed in Indonesia Stock Exchange period of 2012-2017. The sample selection in this study using purposive sampling method and got 13 companies that match the criteria. From result of research got value of adjusted R-Square equal to 62.64%. It indicated that return on equity has a significant negative effect on dividend payout ratio with regression coefficient equal to -1.070932. However, the result of current ratio has insignificant negative effect on the dividend payout ratio with regression coefficient of -2.462612 and debt to equity ratio has insignificant positive effect on the dividend payout ratio with regression coefficient of 0.012540.


2018 ◽  
Vol 19 (1) ◽  
pp. 92-102
Author(s):  
NOVIA WIJAYA

The purpose of this research is to analyze the factors affecting on dividend policy of non financial company that listed in Indonesian Stock Exchange for period 2011 until 2013. This research use return on equity (ROE), current ratio (CR), debt to equity ratio (DER), sales growth (SG), investment opportunity set (IOS), size of firm (SIZE), and total asset turnover (TATO). The data are collected from 99 non financial company listed at Indonesian Stock Exchange (BEI) and the observation period are three years. Sampling method used is purposive sampling and data analysis with multiple linear regression. Empirical evidence shows that, sales growth has influence to dividend policy and return on equity, current ratio, debt to equity ratio, investment, size firm, and total asset turnover have not influence to dividend policy.  


2020 ◽  
Vol 1 (1) ◽  
pp. 9-22
Author(s):  
Wahyu Abadi ◽  
Hermansyah Hermansyah

The purpose of the research is to examine the influence of Current Ratio, Return On Equity, and Total Asset Turn Over on Earning Per Share. The sample of this research is a paper and pulp companies listed on the Indonesia Stock Exchange period 2013 – 2017 as much as 4 companies in 5 period. Data collected from financial report from year ended 2013 – 2017. This research is used quantitative approach with a type of correlational research. This research using multiple linier regression methods with the SPSS version 24 Programs. The results of the analysis show that as simultaneously, the Current Ratio, Return On Equity, and Total Asset Turn Over have a significant effect on Earning Per Share. It showed by significant value of F-test 0,000 lower than 0,05.


Author(s):  
P. Sihombing Sihombing ◽  
Fanny Ferdiantoputera Sinaga

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.


2018 ◽  
Vol 9 (2) ◽  
pp. 149-158
Author(s):  
Fransiska Soejono ◽  
Heriyanto Heriyanto

This study aimed to examine the differences in the company’s performance before and after privatization. This study also examined the differences in performance before and after privatization on specific sub-samples of the data which is based on privatization method. Government policy of carrying out the privatization toward SOEs is still pro and contra. Various Privatization methods offer its weaknesses and strengths. There are different opinions on the best method for SOE privatization in Indonesia. The population is all companies which execute the privatization method. Secondary data were used namely financial statement which was taken from the Indonesia Stock Exchange, and the company’s website. Data were analyzed using normality test data. In addition, the paired t-test by using normally distributed data assumption was used to test the hypothesis. The results showed that Direct method privatization positive and significant changes in measuring Total Asset Turnover. Performance conducted Privatization through the capital markets showed different results. Test on the capital market method of data showed a similar effect with an analysis on the entire data (without separating the privatization method used) that occur significant performance degradation, especially in measuring Total Asset Turnover, Debt Ratio and Return On Equity. Conducted Management/ Employee Buy-Out (MBO) privatization implied a substantial reduction in measuring Debt Ratio and Return on Equity Performance.


2019 ◽  
pp. 13-26
Author(s):  
Dami Yanti Sihombing ◽  
Kornel Munthe

This study aims to determine and analyze the effect of financial performance on stock prices on plantation companies listed on the Indonesia Stock Exchange. The research population is all plantation companies listed in Indonesia Stock Exchange 2007 - 2010 as many as 7 companies. This population is also a research sample. Data were collected through documentation techniques. Data analysis technique used is multiple linear regression. From the results of the discussion can be concluded that partially that the current ratio, total asset turnover, and return on equity have a significant positive effect on stock prices, while debt ratio has a negative and significant effect on stock prices. Simultas current ratio, debt ratio, total asset turnover, and return on equity have a significant effect on stock prices at plantation companies listed in Indonesia Stock Exchange


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