THE EFFECT OF RETURN ON ASSET, NON DEBT TAX SHIELD, ASSET GROWTH, COMPANY SIZE, AND CURRENT RATIO, AGAINST DEBT  TO ASSET RATIO ON COMPANIES CONSUMER GOODS LISTED ON  INDONESIA STOCK EXCHANGE FOR THE PERIOD (2011-2017)

This research was conducted on Consumer Goods companies listed on the IDX (Indonesia Stock Exchange) for the period 2011 - 2017, aiming to examine the effect of Return on Assets (ROA), Non debt tax shield (NDTS), Asset Growth (GROWTH) Company Size (Size) , and Current Ratio (CR) simultaneously or partially to Debt to Asset Ratio (DAR). The sampling technique used was purposive sampling. The sample used in this study amounted to 26 companies, a total of 182 data. The data analysis technique in this research is multiple linear regression analysis, classic assumption test (normality, multicollinearity, heteroscedasticity, and autocorrelation), hypothesis testing, and the coefficient of determination. The software used for data processing is SPSS 22.0. The results of multiple linear regression analysis show the equation Ln_DAR = 2.119 - 0.041Ln_ROA + 0.091 Ln_NDTS + 0.0003 Ln_GROWTH - 0.030 Ln_SIZE - 0.565 Ln_CR + e with an F test of 103.468. The t-test value for the Return on Assets (ROA) variable is -2.529; the t-test value for the Non debt tax shield (NDTS) variable was 2,629; t test value for asset growth variable (GROWTH) is -0.014. t test value for variable firm size (Size) is -0.172; Current Ratio (CR) variable t test value of -21,437. The coefficient of determination (Adjusted R Square) is 0.739 or 73.9%, while the remaining 26.1% is influenced by other factors outside of this research model.

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PENGARUH WORKING CAPITAL TURNOVER (WCT), CURRENT RATIO (CR), DAN TOTAL ASSETS TURNOVER (TATO) TERHADAP PROFITABILITAS

Moneter - Jurnal Akuntansi dan Keuangan ◽

10.31294/moneter.v8i1.8798 ◽

2021 ◽

Vol 8 (1) ◽

pp. 1-8

Author(s):

Melia Trie Utami ◽

Gusganda Suria Manda

Keyword(s):

Research Method ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Multiple Linear Regression Analysis ◽

Coefficient Of Determination ◽

Working Capital ◽

Return On Assets ◽

Current Ratio ◽

Negative Effect ◽

Positive Effect

The purpose of this study was to examine and analyze the effect of Working Capital Turnover (WCT), Current Ratio (CR), and Total Assets Turnover (TATO) on Profitability with the Return On Assets (ROA) proxy on cigarette sub sector companies listed on the Indonesia Stock Exchange (IDX) quarterly in 2014-2019, both partially and simultaneously. The research method used is descriptive verification with quantitative approaches. The sample in this study used purposive sampling. The statistical method used is the method of multiple linear regression analysis. The results showed that the Working Capital Turnover (WCT), Current Ratio (CR), and Total Assets Turnover (TATO) simultaneously had a significant effect on the Return on Assets (ROA) profitability. Partially Working Capital Turnover (WCT) has a significant negative effect on Return on Assets (ROA) profitability, Current Ratio (CR) has no effect on Return on Assets (ROA) Profitability, and Total Assets Turnover (TATO) has a significant positive effect on Return on Profitability Assets (ROA). The coefficient of determination obtained by 0.429 means that only 42.9% Profitability Return on Assets (ROA) is influenced by Working Capital Turnover (WCT), Current Ratio (CR), and Total Assets Turnover (TATO) and the rest 57.1 % is influenced by other variables.

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THE EFFECT OF CURRENT RATIO, DEBT TO ASSETS RATIO AND WORKING CAPITAL TURNOVER ON RETURN ON ASSSETS IN PLASTIC COMPANIES AND PACKING LISTED ON INDONESIA STOCK EXCHANGE

International Journal of Educational Review, Law And Social Sciences (IJERLAS) ◽

10.54443/ijerlas.v1i2.38 ◽

2021 ◽

Vol 1 (2) ◽

pp. 103-116

Author(s):

Dedek Kurniawan Gultom ◽

Bahril Datuk ◽

Mei Indriani

Keyword(s):

Stock Exchange ◽

Linear Regression Analysis ◽

Multiple Linear Regression Analysis ◽

Coefficient Of Determination ◽

Research Approach ◽

Working Capital ◽

Return On Assets ◽

Current Ratio ◽

Analysis Technique ◽

Positive Effect

This research was conducted with the aim of knowing the effect of the Current Ratio, Debt to Assets Ratio and Working Capital Turnoveron Return On Assets in plastic and packaging companies listed on the Indonesia Stock Exchange. The population in this study is all plastic and packaging company listed on the Indonesia Stock Exchange while the sample that meets the criteria for sampling observations carried out for seven years and as many as six yearsplastic and packaging company listed on the Indonesia Stock Exchange. This research approach uses associative research.Data collection techniques in this study using documentation techniques. cand the analysis technique used is multiple linear regression analysis, hypothesis testing and coefficient of determination. The results showed that the independent variables in this study had a simultaneous effect on Return On Assets. While the partial test proves the Cuirrent Ratio variable has a significant effect on Return On Assets, while partially proves the Debt to Assets Ratio variable andWorking Capital Turnover does not have a positive effect on Return On Assets in plastic and packaging companies listed on the Indonesia Stock Exchange.

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Pengaruh Current Ratio (CR) Dan Debt To Asset Ratio (DAR) Terhadap Return On Asset (ROA)

Journal of Economic Bussines and Accounting (COSTING) ◽

10.31539/costing.v4i2.1661 ◽

2021 ◽

Vol 4 (2) ◽

pp. 492-497

Author(s):

Cindy Febrianti ◽

Sri Suartini

Keyword(s):

Sampling Method ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Asset Returns ◽

Multiple Linear Regression Analysis ◽

Financial Health ◽

Return On Assets ◽

Current Ratio ◽

Testing Method ◽

Research Population

One way to look at a company's financial health is by using financial ratios. This study aims to determine and analyze the effect of Current Ratio (CR), Dept to Asset Ratio (DAR) on Return On Assets (ROA). The research population used is all plastic and packaging companies listed on the Indonesia Stock Exchange (BEI) for the 2014-2018 period. The research sample consisted of 9 companies selected using purposive sampling method from 14 companies obtained from the website of the Indonesia Stock Exchange (BEI) and the sites of the sample companies. The hypothesis testing method used is multiple linear regression analysis. The results showed that Current Ratio (CR) has an effect on Return On Assets (ROA). And Dept to Asset Ratio (DAR) has no effect on Return On Assets (ROA). Keywords: Current Ratio, Debt to Assets Ratio, Asset Returns

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RASIO KEUANGAN DALAM MEMPREDIKSI KEBANGKRUTAN PERUSAHAAN PERTAMBANGAN BATUBARA

Equity ◽

10.34209/.v20i2.622 ◽

2019 ◽

Vol 20 (2) ◽

pp. 31

Author(s):

Eva Lisnawati Sidabalok ◽

Dwi Risma Deviyanti ◽

Yoremia Lestari Ginting

Keyword(s):

Coal Mining ◽

Financial Distress ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Debt Ratio ◽

Return On Assets ◽

Current Ratio ◽

Negative Effect

The purpose of this study was to analyzed how much influence the return on assets (ROA), current ratio (CR), and debt ratio (DR) to the financial distress of coal mining companies listed in Indonesian Stock Exchange the period of 2010 – 2015. This study used secondary data obtained from IDX website with data collection method of purposive sampling then obtained 35 data sample research. Method of data analysis in this research is multiple linear regression analysis. Result of this research is return on assets (ROA) have significant positive effect to financial distress, current ratio (CR) has no positive significant effect on financialdistress, and debt ratio (DR) has a significant negative effect on financial distress of coal mining company. The results of this study obtained R square value of 0.869 which means the company’s financial distress condition can be predicted by using the four independent variabels.

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Hubungan Current Ratio, Struktur Modal, dan Ukuran Perusahaan terhadap Kinerja Keuangan Perusahaan Pertambangan yang Terdaftar di BEI Periode 2014-2016

Jurnal Maksipreneur Manajemen Koperasi dan Entrepreneurship ◽

10.30588/jmp.v8i1.375 ◽

2018 ◽

Vol 8 (1) ◽

pp. 81

Author(s):

Hartoyo Hartoyo

Keyword(s):

Capital Structure ◽

Financial Performance ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Multiple Linear Regression Analysis ◽

Study Data ◽

Coefficient Of Determination ◽

Current Ratio ◽

Mining Companies ◽

Corporate Size

<em>This study aims to find out and to analyze the Current Ratio, Capital Structure, and Corporate Size partially affect the Financial Performance of Mining Companies listed on the Indonesian Stock Exchange (BEI) in the period 2014-2016. The sample used is 120 financial statements of mining companies listed in BEI. The method used in sampling is purposive sampling. Data is collected by downloading, recording, researching, and copying information relating to the issues discussed in the study. Data analysis using descriptive statistics, classical assumption test, and multiple linear regression analysis, t-test, and coefficient of determination (R<sup>2</sup>). The results of this study indicate that current ratio and the size of the company does not affect on financial performance of mining companies on BEI in the 2014-2016, while the capital structure has a significant effect on the financial performance of mining companies on the company’s financial performance.</em>

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PENGARUH VARIABEL KEUANGAN PERUSAHAAN (RETURN ON ASSET, EARNING PER SHARE, CURRENT RATIO, DAN FINANCIAL LEVERAGE) TERHADAP UNDERPRICING

Jurnal Fokus Manajemen Bisnis ◽

10.12928/fokus.v4i1.1349 ◽

2014 ◽

Vol 4 (1) ◽

pp. 48

Author(s):

Maryoto Maryoto ◽

Salamatun Asakdiyah

Keyword(s):

Initial Public Offering ◽

Stock Exchange ◽

T Test ◽

Coefficient Of Determination ◽

Test Results ◽

Financial Leverage ◽

Return On Assets ◽

Current Ratio ◽

A Value ◽

Public Offering

This research wa carried out on companies that do the Initial Public Offering (IPO) in the period 2008-2009. With a population of 31 companies and get a sample of 27 companies with the technique of sampling using purposive sampling. In this study tested the hypothesis by using multiple regression and t test. After doing an analysis of 27 companies in initial public offering in 2008 until 2009 are listed in Indonesia Stock Exchange, obtained the results of the calculation of the coefficient of determination (R2) obtained a value 0f 0.170 is in a position of positive mean return on assets (ROA), earning per share (EPS), current ratio (CR), and financial leverage (FL) 1.7% to explain underpricing. Thus 98.3% underpricing is explained by other variables not examined in this study. By using the t test for variable return on assets (ROA), earnings per share (EPS), current ratio (CR), and financial leverage (FL) had no significant influence on underpricing with the test results significantly greater value than the alpha (5%).

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RASIO KEUANGAN DALAM MEMPREDIKSI KEBANGKRUTAN PERUSAHAAN PERTAMBANGAN BATUBARA

Equity ◽

10.34209/equ.v20i2.622 ◽

2019 ◽

Vol 20 (2) ◽

pp. 31

Author(s):

Eva Lisnawati Sidabalok ◽

Dwi Risma Deviyanti ◽

Yoremia Lestari Ginting

Keyword(s):

Coal Mining ◽

Financial Distress ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Debt Ratio ◽

Return On Assets ◽

Current Ratio ◽

Negative Effect

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Pengaruh Likuiditas dan Profitabilitas Terhadap Return Saham (Studi Empiris Pada Perusahaan Manufaktur Sub Sektor Makanan dan Minuman di Bursa Efek Indonesia)

Kompartemen Jurnal Ilmiah Akuntansi ◽

10.30595/kompartemen.v17i1.4681 ◽

2020 ◽

Vol 17 (1) ◽

Author(s):

Siswadi Sululing ◽

Stefany Sandangan

Keyword(s):

Stock Returns ◽

Stock Return ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Sampling Technique ◽

Multiple Linear Regression Analysis ◽

Return On Assets ◽

Current Ratio ◽

Purposive Sampling ◽

Negative Effect

ABSTRACTThis study aims to examine the effect of current ratio and return on assets on stock returns. The dependent variable used in this study is stock returns as measured by average stock returns. While the independent variables are current ratio and return on assets. The population in this study was the food and beverage sub-sector company on the Indonesia Stock Exchange in the period of 2012-2016. The sampling technique used in this study is purposive sampling. The analysis technique used in this study was multiple linear regression analysis. The results of the analysis show that the current ratio have a negative effect on the company's stock return. While, return on assets have a positive effect on the company's stock return. ABSTRAKPenelitian ini bertujuan untuk menguji pengaruh current ratio dan return on assets terhadap return saham. Variabel dependen yang digunakan dalam penelitian ini adalah return saham yang diukur dengan return saham rata-rata. Sedangkan variabel independen adalah current ratio dan return on assets. Populasi dalam penelitian ini adalah perusahaan Sub Sektor Makanan dan Minuman di Bursa Efek Indonesia periode 2012 – 2016. Sampel dalam penelitian ini menggunakan purposive sampling. Teknik analisis yang digunakan dalam penelitian ini adalah analisis regresi linier berganda. Hasil analisis menunjukkan bahwa current ratio berpengaruh negatif terhadap return saham perusahaan. Sementara return on asset berpengaruh positif terhadap return saham perusahaan.

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PENGARUH RISIKO BISNIS, LIKUIDITAS, PERTUMBUHAN PENJUALAN DAN PERISAI PAJAK NON-UTANG TERHADAP STRUKTUR MODAL

Current: Jurnal Kajian Akuntansi dan Bisnis Terkini ◽

10.31258/jc.2.1.59-77 ◽

2021 ◽

Vol 2 (1) ◽

pp. 59-77

Author(s):

Syafri Nosit ◽

Yulia Efni ◽

Gusnardi Gusnardi

Keyword(s):

Capital Structure ◽

Sampling Method ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Multiple Linear Regression Analysis ◽

Sales Growth ◽

Independent Variables ◽

Tax Shield ◽

Dependent Variables ◽

Debt Tax Shield

This study is aimed to examine the effect of risk business, liquidity, sales growth, non-debt tax shield on capital structure. The population of this study is metal and allied products companies listed in Indonesia Stock Exchange from 2014 - 2018. The sample of the study is all companies were selected by purposive sampling method. Based on the criteria, 13 companies were chosen as the samples of this study. This study used multiple linear regression analysis was used to test whether the independent variables affect the dependent variables. The results of this study is found that risk business and non-debt tax shield on capital structure have a negative an insignificant effect on capital structure, Liquidity and Sales Growth on capital structure have a negative an significant effect on capital structure. The limitations of this study are driven by the variable, year and sample size. Therefore further reseacrh can use other variables and extension other industries could bring the comprehensive results

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Analysis On The Influence Of Current Ratio, Debt to Equity Ratio and Total Asset Turnover Toward Return On Assets On The Otomotive and Component Company That Has Been Registered In Indonesia Stock Exchange Within 2011-2017

International Journal of Economics Development Research (IJEDR) ◽

10.37385/ijedr.v1i1.26 ◽

2020 ◽

Vol 1 (1) ◽

pp. 36-44 ◽

Cited By ~ 1

Author(s):

Mimelientesa Irman ◽

Astri Ayu Purwati

Keyword(s):

Financial Performance ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Multiple Linear Regression Analysis ◽

Total Asset ◽

Return On Assets ◽

Current Ratio ◽

Negative Effect ◽

Asset Turnover ◽

Equity Ratio

A good company can be seen from the level of return on assets invested, and it affects the interest of an investor to invest in. But the high or low level of profit can be influenced by the financial performance of one of the financial performance is the Current Ratio, Debt to Equity Ratio, and Total Asset Turnover. Therefore, a study was conducted to find out whether the Current Ratio, Debt to Equity Ratio, and Total Asset Turnover had an effect on Return On Assets in Automotive and Component companies listed on the Indonesia Stock Exchange for the period 2011-2017. The study population consisted of 12 companies selected by purposive sampling. Financial report data is obtained from the Indonesia Stock Exchange (IDX). The data analysis technique used is multiple linear regression analysis with SPSS 19.0 and SMART PLS 2019 application tools. The results obtained from this study are the Current Ratio which has a significant effect on Return On Assets, Debt to Equity Ratio has a not significant negative effect on Return On Assets, and Total Asset has a significant positive effect on Return On Assets.

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