Pengaruh Current Ratio, Debt to Asset Ratio, dan Total Asset Turnover Terhadap Return on Asset Pada PT IndoFarma (INAF) Tbk Periode 2014-2023

Authors

  • Salwa Anisya Desmaniar Fakultas Ekonomi dan Bisnis, Universitas Indonesia Membangun, Bandung
  • Listri Herlina Fakultas Ekonomi dan Bisnis, Universitas Indonesia Membangun, Bandung
  • Ilham Winar Nugroho Sekolah Bisnis dan Manajemen (SBM) ITB

DOI:

https://doi.org/10.47747/jismab.v5i3.1941

Keywords:

CR, DAR, TATO, ROA

Abstract

This study aims to examine the effect of the current ratio (CR), debt-to-asset ratio (DAR), and total asset turnover (TATO) on the return on assets (ROA) of PT IndoFarma (INAF) Tbk for the period 2014-2023. This research uses a quantitative approach with descriptive and verification methods. Secondary data from the company's annual financial statements accessed through the company's official website were analyzed using purposive sampling. The data analysis techniques used are descriptive analysis, regression analysis, correlation analysis, coefficient of determination analysis, and partial and simultaneous hypothesis testing. The results showed that partial hypothesis testing (t-test) showed that CR has a significant effect and DAR hurts ROA, while TATO has no significant impact on ROA. The simultaneous hypothesis testing (F-test) shows that CR, DAR, and TATO together have a substantial effect on the ROA of PT IndoFarma (INAF) Tbk during the 2014-2023 period. These results provide insight into the financial and management performance of PT Indo Farma (INAF) Tbk, which can inform decision-making and strategic planning for companies and similar companies in the industry, empowering them with actionable insights.

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Published

2024-08-03

How to Cite

Desmaniar, S. A., Herlina, L., & Nugroho, I. W. (2024). Pengaruh Current Ratio, Debt to Asset Ratio, dan Total Asset Turnover Terhadap Return on Asset Pada PT IndoFarma (INAF) Tbk Periode 2014-2023. Jurnal Ilmu Sosial, Manajemen, Akuntansi Dan Bisnis, 5(3), 550 - 561. https://doi.org/10.47747/jismab.v5i3.1941

Issue

Vol. 5 No. 3 (2024): Jurnal Ilmu Sosial, Manajemen, Akuntansi dan Bisnis

Section

Articles

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