Claim Missing Document
Check
Articles

Found 2 Documents
Search

PENGARUH CASH TURNOVER, INVENTORY TURNOVER DAN DEBT TO EQUITY RATIO TERHADAP RETURN ON ASSET PADA PT INDOFOOD SUKSES MAKMUR TBK PERIODE 2014-2023 Amelia, Putri; Riyana Harjayanti, Diana
Journal of Research and Publication Innovation Vol 2 No 4 (2024): OCTOBER
Publisher : Journal of Research and Publication Innovation

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This research was conducted with the aim of finding out the partial and simultaneous influence of the variables Cash Turnover, Inventory Turnover and Debt to Equity Ratio on Return on Assets at PT Indofood Sukses Makmur Tbk for the 2014-2023 period. The research method used is a quantitative method with a quantitative descriptive research method. The data used in this research is secondary data in the form of financial reports sourced from the official website of PT Indofood Sukses Makmur Tbk and the Indonesian Stock Exchange. Data analysis techniques use descriptive statistical tests, classical assumption tests, simple and multiple regression analysis, partial and simultaneous hypothesis tests, coefficient of determination analysis, and correlation coefficient tests using SPSS version 26. Based on the partial test, the Cash Turnover variable has no significant effect on Return On Assets with a tcount<ttable value of 0.373<2.447 and a significance value of 0.72>0.05. Partially, the Inventory Turnover variable has no significant effect on Return On Assets with a tcount<ttable value of -0.398<2.447 and a significance value of 0.70>0.05. Partially, the Debt to Equity Ratio variable has no significant effect on Return On Assets with a tcount<ttable value of –1.323<2.447 and a significance value of 0.22>0.05. Simultaneously, Cash Turnover, Inventory Turnover and Debt to Equity Ratio do not have a significant effect on Return On Assets with a Fcount<Ftable value of 0.481<4.757 and a significance value of 0.71>0.05.  
ANALISIS SOLVABILITAS DAN PROFITABILITAS UNTUK MENILAI KINERJA KEUANGAN PADA PERUSAHAAN PENERBANGAN PERIODE 2018-2023 Rismawati; Riyana Harjayanti, Diana
Journal of Research and Publication Innovation Vol 2 No 4 (2024): OCTOBER
Publisher : Journal of Research and Publication Innovation

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This research aims to determine the financial performance of PT. AirAsia Indonesia Tbk and PT. Garuda Indonesia Tbk using solvency ratios (Debt to Asset Ratio, Debt to Equity Ratio) and profitability ratios (Return on Asset, Return on Equity, Net Profit Margin) for the period 2018-2023. The data collection technique employed is documentation and literature review, and the data analysis technique used is financial ratio analysis. The research findings indicate that the solvency ratios of PT. AirAsia Indonesia Tbk and PT. Garuda Indonesia Tbk, measured using Debt to Asset Ratio, indicate that their financial performance is in an unhealthy condition, suggesting that the assets financed by debt are more dominant than those financed by equity. Similarly, the Debt to Equity Ratio for both companies indicates an unhealthy financial condition, indicating that the capital financed by debt is more dominant than that provided by shareholders. In terms of profitability ratios, PT. AirAsia Indonesia Tbk's Return on Asset shows an unhealthy financial performance. PT. Garuda Indonesia Tbk's Return on Asset also indicates unhealthy financial performance except for the year 2022. Additionally, both companies' Return on Equity indicates unhealthy financial performance. PT. AirAsia Indonesia Tbk's Net Profit Margin shows unhealthy financial performance, while PT. Garuda Indonesia Tbk's Net Profit Margin shows unhealthy financial performance except for the year 2022.