International Journal of Business Economics (IJBE)
Vol 2, No 2 (2021): March - August

Influence Current Ratio, Debt to Equity Ratio and Total Asset Turnover on Return on Equity in the Transportation Sector Industry

Qahfi Romula Siregar (Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Sumatera Utara Jl. Kapten Mukhtar Basri No. 3 Medan, Sumatera Utara)
Defi Desvita Harahap (Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Sumatera Utara Jl. Kapten Mukhtar Basri No. 3 Medan, Sumatera Utara)



Article Info

Publish Date
06 Apr 2021

Abstract

His study aims to determine whether there is an effect of Current Ratio, Debt To Equity Ratio, and Total Assets Turnover on Return On Equity in transportation sector companies listed on the Indonesia Stock Exchange. The approach used is an associative approach. The population in this study are retail trade sector companies listed on the Indonesia Stock Exchange for the 2015-2019 period. Samples were taken using purposive sampling method in order to obtain 7 companies as samples. And using multiple linear regression analysis methods, classical assumption test, t test (partial test), f test (simultaneous test) and coefficient of determination with the help of software SPSS V.20 (Statistical Product and Service Solutions). Based on the research results, it can be concluded that partially Total Assets Turnover has a significant effect on Return On Equity, while Current Ratio, Debt To Equity Ratio have no and insignificant effect on Return On Equity. And simultaneously Current Ratio, Debt To Equity Ratio, and Total Assets Turnover have a significant effect on Return On Equity in Transportation sector companies listed on the Indonesia Stock Exchange for the period 2015-2019.

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Journal Info

Abbrev

ijbe

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

International Journal of Business Economics (IJBE) is a media publication manuscript that contains the results of the Field Research Management applying peer-reviewed. Manuscripts published in the International Journal of Business Economics (IJBE) includes the results of scientific research original ...