JEMPER (Jurnal Ekonomi Manajemen Perbankan)
Vol 5, No 1 (2023): JEMPER Januari - Juni

The Importance Of Fixed Assets and Leverage To Profitability In Transportation Companies

Anggi Putri Kusuma Wardini (Universitas Sangga Buana Bandung)
Wiwin Sukiati (Universitas Sangga Buana Bandung)
Indri Gustirani (Sangga Buana University)



Article Info

Publish Date
01 Apr 2023

Abstract

Transport companies listed on the Indonesia Stock Exchange tended to experience a decline in profits, even not a few companies that suffered losses.The population in this study are transportation companies listed on the Indonesia Stock Exchange for the period of 2018 - 2020. By using the purposive sample method, there are 29 sample companies that were studied during the period 2018 - 2020. The results of this study indicate that partially asset turnover has a positive effect on profitability as measured by Return on Asset Ratio, these results are evidenced by the value of t count> t table (3.703> 1.99045) and the significance value <0.05 while there is a negative influence between leverage (Debt to Asset Ratio) to profitability (Return on Assets), evidenced by the results of statistical tests of the value of t count> t table (-4.316> 1.99045) and the significance value <0.05.

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Journal Info

Abbrev

jemper

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Other

Description

JEMPER (Jurnal Ekonomi Manajemen Perbankan) is a scientific journal published by the S1 Economic Management Program and Banking D3 Program, and as a means of publicizing the results of research and sharing in the development of Financial management, Operational Management, Human Resource Management, ...