Journal of Research and Publication Innovation
Vol 1 No 1 (2023): JANUARY

PENGARUH CURRENT RATIO DAN DEBT TO EQUITY RATIO TERHADAP RETURN ON ASSETS PADA PT ACE HARDWARE INDONESIA TBK PERIODE TAHUN 2012-2021

Rizka Wahyuni Amelia (Universitas Pamulang)
Teguh Purnama (Universitas Pamulang)



Article Info

Publish Date
17 Mar 2023

Abstract

This study aims to determine the effect of Current Ratio (CR), and Debt To Equity Ratio (DER) on Return On Assets (ROA) at PT. Ace Hardware Indonesia Tbk Year 2012 – 2021 either partially or simultaneously. The research method uses quantitative descriptive methods with hypothesis testing. The sample used in this study is the financial statements of PT. Ace Hardware Indonesia Tbk in 2012 –2021. The analytical method used is Descriptive Statistical Analysis, Classical Assumption Test with Normality Test method, Multicollinearity Test, Heteroscedasticity Test, Autocorrelation Test, Simple Linear Regression Test, Regression Test Multiple Linear, Correlation Coefficient Test, Determination Test, T Test, and F Test. From the results of this study obtained fluctuating data. Partially Current Ratio (CR) has effect on Return On Assets (ROA), with the results obtained tcount -3,507 > ttable 2.365 with a significant value of 0,010 <0.05. While the Debt to Equity Ratio (DER) has effect on Return On Assets (ROA), with the results obtained tcount -6,111 > ttable 2.365 with a significant value of 0,000 < 0.05. Simultaneously the variables Current Ratio (CR) and Debt to Equity Ratio (DER) has effect on Return On Assets (ROA), with the results obtained Fcount 22,354 > Ftable 4.74 with a significance of 0,001 < 0.05 and the independent variable consisting of CR and DER contributed 86,5% to ROA, while the remaining 13,5% was influenced by other factors not explained in this study.

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Journal Info

Abbrev

JORAPI

Publisher

Subject

Computer Science & IT Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

Description

Journal of Research and Publication Innovation is a multidisciplinary and scientific research journal that publishes research papers, review papers, case reports, case studies, book reviews, theses, dissertation works, etc. Published 4 times a year, every January, April, July and ...