PENGARUH DEBT TO EQUITY RATIO (DER), RASIO LANCAR (CR) DAN PERPUTARAN PERSEDIAAN (IT) TERHADAP PENGEMBALIAN ATAS AKTIVA (ROA) PADA PERUSAHAAN SUBSEKTOR HOTEL, RESTAURANT DAN PARIWISATA YANG TERDAFTAR DI INDONESIA STOCK EXCHANGE (IDX) PERIODE 2013-2017
Abstract
The objective is to examine the effect of debt to equity ratio, current ratio and inventory turnover on return on assets in the hotel, restaurant and tourism subsector companies listed in the Indonesia Stock Exchange period of 2013-2017. The research used a quantitative research method with a type of quantitative descriptive research that is explanatory research. The research populations were all listed companies in the Indonesia Stock Exchange totaling 25 companies. The research samples were 7 companies drawn by using purposive sampling technique. The research data were analyzed by using multiple linear regression analysis. The research showed that F-count 9,134> F-table 2.91 with a significant value of <0.05. Simultaneously, the debt to equity ratio ratio is smooth and inventory turnover has a significant effect on return on assets in hotel, restaurant and tourism sub-sector companies listed in the Indonesia Stock Exchange period of 2013-2017. Research found that T-count 2,401> T-table 1,69552 with a significant level of <0,05 showing that partially, the equity to equity ratio has a significant effect on return on assets in listed, in the hotel, restaurant and tourism sub-sector companies. The Indonesia Stock Exchange in period of 2013-2017 in which T-count 4,196> T-table 1,69552 with significant value of <0,05. The current ratio has a significant effect on assets in T-count 3,498> T-table 1,69552 with the level of significance <0,05. Inventory turnover has a positive and significant effect on return on assets in the hotel, restaurant and tourism subsector listed in the Indonesia Stock Exchange period of 2013-2017. The results of the analysis of the coefficient of determination obtained from the adjusted R2 square were 0.418, meaning that variations in the variable debt to equity ratio, current ratio and inventory turnover up to 41.8%, and the remaining 58.2% were explained by other variables.
Full Text:
PDFReferences
Ainiyah. (2016).Pengaruh Perputaran Piutang, Perputaran Persediaan dan Debt to Equity Ratio Terhadap Profitabilitas.
Brigham, Eugene F. & Joel F. Houston. 2012. Dasar-Dasar Manajemen Keuangan. Buku 1. Ed. 11 11, Jakarta: Salemba Empat.
Fahmi, Irham. 2015. Pengantar Manajemen Keuangan Teori dan Soal Jawab. Bandung: Penerbit Alfabeta
Ghozali, Imam. Aplikasi Analisis Multivariate dengan program IBM SPSS 19. Cetakan Kelima. Semarang: Badan Penerbitan Universitas Diponegoro, 2011.
Harahap, Sofyan Syafri, Analisis Kritas Atas Laporan Keuangan. Cetakan Kedua Belas. Jakarta: PT. Rajagrafindo Persada 2016
Horne, James C. Van. 2016. Prinsip-prinsip Manajemen Keuangan. Cetakan Keempat. Jakarta : Salemba Empat
Jumingan. 2014. Analisis Laporan Keuangan. Cetakan Kelima. Jakarta: PT. Bumi Aksara
Kasmir. 2016. Analisis Laporan Keuangan. Cetakan kesembilan. Jakarta : RajaGrafindo Persada. PT
Kasmir. 2013. Pengantar Manajemen Keuangan. Cetakan Ketiga. Jakarta: PT. KENCANA PRENADA MEDIA GROUP tahun 2013
Munawir, 2014. Analisis Laporan keuangan . Cetakan Ke-empat.Yogyakarta: Liberty Yogyakarta.
Prihadi, Toto. 2013. Analisis Laporan Keuangan Teori dan Aplikasi. Cetakan Ketiga. Jakarta : PPM
Rambe, dkk. 2016. Manajemen Keuangan. Cetakan Keempat. Bandung : Ciptapustaka Media
Riyanto, Bambang. 2009. Dasar-dasar Pembelanjaan Negara. Ed. 4, Yogyakarta: BPFE-Yogyakarta
Sartono, Agus. 2012. Manajemen Keuangan Teori dan Aplikasi. Cetakan Keenam. Ed.4 . Yogyakarta: BPFE
Setiawan. (2015). Pengaruh Current Ratio, Inventory Turnover, Debt to Equity Ratio, Total Asset Turnover, Sales, dan Firm Size terhadap ROA Pada Perusahaan Food and Beverage Yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2010-2013.
Sugiyono, 2016. Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Cetakan ke Sembilan Belas. Bandung : Alfabeta, CV
Vironika dan budiasih (2014). Pengaruh Debt to equity Ratio, Firm Size, Inventory Turnover dan Assets Turnover Pada Profitabilitas.
www.idx.co.id
Refbacks
- There are currently no refbacks.
Ciptaan disebarluaskan di bawah Lisensi Creative Commons Atribusi 4.0 Internasional.