Pengaruh Current Ratio Dan Debt To Asset Ratio Terhadap Kinerja Keuangan PT Sampoerna AGRO Tbk Periode 2011-2020
Abstract
The purpose of this study was to examine the effect of the Current Ratio and Debt to Asset Ratio on Return on Assets at PT Sampoerna Agro Tbk for the 2011-2020 period. The research method is descriptive quantitative using classical assumption test, multiple linear regression analysis, t-test and F-test, and determinant correlation test, which uses SPSS version 25. The results showed that partially CR had a significant effect on ROA (tcount 2.748 > ttable 2.365 ) with a significance value of 0.029 < 0.05. DAR has an effect on ROA with tcount 3,510 > ttable 2,365 and a significance value of 0.010 <0.05. The results of the simultaneous test (F test) obtained that the calculated F value was 24,329 > F-table 4.74 and the significance value was 0.000 less than 5%. This means that CR and DAR simultaneously have a significant effect on ROA. The value of R Square is 0.874, that the contribution of the Current Ratio and Debt to Asset Ratio variables to Return on Assets is 87.4%, while the remaining 12.6% is influenced by other variables not used in this study.
Keywords: Current Ratio, Debt to Asset Ratio, Return on Asset
References
Agus Hartijo, M. (2012). Manajemen Keuangan Edisi ke-2. Yogyakarta: Ekonisia.
Arikunto, S. (2013). Prosedur Penelitian Suatu Pendekatan Praktik. Jakarta: Rineka Cipta.
Brigham, H. (2010). Dasar-dasar Manajemen Keuangan Buku I (edisi II). Jakarta: Salemba Empat.
Darsono, A. (2010). Pedoman Praktis Laporan Keuangan. Yogyakarta: Andi.
Fahmi, I. (2013). Analisis Laporan Keuangan. Bandung: Alfabeta.
Ghozali, I. (2011). Aplikasi Analisis Multivarite Dengan Program SPSS. Semarang: Badan Penerbit Universitas Diponogoro.
Harahap, S. (2010). Analisa Kritis Atas Laporan Keuangan. Jakarta: PT. Raja Grafindo Persada.
Kasmir. (2010). Pengantar Manajemen, Edisi Pertama. Jakarta: Kencana Prenada Media Group.
______. (2012). Analisis Laporan Keuangan. Jakarta: Cetakan Keenam. PT Raja Grafindo.
______. (2013). Pengantar Manajemen Keuangan. Jakarta: C.V Pusaka Setia.
______. (2015). Analisis Laporan Keuangan. Jakarta: PT Raja Grafindo Persada.
______. (2016). Analisis Laporan Keuangan. Edisi ke 9. Jakarta: Rajawali Pers.
Priyanto. (2012). Belajar Cepat Olah Data Statistik dengan SPSS. Yogyakarta: CV Andi Offest.
_______. (2012). Teknik Mudah dan Cepat Melakukan Analisis Data. Yogyakarta: Andi Publiser.
Riyanto, B. (2013). Dasar-dasar Pembelanjaan Perusahaan. Edisi 4. Yogyakarta: BPFE.
Sugiyono. (2010). Metode Penelitian Bisnis. Bandung: Alfabeta.
________. (2010). Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: Alfabeta.
________. (2014). Metode Penelitian Pendidikan Pendekatan Kuantitatif, Kualitatif dan R&D. Bandung: Alfabeta.
________. (2017). Metode Penelitian Bisnis Pendekatan Kualitatif, Kuantitatif, Kombinasi dan R&D. Bandung: Alfabeta.
Amalia, S., Sutisna, A., & Deni, D. (2022). How To Increase Income Through Cross Training System Skill On MSME Depok. Jurnal PKM Manajemen Bisnis, 2(1), 20-27.
Baeli, J. (2021). Analysis Of Tax Compliance Based On Psychological Factors And Tax Administration. AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis, 1(3), 87-94.
Fajri, C., Rahman, Y. T., & Wahyudi, W. (2021). MEMBANGUN KINERJA MELALUI LINGKUNGAN KONDUSIF, PEMBERIAN MOTIVASI DAN PROPORSIONAL BEBAN KERJA. SCIENTIFIC JOURNAL OF REFLECTION: Economic, Accounting, Management and Business, 4(1), 211-220.
Fauziah, F., Hamzah, A., & Rozy, A. (2021). IMPLEMENTATION OF MANAGEMENT IN WASTE BANKS TO INCREASE ECONOMIC VALUE. Jurnal PKM Manajemen Bisnis, 1(1), 37-43.
Fitriah, S. (2021). Children with Special Needs In the Eyes of Islamic Law and the State. AKADEMIK: Jurnal Mahasiswa Humanis, 1(2), 77-86.
Guntur, M. (2021). AL-QURAN TEACH THE IMPORTANCE OF TAKING CARE OF HEALTH PHYSICAL: Tafseer Surat Al-Baqarah. AKADEMIK: Jurnal Mahasiswa Humanis, 1(2), 50-58.
Handayani, H., & Caesario, A. (2021). A Culture of Savings Solutions for Consumptive Behavior and Care for the Future. Jurnal PKM Manajemen Bisnis, 1(2), 67-72.
Harras, H., Sugiarti, E., & Wahyudi, W. (2020). Kajian Manajemen Sumber Daya Manusia Untuk Mahasiswa.
Juliati, F. (2021). The Influence Of Organizational Culture, Work Ethos And Work Discipline On Employee Performance. AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis, 1(1), 34-39.
Karim, I. N. (2021). CORRELATION ANALYSIS: Are Religious Scavengers More Motivated?. AKADEMIK: Jurnal Mahasiswa Humanis, 1(2), 59-67.
Mahmudin, M., Caesario, A., & Saputra, A. (2021). ENTREPRENEURSHIP: Soft Skill of Life. Jurnal PKM Manajemen Bisnis, 1(1), 19-28.
Majid, I. K. (2021). Governance-Based Library Management, More Effective and Efficient. AKADEMIK: Jurnal Mahasiswa Humanis, 1(2), 68-76.
Malik, J. (2021). STUDY AL-QURAAN: Understanding Verses That Has Meaning Ta'arud. AKADEMIK: Jurnal Mahasiswa Humanis, 1(2), 42-49.
Nurhusna, S., & Wahyudi, W. (2021). PERFORMANCE DETERMINANTS OF STATE CIVIL SERVICES (ASN) IN THE COVID-19 PANDEMIC. Inovasi, 8(1), 54-61.
Nuriman, H. (2021). The Analysis Of Competence And Career Development Impact On Work Motivation And Its Implication Toward Employee’s Performance. AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis, 1(1), 10-17.
Nursoleh, N. (2022). Location Analysis of Interest in Buying Housing in South Tangerang City. AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis, 2(1), 35-42.
Ridwan, M. (2022). Purchasing Decision Analysis in Modern Retail. AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis, 2(1), 1-9.
Ridwan, R. (2021). THE EFFECT OF LEADERSHIP ON PERFORMANCE: Analysis of School Management Ability and Attitude. AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis, 1(2), 59-67.
Samsudin, S., & Ayu, D. (2022). Standards Management Of Covid-19 Prevention According To world Health Organization (WHO). Jurnal PKM Manajemen Bisnis, 2(1), 28-33.
Sanitias, S., & Dani, M. (2022). Optimization Of Msmes Marketing Using Whatsapp. Jurnal PKM Manajemen Bisnis, 2(1), 1-10.
Solahuddin, M. (2021). Being Creative Early on is the Main Capital for Entrepreneurship. Jurnal PKM Manajemen Bisnis, 1(2), 73-78.
Sugiarti, E. (2018). Building Work Commitment of Bppt Employee. Scientific Journal of Reflection: Economic, Accounting, Management and Business, 1(2), 171-180.
Sugiarti, E. (2022). The Influence of Training, Work Environment and Career Development on Work Motivation That Has an Impact on Employee Performance at PT. Suryamas Elsindo Primatama In West Jakarta. International Journal of Artificial Intelligence Research, 6(1).
Ulfah, M. (2021). Building Teacher Performance Based Islam Religious Values. AKADEMIK: Jurnal Mahasiswa Humanis, 1(1), 9-17.
Wahyu, W., & Salam, R. (2020). KOMITMEN ORGANISASI (Kajian: Manajemen Sumber Daya Manusia).
Yanti, L. (2021). Analisis Kinerja Pegawai Berdasarkan Aspek Kepribadian Diri. AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis, 1(1), 27-33.
Downloads
Published
Issue
Section
License
Open Access
HUMANIS (Humanities, Management and Science Proceedings) is a national peer reviewed and open access journal that publishes significant and important research from all area of agroindustry.
This journal provides immediate open access to its content that making research publish in this journal freely available to the public that supports a greater exchange of knowledge.
Copyright
Submission of a manuscript implies that the submitted work has not been published before (except as part of a thesis or report, or abstract); that it is not under consideration for publication elsewhere; that its publication has been approved by all co-authors. If and when the manuscript is accepted for publication, the author(s) still hold the copyright and retain publishing rights without restrictions. Authors or others are allowed to multiply article as long as not for commercial purposes. For the new invention, authors are suggested to manage its patent before published. The license type is CC-BY-SA 4.0.
Disclaimer
No responsibility is assumed by publisher and co-publishers, nor by the editors for any injury and/or damage to persons or property as a result of any actual or alleged libelous statements, infringement of intellectual property or privacy rights, or products liability, whether resulting from negligence or otherwise, or from any use or operation of any ideas, instructions, procedures, products or methods contained in the material therein.
