PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, DEBT TO ASSET RATIO DAN TOTAL ASSET TURNOVER TERHADAP RETURN ON ASSET PADA PT. BAYU BUANA TRAVEL CABANG BALIKPAPAN

Annisa Salsabila

doi:10.52630/jmbv.v11.i01.79

Authors

Annisa Salsabila Sekolah Tinggi Ilmu Ekonomi Balikpapan Author

DOI:

https://doi.org/10.52630/jmbv.v11.i01.79

Keywords:

current ratio, debt to asset ratio, debt to equity ratio, total asset turnover, return on asset

Abstract

The purpose of this research is to determine whether current ratio, debt to equity ratio, debt to asset ratio, total asset turnover have an influence on return on asset at PT BAYU BUANA TRAVEL in Balikpapan simultaneously and also to determine which variables have a partial dominant effect to return on asset at PT BAYU BUANA TRAVEL in Balikpapan. The subjects in this research were PT BAYU BUANA TRAVEL in Balikpapan and the objects in this study were the data of current ratio , debt to equity ratio, debt to asset ratio, total asset turnover and return on asset from 2011 - 2019. The data were analyzed using multiple linear regression.

The results of hypothesis testing (1) prove that there is a simultaneous significant effect of current ratio, debt to equity ratio, debt to asset ratio, total asset turnover to return on asset with a value of Fhitung of 10,117 with a significant level of 0,023 greater than Ftabel of 5,19 . At a significant level of α=5% (0,023 < 0,05) and the results of hypothesis testing (2) do not prove that partially total asset turnover has the most dominant influence on return on asset at PT BAYU BUANA TRAVEL in Balikpapan. Because it shows the value of thitung is 1.716 smaller than ttabel is 2,015 with a value of Sig.t of 0,161 is greater than the value of α=5% (0,161 > 0,05)

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