PENGARUH CURRENT RATIO DAN DEBT TO EQUITY RATIO TERHADAP RETURN ON ASSET (PADA PERUSAHAAN SUBSEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BEI TAHUN 2018-2022)

Abstrak

Penelitian ini bertujuan untuk mengetahui Current Ratio dan Debt to Equity Ratio terhadap Return
On Asset pada perusahaan subsektor makanan dan minuman yang terdaftar di BEI periode 2018 –
2022 baik pengaruhnya secara parsial maupun simultan. Metode penelitian yang digunakan adalah
bersifat kuantitatif, dimana dengan menggunakan data sekunder yang diperoleh dari Laporan
Keuangan Perusahaan. Metodologi yang digunakan adalah uji asumsi klasik, uji statistik dimana
didalamnya ada uji regresi, uji hipotesis dan koefisien determinasi. Hasil penelelitian menunjukkan
bahwa secara parsial Current Ratio tidak berpengaruh terhadap Return On Asset dengan hasil uji
hipotesis diperoleh thitung 0,409 < ttabel 1,987 dan nilai signifikansi sebesar 0,683 > 0,05. Secara
parsial Debt to Equity Ratio berpengaruh terhadap Return On Asset dengan hasil uji hipotesis
diperoleh thitung 4,902 > ttabel 1,987 dan dengan nilai signifikansi sebesar 0,000 < 0,05. Secara
simultan Current Ratio dan Debt to Equity Ratio berpengaruh dan signifikan terhadap Return On
Asset dengan hasil uji hipotesis diperoleh Fhitung 21,824 > Ftabel 3,10 serta nilai signifikansi
sebesar 0,000 < 0,05. Nilai koefisien determinasi sebesar 81,63% hal ini menunjukkan bahwa
Return On Asset dapat dijelaskan atau terdapat kontribusi dari Current Ratio dan Debt to Equity
Ratio. Hasil pengujian variabel current ratio menunjukkan bahwa current ratio tidak berpengaruh
terhadap return on asset. Hasil pengujian variabel debt to equity ratio menunjukkan bahwa debt to
equity ratio berpengaruh terhadap return on asset. Hasil pengujian menunjukkan current ratio dan
debt to equity ratio mempunyai pengaruh terhadap return on asset..

This research aims to determine the Current Ratio and Debt to Equity Ratio on Return On Assets in
food and beverage subsector companies listed on the IDX for the 2018 - 2022 period, both partially
and simultaneously. The research method used is quantitative, using secondary data obtained from
the Company's Financial Reports. The methodology used is the classic assumption test, statistical
tests which include regression tests, hypothesis tests and coefficient of determination. The research
results show that partially the Current Ratio has no effect on Return On Assets with the results of
the hypothesis test obtained tcount 0.409 < ttable 1.987 and a significance value of 0.683 > 0.05.
Partially, the Debt to Equity Ratio has an effect on Return On Assets with the results of the
hypothesis test obtained tcount 4.902 > ttable 1.987 and with a significance value of 0.000 < 0.05.
Simultaneously the Current Ratio and Debt to Equity Ratio have a significant and significant effect
on Return On Assets with the results of the hypothesis test obtained Fcount 21.824 > Ftable 3.10
and a significance value of 0.000 < 0.05. The coefficient of determination value is 81.63%, this
shows that Return On Assets can be explained or there is a contribution from the Current Ratio and
Debt to Equity Ratio. The results of testing the current ratio variable show that the current ratio
has no effect on return on assets. The results of testing the debt to equity ratio variable show that
the debt to equity ratio has an effect on return on assets. The test results show that the current ratio
and debt to equity ratio have an influence on return on assets.