PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO DAN TOTAL ASSET TURNOVER TERHADAP RETURN ON ASSET (STUDI EMPIRIS PADA PERUSAHAAN SUB SEKTOR TELEKOMUNIKASI YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2019-2023)

Abstract

This study aims to examine the Effect of Current Ratio, Debt to Equity Ratio and Total Asset Turnover and Return On Assets. This study was conducted on telecommunications sub sector companies listed on the Indonesia Stock Exchange for the 2019-2023 period. This study uses a type of quantitative research that uses secondary data in the form of company financial reports. The sample used in this study used purposive sampling, research that has established criteria for sampling. The sample in this study was 9 companies. The analytical method used is multiple linear regression analysis. The results of this study show that the Current Ratio and Debt To Equity Ratio do not have a significant effect on Return On Assets, while Total Asset Turnover has an effect on Return On Assets.

Keywords : Current Ratio, Debt To Equity Ratio, Total Asset Turnover, Return On Asset