PENGARUH FINANCIAL LEVERAGE TERHADAP RETURN ON ASSET PADA SUB SEKTOR INDUSTRI MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2021

Raden Muhammad Dandi, 1800861201245 (2023) PENGARUH FINANCIAL LEVERAGE TERHADAP RETURN ON ASSET PADA SUB SEKTOR INDUSTRI MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2021. skripsi thesis, Universitas Batanghari Jambi.

Text (PENGARUH FINANCIAL LEVERAGE TERHADAP RETURN ON ASSET PADA SUB SEKTOR INDUSTRI MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2021) RADEN DANDI SIDANG-.pdf - Published Version Download (1MB)

Abstract

ABSTRACT RADEN MUHAMMAD DANDI/ 1800861201245 / FACULTY OF ECONOMICS UNIVERSITY BATANGHARI JAMBI / THE EFFECT OF FINANCIAL LEVERAGE ON RETURN ON ASSETS IN THE FOOD AND BEVERAGE INDUSTRY SUB-SECTORS LISTED ON THE INDONESIA STOCK EXCHANGE FOR THE 2017-2021 PERIOD/ 1 ST ADVISOR DR. HJ. ARNA SURYANI, SE, M.AK,AK, CA, CMA /2ND HANA TAMARA PUTRI, SE, MM The purpose of this study is to analyze the effect of Debt to Total Asset Ratio (DAR), Debt to Equity Ratio (DER) and Long Term Debt to Equity Ratio (LTDER) simultaneously and partially affecting Return On Asset (ROA) on food and beverage industry companies listed on the IDX for the 2017-2021 period. The type of data used in this study is secondary data. The population in this study consisted of companies, along with the population of Pharmaceutical industry companies registered in the country. The unit of analysis used is the sample financial statements for 4 years, namely 2017-2021. The food and beverage industry sector is one of the business sectors that will continue to experience growth (Aziz, 2014). In addition, the food and beverage industry is a branch of the leading manufacturing industry. In addition, the characteristics or traits of society tend to be able to help maintain the industrial sector of consumer goods. If there is an increase in Debt to Total Asset Ratio (DAR) by 1%, it will result in a decrease in Return On Asset (ROA) of 5.035%. If there is an increase in Debt to Equity Ratio (DER) by 1%, it will result in an increase in Return On Asset (ROA) of 0.815%. If there is an Long Term Debt to Equity Ratio (LTDER) increase of 1%, it will result in a decrease in Return On Asset (ROA) by 1,640%.. Simultaneously, Debt to Total Asset Ratio (DAR), Debt to Equity Ratio (DER) and Long Term Debt to Equity Ratio (LTDER) have a significant effect on the dependent variable Return On Asset (ROA) which contributes to the dependent variable share price of 58.8% while the remaining 41.2% is influenced by other variables outside the research model. Partially Debt to Equity Ratio (DER) has a positive effect and signifies the Return On Asset (ROA) of 0.815%. Long Term Debt to Equity Ratio (LTDER) has a negative and significant effect on the Return On Asset (ROA) of 1.640%. Debt to Total Asset Ratio (DAR) has a positive and insignificant effect on Return On Asset (ROA).

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