Pengaruh Pertumbuhan Aset dan Leverage terhadap Profitabilitas pada PT Semen Tonasa yang Terdaftar di Bursa Efek Indonesia (BEI) Tahun 2022-2024
DOI:
https://doi.org/10.61722/jaem.v3i3.12316Keywords:
Asset Growth, Leverage, ProfitabilityAbstract
The purpose of this study is to determine the effect of Asset Growth and Leverage on Profitability at PT Semen Tonasa listed on the Indonesia Stock Exchange (IDX) for the 2022–2024 period. The method used in this study is a quantitative descriptive method, using partial and simultaneous analysis techniques, as well as the coefficient of determination (R²). The data collection technique used was documentation, with data processing using SPSS version 22. The sample in this study consisted of asset growth, leverage, and profitability of PT Semen Tonasa for the 2022–2024 period. The simple linear regression result yielded the equation Y = 2.747 + 0.905X₁. The coefficient of determination (R²) result showed that asset growth contributed 53.3% to profitability, and the t-test result showed that t-table 2.228 > t-count 1.565 and the Sig. level (0.152 > 0.05). The simple linear regression result for leverage yielded the equation Y = 5.952 – 0.066X₂. The coefficient of determination (R²) result showed that leverage contributed 27.3% to profitability, and the t-test result showed that t-table 2.228 > t-count -1.764 and the Sig. level (0.112 > 0.05). Meanwhile, the multiple linear regression result yielded the equation (Y) = 5.152 + 0.730X₁ – 0.057X₂. The F-test result showed that F-table 4.26 > F-count 3.371 and the significance level (0.081 > 0.05), and the coefficient of determination (R²) result showed that asset growth and leverage together contributed 42.8% to the profitability of PT Semen Tonasa for the 2022–2024 period, while the remainder was influenced by other variables not examined in this study. This study is expected to serve as a consideration for stakeholders in decision-making related to asset growth, leverage, and profitability.
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