PENGARUH CURRENT RATIO DAN DEBT TO ASSET RATIO TERHADAP RETURN ON ASSET PADA PERUSAHAAN FOOD AND BEVERAGE YANG TERDAFTAR DI INDEKS SAHAM SYARIAH INDONESIA (ISSI) PERIODE 2019-2023

Authors

  • Istiqomah Istiqomah Universitas Islam Negeri Sulthan Thaha Saifuddin Jambi
  • Elyanti Rosmanidar Universitas Islam Negeri Sulthan Thaha Saifuddin Jambi
  • Khairiyani Khairiyani Universitas Islam Negeri Sulthan Thaha Saifuddin Jambi

DOI:

https://doi.org/10.61722/jiem.v2i9.2492

Keywords:

Current Ratio (CR), Debt to Asset Ratio (DAR), Return On Assets (ROA), Food and Beverage Sector

Abstract

This research is motivated by the Current Ratio and Debt to Asset Ratio which causes Return On Assets to fluctuate. The objektives of this research are (1) To determine whether or not there is an influence of the Current Ratio and Debt to Asset Ratio on Return On Assets simultaneously. (2) To determine whether or not there is a partial influence of the Current Ratio and Debt to Asset Ratio on Return On Assets. The sample used in this research was 19 Food and Beverage companies listed in the Indonesian Sharia Stock Index (ISSI) out of 34 tahen using the purposive sampling method in 2019-2023. This research uses quantitative methods and a descriptive approach, by collecting documentary data where data is obtained from company documents via www.idx.co.id and then carrying out various tests such as descriptive statistical analysis tests, panel data regression analysis tests, simultaneous tests (F), partial test (t), coefficient of determination test using the Eviews 9 application tool.The research results show that (1) the Current Ratio and Debt to Asset Ratio semultaneously have no effect on Return On Assets in Food and Beverage companies listed on the Indonesian Sharia Stock Index (ISSI) for the 2019-2023 period. (2) Current Ratio and Debt to Asset Ratio partially have no effect on Return On Assets in Food and Beverage companies listed on the Indonesian Sharia Stock Index (ISSI) for the 2019-2023 period.

References

Arum, Mega, and Ersi Afrisah. “Pengaruh Current Ratio Dan Debt To Asset Ratio Terhadap Return On Assets (Studi Empiris Perusahaan Manufaktur Sub Sektor Makanan dan Minuman di BEI Tahun 2015-2019).” Jurnal Ilmiah Edunomika 6, no. 2 (April 20, 2022): 1-15. Accessed May 26, 2024. https://jurnal.stie-aas.ac.id/index.php/jie/article/view/4925.

Astutik, Endang Puji, and Ammelia Novita Anggraeny. “Pengaruh Current Ratio (CR) Dan Debt To Asset Ratio (DAR) Terhadap Return On Asset (ROA) Pada PT. Indocement Tunggal Prakarsa Tbk Periode 2008-2017.” Jurnal SEKURITAS (Saham, Ekonomi, Keuangan dan Investasi) 3 (September 23, 2019): 97-111. Accessed May 29, 2024. https://www.researchgate.net/publication/336023357.

Febrianti, Cindy, and Sri Suartini. “Pengaruh Current Ratio (CR) Dan Debt To Asset Ratio (DAR) Terhadap Return On Asset (ROA).” Journal of Economic, Bussines and Accounting (COSTING) 4, no. 2 (February 26, 2021): 492–497. Accessed May 26, 2024. https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1661.

Ghozi, Syaiful, and Aris Sunindyo. Statistik Deskriptif Untuk Ekonomi. Yogyakarta: Deepublish, 2015.

Hasanah, Nur, Irwansyah Irwansyah, and Musviyanti Musviyanti. “Pengaruh current ratio, debt to assets ratio, dan total assets turnover terhadap return on asset pada perusahaan sektor pertanian yang terdaftar di bursa efek Indonesia.” KINERJA 19, no. 2 (August 24, 2022): 499-505. Accessed May 26, 2024. https://journal.feb.unmul.ac.id/index.php/KINERJA/article/view/11193.

Kasmir. Pengantar Manajemen Keuangan. Kedua. Jakarta: Prenadamedia Group, 2019.

Mauna, Bunga, and Bambang Wahyudi Wicaksono. “Pengaruh Current Ratio, Quick Ratio Dan Debt To Assets Ratio Terhadap Return On Assets Dengan Total Assets Turnover Sebagai Variabel Moderasi Pada Perusahaan Sektor Properti, Real Estate Dan Konstruksi Bangunan Yang Terdaftar Di Bursa Efek Indonesia Periode 2014-2018.” ESENSI: Jurnal Manajemen Bisnis 25, no. 2 (August 22, 2022): 134–145. Accessed May 29, 2024. https://ibn.e-journal.id/index.php/ESENSI/article/view/477.

Sugiyono. Metode Penelitian Kuantitatif, Kualitatif, Dan R&D. Bandung: Alfabeta, 2019.

Sujarweni, V. Wiratna. Analisis Laporan Keuangan. Yogyakarta: Pustaka Baru Press, 2019.

Sanjaya, Surya, and Roni Parlindungan Sipahutar. “Pengaruh Current Ratio, Debt to Asset Ratio dan Total Asset Turnover terhadap Return on Asset pada Perusahaan Otomotif dan Komponennya yang Terdaftar di Bursa Efek Indonesia.” Jurnal Riset Akuntansi dan Bisnis 19, no. 2 (September 30, 2019): 136–150. Accessed May 26, 2024. http://jurnal.umsu.ac.id/index.php/akuntan/article/view/4599.

Satria, Rita. “Pengaruh Current Ratio (Cr) Dan Debt To Equity Ratio (Der) Terhadap Return On Asset (Roa) Pada Pt Mayora Indah Tbk Periode 2009 – 2020.” Scientific Journal Of Reflection : Economic, Accounting, Management and Business 5, no. 2 (April 1, 2022): 440–447. Accessed May 29, 2024. https://ojspustek.org/index.php/SJR/article/view/479.

Satria, Rita, and Riska Monika. “Pengaruh Current Ratio (Cr) Dan Debt To Asset Ratio (Dar) Terhadap Return On Asset (Roa) Pada Pt Tifico Fiber Indonesia Tbk. Periode 2012-2022.” Journal of Social and Economics Research 5, no. 2 (December 31, 2023): 956-967. Accesed Juni 27, 2024. https://idm.or.id/JSER/index.php/JSER/article/view/2023

Sinaga, Annisa Nauli, Citra William, Tiffanny Meiluartha, and Alviana Celia Jansen. “Pengaruh Current Ratio, Perputaran Persediaan, Debt To Asset Ratio, Growth Dan Size Terhadap Profitabilitas Perusahaan Retail Sektor Trade, Investment dan Service Yang Terdaftar di Bursa Efek Indonesia.” Journal of Economic, Bussines and Accounting (COSTING) 4, no. 2 (February 14, 2021): 381–390. Accessed May 26, 2024. https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1678.

Situmorang, Intania. “Pengaruh Current Ratio (Cr) Dan Debt To Equity Ratio (Der) Terhadap Return On Asset (Roa) Pada Perusahaan Sub Sektor Advertising, Printing And Media Yang Terdaftar Di BEI.” Jurnal Bintang Manajemen 1, no. 1 (February 4, 2023): 165–179. Accessed May 29, 2024. https://ejurnal.stie-trianandra.ac.id/index.php/jubima/article/view/1102

Swissia, Pebrina, and Feby Eka Putri Darmawan. “Analisis Perbedaan Abnormal Return, Volume Dan Harga Perdagangan Saham Sebelum Dan Sesudah Pengumuman Indonesia Sustainability Reporting Award (ISRA).” Jurnal Akuntansi dan Keuangan 10, no. 1 (March 31, 2019): 34–55. Accessed July 28, 2024. https://jurnal.ubl.ac.id/index.php/jak/article/view/1208

Tripuspitorini, Fifi Afiyanti, Hasbi Assidiki Mauluddi, and Wika Hasna Asyifa. “Pengaruh Current Ratio dan Debt to Assets Ratio terhadap Return on Asset pada Perusahaan Subsektor Makanan dan Minuman.” Jurnal Accounting Information System (AIMS) 5, no. 1 (March 31, 2022): 40–51. Accessed May 26, 2024. https://jurnal.masoemuniversity.ac.id/index.php/aims/article/view/431

Wahjono, Sentot Imam, Anna Marina, Andi Wardhana, and Akhmad Darmawan. Pengantar Manajemen. Depok: PT RajaGrafindo Persada, 2020.

Yafiz, Muhammad. Bisnis Dan Investasi Syariah. Medan: FEBI-UIN SU PRESS, 2015.

Downloads

Published

2024-08-28

Issue

Vol. 2 No. 9 (2024): JURNAL ILMIAH EKONOMI DAN MANAJEMEN (JIEM)

Section

Articles

License

Copyright (c) 2024 JURNAL ILMIAH EKONOMI DAN MANAJEMEN

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.