The Influence of Current Ratio and Debt To Equity Ratio on Return on Assets

Abstrak

This research aims to determine the influence of the current ratio (CR) and Debt Equity to Ratio (DER) on Return on Assets (ROA) at PT. Indocment Tunggal Prakarsa Tbk. The research method used in this research is quantitative research with a descriptive approach. This research was conducted using secondary data sourced from income statement and balance sheet. Indocment of PT Tunggal Prakarsa Tbk for the period 2013 - 2022. The results, it is concluded that partially the Current ratio (CR) has a significant effect on the return on assets (ROA) of PT Indocement Tunggal Prakarsa Tbk for the 2013 - 2022 period. With significant results obtained 0,029 < 0,05 and t_count > t_table, is 2,748 > 2,306. Partially, Debt to equity ratio (DER) has no significant effect on Return On Assets (ROA) of PT Indocement Tunggal Prakarsa Tbk for the 2013 - 2022 period. With significant results obtained, 0,102 > 0,05 and tcount < ttable, is 1,883 < 2,306. Simultaneously the Current Ratio (CR) and Debt to Equity Ratio (DER) have no significant effect on Return On Assets (ROA) for the 2013 - 2022 period, the significant values obtained, 0,065 > 0,05 and F_count < F_table, 4,139 < 4,737.