The effect of Total Asset Turn Over (TATO) and Current Ratio (CR) on Return On Asset (ROA) at PT Unilever Indonesia Tbk.
Abstract
This study aims to determine the simultaneous and partial influence of the independent variable, namely Total Asset Turn Over (TATO) and Current Ratio (CR) on the dependent variable, namely Return On Asset (ROA). This research was conducted at PT Unilever Indonesia Tbk. The type of research used in this study was associative research. The population used in this study is the company's financial statement data in the form of balance sheet and profit and loss financial statements, and the number of samples used is the balance sheet and profit and loss financial statements for 10 years, namely 2013 to 2022. The data collection method in this study was carried out by literature or secondary studies. The data analysis techniques used are multiple regression, classical assumption test, t test, f test, and coefficient of determination. Based on the results of the study, it can be concluded that simultaneously Total Asset Turn Over (TATO) and Current Ratio (CR) have a significant effect on Return On Asset (ROA) at PT Unilever Indonesia Tbk, partially Total Asset Turn Over does not have a significant effect on Return On Asset and partially Current Ratio has a significant effect on Return On Asset at PT Unilever Indonesia Tbk for the 2013-2022 period.
References
Aulia, L. L. (2021). The effect of TATO and CR on ROA in Food and Beverage Subsector Companies Listed on the IDX. Indonesia Journal Of Economics and Management, Vol 1 No 3.
Cashmere. (2013). Financial Statement Analysis . Jakarta: King Grafindo Persada.
Cashmere. (2016). Financial Statement Analysis. Jakarta: King Grafindo Persada.
Dohiya. (2020). Types of Financial Statements. Jakarta: My consultant.
Fadli, A. A. (2021). The Effect of Current Ratio (CR) and Debt To Equity Ratio (DER) on Return on Equity in Alkindo Naratama Tbk Company Listed on IDX for the 2012-2019 period. ASWAJA window, 38-52.
Fahmi, I. (2014). Financial Statement Analysis. Bandung: Alfabeta.
Ginting, W. A. (2018). Analysis of the effect of current ratio, working capital turnover, and total asset turnover on return on assets. Valid: Scientific Journal, 15(2),, 163-172.
Hakim, L., Sunardi, N. (2017). Determinant of leverage and it's implication on company value of real estate and property sector listing in IDX period of 2011-2015. Man in India, 97(24), pp. 131-148.
Haminah, E. (2015). The Effect of Working Capital on Liquidity Level at PT Aneka Tambang Tbk (Management Thesis). South Tangerang: Pamulang University.
Hartono. (2018). The Concept of Financial Statement Analysis with a Ratio and SPSS Approach. Yogyakarta:: CV Budi Utama.
Hasibuan, M. S. (2005). Human Resource Management (Revised Edition). Jakarta: PT Bumi Aksara.
Herry. (2015). Practical Preparation of Financial Statements. Jakarta: PT Grasido.
Husain, T., & Sunardi, N. (2020). Firm's Value Prediction Based on Profitability Ratios and Dividend Policy. Finance & Economics Review, 2(2), 13-26.
Jumingan. (Jakarta). Financial Statement Analysis. 2009: Bumi Persada.
Kadim, A., & Sunardi, N. (2022). Financial Management System (QRIS) based on UTAUT Model Approach in Jabodetabek. International Journal of Artificial Intelligence Research, 6(1).
Kadim, A., Sunardi, N & Husain, T. (2020). The modeling firm's value based on financial ratios, intellectual capital and dividend policy.Accounting, 6(5), 859-870.
Lyman, C. (2021). Understanding Financial Statements. Jakarta: PINTU.co.id.
Munawir, S. (2010). Financial Statement Analysis, Fourth Edition. Yogyakarta: Liberty.
Nardi Sunardi Et Al (2020). Determinants of Debt Policy and Company’s Performance, International Journal of Economics and Business Administration Volume VIII Issue 4, 204-213
Ningrum, P. N. (2021). The Effect of Current ratio, Total Asset Turnover and Net Profit Margin on Return On Assets (PT Wilmar Cahaya Indonesia, Tbk. 2010-2019). Journal of SECURITIES (Stocks, Economics, Finance and Investment), 4(3),, 147-161.
Sunardi, N. (2022). Liquidity and Asset Growth on Telecommunications Companies Value. Jurnal SEKURITAS (Saham, Ekonomi, Keuangan dan Investasi), 5(3), 299-307.
Sunardi, N., & Tatariyanto, F. . (2023). The Impact of the Covid-19 Pandemic and Fintech Adoption on Financial Performance Moderating by Capital Adequacy . International Journal of Islamic Business and Management Review, 3(1), 102–118. https://doi.org/10.54099/ijibmr.v3i1.620
Copyright (c) 2022 IDEA Journal

This work is licensed under a Creative Commons Attribution 4.0 International License.
Open Access
IDEA (International Development of Economics and Administration Journal) is a national peer reviewed and open access journal that publishes significant and important research from all area of Development of Economics and Administration.
This journal provides immediate open access to its content that making research publish in this journal freely available to the public that supports a greater exchange of knowledge.
Copyright
Submission of a manuscript implies that the submitted work has not been published before (except as part of a thesis or report, or abstract); that it is not under consideration for publication elsewhere; that its publication has been approved by all co-authors. If and when the manuscript is accepted for publication, the author(s) still hold the copyright and retain publishing rights without restrictions. Authors or others are allowed to multiply article as long as not for commercial purposes. For the new invention, authors are suggested to manage its patent before published. The license type is CC-BY-SA 4.0.
Disclaimer
No responsibility is assumed by publisher and co-publishers, nor by the editors for any injury and/or damage to persons or property as a result of any actual or alleged libelous statements, infringement of intellectual property or privacy rights, or products liability, whether resulting from negligence or otherwise, or from any use or operation of any ideas, instructions, procedures, products or methods contained in the material therein.