Indonesian Financial Review

The Influence of Return On Assets, Current Ratio and Debt To Asset Ratio On Financial Distress at PT Hero Supermarket Tbk Period 2008 to 2022

Aina Salsabila Addira — 2024-09-08

This study aims to determine the effect of Return On Asset, Current Ratio, and Debt to Asset Ratio on Financial Distress Prediction using the Altman Z-Score Model. The research method used is an associative descriptive method with a quantitative approach. Data from the financial statements of PT Hero Supermarket Tbk 2008- 2022. Hypothesis testing using the SPSS v29 program, the results Return On Asset Tcount 2.671> Ttable 2.201 significant level 0.022 <0.05, Current Ratio Tcount -2. 822> Ttable 2.201 significant level 0.017 <0.05, Debt to Asset Ratio Tcount - 3.422> Ttable 2.201 significant level of 0.006 <0.05, obtained the results of Fcount of 6.512> Ftable of 3.59, significant level of 0.009 <0.05. Return On Asset has a significant effect, Current Ratio has a significant negative effect, Debt to Asset Ratio has a significant negative effect. Return On Asset, Current Ratio, and Debt to Asset Ratio effect on Financial Distress simultaneously.

The The Influence of Capital Structure, Profitability and Company Size on Company Value at PT Kalbe Farma Tbk for the 2007-2022 Period

Aina Aziziah — 2024-09-08

This research aims to determine the influence of capital structure, profitability, and company size on company value (PBV) at PT Kalbe Farma Tbk for the 2007-2022 period. This research method uses quantitative methods that will be processed with the Eviews 12 SV application. The sample used is the financial report for the 2007-2022 period. Capital Structure shows a t-count value of -2.148 < t-table 2.145 and has a significance value of 0.0528 (0.0528 > 0 .05). Profitability (ROE) has a calculated t-value of 5.693 > t-table 2.145 and has a significance value of (0.0001 < 0.05). Company size (Total Assets) has a calculated t-value of 4.721 > t-table 2.145 and has a significance value of (0.0005 < 0.05). The results are influential and significant with a significance value of 0.000461 (0.000461 < 0.05) with a calculated f-value of 12.89326 > f-table 3.49 simultaneously.

Analysis of Solvency Ratios and Profitability Ratios to Measure The Financial Performance of Aviation Sector Companies for The Period 2018 -2022

Ahmad rayhan Ali — 2024-09-08

This research aims to evaluate the solvency and profitability ratios of PT Garuda Indonesia Tbk and PT AirAsia Indonesia Tbk from 2018 to 2022, and their financial performance based on these ratios. The research method uses Solvency ratios, such as Debt to Assets Ratio (DAR) and Debt To Equity Ratio (DER), to measure a company's ability to manage debt against its assets and equity PT Garuda Indonesia Tbk and PT AirAsia Indonesia Tbk. The research results show that the financial performance of PT Garuda Indonesia Tbk and PT AirAsia Indonesia Tbk from 2018 to 2022 shows low solvency and profitability, based on industry standards. This evaluation provides important information for company management to improve debt management strategies, increase operational efficiency, and increase asset use to improve the company's long-term profitability.

The Influence of Return On Asset, Debt to Equity Ratio and Earning Per Share on Stock Price PT Hanjaya Mandala Sampoerna Tbk Period 2010-2023

Airin Novelia — 2024-09-08

This research aims to determine the effect of Return On Asset, Debt to Equity Ratio and Earning Per Share on Stock Price. The independent variables are Return On Asset, Debt to Equity Ratio and Earning Per Share and the dependent variable is Stock Price. Using quantitative research methods, the sample and population used in this study are the annual financial statements of PT Hanjaya Mandala Sampoerna Tbk for the period 2010-2023 The results showed that partially Return On Asset had no effect and was not significant to the Stock Price. Debt to Equity Ratio partially and significantly affects the Price and Earning Per Share partially has no effect and is not significant to the Share Price. Then the f test shows that simultaneously Return On Asset, Debt to Equity Ratio and Earning Per Share have a significant effect on Stock Price.

The Effect Of Current Ratio (CR) And Debt To Asset Ratio (DAR) On Net Profit Margin (NPM) At PT Bekasi Fajar Industrial Estate Tbk Period 2010-2022

aisyah devia fitriani — 2024-09-08

This study aimed to determine the effect of the current ratio and debt-to-asset ratio on the net profit margin at PT Bekasi Fajar Industrial Estate Tbk. This type of research uses quantitative research methodology with an associative approach. The population was all financial statements at PT Bekasi Fajar Industrial Estate Tbk with samples from 2010 to 2022. Using SPSS version 26 software, this research includes the classical assumption test (normality, multicollinearity, heteroscedasticity, and autocorrelation), multiple linear regression test, determination coefficient test, and hypothesis testing with a significant level of 0.05. Partially, the CR did not affect the NPM. Partially, the DAR did not affect the NPM variable. Simultaneously, both the CR and the DAR, neither of them had influenced the NPM.