The Effect Of Financial Ratios On Profitability (Comparative Study of PT Telkom and PT Indosat Companies in the 2014-2018 Period)

Wulan Hasnada Imani, Ade Banani, Ary Yunanto


This type of research is a comparative descriptive study with a quantitative approach. This study aims to test empirically the effect of financial ratios as measured by the variable Total Asset Turnover, Debt to Asset Ratio (DAR), Debt to Equity Ratio (DER) and Current Ratio on Profitability as measured by Return On Asset. This analysis uses independent variables, namely Total Asset Turnover, Debt to Asset Ratio, Debt to Equity Ratio and Current Ratio. The dependent variable is Return On Asset. The population in this study are telecommunication companies listed on the Indonesia Stock Exchange (BEI). While the samples in this study are PT Telkom and PT Indosat which are the two biggest telecommunication company players in Indonesia. This study uses purposive sampling method as a sampling technique. The type of data used is secondary data obtained from the website of each company. The analytical tool used in this study is multiple linear regression analysis with the SPSS 25 program. The results showed that Total Asset Turnover, Debt to Asset Ratio, Debt to Equity ratio and current ratio have a partial effect on Return On Assets at a significance level of less than 5%. For the results of testing hypotheses 5 and 6 indicate that there are differences between the performance of the company where PT Telkom and PT Indosat in deciding policy ROA.


Keywords: Return On Asset, Total Asset Turnover, Debt to Asset Ratio, Debt to Equity Ratio, Current Ratio

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