THE INFLUENCE OF THE DEBT TO EQUITY RATIO (DER) AND DEBT TO ASSET RATIO (DAR) AGAINST THE RETURN ON ASSET (ROA) ON PLANTATION COMPANIES IN INDONESIA STOCK EXCHANGE PERIOD IN 2013-2017

Dody Firman, Erika Suci Nasution

Abstract


The purpose of this research is to know the influence of the Debt to Equity Ratio and the Debt to Asset Ratio either partially or simultaneously against the Return On Assets on the company's Plantations were listed on the Indonesia stock exchange in the period 2013-2017.

The approach used in this study is the associative approach. The number of samples obtained as many as eleven companies were listed on the Indonesia stock exchange. Data collection techniques in the study using multiple regression analysis, classic assumption test, t test, F test, and the coefficient of determination. The results of this research are partially (t-test) shows that the Debt to Equity Ratio (X 1) indicates the value thitung < thitung (-3,244 < 2,006) and significant value under 0,005 (0.002 < 0.05) mean H0 is rejected and Ha was accepted, meaning shows that in There is a significant negative influence of partial between the Debt to Equity Ratio against the Return On Assets. Debt to Asset Ratio (X 2) indicates the value thitung > thitung (6,180 > 2,006) and significant value under 0.05 (0000 < 0.05) mean H0 is accepted and Ha was rejected, which means there is no significant posiif influence among variables Debt to Asset Ratio against the Return On Assets. Simultaneously (FR F) collectively indicate that the Debt to Equity Ratio (X 1) and Debt-to-Assets Ratio (X 2) menunnjukkan the value Fhitung > Ftabel (28,526 > 3.18) and significant value under 0.05 (0000 < 0.05) mean H0 is rejected and accepted Ha, which means altogether there are influential but not significantly to Return On Asset (Y) on the company's Plantation and the components listed on the Indonesia stock exchange.

 

Keywords: Debt to Equity Ratio, Debt to Assets Ratio and Return On Assets

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