The Impact of The Current Ratio and The Debt to Equity Ratio towards the Level of ROA of Construction Sector Companies Listed in Indonesia Stock Exchange (IDX

Palimbong, Lilis Maryani (2016) The Impact of The Current Ratio and The Debt to Equity Ratio towards the Level of ROA of Construction Sector Companies Listed in Indonesia Stock Exchange (IDX. S1 thesis, Universitas Negeri Makassar.

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ABSTRACT This research aimed to investigate the impact among Current Ratio and Debt to Equity Ratio on level of ROA of construction sector companies listed in Indonesia Stock Exchange (IDX). There are two independent variables (X) used in this research, that is Current Ratio (X1) and Debt to Equity Ratio (X2), while ROA as the dependent variable (Y). The research population is the whole construction sector companies listed in Indonesia Stock Exchange (IDX) while the sampling used purposive sampling technique. The method of data collection will be documentation. The data collected were analyzed by the equation of each financial ratio, then processed by using classic assumption test, multiple regression analysis, coefficient of determination analysis, t-test and f-test. The result of classic assumption test obtained showed; 1) the data in this research with a normal distribution, 2) among the variables there is no multicoloniarity problem in the regression result, 3) there is no heteroscedasticity problem, and 4) there is a positive autocorrelation. The result of multiple regression analysis showed the equation Y = 0.040 + 0.014X1 – 0.003X2 which means that the variable Current Ratio (CR) has a positive impact on ROA with the regression coefficient value of 0.014. It means that for every additional 1% of the Current Ratio (CR) will increase the value of ROA about 0.014%. While the variable Debt to Equity Ratio (DER) has a negative impact on ROA, with the regression coefficient value of -0.013. It means that, for every additional 1% of Debt to Equity Ratio (DER) will decrease the value of ROA about 0.003%. Based on the t-tes obtained result that the Current Ratio (X1) has a positive impact not significant towards the ROA (Y) and the variable Debt to Equity Ratio (X2) has a negative impact not significant towards the ROA (Y). While from the result of f-test obtained the Farithmetic is lower than the Ftable value (0.724 < 3.12) which means that simultaneously Current Ratio (X1) and Debt to Equity Ratio (X2) had no significant impact on ROA (Y). Thus the hypothesis “Allegedly the Current Ratio and the Debt to Equity Ratio simultaneously have a significant impact to the level of ROA of construction sector companies listed in Indonesia Stock Exchange (IDX)”, was rejected. Keyword: Current Ratio, Debt to Equity Ratio, Return On Asset (ROA)

Item Type: Thesis (S1)
Subjects: FAKULTAS EKONOMI
FAKULTAS EKONOMI > Pendidikan Akuntansi
Divisions: FAKULTAS EKONOMI
Depositing User: UPT PERPUSTAKAAN UNM
Date Deposited: 23 Nov 2017 02:57
Last Modified: 23 Nov 2017 02:57
URI: http://eprints.unm.ac.id/id/eprint/4086

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