Studi Empiris Pada Perusahaan Manufaktur Sub Sektor Makanan dan Minuman yang Terdaftar di BEI Periode 2017-2021

  • Julio Erik Cantona
  • Fera Maulina
Keywords: Debt to Equity Ratio, Debt to Asset Ratio, Long Term Debt to Equity Ratio, Return on Asset


Financial statements are simply information about financial activities in a company that can be used to view and assess a company's condition and assess the company's performance in a certain period. The author in this study uses the solvency ratio to the company's profitability. This study aims to determine the significance of the effect of Debt to-Equity Ratio (DER), Debt to Asset Ratio (DAR), and LongTerm Debt to Equity Ratio (LTDtER) on Profitability (Return on Assets) in Manufacturing Companies in the Food and Beverage Sub-Sector. Listed on the IDX for the 2017-2021 period. The population in this study is a manufacturing company in the food and beverage sub-sector and is listed on the Indonesia Stock Exchange (IDX) for the 2017-2021 period. Determination of the sample in this study using purposive sampling method. The sample obtained amounted to 25 companies. This research is in the form of associative using quantitative methods. The data analysis technique used is multiple linear regression analysis and absolute difference value test using the IBM SPSS version 25 program. The results of the study show that DAR has no significant effect on ROA, DER has no significant effect on ROA, LTDtER has a significant effect on ROA. DAR, DER, LTDter simultaneously have a significant effect on Return on Assets.