Factors Affecting Profitability in Indonesia's Retailing sub-sector (2019-2023)

The company wants an optimal profit for the business being run. This study aims to determine the effect of the current ratio (CR) on return on equity (ROE), the effect of debt to equity ratio (DER) on return on equity (ROE), and to determine the effect of current ratio (CR) and debt to equity ratio (DER) simultaneously on return on equity (ROE) at PT Aneka Tambang, Tbk in the period 2010 - 2017. The research method used is descriptive quantitative. The data used are secondary data in the form of PT Aneka Tambang, Tbk's financial statements for the period 2010-2017. The analytical method used is the classic assumption test, multiple linear regression analysis, correlation coefficient, coefficient of determination, and hypothesis testing with t-test and F test using SPSS version 20.0. The results showed no significant effect of the current ratio (CR) on return on equity (ROE), there was no significant effect of debt to equity ratio (DER) on return on equity (ROE), and there was no significant effect between the current ratio (CR) and debt to equity ratio (DER) together against return on equity (ROE). Current ratio (CR) and debt to equity ratio (DER) have a very strong relationship to return on equity (ROE). The contribution rate of the variable current ratio (CR) and the debt to equity ratio (DER) to return on equity (ROE) is 61.9%.

The objectives of this research is to examine the effect of Company Size proxied by Total Asset, Debt to Equity Ratio (DER), Return On Equity (ROE), Productivity proxied by Total Asset Turn Over (TATO), and Current Ratio (CR) both partially and simultaneously towards Bond Rating. Bond rating is important to be considered by investors and creditors since it can indicate the company's default risk. The objects of this study are financial institution which were entire financial companies that issuing bonds and rated by PT PEFINDO for 2012, 2013, and 2014, and listed at the Indonesia Stock Exchange periode 2011-2013. Total sample in this research are 18 companies that selected with purposive sampling and analyzed by using multiple regression method. The data used in this study are secondary data such as financial statements and list of bond rating PT PEFINDO. The result of this research indicates that (1) Company Size proxied by Total Asset had a significant affect towards bond rating (2) Debt to Equity Ratio (DER) had no effect towards bond rating (3) Return On Equity (ROE) had no effect towards bond rating (4) Productivity proxied by Total Asset Turn Over (TATO) had no effect towards bond rating (5) Current Ratio (CR) had no effect towards bond rating (6) Company Size, Debt to Equity Ratio (DER), Return On Equity (ROE), Productivity, and Current Ratio (CR) simultaneously have a significant effect towards Bond Rating. Keywords: Company Size, Debt to Equity Ratio (DER), Return On Equity (ROE), Productivity, Current Ratio (CR), Bond Rating

This study aims to analyze the effect of the Current Ratio, Debt to Equity Ratio (DER), Total Asset Turn Over (TATO) and Net Profit Margin (NPM) on LQ45 companies' Return on Equity (ROE) at the Indonesia Stock Exchange in 2013 - 2018. This research is an explanatory research that explains the causality relationship using secondary data with a population of 45 companies incorporated in the LQ45 index on the Indonesia Stock Exchange in 2018. Samples of 7 companies were selected using the purposive sample method in accordance with predetermined criteria including one of which is to have a report finance in 2013-2018. The analytical method used is panel data linear regression.
 The results showed that at the 95% confidence level of the four dependent variables studied, namely: Current Ratio, Debt to Equity Ratio (DER), Total Asset Turn Over (TATO) and Net Profit Margin (NPM) there are three variables that have a significant effect on Return on Equity (ROE), namely Debt to Equity Ratio (DER), Total Asset Turn Over (TATO) and and Net Profit Margin (NPM). Meanwhile, if tested simultaneously, the Current Ratio, Debt to Equity Ratio (DER), Total Asset Turn Over (TATO) and Net Profit Margin (NPM) have a significant effect on Return on Equity (ROE.)
 Keywords : Current Ratio, Debt to Equity Ratio (DER), Total Asset Turn Over (TATO) dan Net Profit Margin (NPM) dan Return on Equity (ROE)

This research is entitled The Effect of Current Ratio (CR), Debt to Equity Ratio (DER), Return On Equity (ROE), and Total Asset Turnover (TATO) on Stock Prices of Food and Beverage Companies Listed on the IDX in 2017-2021. Aims to partially test the effect of the Current Ratio (CR), Debt to Equity Ratio (DER), Return On Equity (ROE), and Total Asset Turnover (TATO) on the Stock Prices of Food and Beverage Companies Listed on the IDX. The population of this research is 72 companies. Sampling was carried out using the purposive sampling method, and obtained a sample of 15 food and beverage companies listed on the Indonesia Stock Exchange for the 2017-2021 period. The data used in this study is secondary data in the form of company financial reports published on the Indonesia Stock Exchange. The research data analysis procedure uses Variable Description Analysis, Descriptive Statistical Analysis, Classical Assumption Test, Multiple Regression Analysis, Model Feasibility Test, Hypothesis Test and Detemination Test (Adjusted R2)This research is entitled The Effect of Current Ratio (CR), Debt to Equity Ratio (DER), Return On Equity (ROE), and Total Asset Turnover (TATO) on Stock Prices of Food and Beverage Companies Listed on the IDX in 2017-2021. Aims to partially test the effect of the Current Ratio (CR), Debt to Equity Ratio (DER), Return On Equity (ROE), and Total Asset Turnover (TATO) on the Stock Prices of Food and Beverage Companies Listed on the IDX. The population of this research is 72 companies. Sampling was carried out using the purposive sampling method, and obtained a sample of 15 food and beverage companies listed on the Indonesia Stock Exchange for the 2017-2021 period.The data used in this study is secondary data in the form of company financial reports published on the Indonesia Stock Exchange. The research data analysis procedure uses Variable Description Analysis, Descriptive Statistical Analysis, Classical Assumption Test, Multiple Regression Analysis, Model Feasibility Test, Hypothesis Test and Detemination Test (Adjusted R2) The results of the study prove that Current Ratio (CR) has a negative and not significant effect, Debt to Equity Ratio (DER) has a negative and not significant effect, Return On Equity (ROE) has a positive and significant effect and Total Asset Turnover (TATO) has a negative and significant effect on Price Food and Beverage Company Shares 2017-2021

This research aims to investigate the effect of financial performance variables of Debt to Equity Ratio (DER) and Current Ratio (CR) to the Stock Price with Return On Equity (ROE) as the intervening variable. The study is conducted to wholesale and retail companies that are listed in Indonesia Stock Exchange within 2010-2014 periods. The samples are chosen by using Purposive Sampling Method, where 15 companies in Wholesale and Retail trading sub-sector are selected. There are two independent variables in this research, they are Debt to Equity Ratio (DER) and Current Ratio (CR), one dependent variable which is Stock Price as well as one intervening variable, Return on Equity (ROE). Analysis methods used in this research are multiple linear regression, simple linear regression and through path analysis. The result shows that both Debt to Equity Ratio (DER) and Current Ratio (CR) have simultaneous positive and significant influence towards Return on Equity (ROE). Additionally, Return on Equity (ROE) variable positively and significantly affects the Stock Price. It can also be concluded that Debt to Equity Ratio (DER) and Current Ratio (CR) have an effect towards Stock Price with Return on Equity (ROE) as its intervening variable. It was found that DER has a coefficient of 0,318 to the Stock Price through ROE, whereas CR has indirect effect of 0,2415 towards Stock Price with ROE as intervening variable. Keywords: Debt to Equity Ratio, Current Ratio, Return on Equity, Stock Price

The purpose of this study is to examine and analyze the influence of Return on Assets (ROA), Debt to Equity Ratio (DER), and Return on Equity (ROE) on stock prices in food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange. In conducting the analysis, there are various types of ratios with different functions that can be used. Of the numerous ratios, the financial ratios used in this study are ROA, DER, and ROE as independent variables, and the Stock Price as the dependent variable. The sample collection technique in this study used a purposive sampling technique with 30 companies selected as samples from a population of 54 food and beverage sector industries for the 2019-2021 period, which are listed on the Indonesia Stock Exchange (IDX). The method in this study uses a quantitative approach and the data source in this study uses secondary data sources that include documentation studies. This method is used to gather data from companies related to the variables under study. In testing the hypothesis, this study uses Multiple Linear Regression Analysis. From the hypothesis testing in the study, it was found that, simultaneously, ROA, DER, and ROE, which are the independent variables, influence the Stock Price of food and beverage manufacturing companies listed on IDX for the 2019-2021 period, which is the dependent variable. In addition, the results of partial hypothesis testing in this study found that, partially, ROA, DER, and ROE do not affect the Stock Price of manufacturing companies listed on the IDX for the 2019-2021 period.

This study aims to analyze the effect of the Current Ratio, Debt to Equity Ratio (DER), Total Asset Turn Over (TATO) and Net Profit Margin (NPM) on LQ45 companies' Return on Equity (ROE) at the Indonesia Stock Exchange in 2013 - 2018. This research is an explanatory research that explains the causality relationship using secondary data with a population of 45 companies incorporated in the LQ45 index on the Indonesia Stock Exchange in 2018. Samples of 7 companies were selected using the purposive sample method in accordance with predetermined criteria including one of which is to have a report finance in 2013-2018. The analytical method used is panel data linear regression. The results showed that at the 95% confidence level of the four dependent variables studied, namely: Current Ratio, Debt to Equity Ratio (DER), Total Asset Turn Over (TATO) and Net Profit Margin (NPM) there are three variables that have a significant effect on Return on Equity (ROE), namely Debt to Equity Ratio (DER), Total Asset Turn Over (TATO) and and Net Profit Margin (NPM). Meanwhile, if tested simultaneously, the Current Ratio, Debt to Equity Ratio (DER), Total Asset Turn Over (TATO) and Net Profit Margin (NPM) have a significant effect on Return on Equity (ROE.) Keywords : Current Ratio, Debt to Equity Ratio (DER), Total Asset Turn Over (TATO) dan Net Profit Margin (NPM) dan Return on Equity (ROE)

This study aims to determine the effect of Current Ratio (CR), Return On Equity (ROE) and Debt to Equity Ratio (DER) on stock prices. Current Ratio is the liquidity ratio, Return On Equity is the profitability ratio and the Debt to Equity Ratio is the Solvency ratio. The object in this study is a Construction Company listed on the Indonesia Stock Exchange (IDX). The research method in this study is a documentation method with a quantitative approach. The population used amounted to 26 companies, then the determination of the sample was determined through a purposive sampling technique. Based on predetermined2 criteria, a sample of 14 companies was obtained. The results showed that simultaneously the Current Ratio (CR), Return On Equity (ROE) and Debt to Equity Ratio (DER) variables had a significant effect on stock prices. Partially, Current Ratio (CR) has a positive but not significant effect on stock prices, while Return on Equity (ROE) has a positive and significant effect on stock prices and Debt to Equity Ratio (DER) has a negative and significant effect on stock prices. This shows that the company must maintain the value of Return On Equity (ROE) and Debt to Equity Ratio (DER).

This study aims to see the effect of the effect of Return on Equity (ROE) and Debt to Equity Ratio (DER) on Stock Return. Research type in quantitative research. The research method used is the multiple linear regression method, with the variable X_1 Return On Equity (ROE), the variable X_2 Debt To Equity Ratio and the variable Y Stock Return. Collecting data in this study using descriptive analysis techniques. The documents used are financial reports from 2009 to 2018 which are listed on the Indonesia Stock Exchange. The results of the partial test research (t test) show that there is a positive and significant influence between the Return on Equity (ROE) of Stock Return, it can be seen from the value of t count 2.598> t table 2.365, with a significance value of 0.044 <0.05 can be obtained from Ho1 rejected and Ha1 accepted. Then the results of the Partial Test (t test) show that there is a negative and insignificant influence between the Debt To Equity Ratio (DER) on Stock Returns, it can be seen from the value of tcount -0.228 > ttabel -2.365, with a significance value of 0.825> 0.05 then it can be obtained that Ho2 is accepted and Ha2 is rejected. Furthermore, the results of the research simultaneously (Test f) show that there is no significant influence between Return On Equity (ROE) and Debt To Equity Ratio (DER) on Stock Return, it can be seen from the value of the value of 3.060 <ftabel 4.46 with a significance value. 0.111. Because the significant value is greater than 0.111> 0.05, it can be concluded that Ho3 is accepted and Ha3 is rejected.

This research aims to analyze and determine the partial influence of Current Ratio (CR) on Return On Equity (ROE). To analyze and find out whether there is a partial influence of the Debt to Equity Ratio (DER) on Return On Equity (ROE). To analyze and determine the influence of the Current Ratio (CR) and Debt to Equity Ratio (DER) simultaneously on Return On Equity (ROE). The population used in this research is pulp and paper sub-sector companies listed on the Indonesian Stock Exchange (BEI) for the 2017-2022 period. The sample selection for this research was determined using the purposive sampling method, where the researcher selected the sample based on the assessment of sample members' criteria which were adjusted to certain considerations. Based on these criteria, there are 7 companies in the pulp and paper sub-sector that are the research samples. The type of data used is secondary data originating from publications on the official websites of related companies and the Indonesian Stock Exchange (BEI) in the form of annual financial reports. For data collection, documentation techniques were used. The data analysis technique used is panel data regression with the help of SPSS 23. Based on the research results, it is concluded that the Current Ratio (CR) and Debt to Equity Ratio (DER) simultaneously have a significant effect on Return On Equity (ROE). Partially, Current Ratio (CR) has no significant effect on Return On Equity (ROE). Meanwhile, Debt to Equity Ratio (DER) partially has no significant effect on Return On Equity (ROE).

The purpose of this research to analyze the effect of Return On Asset, Return On Equity, Net Profit Margin, Debt To Equity Ratio and Current Ratio toward growth income either simultaneously or partially on automotive companies that were listed in Indonesia stock exchange. Independent variables used in this research were Return On Asset, Return On Equity, Net Profit Margin, Debt To Equity Ratio and Current Ratio and dependent variable in this research was growth incom. The data used in this research was secondary data as 55 samples with purposive sampling. The method used to analyze the relation between independent variable and dependent variable was multiple linear regression and classical assumption test. The findings of this research identified that simultaneously independent variables Return On Asset, Return On Equity, Net Profit Margin, To Equity Ratio and Current Ratio with F test, effected together to growth income significantly 0.000. While the result partially with T test, Return On Asset, Return On Equity, and Net Profit Margin to growth income with significance and positive of each was 0.029, 0,041 and 0.008. While Debt To Equity Ratio and Current Ratio to growth income with significance and negative of 0.008 and 0,001. Companies must be able to demonstrate a good performance, high growth potential, and delivered company information sufficient to investors about the company.

This study aims to determine the partial and simultaneous effects of the Current Ratio (CR) and Debt to Equity Ratio (DER) on Return on Equity (ROE) at PT Arwana Citramulia Tbk. over a 10-year period from 2012 to 2021. This research is associative in nature, with sample selection using a purposive sampling technique. The type of data used is quantitative, obtained from the company's audited financial statements, totaling 40 data points from the 2012-2021 period. The data source used in this study is secondary, obtained from the official website of the Indonesia Stock Exchange. Data processing was conducted using the statistical program IBM SPSS version 22. The data analysis techniques employed include statistical tests such as classical assumption tests, simple and multiple regression tests, coefficient of determination (R²) test, T-test, and F-test. The research findings indicate that; The partial test for the Current Ratio resulted in a significance value of 0.244 > 0.05, with a comparison of t_calculated < t_table (1.186 < 2.03224), meaning there is no significant partial effect of the Current Ratio on Return on Equity. The partial test for the Debt to Equity Ratio resulted in a significance value of 0.001 < 0.05, with a comparison of t_calculated < -t_table (-3.589 < -2.03224), indicating a significant and negative partial effect of the Debt to Equity Ratio on Return on Equity. The simultaneous test for the Current Ratio and Debt to Equity Ratio resulted in a significance value of 0.004 < 0.05, with a comparison of F_calculated > F_table (6.443 > 3.28), meaning that together, the Current Ratio and Debt to Equity Ratio have a significant and positive effect on Return on Equity.

Penlitian ini dilakukan dengan bertujuan untuk mengetahui dan menganalisis apakah terdapat pengaruh DER terhadap harga saham perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia, pengaruh TATO, pengaruh CR dan pengaruh ROE serta pengaruh yang signifikan DER, TATO, CR dan ROE. Penelitian ini menggunakan data sekunder melalui data laporan keuangan perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia sebanyak 15 dari 27 perusahaan dengan 4 tahun yang memenuhi kriteria sebagai sampel , penelitian dilakukan januari sampai maret 2020. Data dianalisis dengan menggunakan program SPSS. Hasil Penelitian ini menunjukkan bahwa : (1) Debt to Equity Ratio (X1) berpengaruh negatif tapi tidak signifikan terhadap harga saham pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (2) Total Asset turnover (X2) berpengaruh positif tapi tidak signifikan terhadap harga saham pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (3) Current Ratio (X3) berpengaruh negatif dan tidak signifkan terhadap harga saham pada perusahaan saham pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (4) Return on Equity (X4) berpengaruh positif dan signifikan terhadap harga saham pada perusahaan y perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (5) Debt to Equity Ratio (DER), Total Asset Turnover (TATO), Current Ratio (CR) dan Return on Equity (ROE) berpengaruh positif dan signifikan secara bersama-sama terhadap harga saham pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia. This research was conducted by researching to analyze and analyze the DER of the company's stock prices and beverages listed on the Indonesia Stock Exchange, using TATO, CR and the influence of ROE and showed a significant DER, TATO, CR and ROE. This study uses secondary data through the data of financial statements of food and beverage companies listed on the Indonesia Stock Exchange as many as 15 out of 27 companies with 4 years that meet the criteria as a sample, the study was conducted January to March 2020. Data were analyzed using the SPSS program. The results of this study indicate that: (1) Debt to Equity Ratio (X1) has a negative but not significant effect on stock prices on food and beverage companies listed on the Indonesia Stock Exchange (2) Total asset turnover (X2) is positive but not significant on prices shares in food and beverage companies listed on the Indonesia Stock Exchange (3) Current Ratio (X3) shows a negative and insignificant price of shares in food and beverage companies listed on the Indonesia Stock Exchange (4) Equity Returns (4) X4) positive and significant impact on the price of shares of companies and food and beverage companies listed on the Indonesia Stock Exchange (5) Debt to Equity Ratio (DER), Total Asset Turnover (TATO), Current Ratio (CR) and Return on Capital (ROE) have a positive effect and significant jointly with respect to share prices in food and beverage companies listed on the Indonesia Stock Exchange

This research aims to examine the impact of financial ratios, including Debt to Equity Ratio (DER), Current Ratio (CR), and Accounts Receivables Turnover Ratio (RTO), on Stock Return, mediated by Return on Equity (ROE). The background of this study highlights the role of various financial ratios, such as solvency ratio (DER), liquidity ratio (CR), activity ratio (RTO), and profitability ratio (ROE), on stock returns. Previous research has shown varied results regarding the influence of financial ratios on stock returns. This research employs a quantitative descriptive method with Stata as the analytical tool. It eval_uates the impact of DER, CR, RTO, ROE, and Stock Return on coal mining companies listed on the Indonesia Stock Exchange (IDX) during the period of 2018-2023. The total sample comprises 108 data points from 18 companies. The analytical method used is multiple linear regression with panel data, processed using Stata. The results indicate that DER, CR, and RTO do not affect stock returns, whereas ROE significantly affects stock returns. DER affects ROE, while CR and RTO do not affect ROE. Additionally, ROE as an intervening variable does not mediate the influence of DER, CR, and RTO on stock returns. This research is expected to assist investors in analyzing the stocks of coal mining companies traded on the Indonesia Stock Exchange and help companies optimize their financial performance, enhance operational performance, and ultimately maximize shareholder value.

This research performed in order to test the influence of variabel, Current Ratio (CR), Debt to Equity Ratio (DER), Total Assets Turnover (TAT), dan Net Profit Margin (NPM) toward Return on Equity (ROE). Methodology research as the sample used proposive sampling with criteria as (1) Manufacturing companies that listing at JSX who provide financial report year ending 31st December during the observation period 2008 – 2010, well available at JASICA index. (2) Companies must be the listined at the beginning of the period of observation and not on the delisting until the end of the observation period. (3) The financial report include the value of financial ratios to be studied include ROE, CR, DER, TAT, and NPM. (4) At the beginning of the observation period until the end. Total of 23 samples obtained from 131 firms during the observation period of three years in the manufacturing sector. Sample amount as much 69 during the observation period of three years. Data analysis with multi linier regression of ordinary least square and hypotheses test used partial t - test, simultan F – test at level of significance 5%. Empirical evidence show as CR, DER, and TAT to have not significant influence toward ROE of manufacturing companies listing in JSX over period 2008 – 2010 at level of significance >5%. While the rest NPM to have significant influence toward ROE of manufacturing companies listined in JSX over period 2008 – 2010 at level of significance 5%. While, four independent variabel (CR, DER, TAT and NPM) to have significant influence toward ROE at level of significance 5% as 0,000%. Predictable of the four variables toward ROE is 56,9% as indicated by adjusted R square that is 56,9% while the rest 43,1% is affected by other factors is not included into the study model.