Abstract

PT Adaro Energy Indonesia Tbk is an integrated energy company with businesses in the coal mining, renewable energy, utility, and mineral sectors listed on the Indonesia Stock Exchange (IDX). The purpose of this study was to determine (1) the correlation and influence between equity and assets on operating profit and (2) the extent of the correlation and influence between equity and assets on operating profit. The data source used is secondary data in the form of annual reports of PT Adaro Energy Indonesia Tbk (2018 - 2022) and several other references. Data analysis uses correlation and multiple linear regression analysis methods. The results showed that there was a positive, strong, significant correlation and influence between equity and assets on the operating profit of PT Adaro Energy Indonesia Tbk Jakarta

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