Return On Assets Variables Research Articles

Influence of Internal Factors and External Factors on Non Performing Financing in Islamic Commercial Banks

This study aims to see the effect of the variables Return on Assets (ROA), Capital Adequacy Ratio (CAR), Operating Costs and Operating Income (OCOI), Financing to Deposit Ratio (FDR), inflation and Gross Domestic Product (GDP) on Non-Performing Financing (NPF) for Islamic commercial banks in Indonesia for the 2018-2022 period. This type of research uses quantitative research methods. The analytical tool used is multiple linear regression analysis using E-views version 10 software. The sample in this study is Islamic Commercial Banks in Indonesia. The results showed that simultaneously the variables ROA, CAR, OCOI and FDR had a significant effect on Non-Performing Financing (NPF), while simultaneously, the variables Inflation and GDP did not have a significant effect on Non-Performing Financing (NPF). Partially CAR, OCOI, and FDR have a significant effect on Non-Performing Financing (NPF), whereas ROA, Inflation and GDP have no effect on Non-Performing Financing (NPF). Internal factor variables have an effect of 88.2% on Non-Performing Financing (NPF), while 11.8% are influenced by other variables not examined. External factor variables have an effect of 3.1% on Non-Performing Financing (NPF), while 96.9% are influenced by other variables not examined.

The Effects of Non-Performing Loans (NPL), Return on Assets (ROA), Capital Adequacy Ratio (CAR) and BI Rate on Credit Distribution to Commercial Banks Listed on the Indonesian Stock Exchange for the 2019-2021 Period

This research aims to determine the effect of the Non Performing Loan (NPL) variable on credit distribution, knowing the influence of the Return on Assets (ROA) variable on credit distribution, knowing the influence of the Capital Adequency Ratio (CAR) variable on credit distribution, knowing the influence of the BI Rate variable on credit distribution, and knowing the influence of the NPL, ROA, CAR and BI Rate variables on credit distribution credit at Commercial Banks listed on the Indonesia Stock Exchange in 2019-2021. The companies used as samples are 25 companies listed on the Indonesia Stock Exchange in 2019-2021. The data analysis technique uses multiple regression analysis. The results of the analysis show that Non Performing Loans (NPL) have a positive and insignificant effect on credit distribution. Return on Assets (ROA) has a positive and significant effect on credit distribution. Capital Education Ratio (CAR) has a negative and insignificant effect on credit distribution. The BI Rate has a negative and insignificant effect on credit distribution.

Pengaruh Earning Per Share Dan Return On Assets Terhadap Harga Saham

This study aims to determine the effect of earnings per share and return on assets on stock prices (studies at PT. Hanjaya Mandala Sampoerna Tbk). The research problem in this study is whether Earning Per Share (EPS) and Return On Assets (ROA) partially and simultaneously affect the stock price at PT. Hanjaya Mandala Sampoerna Tbk. The research method uses the Multiple Linear Regression analysis technique with SPSS version 26. Based on the results of the analysis, it can be concluded that partially the Earning Per Share (EPS) variable has a positive and significant effect on stock prices, the Return On Assets (ROA) variable has no effect on prices share. Simultaneously the EPS and ROA variables affect stock prices. The coefficient of determination (R2) in this study is 0.810, meaning that EPS and ROA affect stock prices by 81% and the remaining 19% is influenced by other variables not included in this study.

The Effect of Islamic Corporate Governance and Islamic Corporate Social Responsibility on the Performance of Shariah Commercial Banks in Indonesia

This study aims to investigate and analyze the influence of Islamic corporate governance (ICG) and Islamic corporate social responsibility (ICSR) on the performance of Sharia Commercial Banks in Indonesia during the five-year period from 2014 to 2018. The financial performance of the banks is assessed using the return on assets (ROA) and return on equity (ROE). Employing a purposive sampling method, data was meticulously collected from a sample of 11 Sharia Commercial Banks. Employing a quantitative research approach, the study employs multiple regression analysis to discern the relationships between the variables. The results reveal that Islamic corporate governance (ICG) does not wield a significant effect on the financial performance of Sharia Commercial Banks, as represented by the variables ROA and ROE. However, in contrast, Islamic corporate social responsibility (ICSR) demonstrates a positive and significant impact on the financial performance of Sharia Commercial Banks, as indicated by the proxies ROA and ROE. These findings contribute to the understanding of the complex interplay between governance, social responsibility, and financial performance in the context of Islamic banking, providing insights for both practitioners and scholars.

The Effect Of Earnings Growth, Financial Ratios And Dividends On Stock Prices In Manufacturing Companies Listed On The LQ45 Index For The Period 2020 – 2022

The purpose of this study is to see the effect of profit growth, financial indicators and dividends on the share price of the manufacturing industry listed on the LQ45 index for the 2020-2022 period. This research uses a quantitative approach and uses the Structural Equation Modeling-Partial Least Squares (SEM-PLS) test tool. The data in this study were obtained from the financial statements of public companies in the manufacturing industry listed on the LQ45 index. Independent variables include earnings growth rate, return on assets (ROA), return on equity (ROE), price to earning ratio (PER), price to book ratio (PBV), and dividends paid by the company. Research shows that financial ratios which include ROA, ROE, PER, and PBV variables have a positive and significant influence on the stock price of a company, besides that although earnings growth has a positive impact on stock prices but is not significant on stock prices, the growth varies greatly, as well as dividends.This helps investors, financial managers, and business decision makers to understand the things that affect the stock price of manufacturing companies in the LQ45 index. If a company wants to maintain or increase its share value in a competitive market, it should consider its earnings history, financial metrics, and dividend policy.

DETERMINANT OF CAPITAL ADEQUACY RATIO USING INTERVENING VARIABLE RETURN ON ASSETS

This research is intended to analyze the influence of inflation variables, Loan to Deposit Ratio (LDR) on the Return On Assets (ROA) profitability ratio and on the Capital Adequacy Ratio (CAR). This is based on the phenomenon of inconsistencies in various studies from what is happening in reality, thus encouraging researchers to carry out research again. This research is a type of quantitative descriptive research with multiple regression analysis method for panel data using 9 cross section samples and 6 years as a time series. This research formula is to maximize the value of the CAR through ROA as an intervening variable using the research object of banking sector companies on the Indonesia Stock Exchange. Two research models were developed and integrated into one research model, each of which went through the model selection test stages, Chow Test, Hausman Test, and Lagrange Multiplier Test. The results of the first research model; that inflation can explain the impact on ROA with a negative correlation where these results confirm the applicable theory. Another result in the second research model is that the LDR can significantly explain its influence on the CAR with a negative correlation and this result is also in accordance with the applicable theory. The other variables cannot explain their influence on the endogenous variable ROA in the first model and the CAR in the second model. It is hoped that these results can help as a guide for banking practitioners in Indonesia to be able to maximize the CAR.

The Influence of Current Ratio, Total Asset Turnover, Return on Assets, Company Size and Debt to Equity on Profit Growth in Property and Real Estate Companies Listed on the Indonesian Stock Exchange for the 2016 - 2020 Period

The purpose of this study was to analyze the effect of the Current Ratio (CR), Total Assets Turnover (TATO), Return On Assets (ROA), Company Size (SIZE), and Debt to Equity Ratio on Profit Growth in Property and Real Estate Companies during the period 2016-2020. The population of this study is property and real estate companies listed on the Indonesia Stock Exchange for the period 2016 – 2020. Sampling was carried out by purposive sampling consisting of 15 companies. The data collection technique used is documentation. By using the Eviews 9 program, the research data were analyzed using a panel data regression approach with a significance level of 0.05. This analysis shows that the variables CR, TATO and ROA have a positive and significant effect on Profit Growth. Meanwhile, Company Size (SIZE) has a negative and significant effect on Profit Growth and DER has a positive and insignificant effect on Profit Growth.

The impact of capital intensity and corporate social responsibility on tax aggressiveness with profitability moderated role: Study on consumption good industry sub-sectors company In Indonesia Stock Exchange 2017-2022

This study seeks to examine and elucidate the impact of capital intensity (CI), return on assets (ROA), and corporate social responsibility (CSR) on tax aggressiveness (TA) in the food and beverage sub-sector companies listed on the Indonesian capital market. Additionally, it aims to explore the indirect relationship between CI and TA mediated by ROA. The study was carried out on nonfinancial sector firms listed on the Indonesia Stock Exchange (IDX) from 2017 to 2022. This study employed quantitative data and relied on secondary data sources, indicating that information was acquired, gathered, and analyzed from external sources. This study conducted hypothesis testing to examine the direct impact of CI, ROA, and CSR on TA, as well as the indirect impact of ROA as a moderator between CI and TA. The analysis was performed using MRA analysis with IBM SPSS Process by Andrew Hayes. Hypotheses were tested using a t-test to assess the regression coefficients, with a significance level of 5 percent. The study's results confirm the established research model, demonstrating that CI, ROA, and CSR have a direct, negative, and considerable impact on TA. Additionally, this research has successfully developed a theoretical model illustrating this influence. The use of ROA reduces the association between CI and TA. (2) To provide a theoretical framework that examines the influence of corporate image (CI), return on assets (ROA), and corporate social responsibility (CSR) on taxpayer attitude (TA) using the system employed by Indonesian taxpayers. (3) To conduct an empirical investigation on the elements that affect taxpayer behavior and their impact on TA. This study update focuses on the research variable, which serves as a thorough determinant of the TA variable. It combines the CI and ROA variables and tests their impact on TA. Additionally, it examines the moderating role of the ROA variable.

Kecukupan Modal dan Profitabilitas Pengaruhnya Terhadap Nilai Perusahaan

This study aims to determine how the influence of Capital Adequacy Ratio (CAR), Non Performing Financing (NPF), Return On Assets (ROA), Operating Expenses to Operating Income (BOPO), Financing Deposits To Ratio (FDR) ) on company value with case studies of Islamic banks listed on the IDX for the 2018-2020 period. This type of research is quantitative with an explanatory research approach. The dependent variable (Y) in this study is firm value and the independent variable (X) includes Capital Adequacy Ratio (CAR), Non Performing Financing (NPF), Return On Assets (ROA), Operating Expenses to Operating Income (BOPO), and Financing Deposit To Ratio (FDR). The type of data used in this study is secondary data derived from quarterly financial reports published by each Islamic bank listed on the IDX for the 2018-2020 period. The amount of data is 42 data obtained from 3 Islamic banks in a 3-year period. This study uses the data analysis method of multiple linear regression tests with the help of IBM Statistics SPSS 26.The research results show that the variables CAR, NPF, ROA BOPO, and FDR simultaneously have a significant effect on firm value (PBV). Partially, the CAR and FDR variables have a significant negative effect on firm value (PBV). While the NPF, ROA, and BOPO variables have no significant effect on firm value (PBV).

Influence Of The Loan-To-Deposit Ratio On The Return On Assets In Banking Companies Listed On The Indonesian Stock Exchange During The Period 2015-2019

In this study, the impact of the Loan to Deposit Ratio (LDR) on Return on Assets (ROA) in banks listed on the Indonesia Stock Exchange from 2015 to 2019 is to be examined. The information used in this study is secondary information. Three companies were collected as research samples after the sample was chosen using a purposive sampling technique from banking data obtained at the Indonesia Stock Exchange over a five-year period. Using documentation as a data collection tool. The traditional assumption test and the simple linear regression test are the analysis methods employed. The Pearson product moment correlation study indicates that the LDR and ROA have a positive and significant association, with a result of 0.748. While the results of simple linear regression analysis show a coefficient of determination (r2) of 0.560, this study's regression model can only account for 56% of the relationship between the independent variable LDR and the dependent variable ROA; the remaining 44% is determined by independent factors or variables unrelated to the study.

Exploring the Intrinsic Factors Influencing Return on Assets: A Case Study of the Hotel Industry in Selected EU Countries

Purpose: The main aim of this study was to determine the intrinsic factors (total equity, trade receivable turnover, working capital turnover, long term debt, current ratio, debt to total assets ratio, debt to equity ratio, net sales revenue trend, total operating revenue trend, shareholders' equity trend, cash to total assets, current liabilities to total liabilities) that influence the financial performance of the Hotel Industry in select Central and Eastern European Union countries. Return on Assets (ROA) was used in this study as measure of financial performance. Design/methodology/approach: The paper uses panel data fixed effects model to examine dependent variable ROA as measure of the financial performance of select Tourism and Leisure Industry companies from Central and Eastern EU member states. The intrinsic factors were applied as independent variables. The applied panel data fixed effects model in the study was utilised to determine the impact of the intrinsic factors on financial performance. The data were obtained from EMIS data base. Overall data encompassed 614 companies from select eight Central and Eastern EU member states for the period 2015-2022. Findings: The model performed in this study discovered that intrinsic factors including total equity, trade receivable turnover, current ratio, debt to total assets ratio, as well as cash to total assets had a significant impact on the ROA. Total equity, current ratio, cash to total assets have positive impact as opposed to the trade receivable turnover debt to total asset, while years 2020 and 2021 had negative impact on the ROA. Research limitations/implications: This study was limited just on the select eight central and eastern European Union countries; moreover, the database EMIS used for this study lacks certain variables that are frequently used in similar studies. Result confirmed the importance of intrinsic factors and their influence on the financial performance of the leisure industry. Originality/value: This study contributes to the existing body of theory on financial performance through research on the new practitioners’ perception of the intrinsic factors relative to financial performance. There are very few empirical studies which examine financial performance variables in the Central and Eastern European leisure industry. Consequently, this study aims to bridge the gap between the available literature and body of research.

The Influence of Fundamental and Macroeconomic Analysis on Stock Price

Investments that provide quite promising returns are stock investments. To see whether stocks can be profitable or not, simply investors often look in terms of changes in stock prices. The purpose of this study is to analyze the effect of fundamental and macroeconomic analysis on stock prices. Fundamental analysis is measured by return on assets (ROA), current ratio (CR), and debt to equity ratio (DER), while macroeconomic analysis is measured by inflation and interest rates. The data used in this study is secondary data in the form of company financial reports indexed by LQ45 for the 2018-2022 period. This study uses multiple linear regression analysis. The results showed that from the fundamental factors, the ROA variable had a positive and significant effect on the stock price of the LQ45 index. Meanwhile, the CR and DER variables don't affect the stock price of the LQ45 index. From macroeconomic factors, namely inflation and interest rates, they don't affect the stock price of the LQ45 index. Simultaneously the variables ROA, CR, DER, Inflation, and Interest Rates don't affect the stock price of the LQ45 index.

The Impact of ROA, ROE, and EPS on Indonesian Financial Sector Companies' Stock Prices

The purpose of this study was to examine the effects of Return On Assets (ROA), Return On Equity (ROE) and Earnings Per Share (EPS) on the share prices of financial sector companies listed on the Indonesian Sharia Stock Index (ISSI) between 2016 and 2020. Secondary data from the annual reports of each company was utilized for this analysis. The multiple linear regression method was employed to analyze the cross-sectional data, taking into account the variables ROA, ROE, and EPS. And the study's findings after analysis reveal that none of the variables, whether they are considered separately or together, have any impact on the stock prices of financial firms that are listed on the Indonesian Sharia Stock Index (ISSI).

Pengaruh Net Progit Margin (NPM), Return On Assets (ROA), Return On Equity (ROE) Terhadap Harga Saham Pada Perusahaan Food And Beverages Yang Terdaftar Di Bursa Efek Indonesia Periode 2019 - 2021

This research is to examine how stock prices are impacted by Net Profit Margin (NPM), Return on Assets (ROA), and Return on Equity (ROE). The information used in this research came from the industrial companies' annual published financial reports for the 2019–2021 period that were listed on the IDX. Using a total sample of 26 Food and Beverage companies, the sampling method is used. The statistical test with multiple regression method and the previously tried F and T tests for hypotheses are the analysis techniques that were used. According to the findings, for the years 2019 through 2021, NPM, ROA, and ROE all had a sizable impact on stock prices in industrial companies on the IDX. NPM does not significantly affect stock prices, at least not in a major way. Stock prices are unaffected by the ROA variable in a major way. Stock values are significantly negatively impacted by the ROE variable. According to this study's results, the coefficient of determination (R2) is equal to 0.310, which indicates that 31% of the Stock Price variable can be explained by the independent variables NPM, ROA, and ROE, while the remaining 69% is explained by other factors outside the equation.
 
 Keywords : NPM, ROA, ROE, and Stock Price

Influence Of Company Performance On Stock Return

The purpose of this study is to determine the effect of company performance on stock returns in the consumer goods sector for the period (2016-2020) and its review from an Islamic point of view. Company performance as proxied by variables ROA, CR, DER, TATO and PER. The research method used is quantitative research methods and uses secondary data. The sample used as many as 16 companies through purposive sampling method. The analytical method used is panel data regression analysis technique with a significant level of 5%. The results of this study indicate that: (1) Return on Assets (ROA) has a significant effect on stock returns (2) Current Ratio (CR) has no significant effect on stock returns (3) Debt To Equity Ratio (DER) has no significant effect on return stocks (4) Total Assets Turnover (TATO) has a significant effect on stock returns (5) Price Earnings Ratio (PER) has a significant effect on stock returns (6) ROA, CR, DER, TATO and PER simultaneously have a significant effect on stock returns.

Pengaruh ROA, NIM, dan BOPO terhadap Harga Saham Perbankan LQ20 di Bursa Efek Indonesia Periode 2016-2022 Menggunakan Analisis Data Panel

<em>This study aims to determine the effect of Return on Assets (ROA), Net Interest Margin (NIM), and Operating Expenses on Operating Income (OEOI) on the Share Price of banks in the LQ20 listed on the Indonesia Stock Exchange (IDX) during 2016 to 2022. The sample used in this study consisted of 4 banks in the LQ20 listed on the IDX. This study uses panel data obtained from Bank Indonesia reports and audited financial reports on banking companies listed on the IDX. By using the Common Effect Model with Eviews, the F-test result shows that the ROA, NIM, and BOPO variables simultaneously have a significant effect on the Stock Price. Based on the t-test results, the ROA has a positive effect on the Stock Price with a statistically strong level of significance. The NIM has a negative effect on Stock Price, while the BOPO has no effect on the Stock Price. The prediction of the three independent variables on Stock Price is 92.9%, while 37.1% remaining is influenced by other factors that are not included in the research model.</em>

Human Resources Disclosure in the Annual Reports: A Case of Romanian Listed Companies from the Medical and Pharmaceutical Industry

Abstract The main objective of this paper is to determine whether corporate characteristics reflecting financial performance, size, and information on internal and external audit, or performance management are determinants of human resources disclosure in the annual reports. In this paper, information from annual reports of six Romanian companies listed on the Bucharest Stock Exchange are collected for the years 2012-2021, using content analysis. The data was analyzed using descriptive statistics and correlation analysis. Moreover, the multiple linear regression is applied to cross-sectional panel data in order to determine the effects of human resources disclosure index in relation to return on assets (ROA), return on equity (ROE), leverage, number of employees, company size, company age, the existence of an Audit Committee, the auditor type and performance management. The results show that the age of the company and the existence of the Audit Committee are the most significant variables positively correlated with disclosure of human resources information. Furthermore, leverage is another significant variable, however, negatively associated with the level of company disclosure in the annual report. The variables ROA, ROE, number of employees, company size, type of auditor and performance management do not have a significant impact on human resources disclosure in the case of Romanian listed companies from the medical and pharmaceutical industry.

Pengaruh EPS, ROE, dan ROA terhadap Harga Saham Perusahaan Consumer Goods Periode 2015-2020

Prospective investors must do a financial ratio analysis to determine the best and most profitable investment decisions. In theory, the value of Earning Per Share (EPS), Return on Equity (ROE), and Return On Assets (ROA) increases and will increase stock prices. The identification results show that when the EPS, ROE, and ROA of consumer goods companies have increased EPS, ROE, ROA, and Stock Price, the stock prices of consumer goods companies have decreased. This shows that there needs to be more theory and data. Based on this, this study aims to examine and analyze the effect of EPS, ROE, and ROA on the stock price of Consumer Goods companies partially or simultaneously. This type of research is quantitative research using secondary data. There is also data collection using a documentation study. The data used in this study is in the form of annual reports of Consumer Goods companies listed on the Indonesia Stock Exchange (IDX) for the 2015-2020 period. The analytical method used is panel data regression analysis with the stages of panel data regression model estimation, panel data regression model selection, classical assumption test, and significance test; the software used is Eviews 9.0. The results of this study indicate that the EPS variable partially has a positive effect on stock prices. ROE variable partially does not affect stock prices. The ROA variable partially has a negative effect on the Stock Price. The EPS, ROE, and ROA variables simultaneously significantly affect the Stock Price. Adjusted R-squared has a value of 77.135%. This shows that EPS, ROE, and ROA in this study affect 77.135% of stock prices, while other variables outside this study influence 22.86%.

PENGARUH ROA, ROE DAN NPM TERHADAP HARGA SAHAM (STUDI PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BEI PADA MASA PENDEMI COVID 19 PERIODE 2019-2021)

The purpose of this study is to determine the effect of return on assets (ROA), return on equity (ROE), net profit margin (NPM) and on banking stock prices in Indonesia during 2019-2021. The population in this study are 33 banking companies listed on the Indonesia Stock Exchange (IDX) for 2019-2021. The sampling technique uses saturated sampling techniques so that 33 banking companies are obtained. The research method used in this study is a quantitative research method. Data analysis techniques were carried out using classical assumption tests which included normality tests, multicollinearity tests, heteroscedasticity tests and autocorrelation tests. While hypothesis testing is done by multiple regression analysis. The results of this study indicate that the ROA variable has a partial effect on stock prices as evidenced by a significant value of 0.013 <0.05. For the ROE variable, it has no partial effect on stock prices as evidenced by a significant value of 0.860 > 0.05. While the NPM variable has no partial effect on stock prices, it is proven that the significant value is 0.350 > 0.05. For the independent variables Return On Assets (ROA), Return On Equity (ROE) and Net Profit Margin (NPM) affect the dependent variable on stock prices by 9.9%. Simultaneously all ROA, ROE and NPM variables have a significant effect on stock prices.

Pengaruh Return on Asset (ROA) dan Earning Per Share (EPS) Terhadap Harga Saham (Studi pada Perusahan Sektor Perbankan yang Terdaftar di Bursa Efek Indonesia)

The purpose of this study is to empirically examine the effect of Return on Assets (ROA) and Earnings Per Share (EPS) on stock prices. The analytical tool used in this study was multiple linear regression. The total population of 29 companies or all banking sector companies listed on the IDX in 2016, sampling techniques using the purposive sampling method, which was sampled in this study were as many as 12 banking companies. The results showed that the variable ROA (X1) had a significant effect on Stock Price, while EPS (X2) did not have a significant effect on Stock Price