The Influence of Current Ratio and Debt to Asset Ratio on Return on Assets at PT Selaras Aditama

Ilham Ilham(1*),

(1) Sekolah Tinggi Ilmu Ekonomi YPN Karawang
(*) Corresponding Author




DOI: https://doi.org/10.26858/ja.v6i2.13556

Abstract


This study aims to determine the effect of current ratio and debt to asset ratio on return on assets at PT Seelaras Aditama. The method used was explanatory research with a sample of 85 respondents. The analysis technique uses statistical analysis with regression testing, correlation, determination and hypothesis testing. The results of this study current ratio have a significant effect on return on assets by 7.3%, the hypothesis test obtained a significance of 0,000 <0.05. Debt to asset ratio has a significant effect on return on assets of 55.1%, the hypothesis test obtained a significance of 0,000 <0.05. Current ratio and debt to asset ratio simultaneously have a significant effect on return on assets by 96.7%, hypothesis testing obtained significance of 0,000 <0.05.


Keywords


Current ratio; debt to asset ratio; return on asset

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