Debt to Assets Ratio and Management Asset on Financial Performance: an Evidence of Chemical Companies in Indonesia Stock Exchange

Autor:	Harlyn L Siagian, Dolly Parlindungan Pardosi
Rok vydání:	2021
Předmět:	education.field_of_study Return on assets media_common.quotation_subject Population Monetary economics Inventory turnover Stock exchange Debt Debt ratio Business Asset (economics) Proxy (statistics) education media_common
Zdroj:	Ekonomis: Journal of Economics and Business. 5:417
ISSN:	2597-8829 2015-2019
DOI:	10.33087/ekonomis.v5i2.387
Popis:	This study aims to analyze the effect of Debt to Asset Ratio and Management Asset on Financial Performance in chemical companies listed on the Indonesia Stock Exchange. The population used in this study are chemical companies listed on the Indonesia Stock Exchange. The sample used in this study was 9 companies in 2015-2019, so that 36 research samples were obtained. In this study, Management Asset is measured using the Inventory Turnover proxy and Financial Performance using the Return on Assets proxy. Based on research, simultaneously, Debt to Asset Ratio and Management Asset have a significant effect on Financial Performance. While partially the Debt to Asset Ratio has an influence on the Return on Asset and Management Asset has no effect on the Return on Asset. Debt to Assets and Inventory Turnover ratios contributed 53.8% to Return on Asset.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::9a44dda90d0e80f457bff8287dd74d9a https://doi.org/10.33087/ekonomis.v5i2.387 Zobrazit plný text záznamu