Factors That Affect the Financial Performance of the Manufacturing Companies Listed on The Indonesia Stock Exchange
Abstrak
This study examined the influence of Current Ratio, Debt To Equity Ratio, andTotal Asset Turnover against the financial performance of the company stated in
the Return On Assets on the manufacturing companies listed on the indonesia stock
exchange. Sample from this research is as much as 84 manufacturing companies
listed on the indonesia stock exchange. Types of data used are secondary data that
comes from the Indonesia Capital Market Directory (ICMD). Results descriptive
statistics showed that an increase in the company's financial performance, which if
viewed from the perameternya the company's financial performance more done
parameter Current ratio. Based on the correlation analysis shows the Current
Ratio effect significantly to Return On Assets, Debt To Equity Ratio was not
significant effect against the Return On assets, and Total Asset Turnover effect
significantly to Return On Assets. Based on regression analysis, we find that
variable Current Ratio, Debt To Equity Ratio, and Total Asset Turnover effect
significantly to the financial performance of the company stated in the Return On
Assets.
Keywords: Company Financial Performance, Return On Asset, Current Ratio, Debt to
Equity Ratio, Total Asset Turnover