The Influence of Current Ratio and Debt to Asset Ratio on Return on Assets at PT Adhi Karya TBK for the 2010-2022 Period

This research aims to analyze and determine the influence of the Current Ratio and Debt to debt-to-asset ratio on the Return on Assets at PT Adhi Karya Tbk during the 2010-2022 period. The research method used is descriptive with a quantitative approach. The data used in this research is secondary data obtained from the annual financial report of PT Adhi Karya Tbk which is listed on the Indonesia Stock Exchange. Data analysis was carried out using the SPSS 25. This research concludes that the Current Ratio significantly influences the Return on Assets, while the Debt to debt-to-asset ratio does not have a partially significant influence on the Return on Assets at PT Adhi Karya TBK. However, simultaneously, these two independent variables have a substantial effect on Return on Assets. So these findings provide important insights for the management of PT Adhi Karya TBK in managing liquidity and debt structure to increase company profitability.

Authors

Institutions

Publication Details

Journal
Indonesian Financial Review
Published
2025-03-08
DOI
https://doi.org/10.55538/ifr.v4i2.41
Primary Topic
Financial Analysis and Corporate Governance
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

The Influence of Current Ratio and Debt to Asset Ratio on Return on Assets at PT Adhi Karya TBK for the 2010-2022 Period

Ariodillah Hidayat
Indonesian Financial Review
Financial Analysis and Corporate Governance
article

The Influence of Current Ratio and Debt to Asset Ratio on Return on Assets at PT Adhi Karya TBK for the 2010-2022 Period

Ariodillah Hidayat
article en

Abstract

This research aims to analyze and determine the influence of the Current Ratio and Debt to debt-to-asset ratio on the Return on Assets at PT Adhi Karya Tbk during the 2010-2022 period. The research method used is descriptive with a quantitative approach. The data used in this research is secondary data obtained from the annual financial report of PT Adhi Karya Tbk which is listed on the Indonesia Stock Exchange. Data analysis was carried out using the SPSS 25. This research concludes that the Current Ratio significantly influences the Return on Assets, while the Debt to debt-to-asset ratio does not have a partially significant influence on the Return on Assets at PT Adhi Karya TBK. However, simultaneously, these two independent variables have a substantial effect on Return on Assets. So these findings provide important insights for the management of PT Adhi Karya TBK in managing liquidity and debt structure to increase company profitability.

Indonesian Financial ReviewVol. 4(2)
Universitas Pamulang (ID)
Openalex Percentile: Top 94%
Financial Analysis and Corporate Governance
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

The Influence of Current Ratio and Debt to Asset Ratio on Return on Assets at PT Adhi Karya TBK for the 2010-2022 Period — Ariodillah Hidayat · Indonesian Financial Review (2025) | TGRS Research Map | TGRS