MEASUREMENT OF RETURN ON ASSETS THROUGH DEBT TO EQUITY RATIO, WORKING CAPITAL TURN OVER, FIRM SIZE, AND NET PROFIT MARGIN DURING THE COVID – 19 PANDEMIC CASE STUDIES IN COMPANIES LISTED AT LQ 45 ON THE INDONESIA STOCK EXCHANGE
This study aims to determine the effect of Debt to Equity Ratio, Working Capital Turn Over, Firm Size, and Net Profit Margin on Return on Assets in LQ 45 companies listed on the Indonesia Stock Exchange for the period 2016 -2021. The population of this study is LQ 45 companies listed on the Indonesia Stock Exchange for the period 2016 – 2021. The sample of this research is 102 samples according to the criteria taken as samples. The data analysis technique in this study used multiple linear regression analysis. The results of this study indicate that the Debt to Equity Ratio has a negative and significant effect on Return on Assets, Working Capital Turn Over, and Firm Size has a negative and insignificant effect on Return on Assets. In contrast, the Net Profit Margin positively and significantly affects the Return on Assets. Debt to Equity Ratio, Working Capital Turn Over, Firm Size, and Net Profit Margin simultaneously significantly affect Return on Assets in LQ 45 companies listed on the Indonesia Stock Exchange for the period 2016 – 2021.
Debt to Equity Ratio, Working Capital Turn Over, Firm Size, Net Profit Margin, and Return on Assets.