ABSTRAK
Nanda Windi Hapsari. NIM 2020150071. Pengaruh Debt to Equity Ratio Dan Debt to Asset
Ratio Terhadap Retrun On Equity Pada Perusahaan Subsektor Makanan Dan Minuman Yang
Terdaftar Di Bursa Efek Indonesia (BEI) Periode 2018-2022. Dibawah bimbingan: Ani Siska
MY, SH, M.S.M, MM.
Tujuan utama dari suatu perusahaan adalah profitabilitas, namun terdapat beberapa hal yang
dapat mempengaruhi profitabilitas tersebut salah satunya adalah hutang. Pemilihan hutang
sebagai sumber pendanaan memiliki resiko yang cukup tinggi sehingga keputusan pemilihan
struktur modal yang efektif sangat berpengaruh dalam mengurangi resiko yang bisa terjadi.
Dalam penelitian ini profitabilitas diukur dengan menggunakan rasio Return On Equity.
Sedangkan Debt to Equity Ratio dan Debt to Asset Ratio merupakan variabel yang digunakan
untuk mengukur rasio hutang dan melihat seberapa besar pengaruhnya terhadap Return On
Equity. Populasi dalam penelitian ini yaitu perusahaan subsektor makanan dan minuman
yang terdaftar di Bursa Efek Indonesia (BEI) periode 2018-2022. Metode dalam penilitian
ini dilakukan dengan menggunakan analisis regresi data panel dengan pengolahan data
menggunakan Eviews 12 dan pengambilan sampel dilakukan dengan menggunakan metode
purposive sampling. Hasil Uji t menunjukan bahwa secara parsial Debt to Equity Ratio tidak
berpengaruh signifikan terhadap Return On Equity namun secara parsial Debt to Asset Ratio
berpengaruh signifikan terhadap Return On Equity. Dari hasil Uji F diketahui bahwa secara
simultan Debt to Equity Ratio dan Debt to Asset Ratio berpengaruh signifikan terhadap
Return On Equity.
Kata Kunci : Debt to Equity Ratio, Debt to Asset Ratio, Return On Equity
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ABSTRACT
Nanda Windi Hapsari. NIM 2020150071. The Influence of Debt to Equity Ratio and Debt to
Asset Ratio on Return on Equity in Food and Beverage Sub Sector Companies Listed on the
Indonesia Stock Exchange in 2018-2022. Under the guidance of: Ani Siska MY,
SH,M.S.M,MM.
The main goal of a company is profitability, but there are several things that can affect
profitability, one of which is debt. Choosing debt as a source of funding carries quite a high
risk so that the decision to choose an effective capital structure is very influential in reducing
the risks that could occur. In this research profitability is measured using the Return On
Equity ratio. Meanwhile, the Debt to Equity Ratio and Debt to Asset Ratio are variables used
to measure the debt ratio and see how much influence it has on Return On Equity. The
research was conducted. The population in this study was food and beverage sub sector
companies listed on the Indonesia Stock Exchange in 2018-2022. The method in this research
was carried out using panel data regression analysis with data processing using Eviews 12
and sampling was carried out using the purposive sampling method. The results of the t test
show that partially the Debt to Equity Ratio has no significant effect on Return On Equity,
but partially the Debt to Asset Ratio has a significant effect on Return On Equity. From the
results of the F Test, it is known that simultaneously Debt to Equity Ratio and Debt to Asset
Ratio have a significant effect on Return On Equity.
Keywords: Debt to Equity Ratio, Debt to Asset Ratio, Return On Equity
