The Effect of Financial Leverage to the Profitability at Sub- Sectors of Food and Beverage Companies Listed on Indonesia Stock Exchange in 2010-2014

Abstract

ABSTRAKPenelitian ini bertujuan untuk mengetahui pengaruh financial levarage terhadap profitabilitas pada perusahaan sub sektor makanan dan minuman yang terdaftar di Bursa Efek Indonesia periode 2010-2014 baik secara simultan maupun secara parsial. Financial leverage dapat dilihat melalui debt ratio dan debt to equity ratio, sedangkan profitabilitas dapat dilihat melalui return on equity.Hasil penelitian menunjukkan bahwa secara simultan kedua variabel independen, yaitu debt ratio dan debt to equity ratio secara bersama-sama berpengaruh terhadap profitabilitas. Untuk pengaruh secara parsial, hasil penelitian menunjukkan bahwa debt ratio tidak berpengaruh positif terhadap profitabilitas, sedangkan debt to equity ratio berpengaruh positif terhadap profitabilitas.Kata kunci : financial leverage, debt ratio, debt to equity ratio, profitabilitas, return on equity.

Analisis Cash Ratio, Debt to Equity Ratio, and Sales Growth on Company Value for Food and Beverage Companies During the 2015-2021 Period

“…Financial Ratios are useful for knowing the picture or forecast of growth or changes in the financial condition of the company, so that it can evaluate what has been produced in the past and in the ongoing period (Ifada and Puspitasari, 2016). Financial indicators related to this study are the ratio of total asset turnover, return on investment, and rate of return on profit.…”