THE INFLUENCE OF TOTAL ASSETS TURNOVER, CURRENT RATIO AND WORKING CAPITAL ON PROFITABILITY IN PT. ASTRA AGRO SUSTAINABLE

Authors

  • Irawati Indonesia School of Economics (STIESIA), Surabaya, Indonesia
  • Augustedi Universitas Muhammaddiyah Riau, Pekanbaru, Indonesia

Abstract

This study aims to determine the effect of Total Assets Turnover, Current Ratio and Working Capital on the profitability of PT. Astra Agro Lestari (Persero). The researcher uses a quantitative approach, the analytical tool used is SPSS 21. This type of research uses secondary data. The analysis technique used in this study is multiple linear regression and Simultaneous hypothesis testing (F test) where Total Asset Turnover, Current Ratio and Working Capital simultaneously have no effect on Profitability. Then the partial hypothesis test (t test) where Total Asset Turnover has no effect on Profitability, Current Ratio has no effect on Profitability and Working Capital also has no effect on profitability. Then the relationship between Total Assets Turnover, Current Ratio and Working Capital to Profitability is very strong.

 

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Published

2022-03-25

How to Cite

Irawati, I., & Augustedi, A. (2022). THE INFLUENCE OF TOTAL ASSETS TURNOVER, CURRENT RATIO AND WORKING CAPITAL ON PROFITABILITY IN PT. ASTRA AGRO SUSTAINABLE . International Conference of Business and Social Sciences, 2(1), 772–781. Retrieved from https://ojsicobuss.stiesia.ac.id/index.php/icobuss1st/article/view/238