Pengaruh Total Asset Turnover terhadap Return on Equity pada Perusahaan Makanan dan Minuman yang terdaftar di BEI tahun 2023

Authors

  • Irma Kristin Sagala Universitas Katolik Parahyangan
  • Claudia Aurora Sembiring Universitas Katolik Parahyangan
  • Elizabeth Tiur Manurung Universitas Katolik Parahyangan

DOI:

https://doi.org/10.32585/jbfe.v6i1.6753

Keywords:

Total Asset Turnover, Return on Equity, Food and Beverage Sector, IDX, Financial Performance

Abstract

This study aims to evaluate the effect of Total Asset Turnover (TATO) on Return on Equity (ROE) in food and beverage companies listed on the Indonesia Stock Exchange (IDX) during 2023. This study uses a quantitative approach with purposive sampling, resulting in 64 companies as the sample. The data analyzed is sourced from secondary financial reports available on the IDX official website. The analysis was conducted using simple linear regression with SPSS software. The results of the study indicate that TATO has a significant and positive effect on ROE. This means that the more efficiently a company manages its assets, the greater the profits that shareholders can obtain. These findings can be used as managerial considerations in optimizing asset utilization to drive better financial performance.

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References

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Published

2025-06-03

How to Cite

Irma Kristin Sagala, Claudia Aurora Sembiring, & Elizabeth Tiur Manurung. (2025). Pengaruh Total Asset Turnover terhadap Return on Equity pada Perusahaan Makanan dan Minuman yang terdaftar di BEI tahun 2023. Journal of Business, Finance, and Economics (JBFE), 6(1), 313–323. https://doi.org/10.32585/jbfe.v6i1.6753

Issue

Vol. 6 No. 1 (2025): Juni : Journal Of Business, Finance, and Economics (JBFE)

Section

Publication Ethics

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