Analisis Pengaruh Capital Adequancy Ratio, Debt to Equity Ratio, Loan to Deposit Ratio, dan Earning Per Share Terhadap Return On Asset

Abstract

Financial ratios are a reflection of the company's performance which consists of several ratios which are indicators of the bank's financial performance. The ratio consists of the Capital Adequacy Ratio, Debt to Equity Ratio, Loan to Deposit Ratio, and Earning per share. In this study, the data used is secondary data in the form of time series data for all variables, namely Return On Assets (ROA) and data on financial ratios of each banking company, namely Capital Adequacy Ratio (CAR), Debt to Equity Ratio (DER), Loan to Deposit Ratio (LDR), and Earning Per Share (EPS) listed on the Indonesia Stock Exchange. This secondary data was obtained by observing the shares registered during the observation from 2014-2017 with a total sample of 20 banks listed on the IDX, through the purposive sampling method. The results of the study the coefficient of determination (R²) of 0.618 multiple correlation coefficient (R) of 0.786 indicates that the contribution given by the independent variables is Capital Adequacy Ratio, Debt To Equity Ratio, Loan To Deposit Ratio and Earning Per Share on return on assets of 61.8%, while the rest amounted to 38.2% influenced by other independent variables that were not examined. Partially, the Capital Adequacy Ratio variable has no significant effect on the Return On Assets of banking companies on the Indonesia Stock Exchange. This study indicates that any changes in the company's capital adequacy ratio have no significant effect on the amount of Return On Assets generated by the company