PENGARUH TOTAL ASSET TURNOVER (TATO), FIRM SIZE DAN DEBT TO EQUITY RATIO (DER) TERHADAP PROFITABILITAS PERUSAHAAN PADA PT. PANCA GLOBAL KAPITAL TBK PERIODE 2010-2024
DOI:
https://doi.org/10.35446/dayasaing.v12i2.2873Keywords:
Total Asset Turnover (TATO), Firm Size, Debt to Equity Ratio (DER), ProfitabilityAbstract
This study aims to analyze the influence of Total Asset Turnover (TATO), Firm Size, and Debt to Equity (DER) on corporate profitability, as measured by Return on Asset (ROA), at PT Panca Global Kapital Tbk for the period 2010-2024. The research is grounded in profitability theory and financial ratio analysis, which posits that asset management efficiency, firm scale, and capital structure can affect a company’s ability to generate profits. The methodological approach employed is quantitative, characterized by descriptive and verificative elements. Secondary data in the form of the company’s annual financial reports, sourced from the official company website, were utilized. Data analysis was conducted using classical assumption test, multiple linear regression, coefficient of determination test, t–test, f-test, facilitated by IBM SPSS Statistic 27 software. The findings indicate that TATO and Firm Size exert a positive and significant influence on ROA. Simultaneosly, the three independent variables significantly influence corporate profitability, with a coefficient and firm value of 98%. This study concludes that asset management efficiency and firm scale constitute key factors in enhancing corporate profitability.
References
Adilah, & Facruddin, W. (2025). Pengaruh Current Ratio, Debt To Equity Ratio, Dan Total Assets Turnover Terhadap Profitabilitas (Return On Assets) Pada Perusahaan Sektor Tambang Batu Bara Yang Terdaftar Di Bursa Efek Indonesia (Bei). JUMANSI : Jurnal Ilmiah Manajemen Dan Akuntansi Medan , 7(2), 683–691. https://jurnal.itscience.org/index.php/jumansi
Aeraafi, H. M., & Hartono, U. (2024). Pengaruh rasio likuiditas, leverage, rasio aktivitas, dan firm size terhadap profitabilitas. Jurnal Ilmu Manajemen , 12(1), 1–14.
Fauji, & Hakip Nurdiansyah, D. (2025). TERHADAP NILAI PERUSAHAAN (Studi Kasus pada Perusahaan Sub Sektor Industri Media yang Terdaftar di Bursa Efek Indonesia Periode 2021-2024). Jurnal Kajian Akuntansi Dan Auditing , 21(1), 85–96.
Ghozali, I. (2016). Aplikasi Analisis Multivariete Dengan Program IBM SPSS 23 (8th ed.). Badan Penerbit Universitas Diponegoro.
Harahap, A. F., Maidalena, & Sugianto. (2025). Pengaruh Current Ratio (Cr), Debt To Equity Ratio (Der) Dan Total Asset Turnover (Tato) Terhadap Return On Assets (Roa) Pada Pt Cisadane Sawit Raya Tbk Periode 2019-2024. Jurnal Manajemen Terapan Dan Keuangan (Mankeu), 14(4), 1674–1686.
Ikbal, M., & Wartono, T. (2025). Pengaruh Total Asset Turnover (Tato) Dan Current Ratio (Cr) Terhadap Return On Assets (ROA) (Studi kasus PT Industri Jamu dan Farmasi Sido Muncul Tbk. Tahun 2015-2024). RIGGS: Journal of Artificial Intelligence and Digital Business, 4(3), 3694–3705. https://doi.org/10.31004/riggs.v4i3.2539
Mesrawati, Sihombing, C., & Samjaya, E. (2019). Pengaruh Firmsize, Debt To Equity (Der), Dan Aktivitas (Tato) Terhadap Profitabilitas Perusahaan Subsektor Property Dan Real Estate Yang Terdaftar Di Bursa Efek Indonesia Periode 2013-2017. Jurnal Riset Akuntansi Going Concern, 14(1), 205–213.
Oktavira, R., & Mudjijah, S. (2023). Pengaruh Current Ratio, Debt To Equity Ratio, Total Asset Turnover, Dan Firm Size Terhadap Profitabilitas (Pada Perusahaan Sub Sektor Tekstil Dan Garmen yang Terdaftar pada BEI Periode 2015-2020). Oikos: Jurnal Kajian Pendidikan Ekonomi Dan Ilmu Ekonomi, 7(1), 62–71.
Sri Fatimah, M. Rimawan, & Hanifah Muthiah. (2025). Pengaruh Current Ratio, Debt to Asset Ratio, dan Total Asset Turnover Terhadap Return On Assets pada Perusahaan Subsektor Rokok yang Terdaftar di Bursa Efek Indonesia. Jurnal Ilmiah Manajemen, Bisnis Dan Kewirausahaan, 5(3), 415–425. https://doi.org/10.55606/jurimbik.v5i3.1370
Wanisih, N. H., Suhendro, & S, C. Y. (2021). Pengaruh Firm Size, Current Ratio, Financial Leverage, Total Asset Turnover Terhadap Profitabilitas. Jae: Jurnal Akuntansi Dan Ekonomi , 6(1), 56–65. https://doi.org/10.29407/jae.v6i1.14076
