EFFECT OF TOTAL ASSET TURN OVER (TATO), DER AND ROA ON RETURN STOCKIN BANKING COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE

  • MUHAMMAD FAUZAN UNIVERSITAS ISLAM INDRAGIRI
  • NOFRI YOGI UNIVERSITAS ISLAM INDRAGIRI
Keywords: Total Asset Turn Over (TATO), Debt To Equity Ratio (DER), Return On Assets (ROA), Stock Return.

Abstract

This study aims to determine the effect of Total Asset Turn Over (TATO), Debt
To Equity Ratio (DER) and Return On Assets (ROA) to Stock Returns in Banking
Companies Listed on the Indonesia Stock Exchange. The variables used consist of
independent variables and dependent variables. The independent variables are Total
Asset Turn Over (TATO), Debt To Equity Ratio and Return On Assets (ROA) and the
dependent variable is Stock Return.
The location of this research was conducted on banking companies listed on the
Indonesia Stock Exchange. The type of data used is quantitative and qualitative, and
the source of the data used is secondary data. The population used is banks listed on
the Indonesia Stock Exchange, while the sample is the financial statements of banking
companies listed on the Indonesia Stock Exchange as many as 17 companies and for 3
years, data collection techniques are through library research and documentation. The
data analysis used is through SPSS test tools including classical assumption test,
multiple linear regression test and hypothesis testing.
From the research results obtained multiple linear regression equation, namely:
Y=3.220 + 0.352 X1 + 0.391 X2 + 0.373 X3. The determinant coefficient test (R
Square) is 0.772, this indicates that Stock Return is influenced by Total Asset Turn
Over (TATO), Debt To Equity Ratio and Return On Assets of 77.2% while the remaining
22.8% is influenced by other variables. not mentioned in this study. Partial Test that
Total Assets Turn Over, Debt To Equity Ratio and Return On Assets have a partial
influence on Stock Returns in Banking Companies Listed on the Indonesia Stock
Exchange. Simultaneous test obtained the calculated F value of 52.899 > F table of
2.80 so that Total Asset Turn Over, Debt To Equity Ratio and Return On Assets have a
simultaneous effect on Stock Return in Banking Companies Listed on the Indonesia
Stock Exchange.

Published
2021-06-25
Section
Articles
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