PENGARUH HUTANG DAN MODAL SENDIRI TERHADAP PROFITABILITAS

Abstract

This research is meant to find out the influence of debt and own capital to the profitability which is measured by return on assets (ROA) on PT Holcim Indonesia Tbk which is listed in Indonesia Stock Exchange.This research does not use sample because this research is a case study so the data is only one company i.e. PT Holcim Indonesia Tbk in the form of quarter financial statements in 2007-2014 periods which have been published by Indonesia Stock Exchange (http://www.idx.co.id) whereas the data analysis technique has been done by using multiple linear regression analysis in which the independent variables consist of short term debt, long term debt, own capital, and profitability which is measured by using return on assets (ROA) as the dependent variable.Based on the result of F test, it shows that short term debt, long term debt, and own capital simultaneously have an influence to the profitability (ROA). Based on the result of t test, it shows that long term debt variable and own capital variable has an influence to the profitability whereas the short term debt variable does not have any influence to the profitability. Based on the result of partial determination coefficient test (r2), it shows that the long term debt has dominant influence to the profitability (ROA) since its partial determination coefficient value is the largest among independent variables.
Keywords:Financial Statement, debt, Capital, and Profitability