Pengaruh Curent Ratio dan Debt to Equity Ratio Terhadap Profitabilitas (Studi Pada PT Unilever Indonesia Tbk. Tahun 2012 - 2020)
DOI:
10.29303/alexandria.v6i1.821Published:
2025-04-30Issue:
Vol. 6 No. 1 (2025): AprilKeywords:
Current Ratio, Debt to Equity Ratio, Return on Assets (ROA)Articles
Downloads
How to Cite
Metrics
Abstract
This study aims to determine the effect of the Current Ratio and Debt to Equity Ratio on profitability in Fast Moving Consumer Goods (FMCG) companies, specifically PT Unilever Indonesia Tbk., listed on the Indonesia Stock Exchange (IDX) for the 2012–2020 period. The sampling technique used is purposive sampling, and the data employed are secondary data. The analysis methods include classical assumption tests, autocorrelation tests, multicollinearity tests, heteroscedasticity tests, multiple linear regression analysis, hypothesis testing, and determination coefficient testing using SPSS version 26.0 and Microsoft Excel 2019 with the stepwise method. The study results indicate that the Current Ratio and Debt to Equity Ratio have no significant effect on the company's profitability.
References
Chandra, A., Yanti, G., & Wahyuni Megasari, S. (2018). Analisis Daya Dukung Pondasi Bored Pile pada Proyek Pembangunan Menara Listrik Transmisi 500 KV Peranap-Perawang. Jurnal Teknik, 12(2), 171-178.
Farrukh, M., & Waheed, A. (2015). Learning organization and competitive advantage-An integrated approach. Journal of Asian Business Strategy, 5(4), 73.
James C. Van Horne, John M. Wachowicz, Jr. Prinsip-prinsip Manajemen Keuangan. Edisi 13 Buku 2. Jakarta: Salemba Empat, 2013.
Kasmir. (2018). Analisis Laporan Keuangan. Raja Grafindo Persada.
Kasmir. (2019). Analisis Laporan Keuangan. Ratih, P., Sari, P., Agung, A., & Bagus, N. (2019). Pengaruh Current Ratio dan Debt to Equity Ratio Terhadap Profitabilitas dengan Intellectual Capital Sebagai Pemoderasi. 26, 851–880.
Negasa, T., Ketema, H., Legesse, A., Sisay, M., & Temesgen, H. (2017). Variation in soil properties under different land use types managed by smallholder farmers along the toposequence in southern Ethiopia. Geoderma, 290, 40-50.
Pramesti, D., Wijayanti, A., & Nurlaela, S. (2016). Pengaruh Rasio Likuiditas, Leverage, Aktivitas Dan Firm Size Terhadap Profitabilitas Perusahaan Sub Sektor Otomotif Dan Komponen Di Bursa Efek Indonesia. In Seminar Nasional IENACO (pp. 810-817).
R. Agus Sartono. 2010. “Manajemen Keuangan Teori dan Aplikasi”. Edisi keempat. Yogyakarta
Salvatore, Dominick. 2005. Ekonomi Manajerial dalam Perekonomian Global. Jakarta: Salemba Empat.
Tan, M., & Hadi, S. (2020). Pengaruh CR, DER, TATO, dan ukuran perusahaan terhadap profitabilitas pada perusahaan farmasi yang terdaftar di BEI. Kurs: Jurnal Akuntansi, Kewirausahaan Dan Bisnis, 5(1), 58-69.
Author Biographies
Ni Luh Putu Widyani Puspitawati, Universitas Mataram
Ratna Utami Widya Astuty, Universitas Mataram
Davit Saputra, Universitas Mataram
Pena Riadien, Universitas Mataram
Angelina Frebiana Joe, Universitas Mataram
Embun Suryani, Universitas Mataram
License
Copyright (c) 2025 Ni Luh Putu Widyani Puspitawati, Ratna Utami Widya Astuty, Davit Saputra, Pena Riadien, Angelina Frebiana Joe, Embun Suryani

This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with ALEXANDRIA (Journal of Economics, Business, Tourism, and Entrepreneurship), agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution 4.0 International License. This license allows authors to use all articles, data sets, graphics and appendices in data mining applications, search engines, web sites, blogs, and other platforms by providing an appropriate reference. The journal allows the author(s) to hold the copyright without restrictions and will retain publishing rights without restrictions.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in ALEXANDRIA (Journal of Economics, Tourism, Hospitality, and Entrepreneurship).
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).