Pengaruh inventory performance, solvabilitas dan capital intensity terhadap profitabilitas perusahaan sektor industri makanan dan minuman
K inerja keuangan atau profitabilitas merupakan ukuran yang dapat digunakanuntuk menilai keadaan perusahaan. Profitabilitas perusahaan dapat diukurmenggunakan rasio return on asset (ROA) dan return on equity (ROE). Haltersebut dikarenakan melalui kedua rasio tersebut dapat menggambarkan seberapaprofit perusahaan jika dinilai dari aset dan modal yang dimiliki. Penelitian inidilakukan untuk mengetahui apakah terdapat pengaruh antara variabel inventoryturnover, financial leverage ratio serta capital intensity ratio terhadapprofitabilitas perusahaan yang diukur menggunakan return on assets (ROA) danreturn on equity (ROE). Data yang digunakan yaitu laporan keuangan yangditerbitkan melalui website Bursa Efek Indonesia serta website resmi perusahaan.Sampel pada penelitian sebanyak 120 sampel yang berasal dari laporan keuangan24 perusahaan sektor industri makanan dan minuman yang terdaftar di Bursa EfekIndonesia selama periode 2017-2021. Metode analisis yang digunakan dalampenelitian ini adalah analisis regresi berganda. Hasil penelitian pada model 1menunjukkan inventory turnover berpengaruh positif terhadap return on assets(ROA), sedangkan financial leverage ratio dan capital intensity ratio berpengaruhnegatif terhadap return on assets (ROA). Dari hasil penelitian model 2menunjukkan inventory turnover berpengaruh negatif terhadap return on equity(ROE), sedangkan financial leverage ratio dan capital intensity ratio berpengaruhpositif terhadap return on equity (ROE).
F inancial performance or profitability is a measure that can be used to assess thecondition of a company. The profitability of the company can be measured usingthe ratio of return on asset (ROA) and return on equity. (ROE). This is becausethese two ratios can describe how much profit the company is valued from theassets and capital it owns. The research was conducted to find out whether thereis an impact between the variable inventory turnover, financial leverage ratio andcapital intensity ratio on the profitability of the company measured using returnon assets (ROA) and return on equity. (ROE). The data used is the financialreport published through the website of Bursa Efek Indonesia and the officialwebsite of the company. A sample of 120 samples from the financial statements of24 companies in the food and beverage industry that were listed on theIndonesian Stock Exchange during the period 2017-2021. The analysis methodsused in this study are double regression analysis. Research results in Model 1show that inventory turnover has a positive effect on return on assets (ROA),while financial leverage ratio and capital intensity ratio have a negative effect onreturns on assets (ROA). Model 2 shows that inventory turnover has a negativeimpact on return on equity (ROE), while the financial leverage ratio and capitalintensity ratio have a positive effect on return on equity (ROE).