THE INFLUENCE OF DEBT ASSET RATIO (DAR), DEBT EQUITY RATIO (DER), ON RETURN ON EQUITY RATIO (ROE) AND PRICE EARNING RATIO (PER) IN FOOD & BEVERAGES COMPANIES LISTED IN INDONESIA STOCK EXCHANGE IN 2016 - 2018
Abstract
In Indonesia, food and beverage companies are growing very rapidly and are a fairly large industry group in Indonesia. As the population grows, the volume of needs for consumption also increases. This study aims to determine the effect of Debt to Equity Ratio, Debt to Asset Ratio, Return on Equity to Price Earning Ratio in Food and Beverage companies listed on the Indonesia Stock Exchange (BEI) for the period 206 - 2018. This type of research is quantitative research. The population in this study were 13 Food and Beverage companies listed on the Indonesia Stock Exchange (IDX) in 2016-2018. Sampling in this study using purposive sampling method. Of the criteria set, 11 companies were selected in one year, so that the total sample over the three years of the study was 33. The research methodology used is the method of multiple linear regression analysis and path analysis. Hypothesis testing by looking at the value of Fcount and t-value in the regression test. The results of this study indicate that the regression coefficient t test (partial) ROE variable has a positive effect on PER, the DER variable has a negative effect on PER, while the DAR variable has no effect on PER. F test (simultaneous) variable DER, DAR, and ROE has a positive effect on PERReferences
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