Conference Universitas Siliwangi
International Seminar and Conference on Management, Research, and Transformation (I-SMART)

The Effect of Debt to Equity Ratio (DER), Current Assets (CR), And Inventory Turnover (ITO) on Return on Assets (ROA) at PT. Unilever Indonesia Tbk.

Date Published : 12 October 2026

Contributors

Novani Indah Triana Novani Indah Triana

Universitas Siliwangi
Author

Rofatul Hasanah Rofatul Hasanah

Universitas Siliwangi
Author

Febi Hanifah Febi Hanifah

Universitas Siliwangi
Author

Su'ainil Hayati

Universitas Siliwangi
Corresponding Author

Ayi Anisa

Universitas Siliwangi
Author

Keywords

debt to equity ratio current assets inventory turnover return on assets

Proceeding

Vol. 1 (2025): International Seminar and Conference on Management, Research, and Transformation (I-SMART 1.0)

Track

General Track

License

Copyright (c) 2026 International Seminar and Conference on Management, Research, and Transformation (I-SMART)

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstract

This study aims to determine and analyze the effect of Debt to Equity Ratio (DER), Current Ratio (CR), and Inventory Turnover (ITO) on Return on Assets (ROA) at PT. Unilever Indonesia Tbk. for the period 2015-2024, both simultaneously and partially. The research method used is quantitative method with secondary data in the form of annual financial reports published on the Indonesia Stock Exchange (IDX). The analysis techniques used include classical assumption test, multiple linear regression analysis, coefficient of determination, simultaneous test (F), and partial test (t) with the help of SPSS 27. The results showed that simultaneously DER, CR, and ITO had a significant effect on ROA, but partially the three variables had no significant effect on ROA. Thus, this study confirms that the influence of financial factors on the profitability of PT. Unilever Indonesia Tbk. is more visible when tested together, while individually each variable has not shown a significant contribution

References

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How to Cite

Novani Indah Triana, N. I. T., Rofatul Hasanah, R. H., Febi Hanifah, F. H., & Ayi Anisa, A. A. (2026). The Effect of Debt to Equity Ratio (DER), Current Assets (CR), And Inventory Turnover (ITO) on Return on Assets (ROA) at PT. Unilever Indonesia Tbk. (S. H. Su’ainil Hayati, Trans.). International Seminar and Conference on Management, Research, and Transformation (I-SMART), 1, 891-900. https://conference.unsil.ac.id/ismart/paper/view/43