pengaruh total asset turnover, debt to equity ratio,...

PENGARUH TOTAL ASSET TURNOVER, DEBT TO EQUITY

RATIO, DAN QUICK RATIO TERHADAP RETURN ON EQUITY

(ROE) PADA PERUSAHAAN PT INDOFOOD SUKSES

MAKMUR, Tbk Periode 2010-2017

SKRIPSI

Oleh :

TASRIFAH

201510325052

PROGRAM STUDI MANAJEMEN

FAKULTAS EKONOMI

UNIVERSITAS BHAYANGKARA JAKARTA RAYA

2019

ii

Pengaruh Total..., Tasrifah, Fakultas Ekonomi 2019

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ABSTRAK

Tasrifah. 201510325052. Pengaruh Total Assets Turnover, Debt To Equity

Ratio, dan Quick Ratio terhadap Return On Equity pada PT Indofood Sukses

Makmur Persero Tbk., (Periode 2010-2017). Penelitian ini bertujuan untuk menguji

dan menganalisis pengaruh Total Assets Turnover , Debt To Equity Ratio , dan

Quick Ratio terhadap Return On Equity pada PT Indofood Sukses Makmur,. Tbk

(Periode 2010 – 2017). Metode penelitian yang di gunakan adalah menggunakan

metode regresi linier berganda. Sampel yang dipergunakan dalam penelitian ini

adalah laporan keuangan 8 tahun terakhir yaitu tahun 2010 sampai tahun 2017.

Total Assets Turnover , Debt To Equity Ratio , dan Quick Ratio secara bersama –

sama berpengaruh terhadap Return On Equity pada perusahaan PT Indofood Sukses

Makmur Tbk,. Periode 2010 -2017. Terdapat pengaruh signifikan antara Total

Assets Turnover terhadap Return On Equity pada perusahaan PT Indofood Sukses

Makmur Tbk,. Periode 2010 -2017. Terdapat pengaruh signifikan antara Debt To

Equity Ratio terhadap Return On Equity pada perusahaan PT Indofood Sukses

Makmur Tbk,. Periode 2010 -2017. Tidak terdapat pegaruh yang signifikan antara

Quick Ratio terhadap Return On Equity pada perusahaan PT Indofood Sukses

Makmur Tbk,. Periode 2010 -2017.

Kata kunci : Total Assets Turnover , Debt To Equity Ratio , dan Quick Ratio

terhadap Return On Equity


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ABSTRACT

Tasrifah. 201510325052. Influence of Total Assets Turnover, Debt to Equity Ratio,

and Quick Ratio Against Return On Equity at PT Indofood Sukses Makmur Tbk

(Period 2010-2017). This study aims to examine and analyze the effect of Total

Assets Turnover, Debt to Equity Ratio, and Quick Ratio Against Return On Equity

Equity at PT Indofood Sukses Makmur Tbk (Period 2010-2017). The research

method used is using multiple linier regression method. The sample used in this

study is the financial statements of the last 8 years ie in 2010 until 2017. The results

of this study show the Total Assets Turnover, Debt to Equity Ratio and Quick Ratio

jointly affect the Return on Equity in the PT Indofood Sukses Makmur Tbk. 2010 -

2017 period. There is significant influence between Total Assets Turnover on

Return On Equity at Perusahaan PT Indofood Sukses Makmur Tbk. There is

significant influence between Debt to Equity Ratio on Return On Equity at

Perusahaan PT Indofood Sukses Makmur Tbk. There is no significant influence

between Total Assets Turnover on Return On Equity at Perusahaan PT Indofood

Sukses Makmur Tbk.

Keywords: Total Assets Turnover, Debt to Equity Ratio, Quick Ratio , Return On

Equity.


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KATA PENGANTAR

Bissmillahirrahmanirrahim, Alhamdulillah segala puji syukur atas kehadirat

Allah SWT sehingga penulis dapat menyelesaikan Skripsi yang berjudul “Pengaruh

Total Asset Turnover, Debt To Equity Ratio Dan Quick Ratio Terhadap Return On

Equity Pada PT.Indofood Sukses Makmur, Tbk Periode Tahun 2010-2017” ini

dengan baik. Dalam penyusunan skripsi ini, tidak terlepas dari dukungan, semangat,

serta bimbingan dari berbagai pihak. Untuk itu, penulis ingin menyampaikan

ucapan terimakasih kepada :

1. Irjen Pol (P) Drs.H. Bambang Karsono, SH., MM selaku Rektor Universitas

Bhayangkara Jakarta Raya.

2. Dr.Sugeng Suroso, SE., MM selaku Dekan Fakultas Ekonomi Universitas

Bhayangkara Jakarta Raya dan juga selaku dosen pembimbing yang telah

memberikan bimbingan untuk menyelesaikan skripsi.

3. M Fadli Nursal, SE., MM sebagai Kaprodi Fakultas Ekonomi Universitas

Bhayangkara Jakarta Raya.

4. Haryudi Anas, SE., MSM sebagai Dosen Pembimbing Akademik.

5. Orang Tua tercinta serta kakak-adik ku terkasih yang telah banyak memberikan

doa dan dukungan kepada penulis secara moril maupun materil hingga skripsi

ini dapat selesai.

6. Teman-Teman terdekat yang telah memberikan semangat kepada penulis

dalam menyelesaikan Skripsi ini.

Akhirnya, penulis mengucapkan rasa terimakasih kepada semua pihak dan

apabila ada yang tidak tersebutkan Penulis mohon maaf, dengan besar harapan

semoga skripsi yang ditulis oleh penulis ini dapat bermanfaat khususnya bagi pihak

Penulis sendiri dan umum lainnya bagi pembaca.

Jakarta, 27 Juni 2019

TASRIFAH


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DAFTAR ISI

LEMBAR PERSETUJUAN ................................................................................. ii

LEMBAR PENGESAHAN ................................................................................. iii

LEMBAR PERNYATAAN ................................................................................. iv

ABSTRAK .............................................................................................................. v

ABSTRACT .......................................................................................................... vi

KATA PENGANTAR ......................................................................................... vii

DAFTAR ISI ....................................................................................................... viii

DAFTAR TABEL ............................................................................................... xii

DAFTAR GAMBAR .......................................................................................... xiii

DAFTAR LAMPRAN ........................................................................................ xiv

BAB I PENDAHULUAN ....................................................................................... 1

1.1 Latar Belakang .............................................................................................. 1

1.2 Rumusan Masalah ........................................................................................ 4

1.3 Barasan Masalah ........................................................................................... 5

1.4 Tujuan Penelitian ........................................................................................... 5

1.5 Manfaat Penelitian ......................................................................................... 5

1.6 Sistematika Penulisan ................................................................................... 7

BAB II TINJAUAN PUSTAKA ............................................................................ 8

2.1 Analisis Laporan Keuangan ......................................................................... 8

2.1.1 Pengertian Analisis Laporan Keuangan ............................................. 8

2.1.2 Tujuan Analisis Laporan Keuangan ................................................... 9

2.1.3 Manfaat Analisis Laporan Keuangan ................................................. 9

2.2 Analisis Rasio Keuangan ........................................................................... 10

2.2.1 Pengertian Analisis Rasio Keuangan ............................................... 10

2.2.2 Tujuan Analisis Rasio Keuangan .................................................... 11

2.2.3 Bentuk – Bentuk Raiso Keuangan .................................................. 11


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2.3 Jenis-jenis Rasio Keuangan ........................................................................ 12

2.3.1 Rasio Likuiditas ................................................................................ 12

2.3.2 Quick Ratio ...................................................................................... 12

2.3.3 Mengukur Quick Ratio .................................................................... 13

2.3.4 Rasio Solvabilitas ............................................................................. 13

2.3.5 Debt to Equity Ratio .......................................................................... 13

2.3.6 Mengukur Debt to Equity Ratio ....................................................... 14

2.3.7 Rasio Aktivitas ................................................................................. 15

2.3.8 Total Asset Turnover ......................................................................... 15

2.3.9 Mengukur Total Asset Turnover ...................................................... 16

2.3.10 Rasio Profitabilitas ......................................................................... 16

2.3.11 Return On Equity ............................................................................ 17

2.3.12 Mengukur Return On Equity ........................................................... 18

2.4 Penelitian Terdahulu ................................................................................... 18

2.5 Kerangka Pemikiran ................................................................................... 22

2.5.1 Pengaruh Total Asset terhadap Profitabilitas .................................... 23

2.5.2 Pengaruh Debt to Equity Ratio terhadap Profitabilitas .................... 23

2.5.3 Pengaruh Quick Ratio Ratio terhadap Profitabilitas ......................... 24

2.5.4 Pengujian Hipotesis ........................................................................... 24

BAB III METODOLOGI PENELITIAN ......................................................... 26

3.1 Desain Penelitian ........................................................................................ 26

3.2 Tahapan Penelitian .................................................................................... 26

3.3 Model Konseptual ...................................................................................... 27

3.4 Teknik Pengumpulan Data ......................................................................... 28

3.5 Tempat dan Waktu Penelitian .................................................................... 28

3.6 Definisi Oprasional Variabel ...................................................................... 28

3.6.1 Variabel Dependen (Y) ..................................................................... 29

3.6.2 Variabel Independen (X) ................................................................... 29


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3.7 Metode Analisis Data ................................................................................... 31

3.7.1.Uji Asumsi Klasik ........................................................................ 31

3.7.2 Uji Normalitas ............................................................................. 31

3.7.3 Uji Multikolonieritas .................................................................... 31

3.7.4 Uji Autokorelasi .......................................................................... 32

3.7.5 Uji Heteroskedasitas ..................................................................... 33

3.7.6 Uji Regresi Linier Berganda ........................................................ 33

3.7.7 Uji Koefisien Determinasi (R2) .................................................... 33

3.8 Uji Persial (Uji t) ....................................................................................... 34

3.9 Uji Uji Simultan (Uji F) ............................................................................ 35

BAB IV HASIL PENELITIAN DAN PEMBAHASAN .................................. 36

4.1 Profil Perusahaan ......................................................................................... 36

4.1.1 Sejarah PT. Indofood Sukses Makmur,Tbk ...................................... 36

4.1.2 Visi dan Misi Perusahaan .................................................................. 37

4.1.3 Perkembangan Perusahaan ................................................................ 37

4.14 Produk yang di hasilkan PT. Indofood Sukses Makmur,Tbk............. 38

4.2 Hasil Penelitian ............................................................................................ 40

4.2.1 Total Asset Turnover Periode 2010-2017 ....................................... 40

4.2.2 Debt To Equity Ratio Periode 2010-2017 ........................................ 41

4.2.3 Quick Ratio Periode 2010-2017 ........................................................ 44

4.2.4 Return On Equity Periode 2010-2017 ............................................... 45

4.2.5 Analisis Total Asset Turnover terhadap Return On Equity tahun

2010-2017 ........................................................................................ 47

4.2.6 Analisis Debt To Equity Ratio terhadap Return On Equity tahun

2010-2017 ........................................................................................ 49

4.2.7 Analisis Quick Ratio terhadap Return On Equity tahun

2010-2017........................................................................................... 51

4.3 Analisis Data ............................................................................................... 53

4.3.1 Statistik Deskriptif ............................................................................. 53


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4.3.2 Uji Asumsi Klasik .............................................................................. 55

4.3.2.1 Uji Normalitas ...................................................................... 55

4.3.2.2 Uji Multikolonieritas ............................................................. 57

4.3.2.3 Uji Autokorelasi .................................................................... 58

4.3.2.4 Uji Heterokedastisitas .......................................................... 60

4.3.3 Analisis Regresi Berganda ................................................................... 60

4.3.4 Pengujian Hipotesis ............................................................................ 62

4.3.4.1 Koefisisen Determinasi (R2) ................................................... 62

4.3.4.2 Hasil Uji Persial (uji t) ............................................................ 63

4.3.4.3 Hasil Secara Simultan (Uji F) ................................................... 65

4.4 Pembahasan Hipotesis .............................................................................. 66

4.4.1 Variabel Total Asset Turnover (X1) Terhadap ROE (Y) PT Indofood

Sukses Makmur, Tbk . ...................................................................... 66

4.4.2 Variabel Debt To Equity Ratio (X2) Terhadap ROE (Y) PT Indofood

Sukses Makmur, Tbk ........................................................................ 67

4.4.3 Variabel Quick Ratio (X3) Terhadap ROE (Y) PT Indofood

Sukses Makmur, Tbk .......................................................................... 68

4.4.4 Variabel TATO (X1), DER (X2), QR (X3) Secara Simultan Terhadap

ROE (Y) PT Indofood Sukses Makmur, Tbk ...................................... 69

BAB V KESIMPULAN DAN IMPLIKASI MANAJERIAL ......................... 70

5.1 Kesimpulan .................................................................................................... 70

5.2 Implikasi Manajerial ...................................................................................... 72

DAFTAR PUSTAKA .......................................................................................... 73

LAMPIRAN


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DAFTAR TABEL

Tabel 2.1 Penelitian Terdahulu ............................................................................. 18

Tabel 3.1 Definisi Operasional Variabel ............................................................... 30

Tabel 3.2 Pengambilan Keputusan Durbin Watson .............................................. 32

Tabel 3.3 Interprestasi dari nilai korelasi (r) ......................................................... 34

Tabel 4.1 Produk yang di hasilkan PT Indofood Sukses Makmur ,Tbk. ............... 38

Tabel 4.2 Total Asset Turnover Periode 2011-2017 ............................................. 40

Tabel 4.3 Debt To Equity Ratio Periode 2011-2017 ............................................ 42

Tabel 4.4 Quick Ratio Periode 2011-2017 ........................................................... 44

Tabel 4.5 Return On Equity Periode 2011-2017 ................................................... 46

Tabel 4.6 Total Asset Turnover terhadap Return On Equity ................................. 48

Tabel 4.7 Debt To Equity terhadap Return On Equity ........................................... 49

Tabel 4.8 Quick Ratio terhadap Return On Equity ................................................ 51

Tabel 4.9 Output Hasil Deskriptif Variabel Penelitian ......................................... 54

Tabel 4.10 Output Hasil Uji Normalitas ............................................................... 56

Tabel 4.11 Output Hasil Uji Multikolonieritas ...................................................... 58

Tabel 4.12 Pengambilan Keputusan Durbin Watson ............................................. 59

Tabel 4.13 Output Hasil Uji Autokorelasi ............................................................. 59

Tabel 4.14 Output Hasil Analisis Regresi Berganda ............................................. 61

Tabel 4.15 Interprestasi dari nilai korelasi (r) ...................................................... 62

Tabel 4.16 Output Hasil Uji Koefisien Determinasi ............................................. 62

Tabel 4.17 Output Hasil Uji Parsial (Uji t) ............................................................ 63

Tabel 4.18 Output Hasil Uji Simultan (Uji f) ........................................................ 65


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DAFTAR GAMBAR

Gambar 2.1 Kerangka Pemikiran .......................................................................... 23

Gambar 3.1 Model Konseptual .............................................................................. 27

Gambar 4.1 Grafik Total Asset Turnover .............................................................. 41

Gambar 4.2 Grafik Debt to Equity Ratio .............................................................. 43

Gambar 4.3 Grafik Quick Rasio ............................................................................ 45

Gambar 4.4 Grafik Return On Equity ................................................................... 47

Gambar 4.5 Grafik Tato Terhadap Roe.................................................................. 49

Gambar 4.6 Grafik Debt to Equity Terhadap Roe ................................................ 51

Gambar 4.7 Grafik Quick Ratio Terhadap Roe ...................................................... 52

Gambar 4.8 Output hasil Uji Heteroskidestisitas ................................................... 60


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DAFTAR LAMPIRAN

1. Laporan Keuangan PT.Indofood Sukses Makmur, Tbk Triwulan 1 Tahun 2010

2. Laporan Keuangan PT. Indofood Sukses Makmur, Tbk Triwulan 2 Tahun 2010



5. Laporan Keuangan PT Indofood Sukses Makmur, Tbk Triwulan 1 Tahun 2011

6. Laporan Keuangan PT Indofood Sukses Makmur, Tbk Triwulan 2 Tahun 2011











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33. Tabulasi

34. Hasil Pengolahan Data Keuangan pada SPSS 21

35. Tabel Durbin - Watson

36. Distribusi Nilai T Tabel

37. Distribusi Nilai F Tabel

38. Uji Referensi Skripsi

39. Uji Plagiat Skripsi

40. Daftar Riwayat Hidup


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