Pengaruh Debt to Equity Ratio (DER), Debt to Asset Ratio ( DAR), Long Term Debt to Equity Ratio (LDER ) Terhadap Profitabilitas pada Perusahaan yang Terdaftar di Index Investor 33 Tahun 2018 – 2020

Abstract

This study aims to determine the effect of debt to equity ratio (DER), debt to asset ratio (DAR), long term debt to equity ratio (LDER) on profitability in companies listed on the 33 investor index for 2018 – 2020. The research approach is quantitative . The population in this study is the financial statements of companies listed in the investor index 33 with a range from 2018 – 2020. The sampling method uses a purposive sampling method, namely sampling based on certain criteria. Of the 33 populations taken from companies listed on the investor index 33 and the Indonesia Stock Exchange in 2018 - 2020, which met the criteria of 23 companies, the sample used was 23 samples with 3 observations starting from 2018 - 2020 then the research requires as many as 69 observational data (23 companies x 3 years). The results of this study indicate that, (1) Partially Debt to Equity Ratio (DER) has a positive and significant effect on profitability (2) Partially Debt to Asset Ratio (DAR) has a positive and significant effect on profitability (3) Partially Long term Debt to Equity Ratio (LDER) has a negative and significant effect on profitability (4) Simultaneously Debt to Equity Ratio, Debt to Asset Ratio and Long term Debt to Equity Ratio affect profitability.