Pengaruh Perputaran Modal Kerja, Perputaran Kas, Perputaran Piutang, Leverage, dan Pertumbuhan Perusahaan terhadap Rentabilitas Ekonomi (Analisis Data Panel pada Perusahaan Pertambangan yang Terdaftar di BEI 2018-2022)

Abstract

This research aims to examine the influence of Working Capital Turnover, Cash Turnover, Accounts Receivable Turnover, Leverage, and Company Growth on Economic Profitability in Mining Companies Listed on the Indonesia Stock Exchange (BEI) for the period of 2018-2022. The population of this research consists of 60 companies. Purposive sampling technique was employed to select 18 companies for investigation. Secondary data was used, and the data analysis technique applied included multiple linear regression analysis, F-test, and t-test. The results of the study indicate that accounts receivable turnover and company growth have a significant positive effect on Return on Assets (ROA). Meanwhile, working capital turnover, cash turnover, and leverage do not have a significant effect on economic profitability. Simultaneously, working capital turnover, cash turnover, accounts receivable turnover, leverage, and company growth collectively influence economic profitability.