PENGARUH DEBT TO EQUITY RATIO TERHADAP RETURN ON ASSET (ROA) PADA PERUSAHAAN SUB SEKTOR FARMASI YANG TERDAFTAR DI BURSA EFEK INDONESIA
Andri Indrawan Muhammadiyah University of Sukabumi. The effect of Debt to Equity Ratio on Return on Assets (ROA) in Pharmaceutical Sub Sector Companies Listed on Indonesia Stock Exchange. This study aims to determine the effect of debt to equity ratio (DER) on return on assets (ROA). The variables used in this research are debt to equity ratio and return on asset (ROA). This research was conducted by using quantitative method with the type of associative approach, while the population in this study is the annual financial statements of pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange and sampled as many as 35 financial statements. The sample in this research use nonprobability sampling technique with purposive sampling type. In this research the data collection technique used is secondary data. The method used to process and analyze data in this research is the data normality test, heteroskedastisitas test, autocorrelation test, multicolinearity test, multiple regression analysis, t test, and coefficient of determination. Based on the result of research indicate that partially DER have significant effect to ROA with result of t test equal to -5,671 with significant value 0,000.