RETURN ON ASSETS, DEBT EQUITY RATIO, INVENTORY TURNOVER ON EQUITY GROWTH: Study on Manufacturing Companies Listed in IDX
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Date
2019
Journal Title
Journal ISSN
Volume Title
Publisher
Journal of Advanced Research in Dynamical & Control Systems, Vol. 11, 03-Special Issue
Abstract
This study explains the effect of return on assets, debt to equity ratio and inventory turnover on equity growth in manufacturing companies listed on IDX in the period 2011-2016. Sampling research using purposive sampling technique on 28 companies. The data used are secondary data from the financial statements of companies published by BEI in the period of study. In this research explained that return on assets of debt to equity ratio and inventory turnover have positive and significant effect to equity growth. Inventory Turnover has a positive and insignificant effect on equity growth in manufacturing companies listed on Indonesia Stock Exchange (IDX). Variable independent can explain 95.36% of the model, while 4.64% is explained by other factors not examined.
Description
Keywords
Return on Assets, Debt to Equity Ratio, Inventory Turnover, Equity Growth