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The Model Summaryb Model Effect Of Current Ratio On Return On Assets At Pt Cahaya Pelita Andhika In Central Tapanuli Regency

Year: 2026

Type: article

Abstract: This study aims to determine the Effect of Current Ratio on Return on Assets at PT Cahaya Pelita Andhika, Central Tapanuli Regency. The type of research used in this study is a quantitative research method with a descriptive correlational approach. The sample in this study is the financial statements of PT Cahaya Pelita Andhika, Central Tapanuli Regency 2020-2024. The results of the study show that the coefficient of determination (R2) is 0.032, meaning that 3.2% of the variation in Return on Assets (Y) is determined by the Current Ratio (X), while the remaining 96.8% is influenced by other factors. Based on the t-test, the calculated t-value for the Current Ratio is 0.770, which is lower than the t-table value of 2.10092 (0.770 < 2.10092) with a probability value of 0.451 > 0.05. Therefore, the Current Ratio (X) does not have a significant effect on Return on Assets (Y) at PT Cahaya Pelita Andhika. Consequently, H0 is accepted and Ha is rejected.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.19349912

Authors: Hutabarat, Putri Rosdayanti, Nasution, Zafril Abdi, Hutabarat, Indra Setiawan

Institution: Sekolah Tinggi Ilmu Ekonomi Al-Washliyah

Language: English

Topic: Financial Analysis and Corporate Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W7147290458

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