PENGARUH RASIO PERPUTARAN MODAL KERJA, LIKUIDITAS, DAN LEVERAGE TERHADAP PROFITABILITAS PERUSAHAAN PROPERTY DAN REAL ESTATE DI INDONESIA

Abstract

This research aims to know the influence of working capital turnover ratio,
likuidity and leverage toward the profitability for property companies and
real estate listed on indonesia stock exchange. This research used
30 companies as sample during 4 years reviewed (2010 – 2013),
by using purposive sampling method. A statistical test tool was used
to examine the hypothesis was multiple regression analysis.
The result of research on model I showed that working capital turnover,
current ratio, debt to total asset have significant influence toward
return on investment, while debt to equity ratio did not have significant
toward return on investment. The result of  research on model II
showed that working capital turnover, current ratio, debt to total
asset and debt to equity ratio have significant influence toward return
on asset. likuidity and leverage toward the profitability for property
companies and real estate listed on indonesia stock exchange.
This research used 30 companies as sample during 4 years reviewed
(2010 – 2013), by using purposive sampling method.
A statistical test tool was used to examine the hypothesis was
multiple regression analysis. The result of research on model
I showed that working capital turnover, current ratio, debt to total asset
have significant influence toward return on investment,
while debt to equity ratio did not have significant toward
return on investment. The result of  research on model II showed that
working capital turnover, current ratio, debt to total asset and
debt to equity ratio have significant influence toward return on asset.

Keywords : Working Capital Turnover, Current Ratio, Debt to Total Asset, Debt to Equity Ratio, Return On Investment, Return On Asset.