Analisis Faktor-Faktor yang Mempengaruhi Kinerja Keuangan pada Perusahaan Food and Beverage yang Terdaftar di BEI Tahun 2022-2024

Abstract

This study aims to analyze the effects of the Current Ratio (CR), Debt to Equity Ratio (DER), Total Asset Turnover (TAT), and Net Profit Margin (NPM) on company performance, as measured by Return on Assets (ROA), in food and beverage companies listed on the Indonesia Stock Exchange (IDX) from 2022 to 2024. The study is grounded in Agency Theory. This is a quantitative study, and the sampling technique employed was purposive sampling. The data used were secondary data, collected using a documentation method. Data analysis was conducted using EViews 13 software, applying panel data multiple regression analysis. At a significance level of a=0.05, the results of the regression analysis indicate that CR and TAT do not have a significant effect on ROA, while DER and NPM have a positive and significant effect on ROA. The findings suggest that debt management and net profit efficiency play a crucial role in the financial performance of food and beverage companies. The implications of this research are expected to provide valuable insights for corporate management and investors in making strategic decisions to improve financial performance.