Pengaruh Loan to Deposit, Debt to Asset, dan Foreign Ownership Structure terhadap Return on Asset pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2020-2024

Abstract

This study aims to examine the effect of loan to deposit, debt to asset, and foreign ownership structure on return on assets. This research employs a quantitative approach with banking companies listed on the Indonesia Stock Exchange (IDX) during the 2020–2024 period as the research object, totaling 47 companies. Of these, 44 companies were included in the population due to the unavailability of complete data for the remaining firms. The findings indicate that debt to asset has a negative and significant effect on return on assets, while loan to deposit and foreign ownership structure show no significant influence on return on assets.