Pengaruh Investasi Aktiva Tetap Terhadap Profitabilitas pada Perusahaan Logam yang Terdaftar di Bursa Efek Indonesia

Abstract

The purpose of this research is to find out if an investment of fixed assets affect profitability on metal companies were listed on the Indonesia stock exchange period 2012-2015. The type of research used is associative research. The population used in this research is the metal companies were listed on the Indonesia stock exchange totaling 2012-2015 period of 16 companies. While the research sample into as many as 8 companies. The data type used is quantitative data. The source of the data in this study is secondary data, data collection techniques are techniques of documentation. Data analysis technique used is a simple regression analysis techniques, and test his hypothesis using the t-test (partial). The results of this study showed that fixed assets investment have an effect on profitability, it is evident from the: (1) the results of the test t, where the fixed assets investment has thitung > ttabel i.e. 2,536 > 2.04227 with a value of Sig. 0.05 namely < 0.019 < 0.05. (2) the results of a simple regression equations obtained the value Y = 0.656 4,622 + x, simple regression results can be described as follows: (a) the constant of 4,622 stated that if there were no free variable value i.e. fixed assets investment, the value of profitability seen from the value of Y is 4,622. (b) the coefficient of the variable investments fixed assets amounting to 0656 suggests that any increase in fixed assets investment of 1%, then profitability will increase by 0656. From the test results the coefficient of determination (R2) obtained the value of R2 of 0.234, then the magnitude of the influence of fixed assets investment towards the profitability of 23.4%, while the rest of 76.6% are influenced by other factors not examined, those factors include capital structure factors, current assets, and so on