PENGARUH RASIO LIKUIDITAS, SOLVABILITAS, DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN CONSUMER GOODS SUBSEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2016-2020
DOI:
https://doi.org/10.26740/jim.v10n2.p725-736Kata Kunci:
current ratio, debt to equity ratio, return on equity, stock priceAbstrak
Abstract
This study aims to obtain empirical evidence of the effect of liquidity ratios, solvency, and profitability on stock prices. The liquidity ratio is measured using the Current Ratio (CR), the solvency ratio is measured using the Debt to Equity Ratio (DER), the profitability ratio is measured using the Return on Equity (ROE). The sampling method is purposive sampling. The sample includes 10 companies in the food and beverage sub-sector on the Indonesia Stock Exchange (IDX) for the period 2016 to 2020. The hypothesis in this study was tested using multiple linear regression analysis model with Eviews12 software. The results of this study prove that simultaneously CR, DER and ROE affect the stock prices of food and beverage sub-sector companies listed on the IDX for the 2016-2020 period. Partially CR and ROE have an effect on stock prices and DER have no effect on stock prices for banking companies listed on the IDX for the 2016-2020 period.
Keywords: Current Ratio, Debt to Equity Ratio, Return on Equity, Stock Price.
Referensi
Abi, F. P. P. (2016). Semakin dekat dengan pasar modal Indonesia (1st ed.). Yogyakarta: Deepublish.
Azis, M., Mintarti, S., & Nadir, M. (2015). Manajemen Investasi Fundamental, Teknikal, Perilaku Investor dan Return Saham. Yogyakarta: Deepublish.
Cahyaningrum, Y. W., & Antikasari, T. W. (2017). Pengaruh Earning Per Share, Price To Book Value, Return on Asset, Dan Return on Equity Terhadap Harga Saham Sektor Keuangan. Jurnal Economia, 13(2), 191. https://doi.org/10.21831/economia.v13i2.13961
Hasanah, U., & Sulistiyo, H. (2021). The Effect of Cr, Der, and Roe on Stock Prices Transportation Sub Sector Companies Listed on the Indonesia Stock Exchange, Nominal: Barometer Riset Akuntansi dan Manajemen 10(1), 102-117.
idx.co.id. (2020). Laporan Keuangan dan Tahunan. (https://www.idx.co.id/perusahaan-tercatat/laporan-keuangan-dan-tahunan/, diakses pada 28 November 2021).
Idxchannel.com (2021). Apa Itu Pasar Modal? Cek Yuk Fungsi, Contoh dan Manfaatnya. (https://www.idxchannel.com/market-news/apa-itu-pasar-modal-cek-yuk-fungsi-contoh-dan-manfaatnya, diakses pada 25 mei 2022).
Kasmir. (2019). Analisis Laporan Keuangan (Edisi Revisi). Jakarta: Raja Grafindo Persada.
kemenperin.go.id. (2021). Industri Makanan dan Minuman Diakselerasi Menuju Transformasi Digital. (https://kemenperin.go.id/artikel/22485/Industri-Makanan-dan-Minuman-Diakselerasi-Menuju-Transformasi-Digital, diakses pada 20 desember 2021).
Kontan.co.id. (2021). Industri mamin masih akan tertekan, simak saham-saham rekomendasi analis. (https://investasi.kontan.co.id/news/industri-mamin-masih-akan-tertekan-simak-saham-saham-rekomendasi-analis, diakses pada 13 februari 2022).
Tandelilin, E. (2017). Pasar modal : manajemen portofolio & investasi (G. Sudibyo (ed.)). Yogyakarta: PT Kanisius.
Thea, E. S. (2021). Pengaruh Rasio Likuiditas, Solvabilitas, Profitabilitas Terhadap Harga Saham Subsektor Perkebunan Yang Terdaftar Di Bursa Efek Indonesia. COSTING: Journal of Economic, Business and Accounting, 4(2), 540-546.
Wahyuni, T., Afriany, A. N., & Basri, A. I. (2021). Pengaruh Profitabilitas, Likuiditas, Solvabilitas, dan Rasio Pasar Terhadap Harga Saham pada Perusahaan. Pacioli: Jurnal Kajian Akutansi dan Keuangan, 1(1), 22-28.
Xie, L., Wang, M., & Huynh, T. L. D. (2021). Trust and the stock market reaction to lockdown and reopening announcements: A cross-country evidence. Finance Research Letters, July, 102361. https://doi.org/10.1016/j.frl.2021.102361
Unduhan
Diterbitkan
Cara Mengutip
Terbitan
Bagian
Lisensi
Artikel ini berlisensi Creative Commons Attribution-NonCommercial 4.0 International License.
Abstract views: 728
,
PDF Downloads: 1155
