PENGARUH PROFITABILITY RATIO DAN CURRENT RATIO TERHADAP HARGA SAHAM PT INDOFOOD SUKSES MAKMUR, TBK PERIODE 2006 – 2011

2017 ◽  
Vol 8 (2) ◽  
Author(s):  
Janny Rowena ◽  
Hendra Nursalim
Keyword(s):  
Key Words ◽  
Stock Price ◽  
T Test ◽  
Profit Margin ◽  
Debt Ratio ◽  
Current Ratio ◽  
Analysis Techniques ◽  
Independent Variables ◽  
Net Profit ◽  
Profitability Ratios

<p><em>This research was conducted to examine the influence of profitability ratio, current ratio, and debt ratio to PT Indofood Sukses Makmur, Tbk stock price for period 2006 – 2011. Profitability ratios used are ROA (Return on Asset) and NPM (Net Profit Margin). There are four variables : stock price as the dependent variable, while the ROA, NPM, and current ratio as the independent variables. The analysis techniques used in this research is multiple linier regression. </em></p><p><em>Based on statistical t test, NPM have significant influenced on stock price because the significant value is more than 0,05. Based on statistical F test indicates that variables ROA, NPM, and current ratio simultantly affect to Indofood Sukses Makmur, Tbk stock price. Results of coefficient determination test showed that ROA, NPM, and current ratio explained PT Indofood Sukses Makmur, Tbk stock price 92,4% and the rest (7,6%) is influenced by other variables outside the model.</em></p><p><em>Key Words: Profitability ratio, Return on Asset (ROA), Net Profit Margin (NPM)</em></p><p> </p>

scholarly journals ANALISIS PENGARUH BEBERAPA VARIABEL FUNDAMENTAL KEUANGAN PERUSAHAAN TERHADAP HARGA SAHAM PERUSAHAAN TELEKOMUNIKASI YANG TERCATAT DI BURSA EFEK JAKARTA

2018 ◽  
Vol 10 (3) ◽  
pp. 307-334
Author(s):  
Rajio Suwahyono ◽  
Hening Widi Oetomo
Keyword(s):  
Stock Price ◽  
Financial Statements ◽  
Profit Margin ◽  
Financial Ratios ◽  
Debt Ratio ◽  
Information Need ◽  
Current Ratio ◽  
Book Value ◽  
Operating Profit ◽  
Net Profit

The users of financial information need financial statements of company to analyze their financial conditions and performances. Financial ratios are useful measure for predicting the stock price. The study focused on the usefull of financial ratios in predicting stock price. The aim of the study is to examine whether  financial statements of company that are price earning ratio, price to book value, current ratio, debt to equity ratio, debt ratio, operating profit margin, net profit margin, total assets turnover, and return on asset simultaneously can influence the stock price and which ratios, partially can influence the stock price. The sample of this study is the telecommunication companies that listed in Jakarta Stock Exchange. Using purposive sampling, there are two companies that become sample that are PT Telekomunikasi Indonesia Tbk and PT Indosat Tbk. The study period is 10 years (1994 up to 2004). The data were analysed by multiple linier regression.The study show that financial statements of company that are price earning ratio, price on book value, current ratio, debt ratio, operating profit margin, net profit margin, and total assets turnover  simultaneously can influence the stock price. Partially price on book value, current ratio dan total asset turnover influence the stock price.

scholarly journals ANALISIS PERBEDAAN KINERJA KEUANGAN SEBELUM DAN SESUDAH RIGHT ISSUE (Studi pada Entitas Manufaktur yang Terdaftar di Bursa Efek Indonesia)

2018 ◽  
Vol 6 (1) ◽  
pp. 11
Author(s):  
Syaiful Bahri
Keyword(s):  
T Test ◽  
Profit Margin ◽  
Total Asset ◽  
Debt Ratio ◽  
Current Ratio ◽  
Return On Equity ◽  
Paired Sample ◽  
Net Profit ◽  
Equity Ratio ◽  
Turn Over

Penelitian ini bertujuan untuk mengetahui ada tidaknya perbedaan kinerja keuangan sebelum dan sesudah right issue pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2011-2015. Right issue adalah penawaran saham tambahan di luar saham awal. Periode pengamatan satu tahun sebelum dan satu tahun setelah right issue. Variabel penelitian adalah kinerja keuangan termasuk current ratio (CR), quick ratio (QR), debt ratio (DR), debt to equity ratio (DER), net profit margin (NPM), return on equity (ROE), return on asset (ROA), dan total asset turn over (TATO). Teknik pengambilan sampel menggunakan metode purposive sampling. Sampel mencakup delapan perusahaan yang melakukan right issue dari 2011-2015. Pengujian hipotesis menggunakan metode tes yang berbeda (paired sample t-test). Hasil analisis menggunakan paired sample t-test menunjukkan tiga perbedaan signifikan, yaitu current ratio (CR), debt to equity ratio (DER), dan total asset turn over (TATO) dengan nilai signifikansi current ratio (CR) sebesar 0,006, nilai untuk signifikansi untuk debt equity ratio (DER) sebesar 0,11, dan total nilai signifikansi untuk total asset turn over (TATO) sebesar 0,000 pada tingkat riil (α) = 0,05. Sementara quick ratio (QR), debt ratio (DR), net profit margin (NPM), return on equity (ROE), dan return on asset (ROA), tidak ada perbedaan yang signifikan sebelum dan sesudah right issue. Untuk peneliti berikutnya, dapat menggunakan objek penelitian yang lebih besar untuk hasil penelitian dapat digeneralisasikan, tambahkan periode pengamatan yang lebih spesifik, dan tambahkan variabel penelitian.

scholarly journals ANALISIS PENGARUH BEBERAPA VARIABEL FUNDAMENTAL KEUANGAN PERUSAHAAN TERHADAP HARGA SAHAM PERUSAHAAN TELEKOMUNIKASI YANG TERCATAT DI BURSA EFEK JAKARTA

2017 ◽  
Vol 10 (3) ◽  
pp. 307
Author(s):  
Rajio Suwahyono Rajio Suwahyono ◽  
Hening Widi Oetomo
Keyword(s):  
Stock Price ◽  
Financial Statements ◽  
Profit Margin ◽  
Financial Ratios ◽  
Debt Ratio ◽  
Information Need ◽  
Current Ratio ◽  
Book Value ◽  
Operating Profit ◽  
Net Profit

The users of financial information need financial statements of company to analyze their financial conditions and performances. Financial ratios are useful measure for predicting the stock price. The study focused on the usefull of financial ratios in predicting stock price.The aim of the study is to examine whether  financial statements of company that are price earning ratio, price to book value, current ratio, debt to equity ratio, debt ratio, operating profit margin, net profit margin, total assets turnover, and return on asset simultaneously can influence the stock price and which ratios, partially can influence the stock price. The sample of this study is the telecommunication companies that listed in Jakarta Stock Exchange. Using purposive sampling, there are two companies that become sample that are PT Telekomunikasi Indonesia Tbk and PT Indosat Tbk. The study period is 10 years (1994 up to 2004). The data were analysed by multiple linier regression.The study show that financial statements of company that are price earning ratio, price on book value, current ratio, debt ratio, operating profit margin, net profit margin, and total assets turnover  simultaneously can influence the stock price. Partially price on book value, current ratio dan total asset turnover influence the stock price.

scholarly journals Pengaruh Rasio Profitabilitas dan Likuiditas Terhadap Harga Saham Perusahaan Pada Sektor Property

2021 ◽  
Vol 4 (2) ◽  
pp. 698-705
Author(s):  
Rafida Khairani ◽  
Fati Syafira ◽  
Masnika Sinaga ◽  
Roryn Chelsi Gea ◽  
Lorensisca Sitorus
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Profit Margin ◽  
Share Price ◽  
Return On Assets ◽  
Current Ratio ◽  
Independent Variables ◽  
Net Profit

The purpose of this research is to analyze the effect of profitability and Liqudity on the company's stock price in PropertySector. This research uses a quantitative approach, the type of research used is associative research. The data used are secondary data in the form of company financial statements obtained from the Indonesia Stock Exchange (IDX). In determining the sample of this study using a purposive sampling method that is determining the sample by making certain criteria. The data analysis method uses multiple linear regression analysis. Testing the hypothesis in this study using the t test to determine the effect of individual independent variables on the dependent variable. While the F test is used to determine the effect of Current Ratio (CR), Net Profit Margin (NPM), Return On Assets (ROA) simultaneously on stock prices. The regresion results of this research shows that independent variables like CR and ROA has a positive effect in predicting stock prices. While, the NPM variable has a negative effect in predicting the stock prices. Current Ratio (CR), Net Profit Margin (NPM), and Return On Assets (ROA) simultaneously have a significant effect on Stock Prices. Partially, Current Ratio (CR), and Return On Assets (ROA) have a significant effect on Stock Prices. While Net Profit Margin (NPM) Does not have significant effect on Stock Prices. From the regression coefficient test concluded that 58,8% of the share price can be explained by the independent variables Keywords: Profitability, Liquidity,  Stock Prices.

scholarly journals ANALISIS PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN TELEKOMUNIKASI INDONESIA

2011 ◽  
Vol 4 (1) ◽  
pp. 51-77
Author(s):  
Robert Sunarko ◽  
Raymundus Parulian Sihotang
Keyword(s):  
Interest Rates ◽  
Stock Price ◽  
Profit Margin ◽  
Debt Ratio ◽  
Current Ratio ◽  
Price Movement ◽  
Return On Equity ◽  
The Government ◽  
Internal Side ◽  
Profitability Ratios

Stock price movement is influenced by many factors such as actions taken by the government, interest rates fluctuating, as well as a variety of other internal or external factors. The authors discuss the internal side of the company and the use of liquidity ratios, solvency, activity, and profitability ratios on the Current Ratio, Return on Equity (ROE), profit margin, Debt Ratio, and Total Assets Turnover. The authors discuss whether there is a relationship between each of the five ratios with stock price movement. The authors showed that each of the Current Ratio, ROE, Profit Margin and Debt Ratio Total Assets Turnover, Profit Margin and ROE only affected the stock price movement, while the Current Ratio, Debt Ratio, and Total Assets Turnover had no significant effect on stock price movements.

THE INFLUENCE OF NET PROFIT MARGIN AND CURRENT RATIO ON STOCK PRICE

2017 ◽  
Vol 9 (2) ◽  
pp. 37-43
Author(s):  
Sri Dewi Anggadini ◽  
Eva Tarsiah
Keyword(s):  
Data Analysis ◽  
Pharmaceutical Company ◽  
Stock Price ◽  
Stock Exchange ◽  
Profit Margin ◽  
Pharmaceutical Companies ◽  
Analysis Method ◽  
Current Ratio ◽  
Financial Reports ◽  
Net Profit

 This research have purpose to examine empirically the effect on Net Profit Margin and Liquidity (Current Ratio) to Stock Price on Sub Sector Pharmaceutical Company Listed on IndonesiaStock Exchange Period 2012-2016. The problems that occur in Sub Sector Pharmaceutical Companyis the decrease of Stock Price but not followed by the increase of Net Profit Margin. Then the companyhas descreased Stock Price but not followed by the increase of Liquidity (Current Ratio). The research uses descriptive verification analysis method with population 10 companies from Sub Sector Pharmaceutical Companies. Sample selected by using purposive sampling, so thesample obtained to 8 companies with 40 financial reports from Sub Sector Pharmaceutical CompanyListed in Indonesia Stock Exchange Period 2012-2016. Technical of data analysis is multiple linearregression with SPSS 16.0 version as the application.  The result of the analysis showed that Net Profit Margin has positive and significant effect to Stock Price, and Liquidity which measured by Current Ratio has Positive dan significant effect toStock Price.

scholarly journals Performan Keuangan PT Ultrajaya Milk Industry and Trading Company, Tbk. setelah Diakuisisi oleh PT Unilever Indonesia, Tbk.

2016 ◽  
Vol 10 (2) ◽  
pp. 114-124
Author(s):  
Janu Didik Santoso ◽  
Urip Santoso
Keyword(s):  
Profit Margin ◽  
Debt Ratio ◽  
Current Ratio ◽  
Return On Equity ◽  
Trading Company ◽  
Net Profit ◽  
Milk Industry

Penelitian ini bertujuan untuk mengevaluasi kinerja keuangan PT Ultrajaya Milk Industry and Trading Company, Tbk. setelah diakuisisi oleh PT Unilever Indonesia, Tbk. Data keuangan perusahaan tersebut dihitung rasio keuangannya seperti net profit margin (NPM), return on invesment (ROI), return on equity (ROE), earning per share (ESP), total assests turnover (TATO), current ratio (CR) dan debt ratio (DR). NPM, ROI, EPS dan TATO perusahaan meningkat sesudah diakuisisi, sementara DR menurun. CR perusahaan lebih tinggi sesudah 6 tahun diakuisisi sedangkan ROE meningkat sesudah 3 tahun diakuisisi. Dapat disimpulkan bahwa kinerja keuangan PT Ultrajaya Milk Industry and Trading Company, Tbk. meningkat sesudah diakuisisi.Kata kunci: PT Ultrajaya Milk Industry and Trading Company, Tbk., PT Unilever Indonesia, Tbk., kinerja keuangan, akuisisi

scholarly journals Analisis Kinerja Keuangan Terhadap Harga Saham pada Industri Loga yang Terdaftar Di BEI

Equity ◽  
2019 ◽  
Vol 22 (1) ◽  
pp. 37
Author(s):  
Muhammad Irfan Sauqi ◽  
Endah Tri Wahyuningtyas ◽  
Heni Agustina
Keyword(s):  
Stock Prices ◽  
Return On Investment ◽  
Stock Price ◽  
Stock Exchange ◽  
Profit Margin ◽  
Current Ratio ◽  
Asset Return ◽  
Return On Equity ◽  
Net Profit ◽  
Equity Ratio

The purpose of this study is to determine the financial effect proxy through Current  ratio, Debt Equity Ratio, Return On Asset, Return On Equity, Return On Investment and Net Profit Margin Against Stock Price of the Company and the like mentioned in Indonesia Stock Exchange. The sample used in the study amounted to 16 companies from a total of 18 companies, for the techniques used in the study using multiple regression analysis. The test results show the variable Current Ratio, Debt Equity Ratio, Return On Asset, Return On Equity, Return On Investment and Net Profit Margin simultaneously affect the stock price of metal companies and the like listed on the Indonesia Stock Exchange, with the results obtained F- count as 5,948 with  significant 0.000 < 0.05. Which means the relationship between the independent variables Current Ratio, Debt Equity Ratio, Return On Asset, Return On Equity, Return On Investment and Net Profit Margin together have a close relationship to stock prices.

scholarly journals The Effects of Financial Performance toward Firm Value on Tourism, Hotel and Restaurant, and Transportation Sectors Listed on Indonesia Stock Exchange

2021 ◽  
Vol 9 (1) ◽  
pp. 141
Author(s):  
Variyetmi Wira
Keyword(s):  
Firm Value ◽  
Stock Exchange ◽  
Profit Margin ◽  
Debt Ratio ◽  
Current Ratio ◽  
Accounts Receivable ◽  
Net Profit ◽  
Equity Ratio ◽  
Collection Period ◽  
Acid Test

This study aims to examine the effect of financial ratios on firm value. The sample was chosen using purposive sampling with the data collection period 2016-2019, particularly in the tourism, hotels and restaurants, and transportation sectors listed on the Indonesia Stock Exchange. The sampling technique used purposive sampling, in order to obtain 45 companies per year. The data was collected through the datastream and www.idx.co.id website, and analyzed by employing SPSS 26 version. Financial performance variables are measured using Current ratio, Acid test ratio, Debt ratio, Debt to Equity ratio, Receivables collection period, Accounts receivable turnover, Gross Profit Margin and Net Profit Margin, while the firm value variable is measured by Price to Book Value (PBV). Since the data should meet the classical assumption test, therefore, normality test, multicollinearity test, heteroscedasticity and autocorrelation were carried out. The results showed that the debt ratio, accounts receivable turnover and net profit margin had a significant effect on firm value. On the other hands, other ratios such as current ratio, acid test ratio, debt to equity ratio, accounts receivable collection period, and gross profit margin do not have a significant effect on firm value.

scholarly journals Analisis Rasio Keuangan terhadap Harga Saham pada Perusahaan Food and Beverages

Owner ◽  
2021 ◽  
Vol 5 (2) ◽  
pp. 380-395
Author(s):  
Namira Ufrida Rahmi ◽  
Andrew Andrew ◽  
Angelia Stefani ◽  
Fenita Fenita
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Profit Margin ◽  
Analysis Tool ◽  
Current Ratio ◽  
Return On Equity ◽  
Insignificant Effect ◽  
Food And Beverages ◽  
Net Profit

This research was conducted with the aim of examining the effect of Current Ratio, Quick Ratio, Net Profit Margin and Return on Equity on stock prices in food & beverage sector companies listed on the Indonesia Stock Exchange from 2013 to 2019. The population is the Food & Beverages sector companies listed on the IDX in 2013-2019. The sample was taken using purposive sampling method, so that the sample becomes 70 observation. This research was classified as quantitative research and the type of research is descriptive. The data analysis technique was carried out by using multiple linear regression test using the SPSS ver 25 analysis tool. The results showed that Current Ratio partially has a negative and insignificant effect on stock prices. Quick Ratio partially has a positive and insignificant effect on stock prices. Net Profit Margin partially has a positive and significant effect on stock price. And, Return on Equity partially has a negative and insignificant effect on stock prices. Meanwhile, simultaneously, Current Ratio, Quick Ratio, Net Profit Margin and Return on Equity have a positive and significant effect on stock prices in food and beverages sector companies listed on the Indonesia Stock Exchange in 2013-2019.

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