scholarly journals Pengaruh Return On Asset, Current Ratio, Debt to Equity Ratio dan Inventory Turnover Terhadap Return Saham pada Perusahaan Sektor Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Tahun 2017-2019

2021 ◽  
Vol 5 (2) ◽  
pp. 392
Author(s):  
Wahyu Alfrian Marindra ◽  
Easter Inisensia Simbolon ◽  
Laila Anjelia ◽  
Siti Dini

Consumer Goods Sector Manufacturing Companies Listed on Bursa Efek Indonesia From 2017 until 2019 are the objects in this research. The purpose of this research is none other than to knowing how much ROA, CR, DER, and ITO affects the Stock Return. Data taken is the secondary data with sampling method using purposive sampling. Samples obtained for three years of research as many as 66. Analysis technique used is multiple linear regression, with the result obtained that Return On Asset has a positive and significant effect on Stock Returns, Current Ratio doesn’t have an effect and insignificant on Stock Returns, Debt to Equity Ratio doesn’t have an effect and insignificant on Stock Returns, and Inventory Turnover doesn’t have an effect and insignificant on Stock Returns at Manufacturing Companies in  The Consumer Goods Industry Sector Listed on IDXin 2017 until 2019.

2021 ◽  
Vol 14 (1) ◽  
pp. 1
Author(s):  
Tito Rahardian ◽  
Hersugondo Hersugondo

<p><span>Penelitian ini bertujuan untuk menganalisis pengaruh likuiditas, debt to equity ratio, dan ukuran perusahaan terhadap return saham. Populasi yang digunakan dalam penelitian ini adalah seluruh perusahaan yang terdaftar di Bursa Efek Indonesia tahun 2020. Setelah melalui metode purposive sampling terdapat 16 perusahaan yang diperoleh sebagai sampel dari indeks SRI-Kehati selama tahun 2012-2018. Teknik analisis data yang digunakan adalah analisis jalur, versi luas dari regresi linier berganda dan menggunakan alat analisis SPSS versi 23. Hasil penelitian menunjukkan bahwa current ratio dan firm size berpengaruh negatif tidak signifikan terhadap return saham, debt to equity ratio dan ROA berpengaruh positif signifikan terhadap return saham. Rasio lancar dan DER berpengaruh signifikan negatif terhadap ROA, sedangkan ukuran perusahaan berpengaruh signifikan positif terhadap ROA. Sedangkan ROA tidak berpengaruh memediasi hubungan current ratio dan debt to equity ratio terhadap return saham, tetapi ROA berpengaruh memediasi hubungan ukuran perusahaan dengan return saham.</span></p><p><span><em>This study aims to analyze the effect of liquidity, debt to equity ratio, and firm size on stock return. Current ratio used as a proxy from liquidity and ROA were used as proxy from profitability. The population that was used in this research consisted of all listed firms in Indonesia Stock Exchange 2020. After passed the purposive sampling method there were 16 firms obtained as samples from SRI-Kehati index during 2012-2018. The data analysis technique is path analysis, the wide version from multiple linear regression. The result of this research showed that current ratio and firm size have negatively non significant impact on stock returns, debt to equity ratio and ROA have positively significant impact on stock returns. Current ratio and debt to equity ratio have a negatively significant effect on ROA, while firm size has positively significant impact on ROA. Meanwhile, ROA doesn’t have impact on mediating relation of current ratio and debt to equity ratio to stock returns, but ROA have an impact on mediating relation of firm size to stock returns.</em></span></p>


2020 ◽  
Vol 30 (3) ◽  
pp. 785
Author(s):  
Hartono Hartono ◽  
Fiona Audrey ◽  
Widya Sari

This study aims to determine and analyze how the influence of Current Ratio, Inventory Turnover, Fixed Asset Turnover and Debt to Equity Ratio on Stock Price and Profitability as a moderating variable to consumer goods sector companies listed on the Indonesia Stock Exchange (IDX). Population in this study are 39 companies and 14 companies used as samples. This research uses purposive sampling method. The results of this study indicate that the Fixed Asset Ratio and Debt to Equity Ratio affects stock value. By using profitability as a moderator, Current Ratio and Debt to Equity Ratio affects the value of the stock. Keywords: Current Ratio (CR); Inventory Turnover (ITO);  Fixed Asset Turnover (FAT); Debt to Equity Ratio (DER); Stock Price.


2018 ◽  
Vol 6 (1) ◽  
pp. 063-076
Author(s):  
Ningsih Hikmawati ◽  
Adi Wiratno ◽  
Suyanto . ◽  
Darmansyah .

This study is aimed to ascertain and analyse the influence of return on assets, return on equity, debt to equit ratio, inflation, and interest rate, both partiall and simultaneously on the stock returns in manufacturing companies of secondary sectors listed in the Indonesian Stock Exchange. This research uses quantitative methods and EVIEWS panel 8 to analyse the regression. The population are manufacturing companies of secondary sector listed in the Indonesian Stock Exchange consisted of basic and chemical sectors, miscellaneous industry, and consumer goods sector in the period of 2010-2015. The sampling method used is pusposive sampling with the final number of 40 companies. The research required secondary data. The results show that return on assets has no negative effect on stock return, mean while, return on equity and interest rate have positive effect on stock return. Return on assets, return on equity, debt to equity ratio, inflation and interest rate all simultaneously have effect on stock returns.


2021 ◽  
Vol 6 (1) ◽  
pp. 67-77
Author(s):  
Corinna Wongsosudono ◽  
Mira Br Karo

This study aims to analyze the effect of  Price Earning Ratio, Debt to Equity Ratio and Return On Asset on Stock Price in manufacturing companies listed in BEI. The variables tested in this study are independent variabels consisting of Price Earning Ratio, Debt to Equity Ratio and Return On Asset and dependent variable is the Stock Price. The population in this study is the food and beverage sub-sector manufacturing companies that registered in BEI 2016-2018, as many as 19 companies. The number of samples in this study are 10 companies, the data used in this study are secondary data obtained from the site www.idx.co.id and sample selection using purposive sampling method. The data analysis technique used is multiple linear regression of a significance level of 5%. The conclusion of this study is that the Price Earning Ratio, and Debt to Equity Ratio do not have a partial effect on Stock Price, while  Return On Asset have a partial effect on Stock Price. Based on simultaneous tests show that the Price Earning Ratio, Debt to Equity Ratio and Return On Asset affect the Stock Price.


2020 ◽  
Vol 4 (4) ◽  
pp. 168
Author(s):  
Rosmeilani Christina Marintan Tiurma ◽  
Indra Widjaja

The research aimed to determine the effect of Current Ratio (CR), Return on Assets (ROA), Debt Equity Ratio (DER) and Cash Position (CP), against the Dividend Payout Ratio (DPR) on manufacturing companies specially in consumption sector In Indonesia Stock Exchange for period 2015-2017. This study also purposes to determine the effect of Current Ratio (CR), Return on Assets (ROA), Debt Equity Ratio (DER) and Cash Position (CP) simultaneous against the Dividend Payout Ratio (DPR). This research was used a causal associative method by taking secondary data. The selection of sample used purposive sampling method. From the predetermined criteria obtained a sample of 13 companies. Analysis using SPSS Program.Based on statistical t test, the result of the research shows that Return on Assets (ROA) had a significant, negative effect on Dividend Payout Ratio (DPR). Meanwhile, other variables like Current Ratio (CR), Debt to Equity Ratio (DER) and Cash Position (CP) did not affect the Dividend Payout Ratio (DPR). Based on F test indicates that variables Current Ratio (CR), Return on Assets (ROA), Debt to Equity Ratio (DER) and Cash Position (CP) simultaneously affect Dividend Payout Ratio (DPR) on manufacturing companies on consumption sector listed in Indonesia Stock Exchange for period 2015-2017.


2019 ◽  
Vol 10 (2) ◽  
pp. 110-123
Author(s):  
Davin Valerian ◽  
Ratnawati Kurnia

Profit growth was important information for investors and company itself to make the right decisions. The objective of this research is to examine empirical evidence about solvability ratio, activity ratio, liquidity ratio, and book tax differences towards profit growth. The objects in this research are retail and manufacturing companies listed at Indonesian Stock Exchange for the period 2014-2015. The data used in this research was secondary data collected from financial statements at Indonesian Stock Exchange. The samples were selected using purposive sampling method. The data analysis technique used in this research is multiple regression. The results of this research showed that book tax differences proxied by permanent differences has significant effect towards profit growth. Then solvability ratio proxied by debt to total asset and debt to equity ratio have no significant effect towards profit gowth. Activity ratio proxied by inventory turnover, liquidity ratio proxied by current ratio, and book tax differences proxied by temporary differences have no significant effect towards profit growth.Keywords: Activity Ratio, Book Tax Differences, Liquidity Ratio, Profit Growth, Solvability Ratio


2015 ◽  
Vol 7 (1) ◽  
pp. 54-69
Author(s):  
Meliana Jaunanda ◽  
Baby Amelia Fransesca

The objective of this research is to examine the effect of liquidity ratio, profitability ratio, solvabilitas ratio and market ratio both partially and simultaneously towards stock return. The liquidity ratio is proxied by Current Ratio; the profitability ratio is proxied by Return On Assets; the solvabilitas ratio is proxied by Debt to Equity Ratio and the market ratio is proxied by Price to Book Value. The testing method used in this research is linear regression.The objects of this study are manufacturing companies sub sector chemical which were listed in Bursa Efek Indonesia in the period 2011-2013. The samples are 20 companies determined based on purposive sampling. The data used in this study are secondary data such as financial statements and stock prices.The results of this study are (1) profitability ratio is proxied by Return On Assets partially have a significant effect towards stock return. (2) liquidity ratio proxied by Current Ratio partially, profitability ratio is proxied by Return On Assets; solvabilitas ratio is proxied by Debt to Equity Ratio and market ratio is proxied by Price to Book Value simultaneously have a significant effect towards stock return. Profitability ratio is proxied by Return On Assets partially have a significant effect towards stock return. Keywords: Current Ratio (CR), Debt to Equity Ratio (DER), liquidity ratio, market ratio, Price to Book Value (PBV), profitability ratio, Return On Assets (ROA), solvabilitas ratio, stock return.


2020 ◽  
Vol 6 (2) ◽  
pp. 90-105
Author(s):  
Destiana Kumala

Abstract This study aims to examine the effect of profitability on stock returns with firm value as the mediating variable. The population in this study are manufacturing companies in the consumer goods industry sector which are listed on the Indonesian Sharia Shock Index (ISSI), the independent variable in this study is profitabilty (X), proxied by using return on equity, the dependent variable stock returns (Y). As measured by the calculation of the stock return formula and the mediating variable, namely the firm value (Z) is proxied by the price to book value (PBV). This research method uses quantitative research methods using secondary data. Samples were taken based on predetermined criteria. From the sampling method applied, it was obtained 13 manufacturing companies in the consumer goods industry sector that were listed on the Indonesia Sharia Stock Index (ISSI) 2013 – 2017 with data analysis using the SPSS 22 program. The results showed that profitability had an effect on firm value, profitability had no effect on stock return, firm value had an effect on stock returns, profitability had an effect on stock returns mediated by firm value. keywords : profitability,stock return, firm value


2019 ◽  
pp. 28-46
Author(s):  
Ria Veronica Sinaga

This study aims to determine the effect of Inventory Turnover (ITO), Debt to Equity Ratio (DER), Return On Assets (ROA), Earning Per Share (EPS), Price Earning Ratio (PER) to Stock Returns on registered Food and Beverage Companies on the Indonesia Stock Exchange. The benefit of research is to provide information material to investors in making investment decisions. The number of companies to be sampled is 10 Food and Beverage Companies, namely: PT. Akasha Wira International Tbk (ADES), PT. Tiga Pilar Sejahtera Food Tbk (AISA), PT. Cahaya Kalbar Tbk (CEKA), PT. Multi Bintang Indonesia Tbk (MLBI), PT. Multi Bintang Indonesia Tbk (MLBI), PT. Sekar Laut Tbk (SKLT), PT. Ultrajaya Milk Industry and Trading Company Tbk (ULTJ), PT. Prashida Aneka Niaga Tbk (PSDN), PT. Indofood Sukses Makmur Tbk (INDF), PT. Delta Djakarta Tbk (DLTA), and PT. Mayora Indah Tbk (MYOR). In this study, secondary data is used, namely the Financial Report of Food and Beverage Companies listed on the Indonesia Stock Exchange for the period 2012-2016 which can be accessed via the internet. The data analysis method used is multiple regression analysis. Based on the results of the study, the regression equation was obtained as follows: Return = - 42,736 + 0,731 ITO + 13,582 DER + 3,306 ROA - 0,003 EPS + 3,203 PER + e showed that the ITO variable had a positive and not significant effect, the DER variable had a positive and insignificant effect. ROA variable has a positive and significant effect, EPS variable has a negative and not significant effect, and PER variable has a positive and significant effect on stock returns. ITO, DER, ROA, EPS and PER simultaneously influence the stock return of hospitality service companies. adjusted R2 value of 0.164. This means that 16.4 percent of variations in stock return variables can be explained by variations in ITO, DER, ROA, EPS and PER variables while the remaining 83.6 percent is explained by other variables outside the model.


Author(s):  
Siska Gita Pratiwi ◽  
Robiyanto Robiyanto ◽  
Samuel Martono

Investments are made to obtain future benefits. Stocks are one of the most popular investments in the capital market. The advantage that can be obtained from the stock investment is stock returns, where the returns obtained can be positive or negative. This study aims to analyze the influence of fundamental and macroeconomic factors on stock returns of manufacturing companies listed on the Indonesia Stock Exchange from 2016 to 2019. This study used secondary data and the sample of this research was 37 manufacturing companies obtained through the purposive sampling method with panel regression as the data analysis. The results showed that the fundamental factors that affect stock returns are Price to Book Value (PBV), while the Debt to Equity Ratio (DER) and Price to Earnings Ratio (PER) do not affect manufacturing stock returns. Some macroeconomic factors such as inflation, the BI Rate, and changes in world oil prices proved to not affect the stock returns of manufacturing companies. This research implies that manufacturing companies need to pay attention to Price to Book Value (PBV) in determining stock returns.


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