scholarly journals PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, RETURN ON EQUITY, TOTAL ASSET TURNOVER, DIVIDEN PAYOUT RATIO TERHADAP RETURN SAHAM PADA PERUSAHAAN OTOMOTIF

Media Bisnis ◽  
2020 ◽  
Vol 11 (2) ◽  
pp. 155-162
Author(s):  
MATIUS WAHYUDI ◽  
TITA DEITIANA

The purpose of this research is to test and analyze empirically the influence of current ratio, debt to equity ratio, return on equity, total asset turnover, and dividen payout ratio toward stock return. The object of this research is automotive sector companies that listed in Indonesia Stock Exchange period 2009-2015. The purposive sampling is used as sampling technique, where 8 companies met the criteria and were analyzed using Eviews9 panel data regression with fixed effect model to test the hyphotesis. The result of this research shows that current ratio, return on equity, total asset turnover influence stock return, while debt to equity ratio, and dividen payout ratio do not influence stock return.

Author(s):  
P. Sihombing Sihombing ◽  
Fanny Ferdiantoputera Sinaga

This research aims to examine and analyze the effect of current ratio, total asset turnover, debt to equity ratio and return on equity on the value of stock of textile and garment companies in the Indonesia Stock Exchange for the period of 2012 to 2019. This research uses annual data for the observation period from 2012 to 2019. The population is textile and garment companies listed on the Indonesia Stock Exchange in 2012 to 2019 and up to 19 companies. The sampling technique used purposive sampling, found a sample of 7 companies with 8 years observation so that the total observation obtained was 56. The model used is the Common Effect Model. The results of the analysis show that the total asset turnover have a significant negative effect and return on equity have a significant positive effect, while the current ratio and debt to equity ratio have no significant effect on stock returns of textile and garment companies in the Indonesia Stock Exchange for the period of 2012 to 2019.


2019 ◽  
Vol 3 (2) ◽  
pp. 297
Author(s):  
Mahmudin Mahmudin ◽  
Elfreda Aplonia Lau ◽  
Beatrix Tandirerung

This research was conducted to know and analysis the effect of Current Ratio (CR), Debt to Equity Ratio (DER), Total Asset Turnover (TAT) and Firm Size (FS) on Return on Equity (ROE) in mining companies listed on the Indonesia Stock Exchange in 2013 -2018. The study was conducted using multiple linear regression methods.The results of research say that simultaneously Current Ratio (CR), Debt to Equity Ratio (DER), Total Asset Turnover (TAT) and Firm Size (FS) have a significant effect on Return on Equity (ROE. The test results show that Partially Debt to Equity Ratio (DER) and Firm Size (FS) have a positive and significant effect on Return on Equity (ROE). While Total Asset Turnover (TAT) has a positive and significant effect on Return on Equity (ROE). On the other hypothesis testing, Current Ratio (CR) has no significant effect on Return on Equity (ROE).


2018 ◽  
Vol 19 (1) ◽  
pp. 92-102
Author(s):  
NOVIA WIJAYA

The purpose of this research is to analyze the factors affecting on dividend policy of non financial company that listed in Indonesian Stock Exchange for period 2011 until 2013. This research use return on equity (ROE), current ratio (CR), debt to equity ratio (DER), sales growth (SG), investment opportunity set (IOS), size of firm (SIZE), and total asset turnover (TATO). The data are collected from 99 non financial company listed at Indonesian Stock Exchange (BEI) and the observation period are three years. Sampling method used is purposive sampling and data analysis with multiple linear regression. Empirical evidence shows that, sales growth has influence to dividend policy and return on equity, current ratio, debt to equity ratio, investment, size firm, and total asset turnover have not influence to dividend policy.  


JURNAL PUNDI ◽  
2019 ◽  
Vol 3 (1) ◽  
Author(s):  
Kasnita Bawamenewi ◽  
Afriyeni Afriyeni

The purpose of this research is to test the influence of Profitability variable by using Return On Equity (ROE), Leverage by using Debt to Equity Ratio (DER), and Liquidity variabel by using Current Ratio (CR), to the Dividend Payout Ratio (DPR) on manufacturing sector company are listed in Indonesian Stock Exchange in 2013-2017 periods. In this research the data used was obtained from the official IDX website. This research was included in the explanatory research using quantitative approach. Data analysis method used is regression analysis in panel data with the help of application E-Views8. Panel data regression estimatedr using Fixed Effect Model (FEM).The result showed that the profitability has a negative and significant effect on Dividend Payout Ratio, Leverage has a negative and hasn’t significant effect on Dividend Payout Ratio, while Liquidity has a positive and hasn’t significant effect on Dividend Payout Ratio.Keywords: Dividend Payout Ratio,Profitability, Leverage, LiquidityTujuan dari penelitian ini adalah untuk menguji pengaruh variabel Profitabilitas dengan menggunakan Return On Equity (ROE), Leverage dengan menggunakan Debt to Equity Ratio (DER), dan variabel likuiditas dengan menggunakan Current Ratio (CR), terhadap Kebijakan Deviden ( DPR) pada perusahaan sektor manufaktur yang terdaftar di Bursa Efek Indonesia pada periode 2013-2017. Dalam penelitian ini data yang digunakan diperoleh dari situs web resmi BEI. Penelitian ini termasuk dalam penelitian penjelasan dengan menggunakan pendekatan kuantitatif. Metode analisis data yang digunakan adalah analisis regresi data panel dengan bantuan aplikasi E-Views . Data panel regresi menggunakan Fixed Effect Model (FEM). Hasil penelitian menunjukkan bahwa profitabilitas berpengaruh negatif dan signifikan terhadap Kebijakan Deviden, leverage berpengaruh negatif dan tidak signifikan terhadap Kebijakan Deviden, sedangkan likuiditas berpengaruh positif dan tidak signifikan terhadap Kebijakan Deviden.Kata Kunci : Kebijakan Dividen, Profitabilitas, Leverage, Likuiditas 


2018 ◽  
Vol 9 (1) ◽  
pp. 116-130
Author(s):  
Agus Budiwaluyo

This study aimed to examine the influence of variables Current Ratio (CR), Total Asset Turnover (TATO), Return on Investment (ROI), company size (Size) and Inflation on Stock Return firms listed on the Jakarta Islamic Index (JII) 2007-2013.            The sampling technique used was purposive sampling with criteria: (a) Listed in the published list of stocks in the index calculation JII announced the Indonesia Stock Exchange in a row during the study period (b) Registered and active trading in Indonesia Stock Exchange during the period (c) The Company publishes the audited financial statements for the period 2007-2013, (d) Publish an annual report in a row during that period. Obtained a sample of 11 companies from 30 companies registered as members of the Jakarta Islamic Index are listed on the Stock Exchange. Technical analysis used is multiple linear regression and hypothesis testing using the F-test to test the effect of simultaneous and t-test to test the partial effect on stock returns with a significance level of 5%..             Simultaneous testing indicates variables Current Ratio (CR) and Total Asset Turnover (TATO), Return on Investment (ROI), company size (Size) and Inflation significant effect on Stock Return firms listed on the Jakarta Islamic Index (JII ).            Partial test results indicate that the Current Ratio (CR), Return on Investment (ROI) and Firm Size (Size) no significant effect on Stock Return, while the total asset turnover variables and inflation effect on stock returns firms listed on the Jakarta Islamic Index (JII).


2018 ◽  
Vol 2 (1) ◽  
pp. 46-50
Author(s):  
Nenik Mey Yetty ◽  
Prihat Assih ◽  
Gaguk Apriyanto

This study aimed to examine the influence of independent variabel : Current ratio (X1), Debt to Equity Ratio (X2), Total Asset Turnover (X3), Net Profit Margin (X4) and Return on Equity (X5) the Growth Profit (Y) in the period 2012-2016. The research is using secondary data that obtained from Bursa Efek Indonesia (BEI). Sampling technique that used on this research is purposive sampling. The number of samples in this research is about 7 company. Hypothesis testing is done by using multiple linear regression analysis. Result of the research shows that theres positive influence between variabel current ratio, debt to equity ratio, total asset turnover, net profit margin. Return on equity proved no significant effect on against the growth of profit in oil and word gas campany in period 2012-2016.


Tata Kelola ◽  
2020 ◽  
Vol 7 (1) ◽  
pp. 38-46
Author(s):  
Rahmi Nur Islami ◽  
Abdul Rahman Mus ◽  
Nurpadillah Nurpadillah

Penlitian ini dilakukan dengan bertujuan untuk mengetahui dan menganalisis apakah terdapat pengaruh DER terhadap  harga  saham  perusahaan  makanan  dan  minuman  yang terdaftar di Bursa Efek Indonesia,  pengaruh TATO, pengaruh CR dan pengaruh ROE serta pengaruh yang signifikan DER, TATO, CR dan ROE. Penelitian ini menggunakan data sekunder melalui data laporan keuangan perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia sebanyak 15 dari 27 perusahaan dengan 4 tahun yang memenuhi kriteria sebagai sampel , penelitian dilakukan januari sampai maret 2020. Data dianalisis dengan menggunakan program SPSS. Hasil Penelitian ini menunjukkan bahwa : (1) Debt  to  Equity  Ratio  (X1)  berpengaruh negatif tapi tidak signifikan  terhadap  harga  saham  pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (2) Total Asset turnover  (X2)  berpengaruh positif tapi tidak signifikan  terhadap  harga  saham  pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (3) Current Ratio (X3) berpengaruh negatif dan tidak signifkan terhadap harga saham pada perusahaan saham  pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (4) Return   on   Equity   (X4) berpengaruh  positif dan signifikan terhadap   harga   saham   pada perusahaan y perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (5) Debt to Equity Ratio (DER), Total Asset Turnover (TATO), Current Ratio (CR) dan Return on Equity (ROE) berpengaruh positif dan signifikan secara bersama-sama terhadap harga saham pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia. This research was conducted by researching to analyze and analyze the DER of the company's stock prices and beverages listed on the Indonesia Stock Exchange, using TATO, CR and the influence of ROE and showed a significant DER, TATO, CR and ROE. This study uses secondary data through the data of financial statements of food and beverage companies listed on the Indonesia Stock Exchange as many as 15 out of 27 companies with 4 years that meet the criteria as a sample, the study was conducted January to March 2020. Data were analyzed using the SPSS program. The results of this study indicate that: (1) Debt to Equity Ratio (X1) has a negative but not significant effect on stock prices on food and beverage companies listed on the Indonesia Stock Exchange (2) Total asset turnover (X2) is positive but not significant on prices shares in food and beverage companies listed on the Indonesia Stock Exchange (3) Current Ratio (X3) shows a negative and insignificant price of shares in food and beverage companies listed on the Indonesia Stock Exchange (4) Equity Returns (4) X4) positive and significant impact on the price of shares of companies and food and beverage companies listed on the Indonesia Stock Exchange (5) Debt to Equity Ratio (DER), Total Asset Turnover (TATO), Current Ratio (CR) and Return on Capital (ROE) have a positive effect and significant jointly with respect to share prices in food and beverage companies listed on the Indonesia Stock Exchange


2020 ◽  
Vol 2 (2) ◽  
pp. 351
Author(s):  
Yohanes Yohanes ◽  
Maswar Abdi

This study aims to empirically analyze the effect of firm’s financial performance based on financial ratios that is Current Ratio, Debt Equity Ratio, Total Asset Turnover, Return on Equity, and Earnings per Share on stock return of food and beverage companies listed in Indonesia Stock Exchange between 2013-2018. This study adopted the panel data regression  method using Eviews 10 as its tool. The findings of this research concluded that Current Ratio, Debt Equity Ratio, and Return on Equity significantly affected the stock return of food and beverage companies between 2013-2018. This study findings concluded that investors can use those three ratios to predict future stock returns, especially food and beverage companies. Penelitian ini ditujukan untuk menganalisis secara empiris pengaruh kinerja keuangan perusahaan, diukur menggunakan rasio keuangan yaitu Rasio Lancar, Rasio Utang Modal, Rasio Penjualan terhadap Total Aset, Rasio Pengembalian terhadap Modal, dan Rasio Penerimaan per Lembar Saham terhadap tingkat pengembalian saham perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia tahun 2013- 2018. Penelitian ini menggunakan regresi data panel dengan aplikasi Eviews 10. Penelitian ini menyimpulkan bahwa Rasio Lancar, Rasio Utang Modal, dan Rasio Pengembalian terhadap Modal berpengaruh secara signifikan terhadap tingkat pengembalian saham perusahaan makanan dan minuman. Hasil dari penelitian ini menyimpulkan bahwa para investor dapat menggunakan tiga rasio tersebut untuk memprediksi tingkat pengembalian saham di masa depan, khususnya perusahaan makanan dan minuman.


2020 ◽  
Vol 2 (4) ◽  
pp. 855
Author(s):  
Anneke Maria Indriastuti ◽  
Herman Ruslim

This study aims to find out the effect of liquidity ratio, solvency ratio, and activity ratio against the company’s financial performance simultaneously or partially. The independent variable in this study is the Current Ratio, Debt to Equity Ratio, and Total Asset Turnover, while the dependent variable is the Return On Equity. The study is conducted at the companies in Health and Pharmaceutical sectors listed in Indonesia Stock Exchange in the period of 2014-2018. This study adopted the panel data regression method using Eviews 11 as its tool. Result of research indicates that Current Ratio, Debt to Equity Ratio and Total Asset Turnover are influential simultaneously and significantly to Return On Equity. Debt to Equity Ratio is influential partially and significantly to Return On Equity. However, Current Ratio and Total Asset Turnover are not influential significantly to Return On Equity. Tujuan dari penelitian ini adalah untuk mengetahui besarnya pengaruh rasio likuiditas, rasio solvabilitas, dan rasio aktivitas terhadap kinerja keuangan perusahaan baik secara simultan maupun parsial. Variabel bebas dalam penelitian ini adalah Current Ratio (CR), Debt to Equity Ratio (DER), dan Total Asset Turnover (TATO), sedangkan variabel terikatnya adalah Return On Equity (ROE). Penelitian dilakukan pada perusahaan sektor kesehatan dan farmasi yang terdaftar di Bursa Efek Indonesia periode 2014-2018. Penelitian ini menggunakan regresi data panel dengan aplikasi Eviews 11. Hasil penelitian menyimpulkan bahwa terdapat pengaruh secara simultan dari variabel Current Ratio, Debt to Equity Ratio, dan Total Asset Turnover terhadap Return On Equity. Secara parsial hasil menunjukkan bahwa hanya variable Debt to Equity Ratio yang memiliki pengaruh signifikan terhadap Return On Equity, sedangkan Current Ratio dan Total Asset Turnover tidak berpengaruh secara signifikan terhadap Return On Equity


2020 ◽  
Vol 9 (2) ◽  
pp. 206
Author(s):  
Made Galih Wisnu Wardana ◽  
Muhammad Ali Fikri

This research aims to determine the effect of liquidity ratio (CR), solvency ratio (DER), profitability ratio (ROA), and activity ratio (TATO) on the Stock Price. The object that  is  used in this research are property and real estate sub sector companies listed in Indonesia Stock Exchange year 2015-2017. The population in this research is a whole of property and real estate sub sector companies listed in Indonesia Stock Exchange year 2015-2017 were 48 companies. The sampling technique is used purposive sampling with several criteria,  namely property and real estate sub sector companies listed in Indonesia Stock Exchange year 2015-2017, companies that submit financial reports during the research period, and companies that have positive net income report. The number of samples that fit the criteria were 34  companies. Data were analyzed by using data regression analysis with Eviews 6 software. The  results of this  research showed  that current  ratio, debt to equity ratio and total asset turn over are partially have positive and not have significant effect on the stock price, while return on assets have negative and not have significant effect on the stock price. Simultaneously that the current ratio, debt to equity ratio, return on assets and total asset turnover not have  significant effect on  the  stock price. R-square value of 0.019 indicates that the ability of the current ratio, debt to equity ratio, return on assets,  and  total  asset  turnover  while  explaining  the  Stock  Price  is  1.9%,  and  the 98.1% is explained by other variables which not contained in this research.


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