KISRUH LAPORAN KEUANGAN : BAGAIMANAKAH KINERJA KEUANGAN PT GARUDA INDONESIA TBK?

Garuda Indonesia Tbk is the best airline company in Indonesia. However, the chaos in Garuda Indonesia Tbk's financial statements that occurred in 2018 caused a decline in financial performance which was reflected in the company's stock price. This study was conducted to determine the financial performance of Garuda Indonesia Tbk seen from the effect of the liquidity ratio (current ratio) on the company's stock price with the profitability ratio (return on assets) as an intervening variable. The results showed that the liquidity ratio had an effect on Garuda Indonesia's stock price. However, the liquidity ratio does not affect the company's profitability. In addition, the profitability ratio also has no significant effect on stock prices. Finally, the profitability ratio is not able to mediate the effect of the liquidity ratio on the stock price of Garuda Indonesia Tbk.

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Analisis Hubungan Aspek Fundamental Terhadap Harga Saham

Jurnal Inspirasi Bisnis dan Manajemen ◽

10.33603/jibm.v2i1.1065 ◽

2018 ◽

Vol 2 (1) ◽

pp. 1

Author(s):

Maiyaliza Maiyaliza

Keyword(s):

Stock Prices ◽

Stock Price ◽

Secondary Data ◽

Financial Statements ◽

Return On Assets ◽

Current Ratio ◽

Correlational Research ◽

Food And Beverage ◽

Equity Ratio ◽

Independent Variable

Abstract. This study aims to analyze the fundamental aspects of stock prices. Variable in this research is independent variable (X) that is Current Ratio, Return On Assets, Debt to Equity ratio, while the independent variable (Y) is stock price. The type of research is correlational research is a study that connects one variable with other variables. The method used is a quantitative method using secondary data from financial statements of food and beverage companies in 2014-2016. Method of data analysis which is a test of normality and pearson loss test. The result of this research shows that there is a significant positive correlation between variable (X1) Current Ratio and variable (X2) Return On Asset with variable (Y) stock price, while there is negative but not significant relationship between variable (X3) Debt to Equity Ratio with variable (Y) stock price. Keywords: Current Ratio; Debt to Equity Ratio; Return On Assets; Stock price. Abstrak. Penelitian ini bertujuan untuk menganalisis hubungan aspek fundamental terhadap harga saham. Variabel dalam penelitian ini adalah variabel bebas (X) yaitu Current Ratio, Return On Assets, Debt to Equity ratio, sedangkan variabel terikatnya (Y) yaitu harga saham. Jenis penelitian ini adalah penelitian korelasional yaitu penelitian yang menghubungkan satu variabel dengan variabel lainnya. Metode yang digunakan yaitu metode kuantitatif dengan menggunakan data sekunder dari laporan keuangan perusahaan foods and beverages tahun 2014-2016. Metode analisis data yang digunakan adalah uji normalitas dan uji korelasi pearson. Hasil dari penelitian ini menunjukkan adanya hubungan positif yang signifikan antara variabel (X1) Current Ratio dan variabel (X2) Return On Assets dengan variabel (Y) harga saham, sedangkan terdapat hubungan negatif tetapi tidak signifikan antara variabel (X3) Debt to Equity Ratio dengan variabel (Y) harga saham. Kata Kunci : Current Ratio; Debt to Equity Ratio; Return On Assets; Harga Saham.

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PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN PERBANKAN BUMN DI BURSA EFEK INDONESIA PERIODE TAHUN 2010-2017

Jurnal Ilmiah Ekonomi Bisnis ◽

10.35972/jieb.v5i2.268 ◽

2019 ◽

Vol 5 (2) ◽

Author(s):

Defry Wijaya Rimba ◽

Muthia Harnida

Keyword(s):

Financial Performance ◽

Stock Prices ◽

Stock Price ◽

Stock Exchange ◽

Capital Adequacy ◽

Profit Margin ◽

Return On Assets ◽

Capital Adequacy Ratio ◽

Net Profit ◽

Price Earnings Ratio

Abstract: The aim of this research is to examine the effect of financial performance on the stock prices of state-owned (BUMN) banking companies in the Indonesian Stock Exchange for the period 2010-2017.The financialperformance consists of Non Performing Loans, Return on Assets, Capital Adequacy Ratio, Price Earning Ratio, and Net Profit Margin. The analysis in this study used the multiple linier regression with 32 observations. Simultaneously all variables affect the stock price of Banking Companies of BUMN that listed on the Indonesian Stock Exchange for the period of 2010-2017. But partially, the variables which affect the stock price are only Return On Assets, Capital Adequacy Ratio, and Net Profit Margin. Whereas the variable of Non Performing Loans and Price Earning Ratio do not affect the stock price of Banking Companies of BUMN in the Indonesian Stock Exchange for the period of 2010 until 2017 Keywords: Performance, Non Performing Loans, Return On Assets, Capital Adequacy Ratio, Price Earning Ratio, Net Profit Margin, Stock Price Abstrak: Tujuan penelitian ini adalah untuk menguji pengaruh kinerja keuangan terhadap harga saham pada perusahaan perbankan BUMN yang terdaftar di Bursa Efek Indonesia untuk periode 2010-2017. Kinerja keuangan yang diuji meliputi Non performace Loans (NPL), Return on assets (ROA), CapitalAdequacy Ratio (CAR), Price Earnings Ratio(PER),dan Net Profit Margin (NPM). Hasil penelitian dengan menggunakan analisis regresi linier berganda,dengan sampel sebanyak 32 observasi menunjukkkan hasil bahwa secara simultan semua variabel yang terdiri dari Non performace Loans (NPL), Return on assets (ROA), CapitalAdequacy Ratio (CAR), Price Earnings Ratio(PER),dan Net Profit Margin (NPM) berpengaruh terhadap harga saham . Sedangkan secara parsial variabel yang berpengaruh terhadap harga saham adalah return on assets (ROA), CapitalAdequacy Ratio (CAR), dan Net Profit Margin (NPM), sementara Non Performing Loans (NPL) dan Price Earnings Ratio (PER) secara statistik tidak berpengaruh terhadap harga saham perusahan perbankan BUMN yang terdaftar di Bursa Efek Indonesia untuk periode pengamatan 2010-2017 Kata kunci : Kinerja, Non Performing Loans, Return On Assets, Capital Adequacy Ratio, Price Earning Ratio, Net Profit Margin, harga saham

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PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN INDUSTRI MAKANAN DAN MINUMAN DI BURSA EFEK INDONESIA

Ilmu Manajemen ◽

10.32502/jimn.v6i2.1584 ◽

2019 ◽

Vol 6 (2) ◽

pp. 151

Author(s):

Bima Arif Oktianto

Keyword(s):

Linear Regression ◽

Financial Performance ◽

Stock Prices ◽

Stock Exchange ◽

Financial Statements ◽

Profit Margin ◽

Current Ratio ◽

Net Profit ◽

Food And Beverage ◽

Equity Ratio

The present study aims to investigate the influence of financial performanceof the stock prices on food and beverage industries in the Indonesia StockExchange that are Current Ratio (CR), Debt to Equity Ratio (DER), TotalAssets Turnover (TATO), and Net Profit Margin (NPM).This study usedsecondary data that obtained from the financial statements of IndonesianCapital Market Directory (ICMD) based on the publication of the IndonesiaStock Exchange. The sample used in this study were enterprises food andbeverage industries listed in the Indonesia Stock Exchange in 2011 – 2015.The data were analyzed by using multiple linear regression analysis.Theresults of this study indicated that there was significant effect simultaneouslybetween financial performance [Current Ratio (CR), Debt to Equity Ratio(DER), Total Assets Turnover (TATO), and Net Profit Margin (NPM)] towardthe stock prices on food and beverage industries in Indonesia stockExchange in 2011 - 2015. While partially showed that of the fourindependent variables, which indicated the presence of significant influencewere Current Ratio (CR), Total Assets Turnover (TATO), and Net ProfitMargin (NPM) to the stock prices on food and beverage industries inIndonesia stock Exchange in 2011-2015.

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PENGARUH CR, DER, ROA, DAN PER TERHADAP HARGA SAHAM PADA PERUSAHAAN FARMASI DI BEI

E-Jurnal Manajemen Universitas Udayana ◽

10.24843/ejmunud.2019.v08.i03.p24 ◽

2019 ◽

Vol 8 (3) ◽

pp. 1844

Author(s):

Indah Sulistya Dwi Lestari ◽

Ni Putu Santi Suryantini

Keyword(s):

Stock Prices ◽

Stock Price ◽

Stock Exchange ◽

Participant Observation ◽

Linear Regression Analysis ◽

Asset Price ◽

Sampling Technique ◽

Return On Assets ◽

Current Ratio ◽

Equity Ratio

This study aims to see stock price stability at a Pharmacy company listed on the Indonesia Stock Exchange (IDX) for the period 2014 - 2016 by using several variables such as Current Ratio, Debt to Equity Ratio, Return on Assets and Price Earning Ratio. This research is a type of quantitative research which used fundamental analysist by referring to an analysis of company performance that is used to predict stock prices in the future. The method of determining the sample in this study is based on purposive sampling technique that is in accordance with the criteria of eight pharmacy companies. The data used in this study were collected through non-participant observation methods using the data contained in the IDX. Testing of the hypothesis in this study using multiple linear regression analysis. The test results show that there is no significant influence on stock prices when using Current Ratio, Debt to Equity Ratio, Return on Assets and Price Earning Ration. On the contrary, Price Earning Ration partially has a positive and significant effect on the stock price of pharmaceutical companies in the 2014-2016 period. Keywords: fundamental analysis, current ratio, debt to equity ratio, return on asset, price earning ratio, stock price

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Analisis Rasio Keuangan Sebagai Tolok Ukur Kinerja Keuangan Badan Usaha Milik Desa (Bumdes) Arum Dalu Ngabar

ASSET: Jurnal Manajemen dan Bisnis ◽

10.24269/asset.v1i2.2565 ◽

2018 ◽

Vol 1 (2) ◽

Author(s):

Govindha Zahra Maharyani ◽

Dwiati Marsiwi ◽

Titin Eka Ardiana

Keyword(s):

Financial Performance ◽

Financial Statements ◽

Profit Margin ◽

Return On Assets ◽

Current Ratio ◽

Return On Equity ◽

Average Value ◽

Net Profit ◽

Equity Ratio ◽

The Republic

BUMDes is a new line of business that is being promoted by the Government of the Republic of Indonesia. Establishment of BUMDes is intended to realize the Autonomous Village program. This study aims to determine the financial performance of BUMDes Arum Dalu Ngabar from 2015 to 2018. The assessment indicators are using Current Ratio, Debt to Equity Ratio, Return on Equity, Total Assets Turn Over, Net Profit Margin, and Return on Assets. The population in this study is all financial statements belonging to BUMDes Arum Dalu in 2015-2018. The sample used is the Arum Dalu BUMDes financial statements in 2015-2018. The data used are secondary data and data collection techniques by obtaining documents through other people. The data analysis technique in this study is the analysis of financial ratios. This study shows the results that the current ratio assessment is categorized Very Poor, with an average value of 2.492%. Debt to equity ratio is categorized Very Good, with an average value of 2.54%. Return on Equity is categorized as Fair, with an average value of 10.8%. Total assets turnover is categorized as Very Poor, with an average value of 0.19 times. Net profit margin in 2015-2018 is categorized Very Good with an average value of 51.5% and Return on assets is also categorized Very Good, with an average value of 10.5%. Based from the evaluation indicators of the Republic of Indonesia State Minister for Cooperatives, Small and Medium Enterprises Number. 06 / Per / M.KUKM / V / 2006 as a whole, the financial performance of BUMDes Arum Dalu is in the Fair category. Thus, the financial performance of BUMDes Arum Dalu really needs to be improved.

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PENGARUH INTELEKTUAL KAPITAL TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN SECTOR PERBANKAN YANG TERDAFTAR DI BURSA EFEK JAKARTA PERIODE 2008-2012

AdBispreneur ◽

10.24198/adbispreneur.v1i3.11206 ◽

2017 ◽

Vol 1 (3) ◽

Author(s):

Jauhar Arifin

Keyword(s):

Financial Performance ◽

Intellectual Capital ◽

Stock Prices ◽

Stock Price ◽

Historical Data ◽

Stock Exchange ◽

Financial Statements ◽

Component Analysis ◽

Financial Statement ◽

Postal Code

THE INFLUENCE OF INTELLECTUAL CAPITAL ON FINANCIAL PERFORMANCE OF BANK SECTOR COMPANIES LISTED AT JAKARTA STOCK EXCHANGEIN PERIOD 2008-2012 Jauhar ArifinSTIA Tabalong Kalimantan Selatan, Indonesia, Postal Code 71571Email: [email protected] ABSTRACT The unit of analysis in this study is bank sector companies listed at Jakarta Indonesia Stock Exchange in period 2008-2012. This unit data is represented by the audited company's financial statements and historical data of stock prices in Indonesia Stock Exchange. Financial statement data and historical data of the company's stock price used are from the year of 2008 to 2012. Companies sampled in the study only companies which meet the sampling criteria as many as 26 x 5 = 130 companies. Data analysis is Generalized Structured Component Analysis (GSCA). Result of research indicates that Intellectual Capital significantly influences Financial Performance. Keywords: intellectual capital, financial performance PENGARUH INTELEKTUAL KAPITAL TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN SECTOR PERBANKAN YANG TERDAFTAR DI BURSA EFEK JAKARTA PERIODE 2008-2012 ABSTRAK Unit analisis pada penelitian ini adalah perusahaan sektor perbankan yang terdaftar di Bursa Efek Jakarta Periode 2008-2012. Data penelitian ini bersumber dari laporan keuangan yang telah diaudit dan data historis harga saham di Bursa Efek Indonesia. Data keuangan dan data historis harga saham perusahaan yang digunakan adalah dari tahun 2008 sampai 2012. Perusahaan sampel dalam penelitian ini hanya perusahaan yang memenuhi kriteria sampling sebanyak 26 x 5 = 130 perusahaan. Analisis data adalah Generalized structural component analysis (GSCA). Hasil penelitian menunjukkan bahwa intelektual kapital secara signifikan berpengaruh terhadap kinerja keuangan. Kata kunci: intelektual kapital, kinerja keuangan

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PENGARUH INFORMASI KEUANGAN DAN AKSI KORPORASI TERHADAP HARGA SAHAM PERUSAHAAN INDUSTRI DASAR DAN KIMIA TAHUN 2015-2017

Jurnal Akuntansi Bisnis ◽

10.30813/jab.v12i2.1777 ◽

2019 ◽

Vol 12 (2) ◽

Author(s):

Veny Veny

Keyword(s):

Stock Prices ◽

Stock Price ◽

Stock Exchange ◽

Financial Statements ◽

Financial Ratios ◽

Return On Assets ◽

Company Stock ◽

Earnings Per Share ◽

Equity Ratio ◽

Chemical Companies

<div class="WordSection1">ABSTRACT: This study wants to see the influence of financial information issued by companies, such as financial ratios to changes in company stock prices. The financial ratios examined for their influence on stock prices include: return on assets, earnings per share, dividend per share and debt equity ratio. The population of this study were basic industrial and chemical companies that were listed on the Indonesian stock exchange during 2015-2017, of which 18 basic industry and chemical companies listed during the study period were taken by 18 companies as research samples namely companies that reported financial statements in full, do not have negative earnings, report financial statements using IDR currency and do not do stocksplit during the year of the study.This research was conducted using multiple regression methods to see the effect of return on assets, earnings per share, dividend per share and debt equity ratio to stock prices. From the results of the study it is known that the ratio of return on assets, dividend per share and debt equity ratio has a positive and not significant effect on stock prices, while earnings per share has a significant positive effect on stock prices. With this research, investors are expected to be able to utilize existing financial data to be able to anticipate stock price movements so that investors can benefit and avoid possible losses.Keyword : Financial Ratio, Return on Assets, Earning Per Share, Dividend Per Share dan Debt Equity Ratio, stock price. ABSTRAK: Penelitian ini ingin melihat pengaruh dari informasi keuangan yang diterbitkan perusahaan, seperti rasio keuangan terhadap perubahan harga saham perusahaan. Rasio keuangan yang diteliti pengaruhnya terhadap harga saham antara lain: return on assets, earning per share, dividend per share dan debt equity ratio. Populasi dari penelitian ini adalah perusahaan industri dasar dan kimia yang terdaftar pada bursa efek Indonesia selama tahun 2015-2017, dimana dari 55 perusahaan industri dasar dan kimia yang terdaftar selama periode penelitian diambil 18 perusahaan sebagai sampel penelitian yaitu perusahaan yang melaporkan laporan keuangan secara lengkap, tidak memiliki laba negatif, melaporkan laporan keuangan dengan menggunakan mata uang IDR dan tidak melakukan stocksplit selama tahun penelitian.Penelitian ini dilakukan dengan menggunakan metode regresi berganda untuk melihat pengaruh dari return on assets, earning per share, dividend per share dan debt equity ratio terhadap harga saham. Dari hasil penelitian diketahui bahwa rasio return on assets, dividend per share dan debt equity ratio berpengaruh positif tidak signifikan terhadap harga saham, sedangkan earning per share berpengaruh positif signifikan terhadap harga saham. Dengan adanya penelitian ini diharapkan investor dapat memanfaatkan data keuangan yang ada untuk dapat mengantisipasi pergerakkan harga saham sehingga investor bisa mendapatkan keuntungan dan menghindari kerugian yang mungkin terjadi.Kata Kunci: Rasio keuangan, Return on Assets, Earning Per Share, Dividend Per Share dan Debt Equity Ratio, Harga saham</div>

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Pengaruh ROA, CR, dan DER terhadap harga saham perusahaan manufaktur subsektor food and beverage yang terdaftar di BEI Tahun 2015-2019

Jurnal Paradigma Ekonomika ◽

10.22437/jpe.v16i3.12664 ◽

2021 ◽

Vol 16 (3) ◽

pp. 571-580

Author(s):

Zulham Azari Lubis ◽

Thomas Firdaus Hutahaean ◽

Silvia Kesuma ◽

Anju Veronika Karin

Keyword(s):

Stock Prices ◽

Stock Price ◽

Stock Exchange ◽

Substantial Effect ◽

Manufacturing Companies ◽

Return On Assets ◽

Current Ratio ◽

Food And Beverage ◽

Equity Ratio ◽

Purposive Sample

This study was made to know the effect of return on assets, current ratio, and debt to equity ratio on stock prices of manufacturing companies in the food and beverage sub-sector listed on the Indonesia Stock Exchange in the 2015-2019 period. This study uses a quantitative approach with a descriptive statistical analysis type. The data used is sourced from financial data on the Indonesia Stock Exchange and has been selected based on predetermined criteria. The population in this study amounted to 31 companies, using a purposive sample. The samples obtained were ten companies in the last five years. The results of this study indicate that partially the current ratio and debt to equity ratio do not have a positive and significant effect on stock prices. Partly, the return on assets has a positive and significant impact on stock prices. Return on assets, current ratio, and debt to equity ratio as independent variables simultaneously have a substantial effect on the variable stock price of manufacturing companies.

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Pengaruh Likuiditas, Debt to Equity Rasio dan Return on Asset Terhadap Harga Saham Perbankan yang Terdaftar di Bursa Efek Indonesa Periode 2014-2016

10.31227/osf.io/bqsa6 ◽

2019 ◽

Author(s):

Tan Kim Hek

Keyword(s):

Stock Prices ◽

Stock Price ◽

Stock Exchange ◽

Secondary Data ◽

Return On Assets ◽

Current Ratio ◽

Financial Report ◽

Share Prices ◽

Simultaneous Test ◽

Equity Ratio

This study aims to examine the effect of Liquidity, Debt to Equity and Ratio Return On Assets on stock prices on banking companies listed on the Indonesia Stock Exchange for the period 2012-2016 both partially and simultaneously.The data in this study are secondary data obtained from the Indonesia Stock Exchange website. While the research data sources are: Financial Report of Banking Companies downloaded from the Indonesia Stock Exchange website in 2014 to 2016. The number of samples used is 24 companies taken from a population of 41 companies with year observation figures of 3 years so that the number of observations in this study is as much as 72 observations. The analytical method used in this study is using multiple regression analysis, partial test, simultaneous test and determination test, where the classical assumption has been previously performed.The results showed that the Return On Asset partially affects the stock price as evidenced by a significant value less than 0.05, while Current Ratio and Debt to Equity Ratio have no effect. Simultaneously Current Ratio, Debt to Equity Ratio and Return On Asset affect the stock price in Banking companies listed on the Indonesia Stock Exchange as evidenced by a significant value less than 0.05.Conclusions from the results of this study indicate that partially Return On Asset affects the stock price, while Debt to Equity Ratio and Current Ratio have no effect. Simultaneously Current Ratio, Debt to Equity Ratio and Return On Asset affect the stock price in Banking companies listed on the Indonesia Stock Exchange..Keywords: Current Ratio, Debt To Equity Ratio, Return On Assets and Share Prices

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FAKTOR-FAKTOR YANG MEMPENGARUHI HARGA SAHAM PERUSAHAAN FOOD & BEVERAGES YANG TERDAFTAR DI BURSA EFEK INDONESIA

Jurnal GeoEkonomi ◽

10.36277/geoekonomi.v9i1.17 ◽

2018 ◽

Vol 9 (1) ◽

pp. 18-31

Author(s):

Nadi hernadi Moorcy

Keyword(s):

Financial Performance ◽

Stock Prices ◽

Stock Price ◽

Stock Exchange ◽

Sampling Technique ◽

Return On Assets ◽

Asset Return ◽

Return On Equity ◽

Purposive Sampling ◽

A Company

Abstrak Harga saham dapat mencerminkan nilai dari suatu perusahaan. Perusahaan yang kinerja keuangannyabaik, sahamnya akan banyak diminati oleh investor. Salah satu yang diperhatikan dalam pencapaian kinerja suatu perusahaan adalah laba. Rasio yang digunakan sebagai pengukur kinerja keuangan perusahaan antara lainReturn On Assets (ROA), Return On Equity(ROE) dan Earning Per Share (EPS).Penelitian ini bertujuan untuk mengetahui dan membuktikan secara empiris pengaruh Return On Asset, Return On Equity dan Earning Per Shareterhadap harga saham pada perusahaan Food & Beverages yang terdaftar di Bursa Efek Indonesia periode 2010-2015. Teknik pengambilan sampel menggunakan purposive sampling dengan jumlah sampel sebanyak 10 perusahaan. Data dianalisis dengan menggunakan analisis linear berganda. Hasil penelitian secara parsialmenunjukan bahwa ROA tidak berpengaruh terhadap harga saham, ROE tidak berpengaruh terhadap harga saham, sedangkan EPS berpengaruh terhadap harga saham. Secara simultan ROA, ROE dan EPS berpengaruh terhadap harga saham. Abstract Stock prices may reflect the value of a company. Companies whose financial performance is good, its shares will be much in demand by investors. One that is considered in the achievement of a company's performance is profit. Ratios used as a measure of corporate financial performance include Return On Assets (ROA), Return On Equity (ROE) and Earning Per Share (EPS). This study aims to determine and prove empirically the influence of Return On Assets, Return On Equity and Earning Per Share to stock prices at Food & Beverages companies listed on the Indonesia Stock Exchange 2010-2015 period. The sampling technique used purposive sampling with the number of samples of 10 companies. Data were analyzed by using multiple linear analysis. The results of partially show that ROA does not affect the stock price, ROE do not affect the stock price, while the EPS effect on stock prices. Simultaneously ROA, ROE and EPS effect on stock prices.

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