The Effect of Current Ratio, Debt To Equity Ratio, And Return On Asset On Stock Price

Abstract

Investment is increasingly experiencing positive growth, including in the form of stocks that over time are growing and certainly have an impact on the stock price. This research was conducted with the aim of knowing whether liquidity, solvency and profitability play a role in stock price fluctuations. Eighteen companies listed on the IDX and included in the food and beverage subsector category were designated as populations and used purposive sampling techniques to produce samples. The research method used is quantitative method using multiple linear regression analysis with the help of SPSS software application version 16 as a tool for data processing. This study produced findings including current ratio that reflects liquidity has a significant influence on the share price, debt to equity ratio as solvency does not affect the stock price, return on assets that describe profitability has a significant impact on the share price. While based on test results F obtained results that the three independent variables in this study simultaneously have a significant influence on dependent variables.