The Effect of Profitability Ratio, Solvability Ratio, and Liquidity Ratio on Stock Price at Sector Company Consumer Non-Cyclicals Listed in Indonesia Stock Exchange Period 2017-2021
Abstract viewed = 0 times
PDF downloaded = 0 times
Turnitin downloaded = 0 times
Abstract
The purpose of this research was to discover, and research the effect of profitability ratio, solvability ratio, and liquidity ratio on stock price at non-cyclical consumer company sectors listed in the Indonesia Stock Exchange period 2017-2021. The sampling technique of this research used purposive sampling, so that the remainder of this sampling research as many as 60 companies of 98 companies. This research is used secondary data. The secondary data usually used of documentation results of the each company. The method used of this research is descriptive analysis test, classic assumption test, model feasibility test, multiple linear regression analysis, and hypothesis test using the application SmartPLS 4. The results of this research are based on the results of the hypothesis test say that profitability ratio and liquidity ratio have a positive and insignificant effect on stock price; and solvency ratio has a negative and significant effect on stock price.
References
Akbar, I., & Djawoto. (2021). The Influence of ROA, DER, Current Ratio on Share Prices in Real Estate Companies on the Indonesian Stock Exchange. Journal of Management Science and Research, 10(1), 1–19.
Almira, NPAK, & Wiagustini, NLP (2020). Return on Assets, Return on Equity, and Earning Per Share Influence Stock Returns. E-Journal of Management, 9(3), 1069–1088.
Annisa, A., Nasaruddin, F., & Mursalim. (2019). The Effect of Return on Assets (ROA), Debt to Equity Ratio (DER), and Earning Per Share (EPS) on Share Prices in Manufacturing Companies Listed on the Indonesian Stock Exchange. Tangible Journal, 4(2), 214–230.
Anwar, Y., Yunsepa, Y., & Meliyani, R. (2020). Analysis of Liquidity Ratios and Profitability Ratios at the Regional Drinking Water Company in Ogan Komering Ulu Regency. Global Ecoment Journal: Business and Management Studies, 5(1), 56–69.
Burhanudin, M., & Cipta, W. (2021). The Influence of Capital Structure and Company Size on Company Value in Wholesale Goods Trading Sub-Sector Companies Listed on the Indonesian Stock Exchange in 2016 - 2018. Journal of Professional Accounting, 12(1), 192–202.
Claudhea, R., G, CM, D, AA, & Mesrawati. (2021). The Influence of Solvency, Economic Value Added, Profitability, Price to Book Value and Liquidity on Stock Returns of Manufacturing Companies listed on the Indonesia Stock Exchange in 2017-2019. Jambi Journal of Accounting and Finance, 6(1), 1–9.
Ernawati, Y., & Purwaningsih, E. (2022). The Effect of Total Cash Flow, Debt to Equity Ratio and Return on Assets on Stock Prices. MEA Scientific Journal: Management, Economics, and Accounting, 6(2), 1708–1726.
Fahmi, I. (2012). Introduction to Capital Markets. Alphabet. Bandung.
_______. (2014). Corporate Financial Management and Capital Markets (First Edition). Media Discourse Partners. Jakarta.
Hamidah, G., & Umdiana, N. (2017). The Effect of Profitability and Investment Opportunity Set (IOS) on Company Value with Share Prices as an Intervening Variable. Serang Raya University Accounting Journal, 3(2), 90–106.
Hasanah, AN, & Ainni, SN (2019). The Influence of Return on Equity (ROE), Earning Per Share (EPS), and Debt to Equity Ratio (DER) on JII Share Prices Listed on the Indonesian Stock Exchange (BEI) in 2018. Academia: Journal of Multidisciplinary Studies, 3(1) , 139–158.
Hidayat, R. (2018). The Influence of Debt to Equity Ratio, Debt to Asset Ratio and Profitability on the Value of Food and Beverages Companies Listed on the Indonesian Stock Exchange. Journal of Accounting and Financial Studies, 2(1), 27–46.
Idris, A. (2021). Profitability and Solvency on Company Value Mediated by Pharmaceutical Company Share Prices in Indonesia. JIMF: Forkamma Management Scientific Journal, 4(2), 134–147.
Junaeni, I. (2017). The influence of EVA, ROA, DER and TATO on share prices in food and beverage companies on the IDX. Owner: Accounting Research and Journal, 2(1), 32–47.
Cashmere. (2012). Financial Report Analysis. PT. Grafindo Persada. Jakarta.
______. (2015). Financial Report Analysis. PT Raja Grafindo Persada. Jakarta.
______. (2019). Financial Report Analysis. PT Raja Grafindo Persada. Jakarta.
Masyitah, E., & Harahap, KKS (2018). Financial Performance Analysis Using Liquidity and Profitability Ratios. Journal of Contemporary Accounting and Finance, 1(1), 33–46.
Nst, UH, Syamsurizal, & Zahri, C. (2021). The Influence of Debt To Asset Ratio, Inventory and Earning Per Share on Share Prices in the Pharmaceutical Subsector Industry Listed on the IDX. Batanghari University Jambi Scientific Journal, 21(1), 249–252.
Prastyo, SA, Akbar, T., & Hendratmoko, S. (2022). The influence of Return on Assets (ROA), Current Ratio (CR), and Debt to Total Asset Ratio (DAR) on Share Prices at PT. Erajaya Swasembada Tbk. Accounting Science Research Journal, 1(2), 14–34.
Putri, AC, & Rachman, AN (2021). Determination of share prices for transportation companies listed on the Indonesian Stock Exchange 2015-2019. FINANCIAL: Journal of Accounting, 7(1), 76–85.
Rahmadewi, PW, & Abundanti, N. (2018). The influence of EPS, PER, CR, and ROE on stock prices at the Faculty of Economics and Business, Udayana University, Bali, Indonesia. Udayana University Management E-Journal, 7(4), 2106–2133.
Sari, HM, Nurhayati, I., & Aminda, RS (2021). The Influence of Current Ratio, Debt to Equity Ratio, Earning Per Share and Price Earning Ratio on Share Prices. Manager: Journal of Management Science, 4(2), 221–228.
Sari, NR, Nurhasanah, N., & Hersona, S. (2022). The Influence of Return on Assets, Debt to Equity Ratio and Debt to Total Asset Ratio on Share Prices in Food and Beverage Sub-Sector Manufacturing Companies Listed on the Indonesian Stock Exchange (BEI) for the 2016 - 2020 Period. COSTING: Journal of Economic, Business and Accounting, 5(2), 1148–1161.
Sarliva, U., Atikah, & Sopini, P. (2017). The influence of Earning Per Share (EPS), Price Earning Ratio (PER), Debt to Asset Ratio (DAR) and Return on Equity (ROE) on Share Prices at PT. Astra Agro Lestari Tbk Period 2006-2015. Scientific Journal of Economics and Business, 8(1), 33–43.
Sujarweni, VW (2019). Business and Economic Research Methodology. Barpress Library. Yogyakarta.
Sulasih, NLMH, Novitasari, NLG, & Widhiastuti, NLP (2021). The Influence of Leverage Ratios, Market Ratios, Profitability Ratios and Company Size on Company Value. KARMA: Accounting Student Research Work, 1(1), 158–167.
Suprapto, H. (2017). Research Methodology for Scientific Work. Goshen Publishing.
Susanti, W., Kesuma, IM, Maya, W., & Sari, NPR (2021). The Effect of Return on Assets, Return on Equity, Net Profit Margin on Share Prices in Mining Companies in the Oil and Gas Mining Sub Sector on the Indonesian Stock Exchange for the 2014-2018 Period. Journal of Economic Review - Scientific Journal of Economics and Business, 9(2), 171–182.
Susyana, FI, & Nugraha, NM (2021). The Influence of Net Profit Margin, Return on Assets, and Current Ratio on Profit Growth. Journal of Banking Management Economics, 3(1), 56–69.
Valerian, D., & Kurnia, R. (2018). The Influence of Solvency Ratios, Activity, Liquidity and Book Tax Differences on Profit Growth. ULTIMA Accounting, 10(2), 110–123.
Watung, RW, & Ilat, V. (2016). The Influence of Return on Assets (ROA), Net Profit Margin (NPM), and Earning Per Share (EPS) on Share Prices in Banking Companies on the Indonesian Stock Exchange for the 2011-2015 Period. Journal of Economics, Management, Business and Accounting Research, 4(2), 518–529.
Widjiarti, KU, & Anggraeni, RD (2018). The Influence of Debt to Asset Ratio (DAR), Total Asset Turnover (TATO), Return on Assets (ROA), and Earning Per Share (EPS) on Share Prices in LQ 45 Index Companies Listed on the Indonesian Stock Exchange 2013-2017. Accountotechnology: Scientific Journal of Accounting and Technology, 10(2), 1–16.
Zurriah, R. (2021). The Effect of Debt to Equity Ratio on Stock Prices. National Seminar on Educational Technology and Humanities, 1(1), 574–582.
www.bps.go.id
www.idx.co.id
Anton, A., Lorensa, S., Purnama, I., Eddy, P., & Andi, A. (2023). Net Profit Margin, Earnings per Share, Return on Asset, Debt Equity Ratio, and Current Ratio on Firm Value in Agricultural Sector Companies Listed on Indonesia Stock Exchange 2016-2021. Journal of Applied Business and Technology, 4(2), 155–167. https://doi.org/10.35145/jabt.v4i2.131
Anton, Fernando, E., Estu, A. Z., Eddy, P., & Andi. (2023). Financial Report Fraud Determinants (Banking and Insurance Sub-Sector Companies on the Indonesia Stock Exchange 2017-2021). Nexus Synergy: A Business Perspective, 1(1), 32–50. https://firstcierapublisher.com/index.php/nexus/article/view/12
Eddy, P., Diputra, D. O., Irman, M., Anton, & Estu, A. Z. (2023). Internal Control of Trade Goods Supply at CV Syntek Auto Pekanbaru. Interconnection: An Economic Perspective Horizon, 1(1), 11–24. https://firstcierapublisher.com/index.php/interconnection/article/view/8
Eddy, P., Meivina, D., Irman, M., Purnama, I., & Estu, A. Z. (2023). Health Level of PT Bank Perkreditan Rakyat Duta Perdana Using CAMELS Method Period 2016-2020. Luxury: Landscape of Business Administration, 1(1), 1–11. https://firstcierapublisher.com/index.php/luxury/article/view/14
Estu, A. Z., Rahayu, S., Irman, M., Anton, & Eddy, P. (2023). CAR, NPL, BOPO, and LDR on Profit Growth of BPR Riau Province Period 2015-2019. Interconnection: An Economic Perspective Horizon, 1(1), 25–36. https://firstcierapublisher.com/index.php/interconnection/article/view/11
Estu, A. Z., Sella, T., Irman, M., Anton, & Eddy, P. (2023). Tax Justice Perceptions on Tax Compliance of WPOP on KPP Pratama Tampan Kota Pekanbaru. Nexus Synergy: A Business Perspective, 1(1), 21–31. http://firstcierapublisher.com/index.php/nexus/article/view/10
Fadrul, F., Howard, H., Nurazizah, F., Eddy, P., Novitriansyah, B., & Estu, A. Z. (2023). Analysis of Company Size, Inventory Intensity, and Variability of COGS on The Selection of Inventory Valuation Methods in Basic Materials Sector Companies Listed on IDX 2017-2021. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 227–237. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4068
Fadrul, Yang, A., Rahman, S., Renaldo, N., & Suharti. (2024). Pengaruh Good Corporate Governance dan Karakteristik Perusahaan terhadap Manajemen Laba. EKOMA: Jurnal Ekonomi, Manajemen, Akuntansi, 3(2), 907–919. https://doi.org/10.34208/ejatsm.v2i4.1842
Hadi, S., Renaldo, N., Purnama, I., Veronica, K., & Musa, S. (2023). The Impact of Decentralized Finance (DeFi) on Traditional Banking Systems: A Novel Approach. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 295–299. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4376
Irman, M., Suhendra, E. A., & Diana, H. (2021). Work Experience, Professionalism, Independence and the Application of Information Technology on Auditor Performance in Order to Increasing Audit Quality at the Financial Audit Agency of the Republic Indonesia Representative of the Riau Province. Journal of Applied Business and Technology, 2(3), 206–222. https://doi.org/https://doi.org/10.35145/jabt.v2i3.78
Muhrodin, M., Sudarno, S., Junaedi, A. T., Andi, A., & Putri, N. Y. (2024). The Effect of Motivation, Organizational Culture, Competency on Work Commitment and Performance of SD Teachers in Bengkalis District. Interconnection: An Economic Perspective Horizon, 1(4), 198–217. https://doi.org/https://doi.org/10.61230/interconnection.v1i4.71
Mukhsin, M., Renaldo, N., Junaedi, A. T., Veronica, K., & Cecilia, C. (2023). Innovative Approaches to Cloud-Based Accounting Information Systems: Integrating AI, Blockchain, and IoT. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 288–294. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4375
Purnama, I. (2023). Increasing Understanding of One-Way ANOVA Material for Accounting Students: A Case Study of Deposit Interest. Reflection: Education and Pedagogical Insights, 1(2), 69–73. https://firstcierapublisher.com/index.php/reflection/article/view/30
Purnama, I., Diana, & Yani, F. (2023). Business Income, Operational Costs, and Production Costs on Net Profit After Tax at PT Unilever Indonesia Tbk Period 2016-2021. Luxury: Landscape of Business Administration, 1(1), 23–32. https://firstcierapublisher.com/index.php/luxury/article/view/17
Purnama, I., Ericca, S., Hafni, L., Purba, J. O., & Tjahjana, D. J. S. (2023). Promotion Strategies, Distribution, and Product Variations on Offline and Online Purchase Decisions at Aneka Salim Group Pekanbaru. Interconnection: An Economic Perspective Horizon, 1(1), 51–58. https://firstcierapublisher.com/index.php/reflection/article/view/6
Purnama, I., Putra, R., Syahputra, H., Yani, F., & Eddy, P. (2024). The Influence of The Value of Oil and Gas Exports and Imports on The Country’s Foreign Exchange from 2010-2017. Luxury: Landscape of Business Administration, 2(1), 59–70. https://doi.org/https://doi.org/10.61230/luxury.v2i1.68
Renaldo, N. (2023). Digital Water Accounting: A Comprehensive Research Report. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 300–305. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4377
Renaldo, N., Fadrul, Andi, Sevendy, T., & Simatupang, H. (2022). The Role of Environmental Accounting in Improving Environmental Performance through CSR Disclosure. International Conference on Business Management and Accounting (ICOBIMA), 1(1), 17–23. https://doi.org/https://doi.org/10.35145/icobima.v1i1.2743
Renaldo, N., Junaedi, A. T., Fadrul, Sudarno, Suhardjo, Suyono, Andi, & Veronica, K. (2023). Manajemen Utang untuk Perencana Keuangan Perusahaan (Target Generasi Z). JUDIKAT: Jurnal Pengabdian Kepada Masyarakat, 3(1), 19–33.
Renaldo, N., Suhardjo, Suharti, Suyono, & Cecilia. (2022a). Benefits and Challenges of Technology and Information Systems on Performance. Journal of Applied Business and Technology, 3(3), 302–305. https://doi.org/https://doi.org/10.35145/jabt.v3i3.114
Renaldo, N., Suhardjo, Suharti, Suyono, & Cecilia. (2022b). Optimizing Company Finances Using Business Intelligence in Accounting. Journal of Applied Business and Technology, 3(2), 209–213. https://doi.org/https://doi.org/10.35145/jabt.v3i2.107
Renaldo, N., Suharti, Andi, Putri, N. Y., & Cecilia. (2021). Accounting Information Systems Increase MSMEs Performance. Journal of Applied Business and Technology, 2(3), 261–270. https://doi.org/https://doi.org/10.35145/jabt.v2i2.74
Reynata, V., Irman, M., & Hayati, R. (2019). Analisis Pengaruh Modal Kerja terhadap Profitabilitas pada Perusahaan Manufaktur Sub Sektor Logam dan Sejenisnya yang Terdaftar di Bursa Efek Indonesia Periode 2013-2017. Bilancia: Jurnal Ilmiah Akuntansi, 3(2), 232–243. http://www.ejournal.pelitaindonesia.ac.id/ojs32/index.php/BILANCIA/index
Saputro, P. A., Irman, M., & Panjaitan, H. P. (2022). Quality of Socialization, Services, and Electronic Services on Taxpayer Satisfaction and Taxpayer Compliance at Kantor Pelayanan Pajak Madya Pekanbaru. Journal of Applied Business and Technology, 3(3), 287–301.
Sari, S. I., Irman, M., & Wijaya, E. (2022). Analysis of Factors Affecting Financial Literacy and Financial Inclusion on Institut Bisnis dan Teknologi Pelita Indonesia Pekanbaru. International Conference on Business Management and Accounting (ICOBIMA), 1(1), 125–142.
Stevany, Wati, Y., Chandra, T., & Wijaya, E. (2022). Analysis of the Influence Events on the Increase and Decrease of World Oil Prices on Abnormal Return and Trading Volume Activity in Mining Sector Companies that Registered in Indonesia Stick Exchange. International Conference on Business Management and Accounting (ICOBIMA), 1(1), 181–192.
Suhardjo, S. (2023). The Differences in GDP Growth by Field of Business and GDP Growth by Expenditures, 1Q 2019. Interconnection: An Economic Perspective Horizon, 1(2), 80–86. https://firstcierapublisher.com/index.php/interconnection/article/view/35
Suhardjo, S., Suharti, S., Suyono, S., Mukhsin, M., & Hadi, S. (2023). Digital Internal Controls: Safeguarding Data Integrity and Compliance in a Technologically Evolving Landscape. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 306–311. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4378
Suhardjo, S., Sun, L. H., & Pacquiao, J. R. (2023). Digital Business Transformation: A Case Study of Singapore. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 282–287. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4374
Suharti, S., & Murwaningsari, E. (2024). The Effect of Profit Persistency, Business Risk and Capital Structure on Earnings Return Coefficient with Good Corporate Governance as Moderating Variable. Journal of Applied Business and Technology, 5(1), 1–7. https://doi.org/https://doi.org/10.35145/jabt.v5i1.158
Syahputra, H., Eddy, P., Santoso, P. H., Yani, F., & Putra, R. (2023). Exploring Employee Performance Through Qualitative Methods: Insights and Implications. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 312–316. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4379
Walettina, S., & Anton. (2022). Analysis the Effect of Tax Policy, Tax Amnesty Programme, Economic Growth, Inflation and Individual Taxpayer Compliance on Tax Receipt in Pekanbaru. International Conference on Business Management and Accounting (ICOBIMA), 1(1), 24–39.
Wijaya, E., Ali, Z., Hocky, A., Anton, A., & Oliver, W. (2023). Impact of Company Size, Income on Share, Debt to Equity, Total Assets Revenue and Net Profit on The Kompas 100 Company Value Index. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 218–226. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4066
Almira, NPAK, & Wiagustini, NLP (2020). Return on Assets, Return on Equity, and Earning Per Share Influence Stock Returns. E-Journal of Management, 9(3), 1069–1088.
Annisa, A., Nasaruddin, F., & Mursalim. (2019). The Effect of Return on Assets (ROA), Debt to Equity Ratio (DER), and Earning Per Share (EPS) on Share Prices in Manufacturing Companies Listed on the Indonesian Stock Exchange. Tangible Journal, 4(2), 214–230.
Anwar, Y., Yunsepa, Y., & Meliyani, R. (2020). Analysis of Liquidity Ratios and Profitability Ratios at the Regional Drinking Water Company in Ogan Komering Ulu Regency. Global Ecoment Journal: Business and Management Studies, 5(1), 56–69.
Burhanudin, M., & Cipta, W. (2021). The Influence of Capital Structure and Company Size on Company Value in Wholesale Goods Trading Sub-Sector Companies Listed on the Indonesian Stock Exchange in 2016 - 2018. Journal of Professional Accounting, 12(1), 192–202.
Claudhea, R., G, CM, D, AA, & Mesrawati. (2021). The Influence of Solvency, Economic Value Added, Profitability, Price to Book Value and Liquidity on Stock Returns of Manufacturing Companies listed on the Indonesia Stock Exchange in 2017-2019. Jambi Journal of Accounting and Finance, 6(1), 1–9.
Ernawati, Y., & Purwaningsih, E. (2022). The Effect of Total Cash Flow, Debt to Equity Ratio and Return on Assets on Stock Prices. MEA Scientific Journal: Management, Economics, and Accounting, 6(2), 1708–1726.
Fahmi, I. (2012). Introduction to Capital Markets. Alphabet. Bandung.
_______. (2014). Corporate Financial Management and Capital Markets (First Edition). Media Discourse Partners. Jakarta.
Hamidah, G., & Umdiana, N. (2017). The Effect of Profitability and Investment Opportunity Set (IOS) on Company Value with Share Prices as an Intervening Variable. Serang Raya University Accounting Journal, 3(2), 90–106.
Hasanah, AN, & Ainni, SN (2019). The Influence of Return on Equity (ROE), Earning Per Share (EPS), and Debt to Equity Ratio (DER) on JII Share Prices Listed on the Indonesian Stock Exchange (BEI) in 2018. Academia: Journal of Multidisciplinary Studies, 3(1) , 139–158.
Hidayat, R. (2018). The Influence of Debt to Equity Ratio, Debt to Asset Ratio and Profitability on the Value of Food and Beverages Companies Listed on the Indonesian Stock Exchange. Journal of Accounting and Financial Studies, 2(1), 27–46.
Idris, A. (2021). Profitability and Solvency on Company Value Mediated by Pharmaceutical Company Share Prices in Indonesia. JIMF: Forkamma Management Scientific Journal, 4(2), 134–147.
Junaeni, I. (2017). The influence of EVA, ROA, DER and TATO on share prices in food and beverage companies on the IDX. Owner: Accounting Research and Journal, 2(1), 32–47.
Cashmere. (2012). Financial Report Analysis. PT. Grafindo Persada. Jakarta.
______. (2015). Financial Report Analysis. PT Raja Grafindo Persada. Jakarta.
______. (2019). Financial Report Analysis. PT Raja Grafindo Persada. Jakarta.
Masyitah, E., & Harahap, KKS (2018). Financial Performance Analysis Using Liquidity and Profitability Ratios. Journal of Contemporary Accounting and Finance, 1(1), 33–46.
Nst, UH, Syamsurizal, & Zahri, C. (2021). The Influence of Debt To Asset Ratio, Inventory and Earning Per Share on Share Prices in the Pharmaceutical Subsector Industry Listed on the IDX. Batanghari University Jambi Scientific Journal, 21(1), 249–252.
Prastyo, SA, Akbar, T., & Hendratmoko, S. (2022). The influence of Return on Assets (ROA), Current Ratio (CR), and Debt to Total Asset Ratio (DAR) on Share Prices at PT. Erajaya Swasembada Tbk. Accounting Science Research Journal, 1(2), 14–34.
Putri, AC, & Rachman, AN (2021). Determination of share prices for transportation companies listed on the Indonesian Stock Exchange 2015-2019. FINANCIAL: Journal of Accounting, 7(1), 76–85.
Rahmadewi, PW, & Abundanti, N. (2018). The influence of EPS, PER, CR, and ROE on stock prices at the Faculty of Economics and Business, Udayana University, Bali, Indonesia. Udayana University Management E-Journal, 7(4), 2106–2133.
Sari, HM, Nurhayati, I., & Aminda, RS (2021). The Influence of Current Ratio, Debt to Equity Ratio, Earning Per Share and Price Earning Ratio on Share Prices. Manager: Journal of Management Science, 4(2), 221–228.
Sari, NR, Nurhasanah, N., & Hersona, S. (2022). The Influence of Return on Assets, Debt to Equity Ratio and Debt to Total Asset Ratio on Share Prices in Food and Beverage Sub-Sector Manufacturing Companies Listed on the Indonesian Stock Exchange (BEI) for the 2016 - 2020 Period. COSTING: Journal of Economic, Business and Accounting, 5(2), 1148–1161.
Sarliva, U., Atikah, & Sopini, P. (2017). The influence of Earning Per Share (EPS), Price Earning Ratio (PER), Debt to Asset Ratio (DAR) and Return on Equity (ROE) on Share Prices at PT. Astra Agro Lestari Tbk Period 2006-2015. Scientific Journal of Economics and Business, 8(1), 33–43.
Sujarweni, VW (2019). Business and Economic Research Methodology. Barpress Library. Yogyakarta.
Sulasih, NLMH, Novitasari, NLG, & Widhiastuti, NLP (2021). The Influence of Leverage Ratios, Market Ratios, Profitability Ratios and Company Size on Company Value. KARMA: Accounting Student Research Work, 1(1), 158–167.
Suprapto, H. (2017). Research Methodology for Scientific Work. Goshen Publishing.
Susanti, W., Kesuma, IM, Maya, W., & Sari, NPR (2021). The Effect of Return on Assets, Return on Equity, Net Profit Margin on Share Prices in Mining Companies in the Oil and Gas Mining Sub Sector on the Indonesian Stock Exchange for the 2014-2018 Period. Journal of Economic Review - Scientific Journal of Economics and Business, 9(2), 171–182.
Susyana, FI, & Nugraha, NM (2021). The Influence of Net Profit Margin, Return on Assets, and Current Ratio on Profit Growth. Journal of Banking Management Economics, 3(1), 56–69.
Valerian, D., & Kurnia, R. (2018). The Influence of Solvency Ratios, Activity, Liquidity and Book Tax Differences on Profit Growth. ULTIMA Accounting, 10(2), 110–123.
Watung, RW, & Ilat, V. (2016). The Influence of Return on Assets (ROA), Net Profit Margin (NPM), and Earning Per Share (EPS) on Share Prices in Banking Companies on the Indonesian Stock Exchange for the 2011-2015 Period. Journal of Economics, Management, Business and Accounting Research, 4(2), 518–529.
Widjiarti, KU, & Anggraeni, RD (2018). The Influence of Debt to Asset Ratio (DAR), Total Asset Turnover (TATO), Return on Assets (ROA), and Earning Per Share (EPS) on Share Prices in LQ 45 Index Companies Listed on the Indonesian Stock Exchange 2013-2017. Accountotechnology: Scientific Journal of Accounting and Technology, 10(2), 1–16.
Zurriah, R. (2021). The Effect of Debt to Equity Ratio on Stock Prices. National Seminar on Educational Technology and Humanities, 1(1), 574–582.
www.bps.go.id
www.idx.co.id
Anton, A., Lorensa, S., Purnama, I., Eddy, P., & Andi, A. (2023). Net Profit Margin, Earnings per Share, Return on Asset, Debt Equity Ratio, and Current Ratio on Firm Value in Agricultural Sector Companies Listed on Indonesia Stock Exchange 2016-2021. Journal of Applied Business and Technology, 4(2), 155–167. https://doi.org/10.35145/jabt.v4i2.131
Anton, Fernando, E., Estu, A. Z., Eddy, P., & Andi. (2023). Financial Report Fraud Determinants (Banking and Insurance Sub-Sector Companies on the Indonesia Stock Exchange 2017-2021). Nexus Synergy: A Business Perspective, 1(1), 32–50. https://firstcierapublisher.com/index.php/nexus/article/view/12
Eddy, P., Diputra, D. O., Irman, M., Anton, & Estu, A. Z. (2023). Internal Control of Trade Goods Supply at CV Syntek Auto Pekanbaru. Interconnection: An Economic Perspective Horizon, 1(1), 11–24. https://firstcierapublisher.com/index.php/interconnection/article/view/8
Eddy, P., Meivina, D., Irman, M., Purnama, I., & Estu, A. Z. (2023). Health Level of PT Bank Perkreditan Rakyat Duta Perdana Using CAMELS Method Period 2016-2020. Luxury: Landscape of Business Administration, 1(1), 1–11. https://firstcierapublisher.com/index.php/luxury/article/view/14
Estu, A. Z., Rahayu, S., Irman, M., Anton, & Eddy, P. (2023). CAR, NPL, BOPO, and LDR on Profit Growth of BPR Riau Province Period 2015-2019. Interconnection: An Economic Perspective Horizon, 1(1), 25–36. https://firstcierapublisher.com/index.php/interconnection/article/view/11
Estu, A. Z., Sella, T., Irman, M., Anton, & Eddy, P. (2023). Tax Justice Perceptions on Tax Compliance of WPOP on KPP Pratama Tampan Kota Pekanbaru. Nexus Synergy: A Business Perspective, 1(1), 21–31. http://firstcierapublisher.com/index.php/nexus/article/view/10
Fadrul, F., Howard, H., Nurazizah, F., Eddy, P., Novitriansyah, B., & Estu, A. Z. (2023). Analysis of Company Size, Inventory Intensity, and Variability of COGS on The Selection of Inventory Valuation Methods in Basic Materials Sector Companies Listed on IDX 2017-2021. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 227–237. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4068
Fadrul, Yang, A., Rahman, S., Renaldo, N., & Suharti. (2024). Pengaruh Good Corporate Governance dan Karakteristik Perusahaan terhadap Manajemen Laba. EKOMA: Jurnal Ekonomi, Manajemen, Akuntansi, 3(2), 907–919. https://doi.org/10.34208/ejatsm.v2i4.1842
Hadi, S., Renaldo, N., Purnama, I., Veronica, K., & Musa, S. (2023). The Impact of Decentralized Finance (DeFi) on Traditional Banking Systems: A Novel Approach. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 295–299. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4376
Irman, M., Suhendra, E. A., & Diana, H. (2021). Work Experience, Professionalism, Independence and the Application of Information Technology on Auditor Performance in Order to Increasing Audit Quality at the Financial Audit Agency of the Republic Indonesia Representative of the Riau Province. Journal of Applied Business and Technology, 2(3), 206–222. https://doi.org/https://doi.org/10.35145/jabt.v2i3.78
Muhrodin, M., Sudarno, S., Junaedi, A. T., Andi, A., & Putri, N. Y. (2024). The Effect of Motivation, Organizational Culture, Competency on Work Commitment and Performance of SD Teachers in Bengkalis District. Interconnection: An Economic Perspective Horizon, 1(4), 198–217. https://doi.org/https://doi.org/10.61230/interconnection.v1i4.71
Mukhsin, M., Renaldo, N., Junaedi, A. T., Veronica, K., & Cecilia, C. (2023). Innovative Approaches to Cloud-Based Accounting Information Systems: Integrating AI, Blockchain, and IoT. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 288–294. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4375
Purnama, I. (2023). Increasing Understanding of One-Way ANOVA Material for Accounting Students: A Case Study of Deposit Interest. Reflection: Education and Pedagogical Insights, 1(2), 69–73. https://firstcierapublisher.com/index.php/reflection/article/view/30
Purnama, I., Diana, & Yani, F. (2023). Business Income, Operational Costs, and Production Costs on Net Profit After Tax at PT Unilever Indonesia Tbk Period 2016-2021. Luxury: Landscape of Business Administration, 1(1), 23–32. https://firstcierapublisher.com/index.php/luxury/article/view/17
Purnama, I., Ericca, S., Hafni, L., Purba, J. O., & Tjahjana, D. J. S. (2023). Promotion Strategies, Distribution, and Product Variations on Offline and Online Purchase Decisions at Aneka Salim Group Pekanbaru. Interconnection: An Economic Perspective Horizon, 1(1), 51–58. https://firstcierapublisher.com/index.php/reflection/article/view/6
Purnama, I., Putra, R., Syahputra, H., Yani, F., & Eddy, P. (2024). The Influence of The Value of Oil and Gas Exports and Imports on The Country’s Foreign Exchange from 2010-2017. Luxury: Landscape of Business Administration, 2(1), 59–70. https://doi.org/https://doi.org/10.61230/luxury.v2i1.68
Renaldo, N. (2023). Digital Water Accounting: A Comprehensive Research Report. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 300–305. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4377
Renaldo, N., Fadrul, Andi, Sevendy, T., & Simatupang, H. (2022). The Role of Environmental Accounting in Improving Environmental Performance through CSR Disclosure. International Conference on Business Management and Accounting (ICOBIMA), 1(1), 17–23. https://doi.org/https://doi.org/10.35145/icobima.v1i1.2743
Renaldo, N., Junaedi, A. T., Fadrul, Sudarno, Suhardjo, Suyono, Andi, & Veronica, K. (2023). Manajemen Utang untuk Perencana Keuangan Perusahaan (Target Generasi Z). JUDIKAT: Jurnal Pengabdian Kepada Masyarakat, 3(1), 19–33.
Renaldo, N., Suhardjo, Suharti, Suyono, & Cecilia. (2022a). Benefits and Challenges of Technology and Information Systems on Performance. Journal of Applied Business and Technology, 3(3), 302–305. https://doi.org/https://doi.org/10.35145/jabt.v3i3.114
Renaldo, N., Suhardjo, Suharti, Suyono, & Cecilia. (2022b). Optimizing Company Finances Using Business Intelligence in Accounting. Journal of Applied Business and Technology, 3(2), 209–213. https://doi.org/https://doi.org/10.35145/jabt.v3i2.107
Renaldo, N., Suharti, Andi, Putri, N. Y., & Cecilia. (2021). Accounting Information Systems Increase MSMEs Performance. Journal of Applied Business and Technology, 2(3), 261–270. https://doi.org/https://doi.org/10.35145/jabt.v2i2.74
Reynata, V., Irman, M., & Hayati, R. (2019). Analisis Pengaruh Modal Kerja terhadap Profitabilitas pada Perusahaan Manufaktur Sub Sektor Logam dan Sejenisnya yang Terdaftar di Bursa Efek Indonesia Periode 2013-2017. Bilancia: Jurnal Ilmiah Akuntansi, 3(2), 232–243. http://www.ejournal.pelitaindonesia.ac.id/ojs32/index.php/BILANCIA/index
Saputro, P. A., Irman, M., & Panjaitan, H. P. (2022). Quality of Socialization, Services, and Electronic Services on Taxpayer Satisfaction and Taxpayer Compliance at Kantor Pelayanan Pajak Madya Pekanbaru. Journal of Applied Business and Technology, 3(3), 287–301.
Sari, S. I., Irman, M., & Wijaya, E. (2022). Analysis of Factors Affecting Financial Literacy and Financial Inclusion on Institut Bisnis dan Teknologi Pelita Indonesia Pekanbaru. International Conference on Business Management and Accounting (ICOBIMA), 1(1), 125–142.
Stevany, Wati, Y., Chandra, T., & Wijaya, E. (2022). Analysis of the Influence Events on the Increase and Decrease of World Oil Prices on Abnormal Return and Trading Volume Activity in Mining Sector Companies that Registered in Indonesia Stick Exchange. International Conference on Business Management and Accounting (ICOBIMA), 1(1), 181–192.
Suhardjo, S. (2023). The Differences in GDP Growth by Field of Business and GDP Growth by Expenditures, 1Q 2019. Interconnection: An Economic Perspective Horizon, 1(2), 80–86. https://firstcierapublisher.com/index.php/interconnection/article/view/35
Suhardjo, S., Suharti, S., Suyono, S., Mukhsin, M., & Hadi, S. (2023). Digital Internal Controls: Safeguarding Data Integrity and Compliance in a Technologically Evolving Landscape. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 306–311. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4378
Suhardjo, S., Sun, L. H., & Pacquiao, J. R. (2023). Digital Business Transformation: A Case Study of Singapore. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 282–287. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4374
Suharti, S., & Murwaningsari, E. (2024). The Effect of Profit Persistency, Business Risk and Capital Structure on Earnings Return Coefficient with Good Corporate Governance as Moderating Variable. Journal of Applied Business and Technology, 5(1), 1–7. https://doi.org/https://doi.org/10.35145/jabt.v5i1.158
Syahputra, H., Eddy, P., Santoso, P. H., Yani, F., & Putra, R. (2023). Exploring Employee Performance Through Qualitative Methods: Insights and Implications. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 312–316. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4379
Walettina, S., & Anton. (2022). Analysis the Effect of Tax Policy, Tax Amnesty Programme, Economic Growth, Inflation and Individual Taxpayer Compliance on Tax Receipt in Pekanbaru. International Conference on Business Management and Accounting (ICOBIMA), 1(1), 24–39.
Wijaya, E., Ali, Z., Hocky, A., Anton, A., & Oliver, W. (2023). Impact of Company Size, Income on Share, Debt to Equity, Total Assets Revenue and Net Profit on The Kompas 100 Company Value Index. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 218–226. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4066
Published
2024-05-25
How to Cite
FADRUL, Fadrul et al.
The Effect of Profitability Ratio, Solvability Ratio, and Liquidity Ratio on Stock Price at Sector Company Consumer Non-Cyclicals Listed in Indonesia Stock Exchange Period 2017-2021.
International Conference on Business Management and Accounting, [S.l.], v. 2, n. 2, p. 317-331, may 2024.
ISSN 2988-5590.
Available at: <https://ejournal.pelitaindonesia.ac.id/ojs32/index.php/ICOBIMA/article/view/4380>. Date accessed: 05 oct. 2024.
doi: https://doi.org/10.35145/icobima.v2i2.4380.
Section
Articles
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
