Pengaruh Return on Assets, Current Ratio, Debt to Equity Ratio, Dan Earning Per Share Terhadap Harga Saham
Year: 2025
Type: article
Abstract: This study investigates the influence of Return on Assets (ROA), Current Ratio (CR), Debt to Equity Ratio (DER), and Earnings Per Share (EPS) on the stock prices of non-cyclical food and beverage companies listed on the Indonesia Stock Exchange (IDX) from 2021 to 2024. Using a purposive sampling method on 51 companies, this research analyzed 204 observational data through multiple linear regression. The results indicate that CR and EPS have a significant positive impact on stock prices, while DER has a significant negative impact. Conversely, ROA was found to have no significant effect. These findings suggest that during the post-pandemic economic recovery, investors in this defensive sector prioritized corporate liquidity, a healthy capital structure, and direct shareholder returns over asset utilization efficiency when making investment decisions.
Source: Jurnal Ilmiah Akuntansi
DOI: 10.69714/4rn5xy50
Authors: Tantyazhari Utami, Dicky Arisudhana
Institution: Universitas Budi Luhur
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4414620613
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