Mia Pulsaadah
Business Administration, Muhammadiyah University of Sukabumi, Sukabumi, Indonesia

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The Effect of Current Ratio, Net Profit Margin and Total Asset Turnover on Stock Returns (Financial study on the Property and Real Estate Sub-Sector Listed on the IDX in 2023) Mia Pulsaadah; Dicky Jhoansyah; Faizal Mulia
Ekonomis: Journal of Economics and Business Vol 10, No 2 (2026): September
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/ekonomis.v10i2.2336

Abstract

Stock returns in the property and real estate subsector listed on the Indonesia Stock Exchange (IDX) in 2023 are examined in this research along with the effects of current ratio (CR), net profit margin (NPM), and total asset turnover (TATO). Following the classical assumption test, the data was analyzed using Mueller-Triplet linear regression. Stock returns were significantly impacted negatively by CR and NPM and positively by TATO, according to the data. In order to stay competitive, this research recommends that businesses enhance their asset management, liquidity, and profitability. To further analyze the economy as a whole, future studies should broaden the scope to include interest rates and inflation as macroeconomic factors.