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Journal : dynamic management journal

THE EFFECT OF CURRENT RATIO, DEBT TO EQUITY RATIO, AND RETURN ON ASSET ON THE STOCK PRICE OF PT FAST FOOD INDONESIA Tbk Shafa, Adinda Kamila; Herlinawati, Erna
Dynamic Management Journal Vol 9, No 1 (2025): January
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31000/dmj.v9i1.13120

Abstract

The study aims to analyze the effect of Current Ratio (CR), Debt to Equity Ratio (DER), and Return On Asset (ROA) on the Share Price of PT Fast Food Indonesia Tbk for the period 2014-2023. The research method used is quantitative with descriptive and verification approaches, and uses secondary data obtained from the company’s annual financial statement. Stock prices experienced significant fluctuations with a decrease that occured due to the COVID-19 pandemic and the issues of boycott conflicts that affected the company’s performance. The decrease in CR and the increase in DER reflect unhealthy financial conditions, while fluctuations in ROA indicate the effectiveness of unstable asset utilization. The analysis results show partially that CR, DER, and ROA do not have a significant influence on the Share Price. However, simultaneously shows that CR, DER, and ROA have a significant effect on Stock Price.
THE INFLUENCE OF CURRENT RATIO, DEBT TO ASSETS RATIO, AND DEBT TO EQUITY RATIO ON RETURN ON ASSETS AT PT UNILEVER INDONESIA Tbk Dewi, Nadira Aulia Setia; Herlinawati, Erna
Dynamic Management Journal Vol 9, No 1 (2025): January
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31000/dmj.v9i1.13121

Abstract

This study aims to determine the effect of the Current Ratio (CR), Debt to Assets Ratio (DAR), and Debt to Equity Ratio (DER) on Return On Assets (ROA) at PT Unilever Indonesia Tbk during the period 2014-2023. This research is motivated by the challenges faced by the company, including the impact of the COVID-19 pandemic and the potential for boycotts. The research method used is quantitative with a descriptive and verificative approach. Data were taken from the company's annual financial statements and analyzed using IBM SPSS 26. The research results show that partially, CR and DAR do not have a significant effect on ROA, while DER has a significant negative effect on ROA. Simultaneously, CR, DAR, and DER have a significant effect on ROA. The coefficient of determination of 95.5% indicates that the variables CR, DAR, and DER explain most of the variability in ROA, with 4.1% influenced by other factors.
THE EFFECT OF LEVERAGE (DER) AND PROFITABILITY (ROE AND EPS) ON THE SHARE PRICE OF PT KIMIA FARMA TBK FOR THE 2014-2023 PERIOD Agustina, Siti Fadhilah; Herlinawati, Erna
Dynamic Management Journal Vol 9, No 1 (2025): January
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31000/dmj.v9i1.13119

Abstract

This research examines the influence of leverage (Debt to Equity Ratio - DER) and profitability (Return on Equity - ROE and Earnings Per Share - EPS) on the stock price of PT Kimia Farma Tbk during the period 2014-2023. The study employs a quantitative approach, utilizing secondary data from financial reports and investment websites. This study shows that stock price fluctuated significantly, especially during the COVID-19 pandemic which increased demand for pharmaceutical product. However, DER increased substantially, indicating the company’s dependence on debt financing. Meanwhile, ROE and EPS produced negative values, indicating challenges in generating profits relative to equity. The result showed that although DE, ROE, and EPS had as significant effect on stock price, simultaneously DER, ROE, and EPS had a significant effect on stock price. This study shows the importance of understanding financial ratios in guiding investment decisions amid market volatility and economic uncertainly, especially during the COVID-19 pandemic which has a significant impact on the pharmaceutical sector.
Co-Authors Abdul Aziz Mubarok, Dadan Adelia Nurma Isyah Agustina, Siti Fadhilah Al Fikri Rachman, Iqbal Alfira Andini Alia Angginie Amaludin, Rizki Amelia Richiani Amelya Dwi Fitriani Andika Dimas Ario Saputro Andre Suryaningprang Anggarani Putri, Keukeu Ardillah, Nurul Arie Hendra Saputro Asep Kurniawan Asna, Gina Ismatul Asti Nur Aryanti Aulia Putri, Zulfa Auliya, Nisa Ayatika, Arini Ayu Lestari Bob Nehemia Oloan Pangihutan Sibuea Bunga Sri Apriyani Cahya Erika Dwi Nurraini Puteri Cantika Anastasya Cellia, Cindy Chandra Jaya, Rama Chiara Andesti Chikalara Chikalara Dadan Abdul Aziz Dadan Abdul Aziz Dadan Abdul Aziz Dadan Abdul Aziz Mubarok Dadan Abdul Aziz Mubarok Dandy Andriansyah Saputra Dani Rizki Darmawan, Gugun Dayona Ismail, Gurawan Deni Hamdani Devi Anggraeni Devyanthi Syarif Dewi Astuti Dewi Fitriani Nurillah Dewi, Nadira Aulia Setia Dian Mayasari Dimas Prayoga Dina Kristina Nababan Dina Yulia Wijaya Dinda Nurizka Putri Dini Carollina Elsa Enjelina Solihatin Eriska Patrisia Fadhil Yusa Raiswan Fadilah, Hamidah Fauziah Fanji Wijaya Fany Oktaviani Farhan Baadila Putra Fauziyah Mumtaz Fazriati, Winda Febrianita Febrianti Enjelina Dewi Fitri Julianti Gina Ismatul Asna Gurawan Dayona Ismail Herawati Puji Lestari Hermawan, Dhia Amalia Herwanda, Eliza Hery Widijanto Hilmi Herdiana Husni Abdullah Icha Mustika Wahyudi Icha Sandrina, Icha Sandrina Ida Farida Oesman Indra, Agustian Iqbal Romadoni Irawan, Siti Maulani Ismail, Gurawan Dayona Jaja Suteja Jaya, Rama Chandra Juhanda, Rivaldy Julianysah Kaniasari Wulan Dewi Kartini Rahayu Khaerunnisa, Syifa Khoirunnisa, Asyifa Kiagus Muhamad Ahmad Farhan Komala Dewi, Lenny Laelasari, Memey Leni Nuraeni Leona Salsabilla Lisma Ramdania Putri Listri Herlina Listri Herlina Listri Herlina Livia Salsabilla Liya Setiawati Lulu Nurfadhilah Marsha Alivia Maulani, Magfira Gifani Meilani, Haifa Syafira Meilanie Wandayanie Mery Sri Rahayu Sri Rahayu Metka Alisya Mohamad Ilham Nurul Kamalin Muhamad Hammam Faisal Hakim Muhamad Nunu Muhamad Ramdan Muhamad Sidik Ramdhan Muhammad Adli Qur’ani Mukti Ali, Mochammad Mulyaningrum Mulyaningrum Muthia Ipada Nurfasha Mutia Cahaya Pratiwi Mutia Fatimah Muttaqin, Ridlwan Nabilla Nurjannah Naila Masfuroh Najwa Aliya Ayulingga Naya Ekawati Hafsari Nazhwa Maoudy Putri Irawan Nazwa Alisya Richiani Nazwa Aulia Nenden Bungawati Neng Lela Nurliana Afrilia Neng Silma Siti Robiah Niken Annisa Zulkarnaen Ningsih, Inka Yusnia Elya Nisa Auliya Nisa, Syakila Sakinatun Novita Tri Hapsari Nunung Ayu Sofiati (Efi) Nur Diansyah Nuriana, Mellysha Septiani Putri Dwi Nurillah, Dewi Fitriani Nurshifa Putri Irawan Nurul Aulia Putri Nurul Fadli, Ahmad Mukhlis Oktapian, Elsa Oktovia Rahmayanti Palupi Permata Rahmi Permana, Ari Priska Nuraulia Putri, Rizka Ardlia Putri, Salma Sofyanti R. Rheina Amalina Iskandar Raifan Ridki Nuf’Fallah Rama Chandra Jaya Ramadhan Rafael Azzra Rani Amalia Rasti Ristiya Ratna Ningsih Recky, Recky Refi Septiani Retno Nur Alfanti Reva Desi Setiani Revi Aprilianti Ridma Meltareza Rido Ihsan Ridwan Ridwan Rika Rahmawati Rinda Fahrinda Murpia Riyandi Nur Sumawidjaja Riyandi Nur Sumawidjaja Riyandi Nur Sumawidjaja Riyandi Nur Sumawidjaja Riyandi Nursumawidjaja Rizkiya, A. Yusnika Rizkyanti, Mira Rovita, Angelina Levi Salma Nur Aulia Achmad Sani Aulia Sayyidinaa Zahra Ridha Pramitha Shafa, Adinda Kamila Shannon Valensya Shela Nur Rahma Shilvira Osaesa Yoallanda Siddiq, Andhika Mochamad Sidqi, Alzan Zhafir Silvi Rosyanti Siti Nur Asyifa, Alma Siti Rahmawati Siti Susanti Sofi Esha Putri Sofy Novianti Suci Fauziah Lestari Suhendra Suhendra Sumawidjaya, Riyandi Nur Supiyadi, Dedi Surachman Surjaatmadja SUSANTO, Putri Mulawarni Syalwa Nazhifah Aulya Wanda Syam Gunawan Syamsul Bachri Syarif, Devyanthi Tiara Nanda Salsabilla Tiesha Lestari Anggraeni Tjipto Sajekti Tjipto Sajekti Tojaya Tojaya Vania Rahmah Wanda, Syalwa Nazhifah Aulya Wijaya, Dina Yulia Windi Widianti Wini Fetia Wardhiani Wiqoyatur Rohmah Wulandari, Asti Yanda Ihza Rizky Yofa, Risma Yoyo Sudaryo Yudi Wahyudi Yusup Yusup Zalfa Thufailah Erlanda Zamzam Zikri Rahmani Zia Imam Perdana