Claim Missing Document
Check
Articles

Found 2 Documents
Search
Journal : Economic Reviews Journal

The Impact of Return on Asset, Debt to Equity Ratio, Current Ratio and Firm Size on Price to Book Value in Service Companies in the Property and Real Estate Sub-Sector Listed on the Indonesia Stock Exchange from 2015 to 2023 Lena Purba, Dhonna; Kosadi, Ferry
Economic Reviews Journal Vol. 3 No. 2 (2024): Economic Reviews Journal
Publisher : Masyarakat Ekonomi Syariah Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56709/mrj.v3i2.464

Abstract

In the Property and Real Estate Sub-Sector Listed on the Indonesia Stock Exchange from 2015 to 2023, this study aims to determine how characteristics such return on asset, debt to equity ratio, current ratio, and company size effect price to book value. The methodology used in this study is quantitative and includes a descriptive and verification approach. The statistical analysis approach of verification makes use of hypothesis testing with partial and simultaneous tests (f and t tests), multiple linear regression, Pearson product moment correlation coefficient, determination coefficient, and traditional assumption testing. The 72 financial reports of companies listed on the Indonesia Stock Exchange that are part of the Property and Real Estate Sub-Sector provide the sample data. In addition to nonprobability sampling, this study used a purposive sample method. For data processing, SPSS software version 26.0 is utilized. The results of an initial investigation indicate that there is a clear correlation between return on asset and price to book value. Price to book value is not significantly impacted by the debt to equity ratio. At most, there is very little effect of institutional ownership current ratio on price to book value. Firm size has no effect on price to book value and does not have a major impact. Concurrently, the study's results show how price to book value is affected by return on asset, debt to equity ratio, current ratio, and firm size.
Pengaruh Debt To Equity Ratio, Net Profit Margin, Current Ratio dan Total Asset Turn Over Terhadap Pertumbuhan Laba: pada Perusahaan Manufaktur Sub Sektor Farmasi yang Terdaftar di Bursa Efek Indonesia Tahun 2014-2023 Gita Cahyani, Ariani; Kosadi, Ferry
Economic Reviews Journal Vol. 3 No. 2 (2024): Economic Reviews Journal
Publisher : Masyarakat Ekonomi Syariah Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56709/mrj.v3i2.469

Abstract

The purpose of this study is to ascertain the impact of the following factors on earning growth in pharmaceutical manufacturing companies listed on the Indonesia Stock Exchange between 2014 and 2023: debt to equity ratio, net profit margin, current ratio, and total asset turnover. This study employs a quantitative methodology that combines a verification and descriptive strategy. Traditional assumption testing, multiple linear regression testing, Pearson correlation coefficient testing, determination coefficient testing, and hypothesis testing with partial and simultaneous tests (t and f tests) are some of the statistical testing methods used for verification. Sixty financial reports from businesses in the Pharmaceutical Manufacturing Companies provide the sample data. employing nonprobability purposive sampling for sampling. Version 26.0 of SPSS is utilized as a data processing tool. The results of the partial study obtained Debt To Equity Ratio has no effect on Earning growth, Net Profit Margin has an effect on Earning growth, Current Ratio has an effect on Earning growth and total asset turnover has no effect on Earning growth. The results of the simultaneous study showed that Debt to Equity Ratio, Net Profit Margin, Current Ratio and Total Asset Turnover had a significant influence on Earning growth.