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Journal : Journal of Industrial Engineering

The Influence Of Return On Asset, Debt To Equity Ratio And Current Ratio Toward Stock Price In Consumer Goods Industry Listed On Indonesia Stock Exchange Andoko, Andoko; Winson, Lelita
Journal of Industrial Engineering & Management Research Vol. 2 No. 6 (2021): December 2021
Publisher : AGUSPATI Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (456.876 KB) | DOI: 10.7777/jiemar.v2i6.240

Abstract

Consumer goods industry has been growing throughout the years to fulfil the demand from the ever-growing Indonesian population. Good management is important in order to thrive and succeed in the consumer goods industry, for such is the investing decision. It is a good opportunity in earning source of finance when an investor purchase shares with the intention to obtain profits from the increasing share price, making it important to know and understand how to choose and making the right decision. This research is conducted with the purpose to find out the influence of three chosen independent variable of return on asset, debt to equity ratio and current ratio toward stock price as the dependent variable. This research is conducted using the quantitative research along with the purposive sampling method. Data used in this research is the secondary data taken from Indonesia Stock Exchange with 29 eligible companies from year 2017 to 2020, which totaled to 116 data assessed. Based on the result of the research conducted, return on asset has a significant influence on the stock price while both debt to equity ratio and current ratio have no significant influence on the stock price in consumer goods industry listed on Indonesia Stock Exchange for the year 2017-2020. According to the findings of the research, the three chosen independent variables have a very low influence towards the stock price.
Co-Authors A.N. Afandi Abdiyar, Muhammad Albin Afrianto, Raka Agung Prabowo Akbar, Muhamad Rizky Amin Hou Aminnudin, Aminnudin Ananto, Rifqi Ryandi Dwi Andi Muadz Palerangi Andreas Syah Pahlevi Ari Ambrianti Arifin Arifin Aripriharta - Aryanti Aryanti Aryanti Wardiyah, Aryanti Avita Ayu Permanasari Azhali Siregar Azzahra, Putri Salsabila Bayu Angga Pratama Cahyono, Yanuar Reza Trie Caristia, Angga Chrisanto, Eka Yudha Darmawan, Muhammad Wahid Deby S O Pasaribu Dhitya, Ray Krisna Didin Zakaria Lubis Didin Zakariya Lubis Djamaludin, Djunizar Elliya, Rahma Epilasari, Epilasari Erpiyana, Refsi ERWAN, FRAGESTHA Faishol, Faishol Femiana Gapsari MF Furqoni, Prima Dian Hadi, Riswan Haryanti, Mega Henry Aspan Hermanto, Yon Ade Lose Hermawan, Dessy Heru Suryanto Hesti Wulandari Horng, Gwo Jiun Husada, Imam Farid Farian Imam Muda Nauri Indaman, Putri Irham Fadlika Janas, Dawid Jemmy Rumengan Juana, Rika K, Umi Rohmayati Keswara, Umi Romayati Khoirudin, Parid Khoyroh, Syafira Bilqis Kurniasih, Dennti Kurniawan, Franky Kusubakti Andajani M. Alfian Mizar M. Arif Sani M. Arifki Zainaro Manawan, Maykel Mardiani, Wiwin Mardji Mardji Martok, Yenni MHD AZHALI Siregar Mishima, Kenji Muliadin , Muliadin Muntholib Nandang Mufti Novikasari, Linawati Pangesti, Dimas Ning Pasha, Muhammad Faizullah Perdana, Muhamad Rayhan Rizky Pradana, Yanuar Rohmat Aji Prasetya, Riduwan Prihanto Trihutomo Pritasari, Laili Putri, Evalistiyo Rachmawati, Yessy Rahman, Chandra Hairat Abdul Rahmawati, Reka Putri Ramadhan, Rafli Adi Retno Wulandari Retno Wulandari Riana Nurmalasari Riduwan Prasetya Rilyani, Rilyani Rina Rifqie Mariana Riska Wandini, Riska Riski, Akhmad Afrizal Riyanto, Mochammad Deny Rizka, Mahda Rr. Poppy Puspitasari Saputro, Suratno Adi Sari, Devi Ratna Sari, Lisa Yuliana Sari, Made Novita Sari, Mentari Permata Satria, Frinan SATRIA, FRIYAN Selfianti, Selfianti Setiawati Setiawati Shiddieqy, M. Hasbi Ash Silvia, Eka Sinuhaji, Frans G Siti Aisyah Slivia, Eka Sormin, Partogian Suprayitno Suprayitno Suprayitno Suprayitno Surani, Eka Sri Syah, Muhammad Zacky Syamsiar, Syamsiar Tengku Riza Zarzani N Trismiana, Eka Trismiyana, Eka Triyoso, Triyoso Tuwoso Ulandari, Elpi Wahid Tri Wahyudi WAHYU HIDAYAT, NUR William, Evelyn Natasha Winson, Lelita wulan, Sarinah sri Yenni Yenni Yulendasari, Rika Yunazar Manjang Yusran Gea, Ali Yusuf, Dody Iqbal