Wahyudiono
Departement of Economic and Business, Narotama University Jl. Arif Rahman Hakim No. 51, 60117, Surabaya, Indonesia

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The Effect of Debt to Equity Ratio, Return on Equity and Current Ratio on Stock Price in Coal Mining Sub-Sector Companies Listed on the Indonesia Stock Exchange for the 2017-2021 Period Eny Yuli Astuti; Wahyudiono
Journal of World Conference (JWC) Vol. 5 No. 3 (2023): May 2023
Publisher : NAROTAMA UNIVERSITY, Indonesia

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Abstract

This study aims to analyze the effect of Debt To Equity Ratio, Return On Equity and Current Ratio on stock prices in coal mining sub-sector companies listed on the Indonesia Stock Exchange. This study use a quantitative approach. The data collection technique used is documentation in the form of secondary data and literature. The objects of this research are 7 companies engaged in coal mining which are listed on the IDX in 2017-2021. The sampling technique used was purposive sampling technique and 35 research samples were obtained. Data analysis techniques use the Classical Assumption Test, Multiple Linear Regression, Hypothesis Test and the Coefficient of Determination using SPSS Version 26. The results of this study prove that partially the Debt to Equity Ratio and Return On Equity have a significant effect on stock prices, while the Current Ratio has no significant effect on stock prices. Simultaneously the Debt to Equity Ratio, Return On Equity and Current Ratio have a significant effect on stock prices in coal mining sub-sector companies listed on the Indonesia Stock Exchange in 2017-2021.