Proceeding International Seminar of Islamic Studies
INSIS 3 (February 2022)

EFFECT OF CURRENT RATIO,QUICK RATIO, TOTAL ASSET TURNOVER AND WORKING CAPITAL TURNOVER ON PRICE SHARE IN THE COMPANY OIL SUB SECTOR AND NATURAL GAS LISTED ON Indonesia STOCK EXCHANGE

Rahmat Hidayat (Unknown)
Viery Annisa Gusman (Unknown)



Article Info

Publish Date
03 Mar 2022

Abstract

This study aims to determine and analyze the effect of the Current Ratio on stock prices, to determine and analyze the effect of the Quick Ratio on stock prices, to determine and analyze the effect of total asset turnover on stock prices, to determine and analyze the effect of working capital turnover on stock prices, to determine and analyze the effect of working capital turnover on stock prices. knowing and analyzing simultaneously the effect of Current Ratio, Quick Ratio, Total Asset Turnover and Working Capital Turnover on Stock Prices in Oil and Gas Sub-Sector Companies Listed on the Indonesia Stock Exchange. The sample used in this study were 7 companies from 12 populations in oil and gas sub-sector companies. The data analysis technique in this research uses the Classical Assumption Test (Normality Test, Multicollinearity Test, Heteroscedasticity Test and Autocorrelation Test), Multiple Linear Regression, Hypothesis Testing (T Test and F Test) and Determination Test. Processing data in this study usingSoftware SPSS (Statistic Package for the Social Sciences) version 24. Based on the results of the study indicate that the Current Ratio has no positive and insignificant effect on stock prices, Quick Ratio has a negative and insignificant effect on stock prices, Total Asset Turnover has a negative and significant effect on stock prices. , Working Capital Turnover has no positive and insignificant effect on stock prices. Meanwhile, Simultaneously Current Ratio, Quick Ratio, Total Asset Turnover and Working Capital Turnover have a significant positive effect on Stock Prices in Oil and Gas Sub-Sector Companies listed on the Indonesia Stock Exchange.Keywords : Current Ratio, Quick Ratio, Total Asset Turnover, Working Capital Turnover and Stock Price

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Journal Info

Abbrev

insis

Publisher

Subject

Religion Arts Astronomy Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Mathematics Physics Other

Description

Proceeding International Seminar of Islamic Studies, published by the Faculty of Islamic Religion, University of Muhammadiyah Sumatera Utara (UMSU), Medan, Indonesia, which includes articles on the scientific research field of Islamic studies and Islamic education, Islamic law, and Islamic ...