Journal of Research and Publication Innovation
Vol 2 No 1 (2024): JANUARY

PENGARUH DEBT TO EQUITY RATIO, NET PROFIT MARGIN DAN CURRENT RATIO TERHADAP HARGA SAHAM PADA PT. ASTRA INTERNATIONAL TBK PERIODE 2013-2022

Amri, Saipul (Unknown)
Sutiman (Unknown)



Article Info

Publish Date
06 Feb 2024

Abstract

The purpose of this study was to determine the effect of Debt to Equity Ratio (DER), Net Profit Margin (NPM) and Current Ratio (CR) on Share Price at PT Astra International Tbk for the period 2013-2022. This type of research is descriptive quantitative with the analysis method used is descriptive statistics, classical assumption test, hypothesis testing (t test and F test) with a significant level of 0.05 (5%) and the data source used is secondary data. From the results of this study indicate that Debt to Equity Ratio (DER) has no effect on Stock Price, this is evidenced by (t test) that the tcount value (-1.908) < t table (2.447) and a significant value of (0.105) > (0.05). The results of this study indicate that Net Profit Margin (NPM) has no effect on Stock Price, this is evidenced by (t test) that the tcount value (-0.925) < t table (2.447) and a significant value (0.391) > (0.05). The results showed that Current Ratio (CR) has a negative effect on Stock Price, this is evidenced by (t test) that the tcount value (-4.130) > t table (2.447) and a significant value (0.006) < (0.05). Simultaneous testing shows that Debt to Equity Ratio (DER), Net Profit Margin (NPM) and Current Ratio (CR) simultaneously have a significant effect on Stock Price, this is evidenced by (f test) that the Fcount value is 9.771> Ftable 4.76 with a significant value of 0.010 <0.05.

Copyrights © 2024






Journal Info

Abbrev

JORAPI

Publisher

Subject

Computer Science & IT Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

Description

Journal of Research and Publication Innovation is a multidisciplinary and scientific research journal that publishes research papers, review papers, case reports, case studies, book reviews, theses, dissertation works, etc. Published 4 times a year, every January, April, July and ...