Journal of Research and Publication Innovation
Vol 2 No 4 (2024): OCTOBER

PENGARUH RETURN ON ASSETS DAN DEBT TO EQUITY RATIO TERHADAP HARGA SAHAM PADA PT MUSTIKA RATU Tbk PERIODE 2009-2022

Fajar Hari, Satrya (Unknown)
Nur’aidawati2, Siti (Unknown)



Article Info

Publish Date
01 Oct 2024

Abstract

This study aims to determine the effect of Return on Assets and Debt to Equity Ratio on stock prices at PT Mustika Ratu Tbk for the period 2009-2022. The research method uses descriptive quantitative.  The research population is all financial statements, with samples including balance sheets, profit and loss, and stock price overview, selected through purposive sampling method. The data analysis used is the classical assumption test, multiple linear regression analysis, t-test hypothesis testing, F-test and the Coefficient of Determination (R2) test. The t test results show that ROA has a sig value of 0.0003 <0.05 and a tcount value of 5.217> t table 2.200, this means that partially ROA has a significant effect on stock prices. DER has a sig value of 0.7472> 0.05 and a tcount value of -0.330 < t table 2,200, this means that partially DER has no significant effect on stock prices. Meanwhile, the results of the research with the F test show that the sig value is 0.00 <0.05 and Fcount 14,336> 3,982, this means that ROA and DER simultaneously affect stock prices. The test results of the Coefficient of Determination (R2) show 0.672, this means that simultaneously the effect of ROA and DER on stock prices has a contribution of 67.2%, while the remaining 32.8% is influenced by other variables not included in this study.  

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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 ...