This study aims to determine the influence of Net profit margin (NPM), Debt to asset ratio (DAR), and Current ratio (CR) partially and simultaneously on Stock Prices in coal sub-sector mining companies for the 2018-2023 period. This research is a quantitative research. The data collection technique used is a secondary source with documentation methods and literature studies. The data analysis technique used is panel data regression with a time series of 6 (six) years, namely the period 2018-2023 and with a cross section of 8 (eight) mining companies in the coal sub-sector. The results of the research conducted with a panel data regression test show that the best model used for this study is the Fixed Effect Model. Based on the results of the t-test, it shows that Net profit margin (X1) has a positive and significant effect on the stock price which is shown with a significant value of 0.0050 < 0.05. Meanwhile, the Debt to asset ratio (X2) and Current ratio (X3) have no significant effect on the stock price which is shown by a significant value in DAR of 0.9864 > 0.05, and a significant value in CR of 0.8572 > 0.05. Based on the results of the F Net profit margin test, Debt to asset ratio, and Current ratio together have a significant effect on the Stock Price with a significant value of 0.000000 < 0.05.
Copyrights © 2024