Analysis of The Impact of Financial Performance and Market Conditions on Stock Prices: A Case Study of Pt Adaro Energy Indonesia (AEI)

Kinho Titit, Florensia Klara

Eduvest - Journal of Universal Studies
Vol. 5 No. 3 (2025): Eduvest - Journal of Universal Studies

This study aims to analyze the relationship between financial ratios such as Current Ratio (CR), Debt To Equity Ratio (DER), Return on Assets (ROA), Earning Per Share (EPS) and Composite Stock Price Index (JCI) to the share price of PT Adaro Energy Indonesia using the multiple regression analysis method in Microsoft Excel. Based on the results of the analysis, using a sig standard of 0.05 or 5%, it was found that CR, DER and EPS had an effect on the share price of PT Adaro Energy Indonesia with a sig value of -0.027198877, 0.0249920592, -0.087545323 while ROA and JCI did not have a significant influence on the share price of PT Adaro Energy Indonesia with a sig value of 0.663431533 and 0.215886536, respectively.