Riwayat: Educational Journal of History and Humanities
Vol 8, No 2 (2025): April, Culture and Identity

The Effect of Liquidity, Leverage, and Profitability on Stock Prices

Zelin Putri Adelia (Universitas Balikpapan)
Dwi Susilowati (Universitas Balikpapan)
Nadi Hernadi Moorcy (Universitas Balikpapan)



Article Info

Publish Date
30 Apr 2025

Abstract

The purpose of this study was to determine the variables of Current Ratio, Debt to Equity Ratio, and Return on Asset Ratio both simultaneously and partially on the Stock Price. The data used are existing sources of both internal and external data and data can be accessed via the internet and information publication. The data used is the financial statements of pharmaceutical companies listed on the Indonesia Stock Exchange for the 2019-2024 period. This study uses a quantitative approach and for analysis tools using SPSS version 25. The data analysis method uses multiple regression analysis, classical assumption test, anova test and hypothesis testing. The results showed that the Currenr Ratio variable, and Debt to Equity Ratio simultaneously had no positive and insignificant effect on Stock Price, and Return On Asset had a negative and significant effect on Stock Price.

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Journal Info

Abbrev

riwayat

Publisher

Subject

Humanities Education Social Sciences

Description

The journal publishes writings on (1) History education, (2) History of Education,(3) Social Sciences Education, (4) Sociology Education, (5) Philosophy of history, (6) Historiography, (7) Humanities, and (8) ...