Ekopedia: Jurnal Ilmiah Ekonomi
Vol. 2 No. 3 (2026): JULI-SEPTEMBER

Pengaruh Rasio Profitabilitas, Likuiditas, dan Aktivitas Terhadap Harga Saham Perusahaan Sektor Kesehatan yang Terdaftar di Bursa Efek Indonesia Periode 2021–2025

Haris Saputra (Universitas Bina Sarana Informatika)
Elmira Siska (Universitas Bina Sarana Informatika)



Article Info

Publish Date
09 Jul 2026

Abstract

This study aims to empirically examine the influence of profitability, liquidity, and activity ratios on the stock prices of healthcare sector companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2025 period. This study employs a quantitative method with a causal-associative approach, analyzing the relationship between Return on Assets (ROA) as a profitability indicator, Current Ratio (CR) as a liquidity indicator, and Total Asset Turnover (TATO) as an activity indicator, which serve as independent variables, against stock price as the dependent variable. The results indicate that profitability ratio (ROA), liquidity ratio (CR), and activity ratio (TATO) each partially have no significant effect on stock price. Furthermore, all three variables simultaneously also show no significant effect on the stock price of healthcare sector companies listed on the IDX during the observed period. These findings suggest that stock price movements in the healthcare sector during the 2021-2025 transitional period may be driven by factors beyond fundamental financial ratios, warranting further investigation into non-financial and macroeconomic determinants.

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Journal Info

Abbrev

ekopedia

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ilmiah Ekonomi yang diterbitkan oleh Lembaga Indo Publishing. berupa hasil-hasil penelitian di bidang Ekonomi Murni, Kependidikan Ekonomi, Manajemen, Bisnis Digital, Kewirausahaan, Akuntansi, Perbankan, Ekonomi Islam dan bidang lainnya yang relevan dengan ekonomi yang belum pernah ...