Pengaruh Current Ratio, Quick Ratio, dan Cash Ratio terhadap Harga Saham : Perusahaan Subsektor Oil and Gas yang Terdaftar di BEI Periode 2021-2025

Putri Mayang Delviana
Woro Dwi Hartanty

Jurnal Ekonomi, Akuntansi dan Perpajakan
Vol. 3 No. 3 (2026): Agustus : Jurnal Ekonomi, Akuntansi, dan Perpajakan (JEAP)

This study is motivated by inconsistencies in prior findings regarding the impact of liquidity ratios on stock prices, as well as the limited research focusing on the Oil and Gas sub-sector listed on the Indonesia Stock Exchange (IDX). The study aims to analyze the influence of the Current Ratio, Quick Ratio, and Cash Ratio on stock prices both individually and simultaneouslyfor companies in the Oil and Gas sub-sector during the 2021–2025 period. A quantitative approach employing descriptive and associative methods was used, utilizing purposive sampling. Panel data were analyzed via multiple linear regression using SPSS 26. The results demonstrate that, individually, the Current Ratio has a significant negative effect on stock prices, whereas the Quick Ratio and Cash Ratio have significant positive effects. Simultaneously, the Current Ratio, Quick Ratio, and Cash Ratio exert a significant influence on stock prices. These findings confirm that liquidity ratios are crucial indicators considered by investors when assessing stock price expectations for Oil and Gas sub-sector companies on the IDX during the 2021–2025 period.