Pengaruh Current Ratio (CR), Return on Asset (ROA), Debit to Total Asset Ratio (DAR), Total Asset Turnover (TATO), Price Earning Ratio (PER) dalam Prediksi Financial Distress terhadap Harga Saham

Abstract

Abstract. The purpose of this study is to examine the influence of the Current Ratio (CR), the Return on Asset (ROA), the Debt to Total Asset Ratio (DAR), the Total Asset Turnover (TATO), and the Price Earnings Ratio (PER) on stock prices when predicting Financial Distress. The sampling approach is Purposive Sampling; 12 companies were selected from all food and beverage production companies listed on the IDX from 2015 to 2019. The stock price is the dependent variable in this study, whereas the Current Ratio (CR), Return On Asset (ROA), Debt to Total Asset Ratio (DAR), Total Asset Turnover (TATO), and Price Earnings Ratio are the independent variables (PER). Multiple linear analysis was used to analyze the data. The study's findings reveal that the Current Ratio (CR), Return On Asset (ROA), Debt to Total Asset Ratio (DAR), Total Asset Turnover (TATO), and Price Earnings Ratio (PER) all have a partial and simultaneous effect on stock prices. Current Ratio (CR), Debt to Total Asset Ratio (DAR), Total Asset Turnover (TATO), and Price Earnings Ratio (PER) all have no meaningful effect on company prices, whereas Return On Asset (ROA) does. Simultaneous use of the F test demonstrates that the Current Ratio (CR), Return On Asset (ROA), Debt to Total Asset Ratio (DAR), Total Asset Turnover (TATO), and Price Earnings Ratio (PER) all have a substantial effect on stock prices.

Keywords: Current Ratio (CR), Return On Asset (ROA), Debt to Total Asset Ratio (DAR), Total Asset Turnover (TATO), Price Earning Ratio (PER) and Stock Prices.

Abstrak. Penelitian ini bertujuan untuk mengetahui bagaimana pengaruh Current Ratio (CR), Return On Asset (ROA), Debt to Total Asset Ratio (DAR), Total Asset Turnover (TATO), Price Earning Ratio (PER) dalam prediksi Financial Distress terhadap Harga Saham. Metode pengambilan sampel menggunakan Puposive Sampling method, dari seluruh perusahaan manufaktur sub sektor makanan dan minuman yang terdaftar di BEI pada tahun 2015-2019 terdapat 12 perusahaan. Variable dependen penelitian ini adalah harga saham, sedangkan variable independen nya adalah Current Ratio (CR), Return On Asset (ROA), Debt to Total Asset Ratio (DAR), Total Asset Turnover (TATO), Price Earning Ratio (PER). Metode analisis data dilakukan menggunakan analisis linier berganda. Hasil penelitian ini menunjukkan adanya pengaruh Current Ratio (CR), Return On Asset (ROA), Debt to Total Asset Ratio (DAR), Total Asset Turnover (TATO), Price Earning Ratio (PER) terhadap Harga Saham secara parsial dan simultan. Secara parsial menggunakan uji t menunjukkan bahwa, Current Ratio (CR), Debt to Total Asset Ratio (DAR), Total Asset Turnover (TATO), Price Earning Ratio (PER) tidak berpengaruh signifikan terhadap Harga Saham, sedangkan Return On Asset (ROA) berpengaruh signifikan terhadap Harga Saham. Secara simultan menggunakan uji F menunjukkan bahwa Current Ratio (CR), Return On Asset (ROA), Debt to Total Asset Ratio (DAR), Total Asset Turnover (TATO), Price Earning Ratio (PER) berpengaruh signifikan terhadap Harga Saham.

Kata Kunci: Current Ratio (CR), Return On Asset (ROA), Debt to Total Asset Ratio (DAR), Total Asset Turnover (TATO), Price Earning Ratio (PER) dan Harga Saham.