PENGARUH RASIO LIKUIDITAS, PROFITABILITAS DAN SOLVABILITAS TERHADAP HARGA SAHAM PADA SEKTOR PERKEBUNAN GO PUBLIC

Abstract

The purpose of this study was to determine the effect of the Liquidity Ratio proxied byCurrent Ratio, Profitability ratios proxied by Return on Investment, and Solvability Ratio proxied byDebt to Equity Ratio on Plantation Share Prices Go Public listed on the IDX.

 The theoretical basis of this research consists of financial management, financial performance, financial ratio analysis, capital markets and stocks. Data collection techniques are carried out using secondary data taken from the Indonesian Stock Exchange www.idx.co.id

. With a total population of 14 companies and the sampling method was carried outLibrary Research 12 plantation companies. These data will be processed into Liquidity Ratio data, Current Ratio (CR), Profitability Ratio (Return on Investment), Solvency Ratio (Debt to Equity Ratio) as well as share prices. The analytical tool of this study uses multiple linear regression analysis, partial test (t test), simultaneous test (f test) and coefficient of determination test (R²).

The results of hypothesis testing show that the Liquidity Ratio (Current Ratio) has no significant effect on stock prices. The results of hypothesis testing II show that, Profitability Ratio (Return on Investment) No significant effect on stock prices. The results of hypothesis testing III show that the Solvency Ratio (Debt to Equity Ratio) has no significant effect on stock prices. The results of hypothesis testing IV show that the Liquidity Ratio, Profitability Ratio, and Profitability Ratio simultaneously do not have a significant effect on stock prices.