PENGARUH CURRENT RATIO ,DEBT TO EQUTY RATIO, RETURN ON EQUITY DAN RASIO TOTAL ASSET TURNOVER TERHADAP HARGA SAHAM PADA INDUSTRI ROKOK YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017 – 2021

Nanda Putra Wahyu Apriruddin, 1900861201299 (2023) PENGARUH CURRENT RATIO ,DEBT TO EQUTY RATIO, RETURN ON EQUITY DAN RASIO TOTAL ASSET TURNOVER TERHADAP HARGA SAHAM PADA INDUSTRI ROKOK YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017 – 2021. skripsi thesis, Universitas Batanghari Jambi.

Text (PENGARUH CURRENT RATIO ,DEBT TO EQUTY RATIO, RETURN ON EQUITY DAN RASIO TOTAL ASSET TURNOVER TERHADAP HARGA SAHAM PADA INDUSTRI ROKOK YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017 – 2021) Skpsi Nanda Putra Wahyu Apri Ruddin.pdf - Published Version Download (40MB)

Abstract

ABSTRACT Nanda Putra Wahyu Apriruddin / 1900861201299 / Faculty of Economics on Concentration Financial Management / Influence Current Ratio , Debt to Equity Ratio, Return on Equity Ratio and Total Assets Turn Over on the Stock Price at Tobacco Compoany in Listed on the Indonesia Stock Exchange for 2017-2021 Period/ Hj Atikah,SE, MM as 1st Advisor/ Ahmadi,SE,MM as 2stAdvisor. The stock price is a consideration for investors to invest their capital in a company, this shows that if the stock price of a company continues to increase, this means that there is also a lot of demand for a share. Besides that, the company's financial performance also determines the stock price. The stock performance referred to in this study is financial ratios. These financial ratios are the Current Ratio (CR), Debt to Equity Ratio (DER), Return on Equity (ROE) and Total Assets Turnover (TATO). The purpose of this study was to determine the Simultaneous and Partial Effects of CR, DER, ROE and TATO on Stock Prices in the Listed Tobacco Industry on the Stock Exchange for the 2017-2021 Period. This study uses secondary data, the research object is the Tobacco Industry listed on the Indonesia Stock Exchange, namely the research sample, namely three companies, including PT. Gudang Garam Tbk, PT. H.M. Sampoerna, Tbk, and PT. Wismilak Inti Makmur,Tbk Period 2017-2021 . The data obtained in this study came from the Indonesia Stock Exchange, through the website www.idx.co.id and various literature related to research. In answering this research problem the authors use the Multiple Linear Regression analysis tool to see the effect of the independent variables on the dependent variable. The results of the research using the SPSS software program begin by looking at the Simultaneous and Partial Effects of the independent variable on the dependent variable. To see the effect simultaneously, that is by comparing f-count with ftable with a significant level α = 0.05 with the decision criterion that is if Fcount <F-table, then Ho is accepted, Ha is rejected, and if F-count >F- table, then Ho is rejected, Ha is accepted. From the results of the statistical test, it can be seen that the F-count value is 10.566 and the F-table is 3.46. This means that Fcount is greater than f-table (10.566 > 3.46) and a significant value then Ho is rejected and Ha is accepted, meaning that there is a significant effect between the independent variable (x) simultaneously on the dependent variable (y), meaning that simultaneously the variable independent Current Ratio (CR), Debt to Equity Ratio (DER), Return On Equity (ROE) and Total Assets Turnover (TATO) have a significant effect on the dependent variable on stock prices in the tobacco industry listed on the Indonesia Stock Exchange for the 2017-2021 period. Furthermore, the results of the partial test (t test) Current Ratio (CR) g shows t-count of -0.196 while t-table is 2.228, meaning that partially the Current Ratio (CR) variable has no effect on the Stock Price variable. The Debt to Equity Ratio (DER) variable shows a t-count of -3.576 while the t-table is 2.228. It can be concluded that partially the Debt to Equity Ratio (DER) variable has a negative effect. The ROE value shows a t-count of 1.854 while the t-table is 2.228, the t count is smaller than the t table, meaning that the ROE variable has no effect on the Stock Price variable. Then the TATO value shows a t-count of -3.335 while a t-table of 2.228 means that tcountl is 3.335 > ttabe; 2.228, this means that partially the TATO variable has a negative effect on the share price variable in the tobacco industry listed on the Indonesia Stock Exchange for the 2017-2021 period. Based on the test results for the coefficient of determination, it shows that the Adjusted R Square value is 0.732, which means that the contribution of the independent variables, namely X1 CR, X2 DER, and X3 ROE and X4 TATO, affects the variable Y stock price (0.732 x 100 = 73.2%), while the rest (100% - 73.2%), = 26.8%) is influenced by other variables outside of this study.

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