PENGARUH CURRENT RATIO (CR) DAN DEBT TO EQUITY RATIO (DER) TERHADAP HARGA SAHAM PADA PT. INDOFOOD SUKSES MAKMUR TBK. PERIODE 2014-2023
Abstract
This study aims to determine the influence of Current Ratio and Debt to Equity Ratio on Stock Price partially and simultaneously in PT. Indofood Sukses Makmur Tbk. (INDF) in 2014-2023. This research method is a quantitative method. The population used in this study is the entire financial statements of PT. Indofood Sukses Makmur Tbk. in 2014-2023 and the sample in this study is the company's financial statements in the form of balance sheets and income statements of PT. Indofood Sukses Makmur Tbk. in 2014-2023. The data analysis techniques used are descriptive analysis, classical assumption test, statistical analysis, determination coefficient test and hypothesis testing. The results of this study show that partially the Current Ratio does not have a significant effect on the Stock Price, the results of the t-test calculation are obtained t_hitung is smaller than t_tabel (-1,510 < 2,306) and a significant value of 0.175 > 0.05. Meanwhile the Debt to Equity Ratio partially has a significant effect on the Stock Price, The results of the t-test calculation were obtained t_(hitung )is greater than t_(tabel )(2,840 > 2,306) and significant values of 0.025 < 0.05. The results of the F test research show that the Current Ratio and Debt to Equity Ratio simultaneously affected the Stock Price, the results of the F test calculation were obtained F_hitung is greater than F_(tabel )(6,166 > 4,7) and the significance value was 0.029 < 0.05.
References
Abdurrohman, Dwi Fitrianingsih, Anis Fuad Salam, Hurul Aeni. (2021). Pengaruh Current Ratio, Debt To Equity Ratio dan Return On Equity Terhadap Harga Saham Padaa Perusahaan Property Dan Real Estate Yang Terdaftar diBursa Efek Indonesia. Economic, Business and Accounting, Vol 4(2). 547-556.
Ade Gunawan. (2020). Pengaruh Current Ratio dan Debt To Equity Ratio Terhadap Harga Saham Pada Perusahaan Plastik dan Kemasan. Jurnal Sosial dan Ekonomi, Vol 1(1). 29-40.
Dwi Fitrianingsih, Yogi Budiansyah.(2019). Pengaruh Current Ratio Dan Debt To Equity Ratio Terhadap Harga Saham Di Perusahaan Food And Beverage Yang Terdaftar Di Bursa Efek Indonesia Periode 2013-2017. Riset Akuntansi Terpadu, Vol. 12(1). 144-166.
Hangga Pradika Mujino. (2017). Pengaruh CR, DER, ROA dan EPS Terhadap Harga Saham Food And Beverages. Jurnal Ilmu dan Riset Manajemen, Vol 6(3).
Indra Firmansyah, Apriali Maharani.(2021). Pengaruh Current Ratio Dan Debt To Equity Ratio Terhadap Harga Saham Pada Perusahaan Sektor Infrastruktur, Utilitas dan Transportasi Yang Terdaftar di BEI. LAND JOURNAL, Vol 2(10).
Rico Linanda, Winda Afriyennis.(2018). Pengaruh Struktur Modal Dan Profitabilitas Terhadap Harga Saham. Jurnal Ekonomi dan Bisnis Islam, Vol. 3.
Rima Noermaidah, Sinta Aria Dewi Siskawati.(2020). Pengaruh Inflasi, Suku Bunga, Kurs, Current Ratio, Net Profit Margin, Debt To Equity Ratio, Earning Per Share Terhadap Harga Saham. JCA Ekonomi, Vol 1(1).
Rosdian Widiawati Watung. Pengaruh Return On Asset, Net Profit Margin dan Earning Per Share Terhadap Harga Saham Pada Perusahaan Perbankan Di Bursa Efek Indonesia Periode 2011-2015. Jurnal EMBA, Vol 4(2). 518-529.
Sri Maylani Pratiwi, Miftahuddin, Wan Rizca Amelia.(2020). Pengaruh Current Ratio, Debt To Equity Ratio dan Earning Per Share Terhadap Harga Saham Pada PT. Indofood Sukses Makmur Tbk. Ilmiah Manajemen dan Bisnis (JIMBI), Vol 1(2). 20-30.
Tiya Atmaja, Elis Badariah, Fitria Haquei.(2022). Pengaruh Current Ratio dan Debt To Equity Ratio Terhadap Harga Saham Pada Perusahaan Manufaktur Sub Sektor Semen Yang Terdaftar Di Bursa Efek Indonesia. Manajmen dan Strategi Bisnis, Vol. 3(2). 71-80.
