Pengaruh Rasio Likuiditas, Rasio Profitabilitas, Dan Rasio Solvabilitas Terhadap Return Saham Pada Perusahaan Food And Baverages Yang Terdaftar Di Bei Periode 2016 – 2018

Abstract

This study aims to determine the Effect of Liquidity Ratio which is proxied by Current Ratio, Profitability Ratio proxied by Return on Assets, and Solvency Ratio which is proxied by Debt to Equity Ratio to Stock Return on food and baverages companies listed on the Indonesia Stock Exchange Period 2016-2018. The population in this study were all food and baverages companies listed on the Stock Exchange, which were 26 companies as samples which were published on the website www.ide.co.id. The data analysis technique used is multiple linear regression analysis techniques with the SPSS program and the regression equation is known. Y = -1,8888 – 0,006X1 + 0,510X2 – 0,001X3 Based on the results of this study, it can be concluded that Current Ratio, Return on Assets, and Debt to Equity Ratio simultaneously have no significant effect on stock returns. This is evidenced by the F-count (0,750) 0,05. The application of current ratio partially has a negative and not significant effect on stock returns with a coefficient of -0,191 and a probability of 0,849, return on assets partially has a positive and insignificant effect on stock returns with a coefficient of 1,429 and a probability of 0,981. R square value of 0,052 which means the effect of current ratio, return on assets, and debt to equity on stock returns of 5,2%, while the remaining 94,8% is influenced by other variables outside this research model.