Abstract

The purpose of this research is to ascertain how Return on Assets in Mining Companies Listed on the Indonesia Stock Exchange is affected by Current Ratio, Sales Growth, Net Profit Margin, and Firm Size between 2015 and 2022. This study employs a quantitative methodology that combines a verification and descriptive strategy. Various statistical tests are employed in hypothesis testing, including partial and simultaneous tests (t and f tests), multiple linear regression tests, Pearson product moment correlation coefficient tests, determination coefficient tests, and classical assumption tests. 56 mining companies' financial reports provided the sample data. Purposive sampling combined with nonprobability sampling is being used. IBM SPSS version 26.0 was the analysis tool used in this investigation. Current Ratio has a considerable impact on stock price, according to study data. A major factor influencing stock price is sales growth. The stock price is not influenced in part by firm size or net profit margin. According to the study's findings, the stock price is significantly impacted by the concurrently obtained current ratio, sales growth, net profit margin, and company size.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.