Abstract
This study aims to determine the impact of the Current Ratio (CR), Debt to Equity Ratio (DER), Return on Assets (ROA), and Price-to-Earnings Ratio (PER) on stock prices for non-cyclical consumer stocks listed on the Indonesia Stock Exchange (IDX) during the period of 2019-2022. Data will be collected from www.idx.co.id, with a sample size of 45 drawn from a population of 129 companies effectively listed on the IDX. This includes manufacturers in the non-cyclical consumer sector. The research methodology employs a quantitative approach, examining the financial statements of companies listed on the IDX according to the sector studied. This will involve the use of annual financial statements from 2019 to 2021. The research results show that for non-cyclical consumer goods companies listed on the IDX from 2019 to 2021, the Current Ratio has an insignificant effect on stock prices when examined in isolation. Similarly, the Debt-to-Equity Ratio has an insignificant effect on stock prices when examined independently. On the other hand, the Return on Assets has a significant effect on stock prices when viewed individually. Lastly, the combined effect of the Current Ratio, Debt to Equity Ratio, Return on Assets, and Price-to-Earnings Ratio on stock prices is found to be significant.
Sign-in/Register to access full text options 
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 callMore From: Journal of Research in Business, Economics, and Education
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.
