Debt To Equity Ratio Variables Research Articles

PENGARUH RASIO KEUANGAN TERHADAP RETURN SAHAM PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2021

This study aimed to determine the effect of financial ratios on stock returns of manufacture company listed in Indonesia Stock Exchange (IDX) during the period 2017-2021, either partially or simultaneously. Financial ratios studied were: current ratio (CR), debt to equity ratio (DER), return on asset (ROA), total assets turnover (TATO) and price to book value (PBV). The population in this study were manufacture companies listed in Indonesia Stock Exchange (IDX) during the period 2017-2021. Samples were 62 manufacture companies that obtained by using purposive sampling method. Data collection techniques used were documentation. Methods used for data analysis performed by multiple linear regression. These results indicate that the partial CR and TATO variable has positive effect and DER has negative effect on stock returns, while ROA and PBV has no effect. Simultaneously CR, DER, ROA, TATO, and PBV has effect on stock returns. The result of the coefficient of determination (Adjusted R2) obtained a value of 0,322, this indicates that the variable CR, DER, ROA, TATO, and PBV has effect on stock returns on manufacture company listed in Indonesia Stock Exchange (IDX) during the period 2012-2015 amounted 32,2%.

How to Equity Ratio, Profitability and Firm Value Shape Stock Prices: An In-Depth Analysis

This research aims to determine the effect of the Debt-to-Equity Ratio, Earning Per Share, and Price Earning Ratio on the share price. This research uses a quantitative approach with secondary data obtained from financial reports for the period 2015 to 2019. The research results show that simultaneously, the variables DER, EPS, and PER have a significant influence on stock prices. Partially, the DER and EPS variables have a weak influence on stock prices, while PER has a stronger influence on share prices. This finding has the implication that company management must consider these financial factors in their share price increase strategy. It is hoped that this research can contribute to financial literature and become a reference for further research. The contribution of this research to the finance literature is significant in several ways. First, this research highlights the influence of the Debt-to-Equity Ratio (DER), Earning Per Share (EPS), and Price Earning Ratio (PER) on the share price of PT Agung Podomoro Land Tbk from 2015 to 2019. Managerial Implications The study examining the effect of Debt-to-Equity Ratio, Earning Per Share, and Price Earning Ratio on stock prices provides critical insights for corporate financial managers and investors.

Analysis of The Influence of Company Fundamentals on Stcock Prices During the Transition Period and After the Implementation of the Remote Tranding System on the Stock Excange Indonesia (Study in Banking)

This study aims to determine the effect of ROE (Return on Equity, (PER) Price Earnings Ratio, DER (Debt to Equity Ratio), NPL (Non - Performing Loans), and BOPO (operating costs of operating income) on banking stock prices during the transition period and after the implementation of remote trading system technology on the Indonesian stock exchange and also examines whether there is a difference in the effect of these independent variables on stock prices in the two periods. This research was conducted with quantitative methods and used secondary data. The number of samples in this study was 6 banking companies listed on the Indonesia Stock Exchange from 2006 - 2020, where the transition period was from 2006-2009 and the remote trading period was from 2010-2020. The data were analyzed separately in both periods using multiple linear regression models, a classical assumption test, and also the Chow Test as an additional test using the SPSS 25 tool. The results showed that during the transition period only DER had no significant effect and 4 (four) other independent variables; BOPO, NPL, PER, and ROE have a significant effect on stock prices, while during remote trading the DER and PER variables have no significant effect and 3 (three) other independent variables; BOPO, PER, and NPL have a significant effect. During the transition period, the independent variables simultaneously have the effect of 70.3% on the price, but during the remote trading period, the ability of the five independent variables is only 35.5% in explaining the rise/fall of stock prices. The results of the Chow test show that there are differences in the influence or structural changes in the influence of independent variables on stock prices and the regression coefficients. There are also differences where the independent variables during the transition period are all inelastic (e < 1) and vice versa during remote trading all coefficient values the regression is elastic (e > 1).

Pengaruh LDR Dan DER Terhadap Profitabilitas Perusahaan Perbankan Yang Terdaftar di Bursa Efek Indonesia Pada Tahun 2017-2022

This study aims to examine the effect of Loan to Deposit Ratio (LDR) and Debt to Equity Ratio (DER) on Return on Asset (ROA) or Bank Profitability. This study uses time series data from financial reports and annual reports of banking companies listed on the IDX. After passing the purpose sampling stage, the appropriate sample used was 10 banking companies listed on the IDX. Data analysis is carried out quantitatively by conducting classical assumption tests which include normality tests, multicollinearity tests and heteroscedasticity tests. This study also uses multiple regression and hypothesis testing. The results showed that the research data were normally distributed, based on the normality test, multicollinearity test, heteroscedasticity test and autocorrelation test, there were no classical assumption deviations found. This indicates that the available data has met the requirements for using multiple linear regression models. The f test results show that the LDR and DER variables simultaneously have an significant effect on ROA. The t test results show that the LDR variable no effect on ROA. DER variable has a negative and significant effect on ROA.

PENGARUH ROA, CR, TATO, DER, DAN ROE TERHADAP RETURN SAHAM PERUSAHAAN SEKTOR TRANSPORTASI DAN LOGISTIK YANG TERDAFTAR DI BEI TAHUN 2019-2022

This study which aims to determine the analyzing of the partial and simultaneous influence of the Return On Asset (ROA), Current Ratio (CR), Total Asset Turnover (TATO), Debt to Equity Ratio (DER), and Return On Equity (ROE) variables on stock returns in transportation and logistics sector companies listed on the BEI for the 2019-2022 period. This study uses quantitative methods with secondary data collection techniques collected by data documentation methods. Based on the results of the analysis and discussion that can be taken from this research is that partially the variables ROA, CR, TATO, DER and ROE have no significant effect on stock returns in transportation and logistics sector companies listed on the BEI for the 2019-2022 period. Simultaneously ROA, CR, TATO, DER and ROE have no significant effect on stock returns in transportation and logistics sector companies listed on the Indonesia Stock Exchange for the 2019-2022 period. Keywords: ROA, CR, TATO, DER, ROE and Stock Return

Determinants of Stock Prices on Property and Real Estates Companies Listed in Indonesia Stock Exchange

This study analyzes the effect of debt to equity ratio (DER), current ratio (CR), and total asset turnover (TATO) on property prices and real estate companies listed on the Indonesia Stock Exchange. The study uses associative causal with quantitative methods. The analytical method used is multiple linear regression with the independent variables DER, CR, and TATO, and the dependent variable is stock prices. The data in this study used secondary data from www.idx.co.id. The population in this study are property and real estate companies listed on the Indonesia Stock Exchange for the 2022 period. The number of samples in this study is 67 companies. The results of this study indicate that DER and CR have a significant effect on stock prices, and total asset turnover has no significant effect on stock prices. The CR has a significant effect. This study uses data from 2022 with 67 property and real estate companies as a sample. This study's originality is using a combination of 3 variables: financial ratios that represent debt, liquidity, and activity ratios.

The Influence of Fundamental and Macroeconomic Analysis on Stock Price

Investments that provide quite promising returns are stock investments. To see whether stocks can be profitable or not, simply investors often look in terms of changes in stock prices. The purpose of this study is to analyze the effect of fundamental and macroeconomic analysis on stock prices. Fundamental analysis is measured by return on assets (ROA), current ratio (CR), and debt to equity ratio (DER), while macroeconomic analysis is measured by inflation and interest rates. The data used in this study is secondary data in the form of company financial reports indexed by LQ45 for the 2018-2022 period. This study uses multiple linear regression analysis. The results showed that from the fundamental factors, the ROA variable had a positive and significant effect on the stock price of the LQ45 index. Meanwhile, the CR and DER variables don't affect the stock price of the LQ45 index. From macroeconomic factors, namely inflation and interest rates, they don't affect the stock price of the LQ45 index. Simultaneously the variables ROA, CR, DER, Inflation, and Interest Rates don't affect the stock price of the LQ45 index.

Solvency, Profitability, and Financial Performance

This study set out to ascertain how solvency and profitability impacted financial performance. Using a purposive sampling technique, a mining business in the coal subsector that will be listed on the Indonesia Stock Exchange between 2016–2022, serves as the research sample. The debt to equity ratio (DER) is used to assess the solvency variable. Total assets turnover (TATO), a measure of asset utilization, and net profit margin (NPM), a measure of operating performance, are used to measure the profitability variable. Return on total assets (ROA) is a metric used to assess financial performance. The findings of this study show that all independent variables—DER, TATO, NPM, and ROA—affect the dependent variable of financial performance simultaneously and partially.

Influence Of Company Performance On Stock Return

The purpose of this study is to determine the effect of company performance on stock returns in the consumer goods sector for the period (2016-2020) and its review from an Islamic point of view. Company performance as proxied by variables ROA, CR, DER, TATO and PER. The research method used is quantitative research methods and uses secondary data. The sample used as many as 16 companies through purposive sampling method. The analytical method used is panel data regression analysis technique with a significant level of 5%. The results of this study indicate that: (1) Return on Assets (ROA) has a significant effect on stock returns (2) Current Ratio (CR) has no significant effect on stock returns (3) Debt To Equity Ratio (DER) has no significant effect on return stocks (4) Total Assets Turnover (TATO) has a significant effect on stock returns (5) Price Earnings Ratio (PER) has a significant effect on stock returns (6) ROA, CR, DER, TATO and PER simultaneously have a significant effect on stock returns.

FUNDAMENTAL FACTORS OF INDONESIAN SHARIA SHARE PRICE IN THE FINANCIAL SECTOR

Islamic stocks are securities in the form of shares that have and do not conflict with Islamic principles in the capital market. Investment in Islamic stocks is currently experiencing quite significant developments, so investors are looking at it from the side of the growth of their stock prices. One of the factors that affect stock prices is fundamental factors. The fundamental factors in this study are described as independent variables, namely the Debt-to-Equity Ratio (DER), Net Profit Margin (NPM), and Earning Per share (EPS), while the dependent variable is the Indonesian Sharia Stock Price in the Financial Sector which is listed in the Indonesian Sharia Stock Index (ISSI). This study aims to analyze the effect of DER, NPM, and EPS on Indonesian Sharia Stock Prices in the financial sector listed in the ISSI Index. The research method used is quantitative descriptive with multiple linear regression data analysis. The results of this study show that the Debt-to-Equity Ratio has a negative and insignificant effect on Sharia Stock Prices. Net Profit Margin has a positive but not significant to Islamic Stock Prices. Earning Per-share has a negative and not significant to Islamic Stock Prices. The ability of the DER, NPM, and EPS variables to explain variations in changes in the stock price variable is only 10.5%, whereas the remaining 80.5% can be influenced by other variables not examined. The implication of this study is that investors in investing do not only consider fundamental factors but other factors that are very significant to fluctuations in Islamic stock prices.

Financial Performance and Stock Prices: Evidence from Firms Listed on the Jakarta Islamic Index

This study aims to determine the effect of financial performance consisting of Return On Assets (ROA), Current Ratio (CR), Debt To Equity Ratio (DER), and Total Asset Turnover (TATO) on stock prices in companies listed in Jakarta Islamic Index period 2016-2020. The type of data used in this study is secondary data sourced from the company's financial statements, the official website of the Indonesian stock exchange, the website of each company, and the finance.yahoo.com website. The samples of this study are 9 companies that met the research criteria using purposive sampling method. The method used in this research is panel data regression analysis. The results of this study indicate that the ROA, CR, DER, and TATO variables simultaneously have a significant effect on the stock prices of companies listed on the Jakarta Islamic Index. While partially ROA has a positive and significant effect on stock prices. CR, DER, and TATO have a negative and significant effect on the stock prices of companies listed on the Jakarta Islamic Index.

Analisis Pengaruh Earning.per.Share (EPS), Price to.Book Value (PBV), Return on Asset (ROA), Current.Ratio (CR), dan Debt to Equity Ratio (DER) Terhadap Return Saham Pada Perusahan Manufaktur Subsektor Food and Beverage yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2013-2020

Return (return) is one of the goals of investors investing in the world of capital markets. There are various ways that investors do, in order to get the expected return. So investors need to analyze and also consider things that can affect stock returns. The purpose of this study was to determine the effect of Earning per Share (EPS), Price to Book Value (PBV), Return on Assets (ROE), Current Ratio and Debt to Equity Ratio (DER) on Stock Returns in Manufacturing Companies in the Food and Beverage Subsector that listed on the IDX for the period 2013-2020. The population used in this study are food and beverage companies listed on the IDX for the period 2013-2020. This study used purposive sampling technique to obtain the number of samples. Based on this technique, 14 companies were obtained to be used as samples. The data analysis technique used in this research is multiple linear regression and hypothesis testing (F test and t test) with an alpha significance level of 5%. The results of this study indicate that the variables EPS, PBV, and CR have a negative and significant effect on stock returns. The ROA variable has a positive and significant effect. While the DER variable has no effect and simultaneously shows that there is an influence between EPS, PBV, ROA, CR, and PBV on stock returns. This research is only limited to food and beverage sector companies listed on the IDX, so that further researchers are advised to extend the research period and expand the research population. And consider other variables that can affect stock returns.

Pengaruh Leverage dan Profitabilitas Terhadap Nilai Perusahaan pada Perusahaan Sub Sektor Farmasi yang Terdaftar Di Bursa Efek Indonesia Periode 2015-2019

This study aims to determine the effect of leverage and profitability on firm value. This research uses purposive sumpling technique. The population used in this study were 10 companies producing 6 samples based on predetermined criteria. This study uses secondary data from the Indonesia Stock Exchange website, SahamOk, in the form of finance reports and annual reports. Data analysis used classical assumption test, multiple linear analysis test, and t test. Leverage variables used in this study are Debt to Equity Ratio (DER) and Debt Ratio (DR). Profitability variables used in this study are Return On Equity (ROE) and Earning Per Share (EPS). The firm value variable in this study uses Tobin's Q. The results show that ROE and EPS have an effect on firm value but the DER and DR variables have no effect.

ANALISIS RASIO KEUANGAN DALAM MENGUKUR NILAI PERUSAHAAN BERDASARKAN RASIO LIKUIDITAS, RASIO SOLVABILITAS DAN RASIO PROFITABILTAS PADA PT ELANG MAHKOTA TEKNOLOGI TBK PERIODE 2012-2021

This study aims to determine the effect of Current Assets (CR), Debt to Asset Ratio (DAR), Debt to Equity Ratio (DER), Return On Assets (ROA) and Return On Equity (ROE) on Price to Book Value (PBV) at PT Elang Mahkota Teknologi Tbk for period 2012-2021. In this study the authors used causal associative research using a quantitative approach. The data analysis technique used in this study is multiple linear regression with the help of computer software, namely Statistical Product and Service Solutions (SPSS) Version 26. The sampling technique used was purposive sampling method with certain criteria and obtained a sample of 10 financial statements of Elang Mahkota Teknologi Tbk 2012-2021 period. The results of the t test show that CR, DAR and DER variables have no effect on PBV, while ROA and ROE variables have a positive effect on PBV. However, from the results of the F test together (simultaneously) CR, DAR, DER, ROA and ROE variables there is a significant effect on PBV variable. And the results of the R2 Determination Coefficient Test obtained a correlation coefficient value of 0.0947 or equal to 94.7%, which means that the relationship between CR, DAR, DER, ROA and ROE variables to PBV variable is in a very strong category, namely by 94.7% while 5.3% was influenced by other factors outside this model.

PENGARUH CORPORATE SOCIAL RESPONSIBILITY, STRUKTUR MODAL, DAN UKURAN PERUSAHAAN TERHADAP RETURN ON EQUITY PADA SEKTOR INDUSTRI BARANG KONSUMSI PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2019

Financial performance is important for every company in business competition to maintain its company. Performance measurement is needed to improve operational activities in order to be able to compete with other companies. This study aims to examine the effect of the variables Corporate Social Responsibility (CSR), Debt to Equity Ratio (DER), and Company Size (SIZE) on the Return On Equity (ROE) of manufacturing companies listed on the Indonesia Stock Exchange in 2017-2019. The manufacturing companies used in this study were 26 companies. The sample in this study amounted to 78 samples. Data were analyzed using descriptive analysis and multiple linear analysis. The results of the study revealed that the CSR and DER variables had a positive effect on financial performance, while the SIZE variable had no effect on financial performance.

THE EFFECT OF DER, SALES AND INSTITUTIONAL OWNERSHIP ON THE VALUE OF MANUFACTURING COMPANIES IN THE AUTOMOTIVE SUB-SECTOR

The goal of this study was to determine the influence of DER, sales, and institutional ownership on the value of automobile manufacturing companies. This study employs a technique known as quantitative research. In this study, the dependent variable is the estimated company value using Price Book Value (PBV). Meanwhile, the independent variables in this study are the DER predicted using the Debt to Equity Ratio (DER), the Sales projected using the Ln (Total Assets), and the Institutional Ownership projected using the Institutional Ownership Ratio. Based on the results of data analysis, it can be concluded that: 1) The DER variable has a negative and insignificant effect on firm value; 2) Sales variable has a negative and insignificant effect on firm value; 3) Influential Institutional Ownership Variables A high level of institutional ownership will encourage the institutional investors to carry out greater supervisory efforts as well; 4) DER Sales and Institutional Ownership variables simultaneously have a significant effect on firm value.

Dividend Policy Determinant: Evidence from Indonesia

This study aims to analyze the effect of Debt to Equity Ratio (DER), Current Ratio (CR), Return on Equity (ROE), and Earning Per Share (EPS) on dividend policy in companies listed in the LQ45 index on the Indonesia Stock Exchange from 2015 to 2020. The purposive sampling method was used to collect data from 24 companies listed in the LQ45 index on the Indonesia Stock Exchange from 2015 to 2020 and analyzed using the panel data regression analysis. The results showed that the most suitable model was the fixed effect model. EPS and DER variables have an effect on dividend policy, while CR and ROE variables do not affect dividend policy.

ANALISIS PENGARUH PRICE TO BOOK VALUE PADA PT SURYA CITRA MEDIA DITINJAU BERDASARKAN FAKTOR RETURN ON EQUITY, NET PROFIT MARGIN DAN DEBT TO EQUITY RATIO

This study aims to determine the effect of Return On Equity (ROE), Net Profit Margin (CR), and Debt to Equity Ratio (DER) on Price to Book Value (PBV) at PT Surya Citra Media Tbk for period of 2011-2020. The data used is sourced from the financial statements of the company. In this study the authors used quantitative research. The data analysis technique used in this study is multiple linear regression with the help of computer software, namely Statistical Product and Service Solutions (SPSS) Version 23. The sampling technique used was purposive sampling method with certain criteria and obtained a sample of 10 financial statements of PT Surya Citra Media Tbk year 2011-2020. The results of multiple linear regression analysis shows that Return On Equity (ROE) has no effect on Price to Book Value (PBV), Net Profit Margin (NPM) has no effect on Price to Book Value (PBV), while Debt to Equity Ratio (DER) positive effect on Price to Book Value (PBV). And together ROE, NPM and DER have no effect on PBV. The conclusion of this study is that the ROE, NPM and DER variables affect PBV only by 30.89% while 69.11% is determined by other factors from outside the company.

Analisis Dampak Rasio Profitabilitas dan Rasio Solvabilitas terhadap Harga Saham pada Sub Sektor Jasa Asuransi

This study has several objectives, namely to determine the simultaneous, partial and dominant influence between the variables of return on assets (ROA), return on equity (ROE), and debt to equity ratio (DER) on stock prices in insurance service sub-sector companies that listed on the Indonesia Stock Exchange. This type of research is associative quantitative research and data collection methods using documentation studies and literature studies. The sampling technique used purposive sampling by taking a sample of 5 years with 10 companies. The results showed that the independent variables had a simultaneous effect on profitability. The t-test shows that the ROA variable has a partial effect on Stock Prices and the ROE variable has a partial effect on Stock Prices and also the DER variable has a partial effect on Stock Prices.

Pengaruh EPS, PER, dan DER Terhadap Harga Saham Pada Perusahaan Rokok yang Terdaftar di Bursa Efek Indonesia

Abstract
 
 This research was conducted on 4 cigarette companies listed on the Indonesia Stock Exchange with financial statements in 2013 - 2017 with the aim to determine the influence of Earning Per Share (EPS), Price Earning Ratio (PER) and Debt to Equity Ratio (DER) simultaneously and partially on the share price of Cigarette Companies listed in IDX in 2013 – 2017. This type of research uses causal research. Data is collected by documentation, data analysis methods in the form of multiple linear regression analysis. The results showed that there was a significant influence of EPS, PER and DER simultaneously on the share price, there was a significant influence of EPS partially on the share price, while the variables PER and DER partially had no significant effect on the share price of cigarette companies listed on the Indonesia Stock Exchange (IDX) year 2013 – 2017. Variable EPS that has a dominant effect on the share price with the value of Standardized Coefficients Beta = 0.870.
 Keyword: EPS, PER, DER, Share Price.