Effect Of Financial Ratios Research Articles

The Effect of Financial Ratios on Profit Growth in Food and Beverage Companies Listed on the Indonesia Stock Exchange

The purpose of this research is to collect data that shows how various financial ratios affect company profit growth. Some of the ratios used in the analysis are the Current Ratio (CR), Debt to Equity Ratio (DER), Net Profit Margin (NPM), Total Asset Turnover (TATO), and Profit Growth (Y). The study covers the period from 2021 to 2023 and is limited to food and beverage companies listed on the Indonesia Stock Exchange. Eighteen companies were sampled in this research. The t-test was used to test hypotheses, with classical assumption tests and multiple linear regression models employed for data analysis. The partial investigation shows that the Current Ratio (CR) does not significantly affect profit growth, while Debt to Equity Ratio (DER), Net Profit Margin (NPM), and Total Asset Turnover (TATO) do have a significant impact. The Current Ratio (CR), Debt to Equity Ratio (DER), Net Profit Margin (NPM), and Total Asset Turnover (TATO) are used as independent variables, while Profit Growth (Y) is the dependent variable in this study

THE EFFECT OF FINANCIAL RATIO AND BUSINESS RISK ON FIRM VALUE

The purpose of this study is to obtain empirical evidence regarding the effect of financial ratios and business risk on firm value. There are eight independent variables in this study, namely profitability, leverage, liquidity, business risk, company size, institutional ownership, asset management, and company growth. The object of this research is manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2020-2022 with specifications for the energy industry, consumer cyclicals, and consumer non-cyclicals. The sampling technique used in this study is purposive sampling and uses multiple regressions in analyzing data. There are 58 companies that passed the sample selection criteria from 174 data. The results of this research indicate that profitability, leverage, business risk, and firm size affect firm value. Meanwhile, other independent variables such as liquidity, institutional ownership, assets management, and company growth have no effect on firm value.

Pengaruh Rasio Keuangan terhadap Harga Saham Rumah Sakit Privat yang Terdaftar di Bursa Efek Indonesia

Private Hospital is a health institution aimed at profit. Some of them even trade shares on the stock exchange to obtain additional capital. The literature that examines share price of hospitals is still limited. For this reason, this research aims to obtain empirical results regarding the effect of financial ratios on private hospital stock prices. This research was conducted in Indonesia with testing year 2016 to 2022. Data source was obtained from OSIRIS with SIC 806. Researchers used STATA14 to carry out statistical tests. The tests carried out are Pearson correlation test, Classical assumption test, and Multiple linear regression test. Results show that ROA has a positive effect on stock prices, but other financial ratios used in the model have no significant effect.

The Effect of Financial Ratios and Company Size on Tax Management in Manufacturing Companies Listed on The Indonesia Stock Exchange in 2019-2022

The Effect of Financial Ratios and Company Size on Tax Management in Manufacturing Companies Listed on The Indonesia Stock Exchange in 2019-2022

The Effect of Financial Ratios on Stock Returns: By Mediation of Price Earning Ratio

This study was conducted to analyze financial ratios effects towards Stock Returns in which the mediating variable is Price Earning Ratio (PER). The financial ratios are Debt to Equity Ratio (DER), Price to Book Value (PBV), and Return on Equity (ROE). This study uses a population of 65 real estate and property enterprises appeared in Indonesia Stock Exchange (IDX). This research’s samples are 36 companies registered in 2018-2020 IDX list. The data analysis technique uses Partial Least Square. The results showed (1) ROE and DER did not directly affect Stock Returns, (2) PBV directly affected Stock Returns, (3) ROE had an effect on Stock Returns partially mediated by the PER, (4) PBV and PER had no effect on Stock Returns mediated by the PER. The implications of the research result in investors needing to know the right time to make profitable investment decisions by analyzing the company's financial ratios to Stock Returns, which are an indicator of the level of profit earned by investors.

The Effect of Financial Ratios on Stock Prices

This study aims to provide empirical evidence on the impact of fundamental factors on stock prices. The factors identified in this study include the current ratio, return on assets, debt to equity ratio, earning per share, and price earnings ratio. The study was conducted on 20 manufacturing companies in the basic industry and chemical sector listed on the Indonesia stock exchange during 2019-2021. The purposive sampling method was used to select the sample. The multiple regression model was employed as a statistical testing tool. The study found that return on assets and earning per share have a significant and positive impact on stock prices, consistent with the hypothesis. However, the current ratio, debt Equity ratio, and price earnings ratio do not significantly impact stock prices.

Effect Of Financial Ratio and Company Size on Profit Growth in Industrial Variety Sector Companies Listed in Indonesia Stock Exchange 2015-2017 Period

This study aims to analyze the influence of the current ratio, inventory turnover, debt to equity, and company size on profit growth in various sub-industry companies listed on the Indonesian stock exchange. The sample in this study were 22 companies for the research period of 2015-2017, with the sampling method used purposive sampling. The test used in this study is the classic assumption test (normality test, multicollinearity test, heteroscedasticity test, and autocorrelation test), multiple linear regression is used as an analysis tool and to test the hypothesis used t-test, f-test and R² test. The linear regression equation answers Y = -60.03827 + 23.127291X1 + 9.931366X2 + 7.706515X3 - 2.907177X4. The results of the study show that there is a positive and significant influence between the Current ratio on earnings growth, indicating that poor company liquidity will affect the decline in the value of profits in various sub-industry companies. Inventory Turnover has a positive and significant effect indicating the effectiveness of inventory turnover to increase profit growth in various sub-industry companies. Debt to Equity and company size have no effect on profit growth in various industrial Sub companies listed on the Indonesia stock exchange.

Pengaruh Rasio Keuangan Terhadap Harga Saham Sektor Perbankan Selama Pandemi Covid-19 2019-2021

The purpose of this study is to obtain empirical evidence regarding the effect of financial ratios on stock prices. The ratios used are NPM, DER, CR, ROA and TATO. The population of this study are all banking companies listed on the Indonesia Stock Exchange (IDX) in 2029-2021 which year is the beginning and peak of the Covid-19 pandemic. The sampling technique uses purposive sampling. Data analysis technique using panel data regression with e-views application 10. The population of this study amounted to 47 companies and the samples obtained were 37 companies. Observations made by researchers on 141 company years. This study proves, first, that the NPM variable is supported or the results show negative. Second, the DER variable has a negative effect on stock prices. Third, the CR variable is not supported. Fourth, the ROA variable in the fourth hypothesis must be discarded because all the assumptions needed in the first data processing are not supported, so data transformation is needed. Fifth, the TATO variable affects stock prices. Kata kunci: NPM, DER, CR, ROA, TATO, Harga Saham. The purpose of this study is to obtain empirical evidence regarding the effect of financial ratios on stock prices. The ratios used are NPM, DER, CR, ROA and TATO. The population of this study are all banking companies listed on the Indonesia Stock Exchange (IDX) in 2029-2021 which year is the beginning and peak of the Covid-19 pandemic. The sampling technique uses purposive sampling. Data analysis technique using panel data regression with e-views application 10. Observations made by researchers on 141 company years. This study proves, first, the NPM variable in the first hypothesis is not supported or the results show negative. Second, the DER variable in the second hypothesis is supported, namely DER has a negative effect on stock prices. Third, the CR variable in the third hypothesis is not supported. Fourth, the ROA variable in the fourth hypothesis must be discarded because all the assumptions needed in the first data processing are not supported (figure 11) so that data transformation is needed. Keywords: NPM, DER, CR, ROA, TATO, Stock Price.

Rasio Keuangan dan Harga Saham Perusahaan di Bursa Efek Indonesia

The purpose of this study is to obtain empirical evidence regarding the effect of financial ratios on stock prices. The ratios used are DER, CR, PER, ROA and NPM. The population of this study are all non-financial companies listed on the Indonesia Stock Exchange (IDX) in 2021-2022. Purposive sampling is used in the research sampling technique. Multiple linear regression analysis with the SPSS 25 program was used as an analytical technique. Based on an analysis of 284 company years, this study concludes that DER, PER and ROA have a positive effect on stock prices. CR has a negative effect on stock prices and NPM has proven to have no effect on stock prices. The results of this study indicate that an increase in DER, PER and ROA is in line with an increase in stock prices. Conversely, each increase (decrease) in CR causes a decrease (increase) in the share price.

The Effect of Financial Ratio on Financial Distress (Empirical Study on Sub Industry of Hotels, Resorts and Cruise Lines Listed on The Indonesia Stock Exchange)

Financial distress is a condition of a company starting to weaken where the company's performance continues to decline marked by a significant decrease in company profits in successive periods and if not addressed quickly, the company can go bankrupt. The occurrence of financial difficulties was triggered by various factors. Both internal and external factors of the company. Internal factors causing financial difficulties such as the company's lack of ability to work and maintain financial performance stability, resulting in the company being in a state of loss. The external factor causing financial difficulties is the weakening of people's economic income globally, such as the economic situation experienced during the COVID-19 pandemic crisis. This study aims to determine the effect of the liquidity ratio, profitability ratios, leverage ratios, activity ratios, and sales growth to financial distress, the title for this research is "The Effect of Financial Ratios on Financial Distress (Empirical Study on Hotels, Resorts and Cruise lines Sub-Industry Companies Listed on the Indonesia Stock Exchange). The type of research that will be used is associative quantitative research. Associative quantitative research, or research that investigates the relationship between two or more variables. The object of this research is the hotel, resorts and cruise lines sub-industry companies listed on the Indonesia Stock Exchange in 2019-2021. 16 companies that will be the research sample, with the sample technique used in this study is to use the purposive sampling method. Keywords: Liquidity, Profitability, Leverage, Activity, Sales Growth, Financial Distress.

The Effect Of Financial Ratio On Firm Value: Food and Beverage Sector Listed In IDX

A company is established with the aim of achieving profits and prosperity for company owners and shareholders in an industry. However, not all standing companies get maximum profits, so this study aims to determine whether the independent variables of financial ratios such as dividend policy, investment decision, leverage, profitability and firm size can affect the dependent variable firm value. This study took samples from companies listed on the IDX engaged in the food and beverage sector in 2017-2021 with the final sample used to conduct the research as many as 62 companies. The method of data analysis in this study uses the panel regression method which is useful for predicting and knowing the value of one variable against other variables. This research reveals that the independent variables dividend policy, investment decision and leverage have no significant effect on firm value, while the independent variables profitability and firm size have a significant but negative relationship to the dependent variable firm value.

Moderation Analysis of Good Corporate Governance on the Effect of Financial Ratio and Market Ratio on Financial Distress

Moderation Analysis of Good Corporate Governance on the Effect of Financial Ratio and Market Ratio on Financial Distress

The Effect of Financial Ratios and Company Size on Company Financial Performance

The goal of this study is to learn more about the effect of Total Asset Turnover, Current Ratio, Leverage, and Company Size on Company Financial Performance. This study uses a sample of 26 manufacturing companies in the consumer goods industry during 2017-2020 which can be seen on the IDX obtained using the purposive sampling method. The application used for data processing in this research is E-views 12. This test results that Total Asset Turnover and Company Size have a significant impact on the Financial Results of the Firm, Current Ratio has a negative and insignificant effect on the Firm Performance, and Leverage has a negative significant impact on the Firm Performance. From this research, high-quality management is needed to encourage companies to improve their performance to figure out how to compete with the best strategies and subsequently maintain the Company’s Financial Performance for the survival of the firm.

The Effect of Financial Ratios and Company Size on Company Financial Performance

The goal of this study is to learn more about the effect of Total Asset Turnover, Current Ratio, Leverage, and Company Size on Company Financial Performance. This study uses a sample of 26 manufacturing companies in the consumer goods industry during 2017-2020 which can be seen on the IDX obtained using the purposive sampling method. The application used for data processing in this research is E-views 12. This test results that Total Asset Turnover and Company Size have a significant impact on the Financial Results of the Firm, Current Ratio has a negative and insignificant effect on the Firm Performance, and Leverage has a negative significant impact on the Firm Performance. From this research, high-quality management is needed to encourage companies to improve their performance to figure out how to compete with the best strategies and subsequently maintain the Company’s Financial Performance for the survival of the firm.

The Effect of Financial Ratios and Company Size on Company Financial Performance

The goal of this study is to learn more about the effect of Total Asset Turnover, Current Ratio, Leverage, and Company Size on Company Financial Performance. This study uses a sample of 26 manufacturing companies in the consumer goods industry during 2017-2020 which can be seen on the IDX obtained using the purposive sampling method. The application used for data processing in this research is E-views 12. This test results that Total Asset Turnover and Company Size have a significant impact on the Financial Results of the Firm, Current Ratio has a negative and insignificant effect on the Firm Performance, and Leverage has a negative significant impact on the Firm Performance. From this research, high-quality management is needed to encourage companies to improve their performance to figure out how to compete with the best strategies and subsequently maintain the Company’s Financial Performance for the survival of the firm.

The Effect of Financial Ratios on Stock Return of Telecommunication Companies Listed on IDX 2009 – 2016.

This study aims to analyze the influence of Return On Equity (ROE), Earning Per Share (EPS), Debt Equity Ratio (DER) separately and simultaneously on stock returns of Telecommunication Companies. This research was analyzed by quantitative analysis. The method used to analyze the data was panel data method using eviews 9 as a data processing tool. Of the three independent variables examined in this study, based on the t test (partially) the Return On Equity, Earning per Share and Debt to Equity Ratio have no significant effect on stock returns of telecommunications companies listed on the IDX in 2009 - 2016. Simultaneously ( test F) the five independent variables studied together did not have a significant effect on the stock returns of telecommunications companies listed on the IDX from 2009-2016. The independent variables studied were only able to explain the stock return variability of 1.2%. Abstrak Penelitian ini bertujuan untuk mengetahui Menganalisis Pengaruh Pengaruh Return On Equity (ROE), Earning Per Share (EPS), Debt Equity Ratio (DER) secara sendiri-sendiri dan simultan terhadap return saham Perusahaan Telekomunikasi. Penelitian ini dianalisis dengan analisa kuantitatif metode yang digunakan untuk menganalisis data adalah metode data panel dengan menggunakan eviews 9 sebagai tools pengolahan data. Dari tiga variabel bebas yang diteliti dalam penelitian ini, berdasarkan uji t (secara parsial) maka Return On Equity, Earning per Share dan Debt to Equity Ratio tidak berpengaruh signifikan terhadap return saham perusahaan telekomunikasi yang terdaftar di BEI tahun 2009 – 2016. Secara simultan (uji F) kelima variabel bebas yang diteliti bersama-sama tidak memberikan pengaruh signifikan terhadap return saham perusahaan telekomunikasi yang terdaftar di BEI dari tahun 2009-2016. Variabel-variabel bebas yang diteliti hanya mampu menjelaskan variabilitas return saham sebesar 1,2%.

Analisis Rasio Keuangan terhadap Harga Saham pada Perusahaan Farmasi yang Terdaftar di Bursa Efek Indonesia

This study was conducted with the aim of knowing the effect of financial ratios namely Return on Assets, Current Ratio and Earning Per Share on stock prices in the pharmaceutical industry listed on the Indonesia Stock Exchange. The data used by researchers is in the form of secondary data, namely using recorded financial reports and published on the Indonesian Stock Exchange for the period 2018 - 2021. There are 14 companies that are included in the research sample criteria. The tools for the analysis used are multiple regression with the F test, t test and the coefficient of determination with the classical assumption test and processed using the SPSS data processing program. The gains from this study show simultaneously that all variables have a positive and significant effect on stock prices. With the acquisition of adjusted R-square (R2) of 0.365, it shows that the variables from ROA, CR and EPS have an influence on stock prices of 36.5% with a residual value of 63.5% with the influence of variables outside the research.

Factors Affecting Financial Distress in Small and Medium Enterprises (SMEs) in Indonesia: An Empirical Study

Aims: The research conducted aims to see the effect of financial ratios in the ability to predict the possibility of a company in experiencing financial distress.
 Study Design: The independent variables in this study are leverage, liquidity and profitability. The control variables consist of firm size and age of the company while the dependent variable is financial distress as measured by the Z-score.
 Place and Duration of Study: The sample used in this research is a company listed on the 2017-2021 PEFINDO index on Bursa Efek Indonesia.
 Methodology: The number of samples used were 65 companies with a total of 325 observations using purposive sampling.
 Results: The results showed that leverage had a positive significant effect on financial distress meanwhile profitability and age had a negative significant effect on financial distress.
 Conclusion: The company is expected to minimize the use of leverage which used to fund total assets. In addition, the company is expected to be able to increase company's net profit to minimize it’s possibility in experiencing financial distress and companies with a mature age to keep maintaining leverage and profitability in order to avoid the risk of financial distress. Investors are expected to choose companies by looking at low leverage ratios, high profitability, and companies with old ages so that the risk of investment can be minimized. The government is expected to be able to provide capital to companies so that the company's leverage can be lower as well as an increase company’s profitability as a result of increasing company productivity in doing business.

The Effect of Financial Ratio and Exchange Rate on Stock Return

This study aims to test whether there is a relationship between financial ratios and the exchange rate on stock returns. Data taken from IDX is a transportation sub-sector company during 2017- 2019. Analysis was performed using multiple linear regression analysis. The results of this study indicate that financial ratios such as Return on Assets and Debt to Equity Ratio have a positive impact on stock returns. The Exchange Rate variable has a negative impact on Stock Return. Meanwhile, the Current Ratio and Price Earnings Ratio do not contribute to an increase or decrease in Stock Returns. The implications of this study indicate that this research can be used as a reference that profitability can be used as a guide for investors in investing their funds. In addition, the current ratio cannot be used as a reference that a company with a high current ratio will also have a high stock return

PENGARUH RASIO KEUANGAN TERHADAP FINANCIAL DISTRESS PERUSAHAAN FOOD & BEVERAGE

Financial distress is a kind of condition where a company has experiencing difficulties in financial in fulfilling its various obligations (insolvency). Several food & beverage sub sector companies have shown a significant decline in profits in their first quarter performance in 2019. This shows there is a threat of financial distress. This study tries to determine/examine the effect of financial ratios on financial distress in manufacturing companies engaged in the food and beverage in Indonesia Stock Exchange (IDX) for 2015 to 2019. 18 (eighteen) companies are examined. The statistical method used in this study is regression logistics. It can be concluded that the ratio of profitability, liquidity ratio, and ratios activity have no effect on financial distress. While, the market ratio, solvency ratio has an effect on financial distress.