Pengaruh Current Ratio, Return on Equity dan Debt to Equity Ratio Terhadap Stock Price (Pada Perusahaan Healthcare Sub Sektor Pharmaceuticals and Healthcare Research di Bursa Efek Indonesia Periode Tahun 2015 – 2023)

Authors

DOI:

https://doi.org/10.35870/jemsi.v11i1.3773

Keywords:

Current Ratio, Return on Equity, Debt to Equity Ratio, Stock Price, Healthcare

Abstract

Finding out how the Current Ratio, Return on Equity, and debt-to-equity ratio affect Stock Price is the goal of this study (in healthcare companies in the pharmaceuticals and healthcare research subsector on the Indonesia Stock Exchange for the Period 2015–2023). This study employed a quantitative research methodology that combines a descriptive and verifying approach. Quantitative information in the form of financial statements (annual reports) from the annual reports of manufacturing companies in the food and beverage subsector listed on the Indonesia Stock Exchange for the years 2017–2023 was utilized to gather secondary data. The partial testing findings indicated that the Debt to Equity Ratio has an impact on the Stock Price, whereas the Current Ratio and Return on Equity have no effect. The Stock Price is simultaneously impacted by the Debt to Equity Ratio, Return on Equity, and Current Ratio, according to the results of the simultaneous testing.

Downloads

Download data is not yet available.

Author Biographies

  • Nenden Komalasari, Universitas Indonesia Membangun

    Universitas Indonesia Membangun, Indonesia.

  • Devyanthi Syarif, Universitas Indonesia Membangun

    Universitas Indonesia Membangun, Indonesia.

References

Aisyah, S. N., & Kusumawardhani, A. (2024). Pengaruh Current Ratio, Sales Growth, Net Profit Margin dan Firm Size. Terhadap Harga Saham: pada Perusahaan Pertambangan yang terdaftar di Bursa Efek Indonesia (BEI) periode 2016-2022. Economic Reviews Journal, 3(2), 1410-1423. https://doi.org/10.56709/mrj.v3i2.475.

Aprilliani, P., Sudaryo, Y., Mubarok, D. A. A., Herlina, L., & Suryaningprang, A. (2024). Pengaruh Current Ratio (CR) Return On Equity (ROE) Dan Price Earning Ratio (PER) Terhadap Harga Saham Pada PT Alam Sutera Tbk Periode 2013–2022. JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi), 10(2), 1474-1484. https://doi.org/10.35870/jemsi.v10i2.2370 .

Argyanezar, V. G., & Damayanti, S. (2024). The Effect of Return on Assets, Current Ratio, Total Asset Turnover, and Debt to Equity Ratio on Stock Prices. eCo-Buss, 7(1), 108-122. https://doi.org/10.32877/eb.v7i1.1231.

Arikunto, S. (2010). Prosedur penelitian suatu pendekatan praktek. (No Title).

Brigham, E. F., & Houston, J. F. (2006). Dasar-dasar manajemen keuangan.

Darmadji, T., & Fakhruddin, H. M. (2011). Pasar modal di indonesia. Jakarta: Salemba Empat, 152.

Fahmi, I. (2013). Analisis Laporan Keuangan Bandung: Alfabeta. Research Journal of Finance and Accounting, 7(6), 122-1697.

Fauziani, V. R., & Kosadi, F. (2024). Pengaruh Total Asset Turn Over, Debt To Asset Ratio, Struktur Aset dan Return On Asset Terhadap Harga Saham (Pada Perusahaan Pertambangan Sub Sektor Batu Bara Yang Terdaftar di Bursa Efek Indonesia (BEI) Periode Tahun 2016-2023). JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi), 10(4), 2781-2790. https://doi.org/10.35870/jemsi.v10i4.2937.

Fitrah, M. (2018). Metodologi penelitian: penelitian kualitatif, tindakan kelas & studi kasus. CV Jejak (Jejak Publisher).

Ghozali, I. (2016). Desain penelitian kuantitatif dan kualitatif: untuk akuntansi, bisnis, dan ilmu sosial lainnya.

Ghozali, I. (2018). Aplikasi Analisis Multivariate dengan Program IBM SPSS 25 Edisi 9. Semarang: Badan penerbit Universitas Diponegoro. Variabel Pemoderasi. E-Jurnal Akuntansi Universitas Udayana, 23(2), 1470.

Harahap, S. S. (2011). Analisis kritis atas laporan keuangan.

Hery, S. E. (2016). Analisis Laporan Keuangan-Integrated and Comprehensive Edition. Gramedia Widiasarana Indonesia.

Indonesia, I. A. (2021). Standar akuntansi keuangan.

Karlina, A., & Hamdani, D. (2024). Pengaruh Return on Asset, Net Profit Margin, Firm Size dan Debt To Equity Ratio Terhadap Harga Saham pada Perusahaan Subsektor Farmasi yang Terdaftar di Bursa Efek Indonesia (BEI) Periode Tahun 2015-2022. Economic Reviews Journal, 3(2), 1453-1469. https://doi.org/10.56709/mrj.v3i2.482.

Kuantitatif, P. P. (2016). Metode Penelitian Kunatitatif Kualitatif dan R&D. Alfabeta, Bandung.

Kurniasih, R., & Merliana, V. (2024). Pengaruh Total Asset Turnover, Debt To Equity Ratio, Current Ratio, dan Firm Size Terhadap Return On Asset pada Perusahaan Manufaktur Subsektor Makanan dan Minuman yang Terdaftar di BEI Tahun 2016-2023. Economic Reviews Journal, 3(2), 1383-1396. https://doi.org/10.56709/mrj.v3i2.471 .

Melinda, R., & Berliani, K. (2024). The Effect of Return on Assets, Interest Rates, and Inflation on Stock Prices in Private Banks 2015-2023. eCo-Buss, 7(1), 684-693. https://doi.org/10.32877/eb.v7i1.1538.

Mentari, M. L., & Kosadi, F. (2024). Pengaruh Total Asset Turnover, Current Ratio, Debt to Equity Ratio, dan Ukuran Perusahaan Terhadap Return on Asset Pada Perusahaan Sub Sektor Properti dan Real Estate. Innovative: Journal Of Social Science Research, 4(2), 7633-7652. https://doi.org/10.31004/innovative.v4i2.9991.

Munawir, S. (1995). Analisa laporan keuangan.

Musdalifah Azis, S. E., Mintarti, S., & Maryam Nadir, S. E. (2015). Manajemen Investasi Fundamental, Teknikal, Perilaku Investor dan Return Saham. Deepublish.

Noor, J. (2012). Metodologi Penelitian Skripsi, Tesis dan Disertasi Karya Ilmiah. Jakarta: Kencana Prenada Media.

Oktaviani, F., Suryaningprang, A., Herlinawati, E., & Sudaryo, Y. (2022). Pengaruh CR, QR, DER dan TATO terhadap ROA PT Pyridam Farma Tbk Periode 2012-2021. Journal of Business, Finance, and Economics (JBFE), 3(2). https://doi.org/10.32585/jbfe.v3i2.3474.

Purnasari, R. B., & Damayanti, S. (2024). Pengaruh Perputaran Arus Kas, Current Ratio, Debt to Asset Ratio dan Debt to Equity Ratio Terhadap Return on Asset pada Perusahaan Manufaktur Sub Sektor Makanan dan Minuman yang terdaftar di Bursa Efek Indonesia Tahun 2015-2022. Economic Reviews Journal, 3(2), 1436-1450. https://doi.org/10.56709/mrj.v3i2.480 .

Putri, C. N., & Kusumawardani, A. (2024). The Effect of Total Asset Turn Over, Current Ratio and Sales Growth on Return on Asset with Firm Size as a Moderating Variable (In Property and Real Estate Sub-Sector Companies Listed on the Indonesia Stock Exchange 2015-2022). Journal of Accounting and Finance Management, 5(2), 110-118. https://doi.org/10.38035/jafm.v5i2 .

Risnawati, D., & Syarif, D. (2024). Pengaruh Current Ratio, Debt To Equity Ratio, Total Asset Turnover, dan Net Profit Margin Terhadap Return On Assets. ECo-Buss, 7(1), 342-353. https://doi.org/10.32877/eb.v7i1.1466.

Ristiya, R., Suryaningprang, A., Herlinawati, E., Sudaryo, Y., & Supiyadi, D. (2024). Pengaruh Current Ratio (CR), Debt to Equity Ratio (DER), Earning Per Share (EPS) dan Price Earning Ratio (PER) Terhadap Harga Saham. Jurnal Ekonomi Bisnis, Manajemen dan Akuntansi (JEBMA), 4(1), 278-290. https://doi.org/jebma.v4n1.3622.

Rozarie, C. R. D., & Indonesia, J. T. N. K. R. (2017). Manajemen Sumber Daya Manusia.

Sandrina, I. S. I., Suryaningprang, A., Sudaryo, Y., Herlinawati, E., & Saputro, A. H. (2023). Pengaruh current ratio, return on asset, dan return on equity terhadap harga saham. Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan, 5(10).

Selvia, M., & Syarif, D. (2024). Pengaruh Current Ratio, Return on Equity dan Debt to Equity Ratio Terhadap Harga Saham pada Perusahaan Manufaktur Sub Sektor Property dan Real Estate yang Terdaftar di Bursa Efek Indonesia pada Tahun 2014-2023. Economic Reviews Journal, 3(2), 1397-1409. https://doi.org/10.56709/mrj.v3i2.474.

Sinamo, M. A., Sudaryo, Y., Ismail, G. D., Suryaningprang, A., Supiyadi, D., & Aziz, D. A. (2024). The influence of current ratio (CR), debt to assets ratio (DAR), debt to equity ratio (DER), total assets turnover (TATO) on return on assets (ROA) in swarga farma pharmacies. Jurnal Scientia, 13(01), 832-847. https://doi.org/10.58471/scientia.v13i01.

Sukamulja, S. (2017). Pengantar pemodelan keuangan dan analisis pasar modal. Yogyakarta: Andi.

Tandelilin, E. (2017). Pasar Modal Manajemen Portofolio & Investasi, Depok: PT.

Yin, R. K. (2008). Studi kasus: Desain & metode.

Downloads

Published

2025-02-05

How to Cite

Komalasari, N., & Syarif, D. (2025). Pengaruh Current Ratio, Return on Equity dan Debt to Equity Ratio Terhadap Stock Price (Pada Perusahaan Healthcare Sub Sektor Pharmaceuticals and Healthcare Research di Bursa Efek Indonesia Periode Tahun 2015 – 2023). JEMSI (Jurnal Ekonomi, Manajemen, Dan Akuntansi), 11(1), 607-618. https://doi.org/10.35870/jemsi.v11i1.3773

Most read articles by the same author(s)