The Impact of Current Ratio, Return On Assets and Company Size Toward Share Prices of Coal Companies Listed on the Indonesia Stock Exchange in 2016 - 2020

Year 2022, Volume: 4 Issue: 6, 333 - 348, 01.04.2022

Vicky Oktavia

Abstract

This research was conducted to examine the impact of the relationship between the current ratio, return on assets, and firm size for the stock price of coal companies on the Indonesia Stock Exchange. The information presented in the company's financial statements is secondary data used for the analysis of this data. The population in this study were 26 coal companies that listed their shares on the Indonesia Stock Exchange (IDX). The sample selection method uses a purposive sampling method with qualifications of coal companies that publish their financial statements for the 2016 to 2020 period which consists of 75 data from 15 companies. The findings and conclusions of this study prove that the current ratio has no effect on share prices, while return on assets and firm size have a significant effect on the stock price of coal companies on the Indonesia Stock Exchange with a significance level of less than 0.05

Keywords

Current Ratio, Return On Assets, Company Size, Stock Prices, Current Ratio, Return On Assets, Company Size, Stock Prices

Supporting Institution

University of Dian Nuswantoro

The Impact of Current Ratio, Return On Assets and Company Size Toward Share Prices of Coal Companies Listed on the Indonesia Stock Exchange in 2016 - 2020

Abstract

Bu araştırma, Endonezya Menkul Kıymetler Borsası'nda kömür şirketlerinin hisse senedi fiyatları için cari oran, varlık getirisi ve firma büyüklüğü arasındaki ilişkinin etkisini incelemek amacıyla yapılmıştır. Şirketin finansal tablolarında sunulan bilgiler, bu verilerin analizinde kullanılan ikincil verilerdir. Bu çalışmanın popülasyonu, hisselerini Endonezya Menkul Kıymetler Borsası'nda (IDX) kote eden 26 kömür şirketiydi. Örneklem seçim yönteminde, 15 şirkete ait 75 veriden oluşan 2016-2020 dönemine ilişkin mali tablolarını yayınlayan kömür şirketlerinin nitelikleri ile amaçlı bir örnekleme yöntemi kullanılmaktadır. Bu çalışmanın bulgu ve sonuçları, Endonezya Menkul Kıymetler Borsası'ndaki kömür şirketlerinin hisse senedi fiyatları üzerinde, aktif kârlılığı ve firma büyüklüğünün, 0,05'ten küçük bir anlamlılık düzeyi ile, cari oranın hisse fiyatları üzerinde hiçbir etkisinin olmadığını, aktif kârlılığının ve firma boyutunun ise önemli bir etkiye sahip olduğunu kanıtlamaktadır.

Keywords

Cari Oran, Aktif Kârlılığı, Şirket Büyüklüğü, Hisse Senedi Fiyatları

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