ANALISIS PENGARUH LIKUIDITAS, SOLVABILITAS, DAN PROFITABILITAS TERHADAP RETURN SAHAM PERUSAHAAN MANUFAKTUR

Abstract

This research is meant to examine the influence of fianncial ratio which is reviewed from Current Ratio (CR), Debt Equity Ratio (DER), Return on Asset (ROA), and Earnings per Share (EPS) to the stock return ofmanufacturing companies food and beverages sector which are listed in the IDX in 2011-2015 periods. This research has been carried out by using multiple regresions analysis and the samplesare 6 companies with the numbers of observationsare 30 food and beverages companies which have gone public in Indonesia Stock Exchange in 2011-2015 periods. this research has been conducted at STIESIA Corner Indonesia Stock Exchange at STIESIA campus. The analysis instrument has been done by using SPSS program version 21.0. The result of goodness of fit test shows that the regressions model is feasible to predict current ratio, debt to equity ratio, return on assets,andearnings per share to the stock price of food and beverages companies. The determination coefficient (R2) test give large contribution, meanwhile the multiple coefficient correlation (R) has firm correlation. The result of partial hypothesis test shows that the variable of Current Ratio, Debt to Equity Ratio,Return on Assets,andEarnings per Share give significant and positive influence to the stock return.
Keywords: current ratio, debt to equity ratio, return on assets, earnings per share, stock return