PENGARUH PROFITABILITAS, LIKUIDITAS DAN SOLVABILITAS TERHADAP RETURN SAHAM (STUDI PADA PERUSAHAAN CONSUMER GOODS DI BEI)

Abstract

This research was conducted to examine the effect of profitability ratios, liquidity ratios dan solvency ratios on stock returns. Profitability ratios measured by return on assets, liquidity ratios are measured by current ratios and solvency ratios are measured by debt to equity ratio.This type of research is quantitative research. Samples were obtained by purposive sampling method, which is a non-random sampling technique where the researcher determines sampling by specifying specific characteristic and special criteria. Based on purposive sampling method, as many as 65 samples have been obtained from 13 consumer goods companies that listed on the Indonesia Stock Exchange during 2014-2018. This research using multiple linier regression analysis method using SPSS version 23. This results of this research are (1) Profitability ratiot that proxied by return on assets partially have a significant effect on stock returns. (2)The liquidity ratio proxied by the current ratio has a significant effect on stock returns and (3) The solvency ratio proxied by the debt to equity ratio also has a significant effect on stock returns.
Keywords: return on assets, current ratio, debt to equity and stock returns.