PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, DAN NET PROFIT MARGIN TERHADAP HARGA SAHAM (Studi Pada Perusahaan Real Estate & Property Yang Terdaftar di Bursa Efek Indonesia)

Abstract

This research aimed to find out the effect of the Current Ratio, Debt to Equity Ratio, and Net Profit Margin on
the stock price at real estate and property companies listed on the Indonesia Stock Exchange in 2016-2020. The
research data used secondary data with financial statements of real estate and property companies. Furthermore,
this research was quantitative. In addition, the research sample collection technique used a purposive sampling
method from 46 real estate and property companies listed on Indonesia Stock Exchange in 2016-2020. After the
sample selection process was carried out there were 9 companies used. The analysis technique of this research used
multiple linear regressions analysis with SPSS program 25 version. Based on the feasibility test (F test) showed
that the research model was feasible to use. Moreover, the analysis result of the t-test showed that the Current ratio
had a significant effect on the stock price, the Debt to equity ratio had an insignificant effect on the stock price, and
the Net profit margin had a significant effect on the stock price.