PENGARUH RASIO LIKUIDITAS, SOLVABILITAS, DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aimed to find out the effect of liquidity, solvability, and profitability which was referred to as Current Ratio (CR), Debt to Equity Ratio (DER), and Return On Equity (ROE); on stock price. Moreover, the population was banking companies listed on the Indonesia Stock Exchange (IDX) during 2017- 2021. Furthermore, the data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 6 banking companies as the sample. Additionally, the data were secondary, in the form of companies’ financial statements. The data analysis technique used multiple linear regression with SPSS (Statistical Product and Service Solution) 26. Based on the t-test, it concluded that liquidity (CR), solvability (DER), and profitability (ROE) had a positive and significant effect on the stock price. It meant the incline or decline of CR, DER, and ROE had a sufficient impact on the stock price of banking companies listed on the Indonesia Stock Exchange during 2017- 2021.