ANALISIS RASIO KEUANGAN UNTUK MENILAI RETURN SAHAM PADA PERUSAHAAN ASURANSI YANG TERDAFTAR DI BEI

Abstract

This research aims to determine and examine how the analysis of financial ratios can be used to assess the return of shares of insurance companies which listed in the Stock Exchange. The type of this research is descriptive, that is description, record and analyze condition at certain period which happened at a research object, so this research do hypothesis test.Analytical techniques used are qualitative and quantitative, ie by calculating liquidity ratios, activity, profitability and solvency. The population in this research obtained 11 insurance companies by using the method of purposive sampling on insurance companies which listed in the Indonesia Stock Exchange and based on the criteria that have been determined then obtained a sample of 10 insurance companies. The analysis method used is multiple linear regression analysis using SPSS application tool.The results showed that the variables of Debt to Equity Ratio (DER), Current Ratio (CR), Total Asset Turn Over (TATO) had a negative and insignificant influence on stock returns on insurance companies which listed on the Indonesia Stock Exchange. While the variable Return on Asset (ROA) has a positive and significant influence on stock returns on insurance companies which listed on the Indonesia Stock Exchange.
Keywords: debt to equity ratio (DER), current ratio (CR), total asset turn over (TATO), return on assets (ROA).