PENGARUH PROFITABILITAS, LEVERAGE DAN LIKUIDITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR SUB SEKTOR FOOD AND BEVERAGE YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aimed to examine and analyze the effect of Return On Assets, Debt To Equity Ratio, and Current Ratio on the shares price of Food and Beverages manufacturing companies which were listed on Indonesia Stock Exchange. While the population was Food and Beverages manufacturing companies which were listed on Indonesia Stock Exchange 2014-2018. Moreover, the data were secondary, in the form of company’s financial statement. Furthermore, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 11 samples of Food and Beverages manufacturing companies. In addition, the data analysis technique used multiple liniear regression with SPSS (Statistical Product and Service Solution) 22. The research result concluded Return On Assets had positive and significant effect on the shares price. Likewise, Debt To Equity Ratio had positive and significant effect on the shares price. On the other hand, Current Ratio had positive but insignificant effect on the shares price.
Keywords: return on assets, debt to equity ratio, current ratio, shares price