PENGARUH LIKUIDITAS, SOLVABILITAS, DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA INDUSTRI TEXTILE AND GARMENT DI BEI

Abstract

This research aimed to understand the influence of liquidity, solvability, and profitability to the stock price with indicator of Current Ratio, Debt to Equity Ratio, and Return On Asset to the textile and garment company which were listed in Indonesia Stock Exchange. The population in this study is the textile and garment company which listed its shares on the Indonesia Stock Exchange (IDX) in 2014-2017. The research sample was obtained by purposive sampling method at textile and garment company which were listed in Indonesia Stock Exchange (IDX) in 2014-2017 periods an based on the determine criteria it obtained 8 samples of textile and garment companies. The analysis method used multiple linear regressions analysis with the application of SPSS 21 version.Based on the examination conducted with model feasibility test (F test), this research concluded that the research model was feasible to use. The analysis result of t test solvability and profitability gave significant influence, meanwhile liquidity did not have any significant influence to the stock price at textile and garment company which were listed in Indonesia Stock Exchange.
Keywords: liquidity, solvability, profitability, stock price, current ratio, debt to equity ratio, return on asset