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

Abstract

This research aimed to observe the effect of liquidity, profitability, and solvability as a proxy with Current Ratio, Return On Asset, and Debt to Equity Ratio on the stock price. This object research used a banking company at Indonesia Stock Exchange (IDX) during the 2016-2020 periods. The sample collection technique used the purposive sampling technique, based on determined criteria it obtained 6 banking companies. The data analysis method of this research used multiple linear regression analysis with SPSS application (Statistical Product and Service Solutions) 25 version. Based on the examination conducted by the t-test showed that the liquidity ratio with the proxy of the Current ratio had a positive and significant effect on the stock price. Profitability ratio with the proxy of Return On Asset had a negative and insignificant effect on the stock price. Meanwhile, the solvability ratio with Debt to Equity Ratio proxy was positive but insignificant on the stock price at the banking company listed on Indonesia Stock Exchange in the 2016-2020 periods.
Keywords: Liquidity, profitability, solvability, stock price.