Open AccessANALISIS PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN TELEKOMUNIKASI INDONESIA
Author(s) -
Robert Sunarko,
Raymundus Parulian Sihotang
Publication year - 2011
Publication title -
journal of applied finance and accounting/journal of applied finance and accounting
Language(s) - English
Resource type - Journals
eISSN - 2746-6019
pISSN - 1979-6862
DOI - 10.21512/jafa.v4i1.281
Subject(s) - current ratio , asset turnover , debt to equity ratio , profit margin , debt ratio , profitability index , inventory turnover , monetary economics , solvency ratio , return on equity , stock price , business , debt to capital ratio , market liquidity , stock (firearms) , return on assets , economics , debt , equity ratio , solvency , finance , population , sociology , engineering , biology , paleontology , series (stratigraphy) , nonprobability sampling , mechanical engineering , demography
Stock price movement is influenced by many factors such as actions taken by the government, interest rates fluctuating, as well as a variety of other internal or external factors. The authors discuss the internal side of the company and the use of liquidity ratios, solvency, activity, and profitability ratios on the Current Ratio, Return on Equity (ROE), profit margin, Debt Ratio, and Total Assets Turnover. The authors discuss whether there is a relationship between each of the five ratios with stock price movement. The authors showed that each of the Current Ratio, ROE, Profit Margin and Debt Ratio Total Assets Turnover, Profit Margin and ROE only affected the stock price movement, while the Current Ratio, Debt Ratio, and Total Assets Turnover had no significant effect on stock price movements.