Effect of Return on Equity, Debt To Equity Ratio, and Current Ratio on Stock Return

Case Study of Industrial Sector Companies Listed on the Indonesia Stock Exchange for the 2017-2022 Period

Authors

  • Riska Rosdiana Universitas Mercu Buana
  • Siska Maya Universitas Indraprasta PGRI
  • Irvan Hermala Universitas Mercu Buana
  • Fathihani Universitas Dian Nusantara Jakarta

DOI:

https://doi.org/10.59889/ijembis.v4i1.344

Keywords:

Return on Equity, debt-to-equity ratio, Current Ratio, Stock Return

Abstract

This study aims to analyze the effect of Return on Equity, debt-to-equity ratio, and Current Ratio on Stock Return. The population in this study are industrial sector companies listed on the Indonesia Stock Exchange for the 2017-2022 period with the sample used as many as 13 companies. The sampling method used purposive sampling. The data collection method uses the documentation method, using stock prices, net income, equity, total debt, current assets and current liabilities obtained through the websites finance.yahoo.com and idx.co.id. The data analysis method uses the panel data regression analysis method with the help of Eviews 9 software. The results of this study indicate that Return on Equity has a positive effect on stock returns, Debt to Equity Ratio and Current Ratio do not affect stock returns.

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References

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Santoso, H., Owen, K., & Raiss

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Published

2024-01-31

How to Cite

Rosdiana, R. . ., Maya , S. ., Hermala, I. ., & Fathihani. (2024). Effect of Return on Equity, Debt To Equity Ratio, and Current Ratio on Stock Return: Case Study of Industrial Sector Companies Listed on the Indonesia Stock Exchange for the 2017-2022 Period. INTERNATIONAL JOURNAL OF ECONOMICS, MANAGEMENT, BUSINESS, AND SOCIAL SCIENCE (IJEMBIS), 4(1), 240–251. https://doi.org/10.59889/ijembis.v4i1.344