Pengaruh Current Ratio, Debt to Equity Ratio, dan Net Profit Margin terhadap Harga Saham pada Perusahaan Teknologi yang Terdaftar di BEI

Muhammad Rivantino; Nisfu Fhitri

doi:10.30640/inisiatif.v5i2.6227

Authors

Muhammad Rivantino Universitas Asahan
Nisfu Fhitri Universitas Asahan

DOI:

https://doi.org/10.30640/inisiatif.v5i2.6227

Keywords:

Current Ratio, Debt to Equity Ratio, Net Profit Margin, Stock Price, Technology Companies

Abstract

This study aims to determine the Current Ratio, Debt to Equity Ratio, and Net Profit Margin simultaneously and partially affect the Share Price of Technology Companies Listed on the IDX. The type of research is quantitative research that is descriptive. Data analysis in the study used multiple linear regression analysis model using SPSS for windows version 25 software. Based on the results of the F test, it shows that together with the variables Current Ratio, Debt to Equity Ratio, and Net Profit Margin have a significant effect on the stock price with a significance of 0.000 (0,000 < 0,05) and the value of Fcal > Ftable (29,873 > 2,87). The results of the t-test are known that the results of the Current Ratio are obtained with a value of -tcal (-2,682) < -ttable (-2,02809) and a significance value of 0,011 < 0,05, meaning that the Current Ratio has a negative and significant effect on the stock price. The Debt to Equity Ratio shows a value of tcal (0,104) < ttable (2,02809) and a significance value of 0,918 > 0,05, meaning that the Debt to Equity Ratio has no effect and is not significant on the stock price. Net Profit Margin shows a calculated value tcal (9,163) > ttable (2,02809) and a significance value of 0,000 < 0,05, meaning that Net Profit Margin has a positive and significant effect on the stock price. The results of the determination coefficient (R2) test show the value of R Square or correlation coefficient of 0,713, meaning that the influence of independent variables on dependent variables is good resulting in a coefficient of > 50%.

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