THE INFLUENCE OF LIQUIDITY RATIO, LEVERAGE RATIO, ACTIVITY RATIO AND PROFITABILITY RATIO ON STOCK RETURN OF MINING COAL COMPANY LISTED IN INDONESIA STOCK EXCHANGE (PERIOD OF 2013 S.D. 2017)
Rony Marthin Sitohang, Iman Suriawinata, Rimi Gusliana Mais
STEI Indonesia Jakarta
Abstract
Abstract – This study discusses the possible influence of liquidity ratio, leverage ratio, activity ratio and profitability ratio on stock return of mining coal company listed in the Indonesia Stock Exchange (IDX). This research uses coparative research, which uses multiple linear regression-based methods with Eviews 11. The population of this research is mining coal companies listed in the Indonesia Stock Exchange (BEI) in 2013 up to 2017. The research sample uses the purpose sampling method with a sample size of 19 mining coal companies so that the total observation in this study was 95 observations. The data used in this study include secondary data. Data collection techniques using documentation methods through the official website of IDX: www.idx.co.id, www.investing.com and www.sahamok.com. test hypotheses using the t test. The results of the study prove that CR, DER and ROA was approved for the stock return of mining coal companies listed on the IDX for the 2013-2017 period. While TATO were not approved for the stock return of mining coal companies listed on the Indonesia Stock Exchange in the 2013-2017 period.
Keywords: Return Saham (RS), Current Ratio (CR), Debt to Equity Ratio (DER), Total Asset Turnover (TATO), Return on Asset (ROA)
Topic: Management Accounting