Pengaruh Solvabilitas, Likuiditas dan Profitabilitas Terhadap Harga Saham Sektor Transportasi dan Logistik

Abstract

This study aims to examine the effect of solvency, liquidity and profitability on stock prices. The solvency variable is proxied by the debt to asset ratio (DAR), liquidity is proxied by the current ratio (CR), profitability is proxied by return on assets (ROA). The approach used in this study is quantitative. The type of data used in this study is secondary data from the financial statements of transportation and logistics sector companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2024. A total of 20 companies were generated from purposive samples. Multiple linear regression was set to process the research data. Data processing was carried out using SPSS version 27. The results of this study indicate that the debt to asset ratio has a negative and significant effect on stock prices, the current ratio has no effect on stock prices, and return on assets has a positive and significant effect on stock prices.