The Influence Of The Debt To Equity Ratio And Return On Assets On Stock Price at  PT. Indofood Sukses Makmur 2010 – 2020

Muhamad Irvan Rivaldi; Aria Aji Priyanto

doi:10.98765/apjbet.v3i3.144

Muhamad Irvan Rivaldi Management, Faculty of Economics and Business Pamulang University
Aria Aji Priyanto Management, Faculty of Economics and Business Pamulang University

DOI: https://doi.org/10.98765/apjbet.v3i3.144

Keywords: Debt to Equity Ratio (DER), Return On Asset (ROA), Stock Price

Abstract

This study aims to determine the effect of Debt to Equity Ratio and Return On Assets on Stock Prices at PT. Indofood Sukses Makmur Tbk for the 2010-2020 period. The method used in this research is associative with a quantitative approach. The population in this study uses the company's financial statements PT. Indofood Sukses Makmur Tbk. Sample balance sheet and profit and loss report of PT. Indofood Sukses Makmur Tbk for the 2010-2020 period. The data analysis technique used is descriptive statistical analysis, multiple linear regression analysis using SPSS version 25 (classical assumption test which includes: normality test, multicollinearity test, heteroscedasticity test, autocorrelation test), simple linear regression test, multiple linear regression test, hypothesis testing (partial test t and simultaneous F test) and test the coefficient of determination. The results of the study partially show that the Debt to Equity Ratio (DER) has no significant effect on stock prices and Return On Assets (ROA) partially has a significant effect on stock prices. Simultaneously it can be seen from the results of the F test which shows that the Debt to Equity Ratio (DER) and Return On Assets (ROA) simultaneously have no significant effect on stock prices at PT. Indofood Sukses Makmur Tbk.