The Effect of Return on Asset and Current Ratio on Stock Returns

Increasing Stock Return on the company is something that investors expect because when the company has a high Stock Return value, investor welfare will increase. This study aims to analyze and test how much influence Return On Assets (ROA) and Current Ratio (CR) have on Stock Returns. This Study use...

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Main Authors: Tri Utami, Dudi Hendaryan
Format: Article
Language:English
Published: Bandung: Prodi Manajemen FE Universitas Langlangbuana 2024-12-01
Series:Almana: Jurnal Manajemen dan Bisnis
Subjects:
Online Access:http://journalfeb.unla.ac.id/index.php/almana/article/view/2715
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author Tri Utami
Dudi Hendaryan
author_facet Tri Utami
Dudi Hendaryan
author_sort Tri Utami
collection DOAJ
description Increasing Stock Return on the company is something that investors expect because when the company has a high Stock Return value, investor welfare will increase. This study aims to analyze and test how much influence Return On Assets (ROA) and Current Ratio (CR) have on Stock Returns. This Study uses secondary data presented on the IDX. The population in this study was 41 tourism companies. The sample used was a purposive sampling method obtained from 15 tourism companies. The analysis method used is panel data regression analysis, classical assumption test, and hypothesis testing using the t-test and f-test. In analyzing the data, this study uses the Econometric Views (Eviews) version 12 program tool. The results showed that Return On Assets (ROA) partially had no effect on Stock Returns. While the Current Ratio (CR) partially affects Stock Returns. Simultaneously Return on Assets (ROA) and Current Ratio (CR) have a significant effect on Stock Returns. This is influenced by other variables that are not included in this study.
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institution Kabale University
issn 2579-4892
2655-8327
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publishDate 2024-12-01
publisher Bandung: Prodi Manajemen FE Universitas Langlangbuana
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series Almana: Jurnal Manajemen dan Bisnis
spelling doaj-art-dee23f4b5df74030b6796642d292ad372025-01-09T08:51:06ZengBandung: Prodi Manajemen FE Universitas LanglangbuanaAlmana: Jurnal Manajemen dan Bisnis2579-48922655-83272024-12-018355356310.36555/almana.v8i3.27152715The Effect of Return on Asset and Current Ratio on Stock ReturnsTri Utami0Dudi Hendaryan1Universitas Langlangbuana, IndonesiaUniversitas Langlangbuana, IndonesiaIncreasing Stock Return on the company is something that investors expect because when the company has a high Stock Return value, investor welfare will increase. This study aims to analyze and test how much influence Return On Assets (ROA) and Current Ratio (CR) have on Stock Returns. This Study uses secondary data presented on the IDX. The population in this study was 41 tourism companies. The sample used was a purposive sampling method obtained from 15 tourism companies. The analysis method used is panel data regression analysis, classical assumption test, and hypothesis testing using the t-test and f-test. In analyzing the data, this study uses the Econometric Views (Eviews) version 12 program tool. The results showed that Return On Assets (ROA) partially had no effect on Stock Returns. While the Current Ratio (CR) partially affects Stock Returns. Simultaneously Return on Assets (ROA) and Current Ratio (CR) have a significant effect on Stock Returns. This is influenced by other variables that are not included in this study.http://journalfeb.unla.ac.id/index.php/almana/article/view/2715return on asset (roa)current ratio (cr)stock return
spellingShingle Tri Utami
Dudi Hendaryan
The Effect of Return on Asset and Current Ratio on Stock Returns
Almana: Jurnal Manajemen dan Bisnis
return on asset (roa)
current ratio (cr)
stock return
title The Effect of Return on Asset and Current Ratio on Stock Returns
title_full The Effect of Return on Asset and Current Ratio on Stock Returns
title_fullStr The Effect of Return on Asset and Current Ratio on Stock Returns
title_full_unstemmed The Effect of Return on Asset and Current Ratio on Stock Returns
title_short The Effect of Return on Asset and Current Ratio on Stock Returns
title_sort effect of return on asset and current ratio on stock returns
topic return on asset (roa)
current ratio (cr)
stock return
url http://journalfeb.unla.ac.id/index.php/almana/article/view/2715
work_keys_str_mv AT triutami theeffectofreturnonassetandcurrentratioonstockreturns
AT dudihendaryan theeffectofreturnonassetandcurrentratioonstockreturns
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AT dudihendaryan effectofreturnonassetandcurrentratioonstockreturns