ANALISIS PENGARUH CURRENT RATIO (CR), DEBT TO EQUITY RATIO (DER), NET PROFIT MARGIN (NPM), RETURN ON ASSET (ROA) DAN TOTAL ASSET TURNOVER (TATO) TERHADAP RETURN SAHAM (Studi Kasus Pada Perusahaan Pertambangan Periode 2012-2014)
ABSTRACT: The
value of return on stock in mining companies keeps increasing annually during
the research period of 2012 to 2014. The increase in return indicates that
mining companies are able to either increase the profit or decrease the loss.
Despite the increase in return, the Current Ratio, Debt to Equity Ratio, Net
Profit Margin, Return on Assets, and Total Asset Turnover fluctuate annually
during the research period. This study aims to determine the influence of Current
Ratio (CR), Debt To Equity Ratio (DER), Net Profit Margin (NPM), Return on
Assets (ROA) and Total Asset Turnover (TATO) to return stock in mining
companies listed on the Stock Exchange at 2012-2014. The sample contains mining
companies listed on the Indonesia Stock Exchange in the period 2012-2014 using
purposive sampling. There are 30 companies that qualify as research samples.
The analysis method used in this research is autocorrelation test, normality
test, multiple regression analysis and analysis of kindness models. Based on
the results of the study indicate that the Current Ratio (CR) has no ef ect on
stock returns, Debt To Equity Ratio (DER) has no ef ect on stock return, Net
Profit Margin (NPM) has positive ef ect on stock return but not significant,
Return on Assets (ROA) does not ef ect on stock returns and Total Asset
Turnover (TATO) does not effect on stock returns.
Keywords:
Current Ratio (CR), Debt To Equity Ratio (DER), Net Profit Margin
Penulis: Yudha
Aji Pamungkas, A. Mulyo Haryanto