PENGARUH RASIO LIKUIDITAS LEVERAGE DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh (1) rasio likuiditas, rasio leverage, dan rasio profitabilitas terhadap harga saham (2) rasio likuiditas terhadap harga saham, (3) rasio leverage terhadap harga saham, dan (4) rasio profitabiltas terhadap harga saham. Subjek penelitian ini adalah perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia, dan objek penelitian ini adalah rasio likuiditas, rasio leverage, rasio profitabilitas dan harga saham. Teknik pengambilan sampel yang digunakan adalah purposive sampling, dan didapatkan 11 perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia. Data yang dikumpulkan dengan pencatatan dokumen, dan dianalisis dengan analisis regresi linier berganda. Desain penelitian yang digunakan dalam penelitian ini adalah kuantitatif kausal. Hasil penelitian menunjukkan bahwa: (1) rasio likuiditas, leverage, dan profitabilitas berpengaruh positif dan signifikan terhadap harga saham (2) rasio likuiditas berpengaruh positif dan signifikan terhadap harga saham, (3) rasio leverage berpengaruh negatif dan tidak signifikan terhadap harga saham, (4) rasio profitabilitas berpengaruh positif dan signifikan pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia.
Kata Kunci : harga saham, leverage, likuiditas, dan profitabilitas

This study was aimed at finding out the effect of (1) liquidity ratio, leverage, and profitability toward stock price, (2) liquidity ratio toward stock price, (3) leverage ratio toward stock price, and (4) profitability ratio toward stock price. The subject of this research is the preparation of food and beverages on the Indonesia stock exchange listed on the Indonesian Stock Exchange, and the object of this research of liquidity ratio, leverage ratio, profitability ratio and stock price. The sampling technique used was purposive sampling, and obtained 11 companies in the basic food and beverages the Indonesia stock exchange listed on the Indonesian Stock Exchange. Data is collected by recording documents, and analyzed by multiple linear regression analysis. The design used in this study was quantitative causal. The results showed that: (1) liquidity ratio, leverage, and profitability had a positive and significant effect toward stock price, (2) liquidity ratio has a positive and significant effect toward stock price, (3) leverage ratio has a negative and not significant effect toward capital stock price, and (4) profitability ratio has a positive and significant effect toward stock price at of food and beverages on the Indonesia stock exchange listed on the Indonesian Stock Exchange.
keyword : liquidity, leverage, profitability and stock price