Pengaruh Likuiditas dan Solvabilitas Terhadap Return Saham
Keywords:
Liquidity, Solvency, Stock ReturnsAbstract
This research aims to determine the effect of liquidity and solvency on stock returns at PT Ultrajaya Milk Industry & Trading Company Tbk for the 2018-2022 period partially or simultaneously. The sample selection was carried out using the financial reports (balance sheet, profit and loss report, notes to financial reports) of PT Ultrajaya Milk Industry & Trading Company Tbk for the 2018-2022 period. The analysis method uses descriptive statistical analysis, classical assumption test, t test, f test and coefficient of determination test (R2) using the SPSS version 26 application. The results of this research show that partially liquidity, liquidity ratios are measured using the Current Ratio (CR) formula. has a no significant effect on stock returns, while the solvency ratio measured using the Debt to Equity Ratio (DER) formula partially has no significant effect on stock returns. Simultaneously, the liquidity ratio is measured using the Current Ratio (CR) formula, and the solvency ratio is measured using the Debt to Equity Ratio (DER) formula which has a no significant effect on stock returns.
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