PengaruhCurrent Ratio Dan Total Asset Turnover Terhadap Harga Saham Pada PT XL Axiata TbkPeriode 2010-2020
Abstract
This study aims to determine the effect of Current Ratio (CR) on stock prices, the effect of Total Asset Turnover (TATO) on stock prices and the effect of Current Ratio (CR) and Total Asset Turnover (TATO) on stock prices, either partially or simultaneously at PT. XL Axiata, Tbk period 2010-2020. The method used to collect data is quantitative data from secondary sources with data collection techniques using literature or literature studies, documentation research, and research via the internet. The methods used include: financial ratios, descriptive statistical analysis, classical assumption test, linear regression analysis, coefficient of determination test (R2) and hypothesis testing. The population used in this study is this research is the financial statements of PT. XL Axiata, Tbk in 2010-2020. The sample used in this study is the 2010-2020 balance sheet and income statement. The results of the research conducted indicate that the Current Ratio has an effect on stock prices, it is shown that the value of tcount>ttable (2,370>1,860). The results of the research conducted indicate that the Total Asset Turnover has an effect on stock prices, it is shown that the value of tcount>ttable (5.320>1.860). Based on the results of the research conducted, it shows that the Current Ratio and Total Asset Turnover simultaneously affect stock prices, it is known that theFvaluecalculated>Ftable (14,602> 2,46). The value of the coefficient of determination is 78.5%. while the remaining 21.5% is explained byvariables independent otheroutside the model.
Keywords: Current Ratio, Total Asset Turnover, Stock Price
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