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Asian Institute of Research, Journal Publication, Journal Academics, Education Journal, Asian Institute
Asian Institute of Research, Journal Publication, Journal Academics, Education Journal, Asian Institute

Economics and Business

Quarterly Reviews

ISSN 2775-9237 (Online)

asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
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Published: 25 October 2023

Stock Price Analysis Through Net Profit Margin, Debt to Assets Ratio, Cash Ratio, and TATO in Health Sector Companies on the Indonesia Stock Exchange for the 2019-2022 Period

Annisa Digmawati, Fanny Suzuda Pohan, Zainul Kisman

Trilogy University, Indonesia

asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, management journal

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doi

10.31014/aior.1992.06.04.536

Pages: 16-28

Keywords: Cash Ratio, Debt to Assets Ratio, Net Profit Margin, Stock Price, TATO

Abstract

This study intends to examine how the stock prices of health sector companies listed on the Bursa Efek Indonesia are affected by Net Profit Margin, Debt to Assets Ratio, Cash Ratio, and TATO. The research method employed is quantitative research, where the data used is secondary data in the form of health sector company’s financial reports published on the Bursa Efek Indonesia. The sampling technique used is a non-probability sampling approach, which uses the purposive sampling as a method. The sample in this study is 17 health sector companies listed on the Bursa Efek Indonesia for the 2019-2022 period. The analysis technique used is panel data regression analysis. According to the research, Cash Ratio partially has no impact on the stock price of the company, the Net Profit Margin, Debt to Assets Ratio, and TATO all have a significant impact. The stock price of the company is also impacted simultaneously by Net Profit Margin, Debt to Assets Ratio, Cash Ratio, and TATO.

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