You are on page 1of 14

Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue.

1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

FINANCE | RESEARCH ARTICLE

Current Ratio, Return on Asset, and Debt-to-


Equity-Ratio on Stock-Price of Sector Property and
Real Estate
Jannati Tangngisalu1

1
Department of Management, STIEM Bongaya - Makassar. Indonesia. Email: tanggisalu.bongaya@gmail.com

Abstract:

Received: November 07, 2021


Revised: December 02, 2021
Accepted: March 12, 2022

*Corresponding author: Jannati


Tangngisalu, Department Management,
STIEM Bongaya - Makassar, Indonesia

E-mail: tanggisalu.bongaya@gmail.com

Keywords: Current Ratio, Debt To Equity Ratio, Return On Assets, Stocks Price
JEL Classification Code: E44, E43, E31

1. INTRODUCTION

Page 1 of 14
Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue. 1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

Page 2 of 14
Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue. 1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

2. Literature Review and Hypothesis Development

2.1. Current Ratio (CR) relationship with stock prices

2.2. Relationship between Debt to Equty Ratio (DER) and stock prices

2.3. Relationship between Return on asses (ROA) and stock prices

Page 3 of 14
Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue. 1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

3. Research Method and Materials

3.1. Materials and Measurement

Page 4 of 14
Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue. 1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

Page 5 of 14
Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue. 1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

Page 6 of 14
Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue. 1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

4. Results and Discussion

4.1. Description Analysis

Page 7 of 14
Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue. 1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

Page 8 of 14
Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue. 1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

4.2. Statistical Analysis

Page 9 of 14
Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue. 1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

4.3. Hypothesis Result

Page 10 of 14
Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue. 1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

Page 11 of 14
Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue. 1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

4.4. Discussion

Page 12 of 14
Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue. 1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

5. Conclusion

References

Page 13 of 14
Jannati Tangngisalu. Golden Ratio of Finance Management, Vol.2, Issue. 1 (2022)

https://doi.org/10.52970/grfm.v2i1.97

Website: https://goldenratio.id/index.php/grfm ISSN [Online]: 27766780

Page 14 of 14

You might also like