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The Effect of Return On Assets and Debt to Equity Ratio on Stock Prices of Energy sector companies contained in LQ45 (2018-2022 Period)

Volume: 143  ,  Issue: 1 , February    Published Date: 28 February 2024
Publisher Name: IJRP
Views: 129  ,  Download: 65 , Pages: 262 - 272    
DOI: 10.47119/IJRP1001431220246108

Authors

# Author Name
1 Stevanus Immanuel
2 Riswansyah

Abstract

Investment is a form of investment made by individuals or groups with the aim of obtaining profits from these activities. One of the sectors of concern in 2018-2022 is the Energy sector. The energy sector became an excellent choice in investing in this period. This is based on the fact that energy is currently the most central sector because it has a direct impact on a number of aspects, such as transportation, logistics, foodstuffs, deflation and inflation. coupled with the Covid-19 pandemic in 2020-2021, many people need transportation. Before investors decide to invest their own funds, they will conduct a fundamental analysis. The method used in this study is quantitative data that shows the value of ROA, DER, and stock prices obtained from the companys financial statements. The sampling technique used is the Nonprobability Sampling technique type of Purposive sampling. Purposive sampling is sampling that involves sampling units selected according to certain criteria with the aim of obtaining sampling units with desired characteristics. So the number of samples to be studied amounted to 25 samples from 5 issuers. ROA and DER partially have a significant influence on Stock Prices in Energy sector companies contained in LQ45 for the 2018-2022 period. With ROA as the variable that has the greatest influence. Simultaneously, ROA and DER have a significant influence on Stock Prices in Energy sector companies contained in LQ45 for the 2018-2022 period.

Keywords

  • ROA
  • DER
  • Stock Prices