The Effect of Debt to Asset Ratio and Return on Investment on Stock Price (Empirical Study on Coal Sub-Sector Mining Companies)

Authors

  • Mochamad Kohar Mudzakar1 Author
  • Raden Resa Oktaviani2 Author
  • Muhamad Salman Fajari Rumayar3 Author
  • nabila Ayu Kresna4 Author
  • Maulana Yusuf5 Author
  • Yuyu Aliwahyudin6 Author

Keywords:

Debt To Asset Ratio, Return on Investment, Stock Price.

Abstract

The purpose of the study was to determine the effect of debt to asset ratio and return on investment on 
stock prices. The research method used is explanatory the data used is secondary data. The research 
population is coal sub-sector mining companies listed on the Indonesia Stock Exchange for the 2017-2019 
period. Sampling using purposive sampling, obtained a sample of 18 companies with a total of 54 
observations. The data analysis method used panel data analysis and data testing using Eviews 10. The 
results showed that the debt to asset ratio and return on investment both partially and simultaneously had 
an effect on stock prices. 

Downloads

Published

2021-10-13

Issue

Vol. 11 No. 3 (2021): Volume 11 Issue 3 2021

Section

Articles

How to Cite

The Effect of Debt to Asset Ratio and Return on Investment on Stock Price (Empirical Study on Coal Sub-Sector Mining Companies) . (2021). Review of International Geographical Education Online, 11(3), 1609-1612. https://rigeo.org/index.php/rigeo/article/view/417