The Influence of CR, DER and NPM on Stock Returns in Telecommunication Sub-Sector Service Companies Listed on the Stock Exchange for 2012-2018

  • Hasanudin Universitas Nasional Jakarta, Indonesia
Keywords: Stock Return, Current Ratio, Debt to Equity Ratio, Net Profit Margin.

Abstract

Current Ratio (CR), Debt to Equity Ratio (DER), and Net Profit Margin (NPM) will all be examined to see what effect they have on stock returns. The study's participants are publicly traded Indonesian telecommunications service providers. In the financial reports of each telecommunications operator from 2012 to 2018, this data source relies on secondary data. Four of the five telecommunications businesses in this study were selected for this study utilizing purposive sampling. In this experiment, SPSS 23 is utilized to do multiple linear regression data analysis. With a significant level less than or equal to 0.05, the estimated F value of 3.034 shows that the variables Current Ratio, Debt to Equity Ratio, and Net Profit Margin all effect stock returns simultaneously Due to the low significance of the current ratio (0.418), Debt to Equity Ratio and Net Profit Margin take precedence over Current Ratio in determining stock returns.

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Published
2022-02-11
How to Cite
Hasanudin. (2022). The Influence of CR, DER and NPM on Stock Returns in Telecommunication Sub-Sector Service Companies Listed on the Stock Exchange for 2012-2018 . ENDLESS : International Journal of Future Studies, 5(1), 109-118. https://doi.org/10.54783/endless.v5i1.235