Abstract:Stock prices represent the market’s consensus regarding the fair value of a business entity, formed through a rational assessment of both financial and non-financial information. Within the frameworks of signaling theory…
ry and market efficiency, financial ratios serve as fundamental indicators reflecting a company's ability to generate profit, manage assets, and maintain short-term liquidity stability. When the market faces systemic disruptions, such as the COVID-19 pandemic, and transitions toward post-pandemic normalization, investor sensitivity to internal indicators tends to increase due to heightened external uncertainty. Consequently, a deep understanding of the internal determinants of stock prices becomes increasingly critical for data-driven investment decision-making. This study aims to empirically examine the effect of the Current Ratio (CR), Return on Assets (ROA), and Total Asset Turnover (TATO) on stock prices, both partially and simultaneously, in companies listed on the Indonesia Stock Exchange (IDX) during the 2020-2024 period. A quantitative approach was employed, using a descriptive-verificative design and secondary data drawn from audited financial statements and annual closing stock prices. The sample consisted of 91 companies selected through purposive sampling, and the data were analyzed using multiple linear regression with SPSS version 27. The analysis results indicate that all three independent variables have a positive and significant impact on stock prices, both individually and collectively. This study contributes to the capital market literature by highlighting the relevance of financial ratios in explaining stock price fluctuations in the post-pandemic period, a topic that remains underexplored in the context of developing countries.
Abstract:This research purpose to determine the financial performance of PT Indofood Sukses Makmur, Tbk in 2018-2022 period using financial ratio analysis. The basis for assessing and achieving a company is through financial analysis…
ysis so that the company can control its financial condition and create a company framework. In assessing the job prospects of a company in the past and future and assessing the achievements of a company, financial ratio analysis is used which includes liquidity ratios (current ratio), solvency ratios (debt to asset ratio), activity ratios (total asset turnover), profitability ratio (return on equity) and market ratio (earnings per share). This research is descriptive research which is studied quantitatively. The population of the research is all financial reports of PT. Indofood Sukses Makmur, Tbk is listed on the IDX in 2018-2022 period. The sample for this research is the financial position report and comprehensive income statement in 2018-2022 period. Data collection was carried out using documentation techniques. The results of this research found that the overall financial performance of PT. Indofood Sukses Makmur, Tbk in 2018-2022 period based on analysis of liquidity ratios and solvency ratios is in fairly good condition. Meanwhile, profitability ratios and market ratios are in good condition. However, regarding the activity ratio, the condition of PT. Indofood Sukses Makmur, Tbk is still not efficient so it can be said to be not good. This is due to an increase in sales and total assets during the 2018-2022 period. Based on the results of calculations and analysis of financial ratios, it can be concluded that the financial performance of PT. Indofood Sukses Makmur, Tbk in 2018-2022 period experiences growth in various aspects and profitability can increase, making the company profitable.
Abstract:Penelitian ini dilakukan untuk mengkaji dampak penerapan model Pembelajaran Berbasis Masalah (PBL) terhadap hasil belajar matematika siswa pada topik perbandingan di Sekolah Dasar Swasta AlWashliyah 80 Kisaran. Metode penelitian…
nelitian yang digunakan Adalah eksperimen dengan pendekatan kuantitatif. Teknik pengambilan sampel yang dipilih adalah pengambilan sampel klaster, yang melibatkan siswa dari kelas VI B dan VI C sebagai subjek penelitian.Teknik analisis data yang digunakan meliputi uji normalitas Shapiro-Wilk dan uji-T untuk pengujian hipotesis. Hasil uji normalitas menunjukkan bahwa data dari kedua kelas tersebut berdistribusi normal, dengan nilai signifikansi sebesar 0,052 untuk kelas eksperimen dan 0,693 untuk kelas kontrol; kedua nilai tersebut melebihi 0,05. Hasil pengujian hipotesis menunjukkan nilai Sig. (dua sisi) sebesar 0,000 < 0,05; oleh karena itu, H₀ ditolak dan H₁ diterima. Hal ini membuktikan bahwa terdapat perbedaan yang signifikan dalam prestasi belajar matematika antara siswa yang menggunakan model PBL dan mereka yang belajar secara konvensional. Oleh karena itu, model Pembelajaran Berbasis Masalah telah terbukti efektif dalam meningkatkan prestasi belajar matematika siswa.
This study was conducted to examine the impact of implementing the Problem-Based Learning (PBL) on students’ mathematics learning outcomes in the topic of ratios at AlWashliyah Private Elementary School 80 Kisaran. The research method used was an experiment with a quantitative approach. The sampling technique selected was cluster sampling, involving students from classes VI B and VI C as research subjects. The data analysis techniques used included the Shapiro-Wilk normality test and the t-test for hypothesis testing. The results of the normality test indicated that the data from both classes were normally distributed, with significance values of 0.052 for the experimental class and 0.693 for the control class; both values exceeded 0.05. The results of the hypothesis testing showed a Sig. (two-tailed) value of 0.000 < 0.05; therefore, H₀ was rejected and H₁ was accepted. This proves that there is a significant difference in mathematics achievement between students who used the PBL model and those who learned conventionally. Therefore, the Problem-Based Learning model has been proven effective in improving students’ mathematics achievement.
Abstract:Face recognition has become a common thing used in the field of surveillance and security in computer technology and image devices. This study aims to identify the usefulness of a person's face on 3 test images. This study…
dy examines the methods of cropping techniques, image enhancement through intensity measurement, and histogram analysis to improve the contrast and distribution of image intensity. In addition, the Viola-Jones algorithm is used to detect key facial features such as eyes, nose, and mouth. The results of the analysis are then applied in the feature evaluation stage, where usually between facial features are applied to measure the ratio of facial proportions. Furthermore, the comparison of proportional ratios of several images was analyzed using bar graphs and line graphs to evaluate the trend and stability of facial proportions. The results showed the best ratio stability with a smaller variation of the on-off ratio of image 2 which is 0.4762 pixels to 0.4983 pixels. Image 2 is the most ideal for face measurement systems based on geometric ratios because it provides more consistent and visible results.
Abstract:This research aims to investigate the financial performance of a company by focusing on liquidity ratio analysis and market ratio analysis. Financial performance is a key indicator in evaluating the stability and financial…
al efficiency of a company. Liquidity ratios and market ratios are used to measure the financial performance of PT Gudang Garam Tbk as a case study during the period 2021-2023. By analyzing liquidity ratios and market ratios, this research aims to provide a deeper understanding of the financial health and market valuation of PT Gudang Garam Tbk. The research findings explain that overall, PT Gudang Garam Tbk needs to focus on better liquidity management and strategic initiatives. Management should be proactive in analyzing the factors affecting the financial performance of the company and take necessary actions to improve the situation. With careful management and the right strategies, PT Gudang Garam Tbk is expected to improve its financial performance and maintain stability in the long term
Abstract:This study aims to analyze the financial performance of PT. Askrindo with a focus on liquidity and solvency ratios. Insurance companies play a crucial role in providing services to address future risks. The performance of…
f these financial companies is evaluated using financial statements consisting of balance sheets and income statements. Liquidity and solvency ratios were chosen as the primary analytical tools in this study. The analysis results indicate that PT. Askrindo has good liquidity performance, where current assets can adequately cover current liabilities. The liquidity ratio during the period 2019 to 2022 showed a positive increase, reaching an average of 297% in 2022. However, there was a decline in the solvency ratio, especially in the debt-to-equity ratio, which decreased from an average of 1.05% in 2019 to 0.78% in 2022. This situation can affect the company's ability to bear high risks, especially due to high premiums. Therefore, PT. Askrindo needs to take steps to increase capital and ensure efficient use of assets to strengthen its overall financial position. In conclusion, although PT. Askrindo has good liquidity performance, so the company needs to increase capital and improve its solvency ratio. This is expected to increase creditor and investor confidence and strengthen the company's ability to face future risks.
Abstract:This study aims to compare the financial performance of SOEs engaged in the infrastructure sector, the building construction sub-sector, and conduct stock offerings on the Indonesia Stock Exchange for the 2020 and 2021 periods.…
eriods. This research is a descriptive type of research. The data used is in the form of company financial report data obtained from the STIEM Bongaya Makassar Investment Gallery and visiting the website www.idx.co.id to obtain supporting information. Financial ratio analysis techniques use liquidity ratios, solvency ratios, activity ratios, profitability ratios, and market value ratios to calculate company financial data. Financial report data that has been calculated using financial ratios is then analyzed and interpreted based on a comparison between the financial ratios of each company and the industry average value. Then do a comparison of the financial performance of the four companies to find out which company has a better level of financial performance. The results of the analysis show that of the overall financial ratios used, PT. Pembangunan Perumahan (Persero) Tbk. is a company that has better financial performance than PT. Waskita Karya (Persero) Tbk., PT. Wijaya Karya (Persero) Tbk., and PT. Adhi Karya (Persero) Tbk.
Abstract:The purpose of this study is to determine the financial performance of SOEs in the building construction sub-sector listed on the Indonesia Stock Exchange for the 2017-2021 period. This type of research is descriptive research,…
search, with the location of the research at the STIEM Bongaya Makassar Investment Gallery to obtain data on the company's financial statements and visit the www.idx.co.id page to get supporting data. The research was conducted using financial ratio analysis techniques. The object of this study is a state-owned enterprise engaged in the building construction sub-sector that has gone public. The data used comes from secondary sources in the form of company financial statements. In this study, liquidity, solvency, activity, profitability, and market value ratios were used as analytical tools. This study used four state-owned enterprises in the building construction sub-sector that conducted stock offerings on the Indonesia Stock Exchange between 2017-2021 as samples. The results of the study as a whole show that based on the calculations and analysis carried out on the overall ratio, PT. Pembangunan Perumahan (Persero) Tbk. and PT Wijaya Karya (Persero) Tbk. are companies with a better level of financial performance compared to state-owned enterprises in other building construction sub-sectors.