eprintid: 11108
rev_number: 12
eprint_status: archive
userid: 45
dir: disk0/00/01/11/08
datestamp: 2026-07-29 01:58:18
lastmod: 2026-07-29 01:58:18
status_changed: 2026-07-29 01:58:18
type: thesis
metadata_visibility: show
creators_name: Yanti, Silva Dwi
creators_name: Indrayono, Yohanes
creators_name: Octavianty, Ellyn
creators_NPM: 022121127
creators_NPM: 8878801019
creators_NPM: 0419107501
contributors_type: http://www.loc.gov/loc.terms/relators/THS
contributors_type: http://www.loc.gov/loc.terms/relators/THS
contributors_type: http://www.loc.gov/loc.terms/relators/THS
contributors_name: Yanti, Silva Dwi
contributors_name: Indrayono, Yohanes
contributors_name: Octavianty, Ellyn
contributors_NIDN: 022121127
contributors_NIDN: 8878801019
contributors_NIDN: 0419107501
corp_creators: Universitas Pakuan
corp_creators: Fakultas Ekonomi dan Bisnis
corp_creators: Program Studi Akuntansi
title: The Influence of Return on Assets (ROA), Current 
Ratio (CR), and Debt to Equity Ratio (DER) on Stock Prices of Food and Beverage 
Sub-Sector Companies Listed on the Indonesia Stock Exchange During the 2019–2023
ispublished: pub
subjects: 35
subjects: b
divisions: sch_med
full_text_status: public
abstract: SILVA DWI YANTI. 022121127. The Influence of Return on Assets (ROA), Current 
Ratio (CR), and Debt to Equity Ratio (DER) on Stock Prices of Food and Beverage 
Sub-Sector Companies Listed on the Indonesia Stock Exchange During the 2019–2023 
Period. Supervised by: YOHANES INDRAYONO and ELLYN OCTAVIANTY. 
2025.
Stock prices reflect a company’s value and are affected by various internal and external 
factors. One of the fundamental indicators frequently used to evaluate financial 
performance is financial ratios, including Return on Assets (ROA), Current Ratio 
(CR), and Debt to Equity Ratio (DER). This study aims to examine and explain the 
influence of Return on Assets (ROA), Current Ratio (CR), and Debt to Equity Ratio 
(DER) on stock prices in food and beverage sub-sector companies listed on the 
Indonesia Stock Exchange (IDX) from 2019 to 2023.
The population of this research consists of 30 food and beverage sub-sector companies 
listed on the IDX, with 20 companies selected as samples using a purposive sampling 
method based on the completeness of financial data. This research employs a 
quantitative approach with a verificative design. Data analysis was conducted using 
panel data regression processed through EViews 12, including descriptive statistics, 
classical assumption tests, and hypothesis testing using the F-test, t-test, and the 
coefficient of determination (R²).
The results reveal that, partially, Return on Assets (ROA) and Current Ratio (CR) have 
a positive influence on stock prices, while Debt to Equity Ratio (DER) has no 
significant influence on stock prices. Simultaneously, ROA, CR, and DER collectively 
influence stock prices in food and beverage sub-sector companies listed on the 
Indonesia Stock Exchange (IDX) for the 2019–2023 period.
Keywords: Return on Assets (ROA), Current Ratio (CR), Debt to Equity Ratio (DER), 
Stock Price.
date: 2025-12-01
date_type: published
pages: 107
institution: Universitas Pakuan
department: Program Studi Akuntansi
thesis_type: Skripsi
thesis_name: Sarjana
citation:   Yanti, Silva Dwi and Indrayono, Yohanes and Octavianty, Ellyn  (2025) The Influence of Return on Assets (ROA), Current Ratio (CR), and Debt to Equity Ratio (DER) on Stock Prices of Food and Beverage Sub-Sector Companies Listed on the Indonesia Stock Exchange During the 2019–2023.  Skripsi thesis, Universitas Pakuan.   
document_url: http://eprints.unpak.ac.id/11108/1/2025%20Silva%20Dwi%20Yanti%20022121127%20ABSTRAK%20-%20Pit%20Ipit.pdf
document_url: http://eprints.unpak.ac.id/11108/2/2025%20Silva%20Dwi%20Yanti%20022121127%20BAB%20I%20-%20Pit%20Ipit.pdf
document_url: http://eprints.unpak.ac.id/11108/3/2025%20Silva%20Dwi%20Yanti%20022121127%20BAB%20II%20-%20Pit%20Ipit.pdf
document_url: http://eprints.unpak.ac.id/11108/4/2025%20Silva%20Dwi%20Yanti%20022121127%20BAB%20III%20-%20Pit%20Ipit.pdf
document_url: http://eprints.unpak.ac.id/11108/5/2025%20Silva%20Dwi%20Yanti%20022121127%20DAFTAR%20PUSTAKA%20-%20Pit%20Ipit.pdf