Pengaruh Debt To Asset Ratio (Dar) dan Earning Per Share (Eps) terhadap Harga Saham pada Pt Mayora Indah Tbk Periode 2014-2023

Authors

  • Denia Putri Anggraeni Universitas Pamulang
  • Mohamad Duddy Dinantara Universitas Pamulang

DOI:

https://doi.org/10.58174/jrm.Volume:2.No:3.2025.207.Hal:134-143

Abstract

This study aims to determine the effect of Debt to Asset Ratio (DAR) and Earning Per Share (EPS) on Stock Price at PT Mayora Indah Tbk in the period 2014-2023. The research method used is quantitative method with associative research type. With secondary data obtained through financial reports obtained from the PT Mayora Indah Tbk website. The tool used for analysis is multiple linear regression analysis, classical assumption test which includes normality test, multicollinearity test, heteroscedasticity test and autocorrelation test, determination test (R square), significant testing includes statistical t test and f test. The results of this study are Based on the results of the t test or partially for the Debt to Asset ratio variable (X1) using SPSS 27 has a t-count of -1.091 < t table 2.365 and a significant value of 0.311> 0.05, based on these results it can be concluded that the Debt to Asset Ratio (DAR) variable has no effect on Stock Prices. Earning Per Share (X2) partially has no significant effect on Stock Price where the t-count value is 0.390> t table 2.365 and a significant value of 0.375 <0.05. Simultaneously Debt to Asset Ratio and Earning Per Share have an effect on Stock Price with an Fcount value of 6.391> Ftable 4.46 and a significant value of 0.026 <0.05.

References

Dektaria, A, & Yunita, R,. (2023). Pengaruh DAR, CR, dan NPM Terhadap Harga Saham

Perusahaan Telekomunikasi yang terdaftar di BEI. Journal of Economics and Business Research, 3(1), 201-213.

Dinantara, M,. D. (2020). Pengaruh Debt To Equity Ratio Terhadap Harga Saham Pada Pt. Delta

Dunia Makmur, Tbk. Jurnal Efektif (Unpam), 2 (4), 570-577.

Fitriyani, Y. (2022). Pengaruh Profitabilitas Dan Solvabilitas Terhadap Harga Saham Perusahaan

Terindeks Lq45 Di Bei. Jurnal Ekonomi (RELASI), 18 (1), 141-159.

Humairo, A, & Sairin. (2021). Pengaruh Earning Per Share Dan Debt To Equity RatioTerhadap

Harga Saham Pada PT. Unilever Indonesia Tbk Periode2010-2019. Jurnal Ilmiah Masiswa

(JIMAWA) Unpam, 1 (2), 79-89)

Ika, R,. S, & Suliati, R. (2020). Pengaruh Net Profit Margin, Total Assets Turnover, Debt To Assets

Ratio, Dan earning Pershare Terhadap Harga Saham. Jurnal Civitas Academica, 1(1), 196

Kurnianti, M,. A, dkk (2022). Pengaruh Debt To Equity Ratio (DER) dan Debt To asset Ratio (DAR)

Terhadap Harga Saham Padaperusahaan Tekstil Dan Garmen Di Bei Tahun2017-2020

Lestari, I,. P & Amaniyah, E. (2021). Pengaruh Return On Equity, Debt To Asset Ratio, Earning Per

Share, Total Asset Turnover dan Firm Size Terhadap Harga Saham Pada Peruahaan

Manufaktur Sub Sektor Farmasi Yang Terdaftar Di Bursa Efek Indonesia Periode 2015-2019.

(4), 412420.

Downloads

Published

2025-08-06