Analisis Pengaruh Ratio Keuangan dengan Harga Saham pada Perusahaan Properti di Bursa Efek Indonesia
<span><em>Bankcruptcy is a very important problem, in which every </em><span><em>company should be aware of. It is very important to detect the signs of the </em><span><em>coming bankruptcy of the company as soon as possible in order to take </em><span><em>effective action to avoid it. One popular model to do so is Z-score, a </em><span><em>statistical model to predict bankruptcy based on company financial </em><span><em>performance. This paper deals with the analysis of the financial performance </em><span><em>of property companies listed on the Indonesia Stock Exchange. However, in </em><span><em>previous research it was found that there is no strong correlation between the </em><span><em>companies financial performance with their stock prices, thus encouraging </em><span><em>further research. In this research, the analysis focused on the influence of the </em><span><em>financial ratio-ratio (X1) Ratio net working capital / total assets, (X2) Ratio of </em><span><em>retained earnings / total assets, (X3) Ratio of earnings before interest and </em><span><em>taxes / total assets, (X4) Ratio of market value equity / book value of total </em><span><em>debt, and (X5) Total sales / Total assets) to the stock price. Apparently based </em><span><em>on classical assumption test, multiple regression analysis, coefficient of </em><span><em>determination, and F-Test , it was found that there is no significant effect </em><span><em>between the financial value of ratio-ratio simultaneously with their stock </em><span><em>prices, and the ratio of total sales / total assets is the most dominant variable </em><span><em>influence.</em></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span><br /></span>