Exploring Financial Performance Based On Profitability And Its Relationship Towards Stock Price Of Media Nusantara Citra For Year 2009-2013
DOI:
https://doi.org/10.53640/jemi.v17i1.410Abstrak
The purpose of this study is to know the relationship between profitability, liquidity and solvency ratios towards stock price of PT. Media Nusantara Citra (MNC). The method of the study is descriptive and the data used for this study is from annual reports of the company from year 2009 until 2014. Based on the research results and the description above it can be concluded that there was no significant relationship indicated by ROA, ROE, DTA AND DTE towards the stock price of PT. Media Nusantara Citra (MNC). However, the results on Return on Asset and Return on Equity, indicated that there is a significant relationship between Return on Asset and Return on Equity towards the stock price of the company which can be shown through the t-count of 6.85603 for ROA and 4.22566 ROE, respectively, which is greater than the t-table of 3.182. Thus, Ha is accepted, and indicate that there is a significant relationship between Current Ratio and stock price of PT. PT. Media Nusantara Citra (MNC) Tbk.
Keywords: Return on Asset, Return on Equity, Profitability, Indonesian Stock Exchange