The Impact of Liquidity, Solvency, and Profitability on Stock Prices in Indonesia's Property Sector
DOI:
https://doi.org/10.51747/nw613661Keywords:
liquidity, solvency, profitability, stock prices, property sectorAbstract
This study explores the influence of liquidity, solvency, and profitability on stock prices in property and real estate companies listed on the Indonesia Stock Exchange. Using a quantitative research approach with data from financial statements, the study investigates the relationships between key financial ratios and stock prices over a three-year period. The results indicate that liquidity, measured by the current ratio, negatively affects stock prices, suggesting that excess liquidity may be seen as inefficient by investors. Solvency, represented by the debt-to-equity ratio, has a positive impact on stock prices, reflecting the market's preference for companies with higher leverage for growth. Profitability, measured by return on assets, also positively influences stock prices, highlighting the importance of operational efficiency in attracting investors. This study contributes to the understanding of financial factors driving stock prices in the property sector, offering insights for investors and analysts in navigating this dynamic market. Future research could extend the analysis to include macroeconomic factors, providing a broader perspective on stock price determinants.
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Copyright (c) 2025 Ika Ninda Agustin , Joni Hendra , Siti Masluha (Author)
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