The effect of sales growth, earning per share, total assets turn over, return on equity, and debt to equity on stock prices during the COVID-19 pandemic

https://doi.org/10.21744/ijbem.v5n3.1946

Authors

  • Zora Nayaka Widyadhana Master of Management, Sriwijaya University, Palembang, Indonesia
  • Isnurhadi Lecturer of Magister Management, Economic Faculty, Sriwijaya University, Palembang, Indonesia
  • Marlina Widiyanti Lecturer of Magister Management, Economic Faculty, Sriwijaya University, Palembang, Indonesia
  • Mohamad Adam Lecturer of Magister Management, Economic Faculty, Sriwijaya University, Palembang, Indonesia

Keywords:

COVID-19, debt to equity, earning per share, pandemic, return on equity, sales growth, stock price, total assets turn over

Abstract

This study aims to determine the effect of Sales Growth, Earning Per Share, Total Assets Turn Over, Return On Equity, and Debt to Equity on stock prices during the Covid-19 pandemic. This signal is in the form of information stating the condition of the Company. This information provides information about what management has done to realize the wishes of the owners of the Company. The data analysis technique used to answer the problem formulation and test the hypothesis above is the Panel Data Analysis technique. Panel data is a combination of time series data and cross-section data. The results showed that Total Assets Turn Over had a positive and significant effect on stock prices, while Sales Growth, Earning Per Share, Return On Equity, and Debt to Equity had no positive and significant effect on stock prices. In uncertainty due to the Covid 19 Pandemic, the Company is required to be more effective and efficient in using its Total Assets to earn income or maintain the viability of the Company. Therefore, information on Total Assets and Revenues obtained by the Company during the Covid-19 Pandemic concerns investors.

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Published

2022-08-24

How to Cite

Widyadhana, Z. N., Isnurhadi, I., Widiyanti, M., & Adam, M. (2022). The effect of sales growth, earning per share, total assets turn over, return on equity, and debt to equity on stock prices during the COVID-19 pandemic. International Journal of Business, Economics and Management, 5(3), 211-216. https://doi.org/10.21744/ijbem.v5n3.1946