Mining companies' financial ratios show no impact on stock returns.
The study analyzed stock values of mining companies on the Indonesia Stock Exchange from 2015 to 2019. They looked at profitability, liquidity, and debt ratios to see how they affected stock returns. Data from 15 companies were used, and regression analysis was done to test the relationships. The results showed that current ratio, return on equity, debt to equity ratio, and earnings per share did not have an impact on stock returns individually or together.