Business, Management and Accounting
3 years ago

Pharmaceutical Companies' Stock Prices Soar with Strong Financial Ratios.

2 views
The Effect of Debt to Asset Ratio, Return on Equity, and Current Ratio on Stock Prices of Pharmaceutical Companies Listed on the Indonesia Stock Exchange 2016-2019 Period
Ade Onny Siagian, Hadion Wijoyo, Yoyok Cahyono

Paper Summary

The study looked at how different financial factors like current ratio, debt to asset ratio, and return on equity affect the stock prices of pharmaceutical companies in Indonesia from 2016 to 2019. They found that current ratio and return on equity have a positive impact on stock prices, while debt to asset ratio does not. Overall, all three factors together have a positive influence on stock prices.

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