Influence of Working capital to total asset, EBIT to total asset, EBT to current liabilities, Sales to total asset and Springate Indeks on Stock Return Comparison from two Property & Real Estate and Food & Beverage Sectors Listed on Indonesia Stock Exc

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RILLA GANTINO
Endang Ruswanti
Taufiqurrahman Taufiqurrahman

Abstract

This study aims to determin effect of Working capital to total assets, EBIT to total assets, EBT to current liabilities, Sales to total assets and Springate coefficient on Stock Return. The amount of data processed by food and beverage sector are 104 from 11 companies and 315 data from 37 companies in property and real estate sector. Data processing is done to answer 3 hypotheses. The results shows,  Significance influence  of EBIT on Total Asset on  stock return for FnB sector and only working capital to Total Asset have significant influence on stock return for PnR sector. The influence of Working Capital towards Total Assets,   EBIT  to Total Assets , Net Profit Before Tax towards Current Liabilities,  and Sales towards Total Assets on stock return is only 4.7% meaning that influence stock return greater than other factor. Also the influence of coefficient springate to return stock also small, only 7%

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References

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