Said Saleh Salihi (1), Siti Mujanah (2), Abdul Malik (3)
This study aims to analyze the effects of the Current Ratio and Debt to Equity Ratio on stock prices of metal subsector companies listed on the Indonesia Stock Exchange during the 2020–2024 period. This research employs a quantitative approach using secondary data collected through literature reviews and document analysis. The sampling technique applied is purposive sampling, resulting in 12 companies selected from a population of 34 listed companies based on predetermined criteria. Multiple linear regression analysis is employed to examine the individual and simultaneous effects of the independent variables on stock prices. The results indicate that the Current Ratio and Debt to Equity Ratio simultaneously have a significant effect on stock prices. Partially, the Debt to Equity Ratio significantly affects stock prices of metal subsector companies listed on the Indonesia Stock Exchange. These findings highlight the importance of capital structure and corporate liquidity in financial analysis and investment decision-making in Indonesia's capital market.
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