Analisis Pengaruh Total Asset Turnover (TATO) Terhadap Harga Saham PT Baramulti Suksessarana Tbk

Abstract
This study aims to analyze the effect of Total Asset Turnover (TATO) on stock prices at PT Baramulti Suksessarana Tbk during the 2014–2023 period. TATO is an activity ratio that measures how efficiently a company utilizes its total assets to generate sales. This research employs a quantitative associative approach using secondary data obtained from the company’s annual financial statements published by the Indonesia Stock Exchange. Data were analyzed using simple linear regression to determine the relationship between the independent variable (TATO) and the dependent variable (stock price). The results show that TATO has a positive and significant effect on stock prices, with a correlation coefficient of 0.859 and a significance value of 0.001 (p < 0.05). This indicates that the more efficiently a company uses its assets to generate sales, the higher its stock price will be. The findings support the signaling theory and efficient market hypothesis, suggesting that asset efficiency serves as a positive signal for investors in evaluating firm performance.
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How to Cite

Tatang, et al. (2025). Analisis Pengaruh Total Asset Turnover (TATO) Terhadap Harga Saham PT Baramulti Suksessarana Tbk. Jurnal Ekonomi, Bisnis dan Manajemen (EBISMEN), 4(4). https://doi.org/10.58192/ebismen.v4i4.3749

Tatang, Muhammad; Muniarty, Puji; Munandar, Aris, "Analisis Pengaruh Total Asset Turnover (TATO) Terhadap Harga Saham PT Baramulti Suksessarana Tbk," Jurnal Ekonomi, Bisnis dan Manajemen (EBISMEN), vol. 4, no. 4, 2025.

Tatang, Muhammad; Muniarty, Puji; Munandar, Aris. "Analisis Pengaruh Total Asset Turnover (TATO) Terhadap Harga Saham PT Baramulti Suksessarana Tbk." Jurnal Ekonomi, Bisnis dan Manajemen (EBISMEN), vol. 4, no. 4, 2025.

Tatang, Muhammad; Muniarty, Puji; Munandar, Aris. "Analisis Pengaruh Total Asset Turnover (TATO) Terhadap Harga Saham PT Baramulti Suksessarana Tbk." Jurnal Ekonomi, Bisnis dan Manajemen (EBISMEN) 4, no. 4 (2025).

Tatang, et al. (2025) 'Analisis Pengaruh Total Asset Turnover (TATO) Terhadap Harga Saham PT Baramulti Suksessarana Tbk', Jurnal Ekonomi, Bisnis dan Manajemen (EBISMEN), 4(4). doi: 10.58192/ebismen.v4i4.3749.

Tatang, Muhammad; Muniarty, Puji; Munandar, Aris. Analisis Pengaruh Total Asset Turnover (TATO) Terhadap Harga Saham PT Baramulti Suksessarana Tbk. Jurnal Ekonomi, Bisnis dan Manajemen (EBISMEN). 2025;4(4).

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