PENGARUH LIKUIDITAS, SOLVABILITAS, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN

Abstract

Purpose― The aim of this research is to determine and prove the effect of financial ratios on company value in food and beverage companies listed on the Indonesia Stock Exchange for the 2018-2022 period.

Method— This research uses a quantitative approach. Where the population of this study is food and beverage companies listed on the Indonesian stock exchange in 2018-2022. The analytical method used is multiple linear regression analysis calculated using the SPSS version 25 application.

Finding— The population of this research is 84 food and beverage companies listed on the Indonesia Stock Exchange for the 2018-2022 period. Based on the sampling method using purposive sampling, a sample of 10 companies was obtained.

Implikasi— practical application of this research can help universities, future researchers and companies. Theoretical implications are supported by agency theory and signaling theory.

Originality— Based on the test results, hypothesis testing shows that Liquidity (CR) has no and insignificant effect on company value, Solvency (DER) has a significant negative effect on company value, Profitability (ROE) has a positive and significant effect on company value . Simultaneously, liquidity, solvency and profitability have a significant effect on company value.

   Keywords: liquidity,solvency,profitability,company value