PENGARUH RETURN ON ASSET, CURRENT RATIO, DAN DEBT TO EQUITY RATIO TERHADAP NILAI PERUSAHAAN (Studi Pada Perusahaan Industri Food and Beverage di BEI)

  • Oktavia Nur Azizah
  • Krido Eko Cahyono

Abstract

This research aimed to observe the effect of Return On Asset, Current Ratio and Debt to Equity Ratio
on the firm value. This research used independent variables i.e., Return On Asset, Current Ratio and
Debt to Equity Ratio. Furthermore, the dependent variable was firm value proxied with Price to Book
Value (PBV). Moreover, the research population used 19 companies in the Food and Beverage
industry sector listed on the Indonesia Stock Exchange (IDX) in the 2016-2020 period. This research
was quantitative. Meanwhile, the sample collection of this research used purposive sampling i.e., a
sample collection technique with determining criteria, obtained 13 companies at Industri of Food and
Beverage. This research used multiple linier regressions analysis managed by SPSS (Statistical
Product and Service Solution) application 25 version. This research result showed that Return On
Asset had a significant effect with positive value on the firm value, Current Ratio had an insignificant
effect on the firm value, Debt to Equity Ratio had significant with positive value on the firm value at
Food and Beverage company listed on Indonesia Stock Exchange in the periods of 2016-2020.

Published
2022-04-13