PENGARUH RASIO SOLVABILITAS, UKURAN PERUSAHAAN DAN PERTUMBUHAAN PENJUALAN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of solvability ratio and sales growth on the firm value at ritel companies listed on the Indonesia Stock Exchange (IDX) in the 2016-2020 period. Furthermore, the independent varibales of this research were solvability measured by Debt to Equity Ratio (DER), firm size measured by Sise. Meanwhile, sales growth was measured by PP or growth, meanwhile, the dependent varibales used firm value measured by price to book value (PBV). This reasearch population used 25 ritel companies at IDX during the observation period in 2016-2020. Based on the criteria given, it obtained 5 companies with the purposive sampling method i.e., a sample selection with certain criteria given. Moreover, the research analysis method used multiple linear regression analysis with the application of SPSS 25 )Statistical Product and Service Solution). The research result showed that solvability had a positive and significant effect on the firm value, firm size has a negative and significant effect on the firm value, sales growth had a negative but insignificant effect on the firm value.