PENGARUH PROFITABILITAS, LIKUIDITAS DAN SOLVABILITAS TERHADAP NILAI PERUSAHAAN FOOD AND BEVERAGE

Abstract

The firm value describes the company's performance which can influenceinvestors' opinion of the company. Therefore, the firm value was important. The higher the stock price, the higher the firm value would be. This research aimed to find out that profitability was a proxy with ROA, liquidity was a proxy with CR, and solvability was a proxy with DER on the firm value of Food and Beverage companies. Moreover, the research was quantitative. The population was 46 Food and Beverage companies listed on the Indonesia Stock Exchange (IDX) during2018-2022. Furthermore, the data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 10 companies as the sample. Additionally, the data analysis technique used multiple linear regression with SPSS26 version. Based on the result, the hypothesis test showed that profitability (ROA) had a positive but significant effect on firm value. However, liquidity (CR) had a positive and significant effect on firm value. Likewise, solvability (DER) had a positive and significant effect on the firm value of Food and Beverage companies.