PENGARUH PROFITABILITAS, LIKUIDITAS DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN TEKNOLOGI YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

The research aimed to examine the effect of profitability which was referred to as Return On Equity (ROE), liquidity was reffered to as Current Ratio (CR), and capital structure was reffered to as Debt to Equity Ratio (DER) on firm value was referred to as Price to Book Value (PBV) of Technology companies listed on the Indonesia Stock Exchanges (IDX) during 2020-2022. The research was causal-comparative with a quantitative approach. Moreover, the data documentary and taken from companies’ financial statement. The population was 30 Technology companies listed on IDX. Furthermore, the data collection technique used saturated sampling. In line with that, there was 8 samples as the sample. The data analysis technique used multiple linear regression with SPSS 29. The result concluded that both profitability (ROE) and liquidity (CR) had a positive and significant effect on firm value. However, capital structure (DER) had a positive but insignificant effect on firm value.