PENGARUH PROFITABILITAS, LIKUIDITAS, DAN SOLVABILITAS TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of Profitability, Liquidity, and Solvability on firm value. The profitability was measured by Return On Asset, Liquidity was measured by Current Ratio, and Solvability was measured by Debt to Equity Ratio. The research was quantitative. Moreover, the population was Food and Beverages companies which were listed on Indonesia Stock Exchange during 2016-2020. Furthermore, the data collection technique used purposive sampling. In line with that, there were 11 companies from 26 Food and Beverages companies which fulfilled the criteria as samples. As it was observed in 5 years, 2016-2020, the total observation became 55 data samples. The research result concluded that as follows: (1) profitability had a positive and significant effect on firm value of Food and Beverages companies, (2) liquidity had a negative and insignificant effect on firm value of Food and Beverages companies, and (3) solvability had a positive and significant effect on firm value of Food and Beverages companies.