PENGARUH LIKUIDITAS, SOLVABILITAS DAN PROFITABIOLITAS TERHADAP NILAI PERUSAHAAN

Abstract

This study aims to examine the effect of liquidity, solvency, and profitability on firm value. Liquidity is measured using the Current Ratio (CR), Solvency is measured using the Dept to Asset Ratio (DAR) and Profitability is measured using Return on Assets (ROA). This study uses quantitative research with comparative research types. The population in this study amounted to 46 transportation sector companies taken from the Indonesian Stock Exchange. The sampling technique used by the researcher was using purposive sampling, namely samples that had been eliminated using the specified criteria, so a sample of 14 companies was taken so that there was a total of 52 observations of sample data that already met these criteria. This research uses case studies of transportation companies listed on the Indonesia Stock Exchange for the 2017-2020 period with a research period of 4 years. The results of this study indicate that liquidity (CR) has a negative and significant effect on firm value, solvency (DAR) has a positive and insignificant effect on firm value, and profitability has a positive and significant effect on firm value.