PENGARUH PROFITABILITAS, LIKUIDITAS DAN LEVERAGE TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of profitability, liquidity, and leverage on firm value listed on the Indonesia Stock Exchange (IDX). Moreover, the population was 41 Consumer Goods manufacturing companies that went public and listed on IDX during 2017-2021. Furthermore, the data collection technique used purposive sampling. In line with that, there were 124 samples. Additionally, the data analysis technique used a proper model test which showed a regression model was properly used and could be used for the next analysis. Based on the results of data analysis and hypothesis testing, it can be concluded that the profitability variable has a positive influence on company value. Companies that have greater profits indicate that the company's operations are good and help them attract investors and increase company value. The independent variable liquidity has a positive effect on company value. , an increase in the current ratio can indicate to investors that demand for a company's shares will grow, thereby increasing its value. Leverage has a positive effect on company value, by increasing leverage the company value will experience a real increase.