PENGARUH PROFITABILITAS, LIKUIDITAS DAN SOLVABILITAS TERHADAP NILAI PERUSAHAAN

Abstract

This research analyzed and examined the effect of profitability, liquidity, and solvability on the firm value. The profitability was measured by Return On Assets,Current Ratio was measured by liquidity, and solvability was measured by Debt to Equity Ratio. Moreover, the firm value was measured by Price to Book Value. The research was quantitative. Furthermore, the population was food and beverage companies listed on the indonesia stock exchange (IDX). The data collection technique used purposive sampling, i.e., a sample collection used determined criteria. In line with that,there were food and beverage companies as the sample. Additionally, the data was taken for 4 years (2019-2022), Therefore it obtained 216 processed data. The data analysis technique used multiple linear regressions with the SPSS (Statistical Product and Service Solution) program. The result showed that both return on assets and current ratio did not affect firm value. On the other hand, debt to equity ratio affected firm value.