PENGARUH AKTIVITAS, LIKUIDITAS, DAN SOLVABILITAS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN FOOD AND BEVERAGES YANG TERDAFTAR DI BEI

Abstract

This research aimed to examine the effect of activity, liquidity, and solvability on firm value of Food and
Beverages companies which were listed on Indonesia Stock Exchange. While, the activity was measured by total
asset turn over, liquidity was measured by current ratio, and solvability was measured by debt to equity ratio.
Meanwhile, firm value was measured by price to book value. The research was quantitative. Moreover, the
population was 18 Food and Beverages companies which were listed on Indonesia Stock Exchange 2014-2018.
Furthermore, the data analysis technique used saturated sampling, in which all the population were the sample.
Additonally, based on its sampling, there were 11 companies as sample. In addition, the data analysis technique
used multiple linear regression with SPSS program. The research result concluded total asset turnover had
negative but insignificant effect on firm value. Likewise, current ratio had negative and insignificant effect on
the firm value. On the other hand, debt to equity ratio had positive and significant effect on the firm value.
Keywords: profitability, firm size, liquidity, firm value