PENGARUH STRUKTUR MODAL, LIKUIDITAS DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SEKTOR OTOMOTIF

Abstract

This Study aims to test the impacy of the capital structure, the liquidity and the profitability toward the firm value of the automotive companies which are registered in Indonesia’s Stock Exchange in 2015-2019. The population of this study are 13 automotive companies which are registered in Indonesia’s Stock Exchange in 2015-2019 and 9 companies as the samples. The samples are collected by applying the purposive sampling, it collects the samples through the determined criteria. The data of this study are documentaries an the source of the applied data are from secondary data or the financial reports of the automotive companies in 2015-2019. This study applies the multiple linier regression with SPSS25. The result of the study shows that the capital structure which is measured by the Debt to Equity Ratio that gives positive and insignificant impacts to the firm value, the liquidity with the Current Ratio gives negative and insignificant impacts to the firm value and the probability with the Return On Assets gives positive and significant impacts to the firm value.
Keywords: the capital structure, the liquidity, the probability, the firm value