PENGARUH PROFITABILITAS, LIKUIDITAS DAN SOLVABILITAS TERHADAP NILAI PERUSAHAAN FOOD AND BEVERAGE DI BEI

Abstract

This research aimed to find out and analyze the effect of profitability which was measured by Return On Asset and Net Profit Margin, liquidity which was measured by Current Ratio, solvability which was measured by Debt to Equity Ratio on firm value which was measured by Price to Book Value of Food and Beverage companies that were listed on Indonesia Stock Exchange. The research was quantitative. Furthermore, the population was 15 Food and Beverage companies. The data collection technique used purposive sampling. In line with that, there were 7 companies that fulfilled the criteria as the sample. Moreover, the data analysis technique used multiple linear regression with SPSS 25. As a result, it found that profitability measured by Return On Asset and Net Profit Margin had an insignificant effect on firm value. However, liquidity which was measured by the Current Ratio had a significant effect on firm value. Likewise, solvability which was measured by the Debt to Equity Ratio had a significant effect on firm value.