PENGARUH KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN PADA SEKTOR TRANSPORTASI DAN LOGISTIK

Abstract

This research aims to determine the effect of liquidity (current ratio), solvability (debt to equity ratio) and profitability (return on assets) on the firm value of transportation and logistics companies listed on the IDX for the 2020-2022 period. The type of research used is causal comparative. The population in this study was 26 transportation and logistics companies registered on the IDX for the 2020-2022 period. The sampling technique in this research used a purposive sampling method, namely sampling using certain criteria to obtain a sample of 21 transportation and logistics companies. The data source used in this research is secondary data obtained from the company's financial reports. The data analysis technique uses multiple linear regression analysis with SPSS application tools. The results of the hypothesis test (t test) show that liquidity (current ratio), solvability (debt to equity ratio) and profitability (return on assets) have a positive and significant effect on the firm value of transportation and logistics companies. The coefficient of determination (R square) is 0.605. This means that 60.5% of the dependent variable, namely company value, can be explained by 3 independent variables, namely liquidity (current ratio), solvability (debt to equity ratio) and profitability (return on assets), while the remaining 39.5% is explained by variables or other causes outside the model.