PENGARUH PROFITABILITAS, LIKUIDITAS, DAN LEVERAGE TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN FOOD AND BEVERAGE YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aims to find out, analyze and examine the effect of profitability, liquidity and leverage on the firm value. Profitability referred to as Return On Asset (ROA), liquidity referred to as Current Ratio (CR), and leverage referred to as Debt to Asset Ratio (DAR). The data collection technique used purposive sampling. In line with that, 26 Food and Beverages companies which were listed on Indonesia Stock Exchange during 2019- 2023 were taken as samples. Furthermore, the data analysis technique used multiple linear regression with SPSS program 26 version. The result indicates that the multiple linear regressions model is properly used, therefore it can be continued with further examination. In addition, it also shows that (a) H1 is accepted. This means that profitability has a significant effect on the firm value; (b) H2 is rejected. It means that liquidity has an insignificant effect on the firm value; and (c) H3 is rejected. In other words, leverage has an insignificant effect on firm value.