PENGARUH PROFITABILITAS, LIKUIDITAS, DAN SOLVABILITAS TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of profitability which was measured by return on asset, liquidity which was measured by current ratio, and solvability which was measured by debt to equity ratio on the firm value of Food and Beverages companies which were listed on Indonesia Stock Exchange. The research was quantitative. While, the population was Food and Beverages companies which were listed on Indonesia Stock Exchange. Moreover, the sampling collection technique used purposive sampling, in which the collection based on criteria given. In line with the sampling, there were 11 out of 18 Food and Beverages companies as sample which were listed on Indonesia Stock Exchange 2014-2017. In addition, the data analysis technique used multiple linear regression with SPSS. The research result concluded profitability which was measured by return on asset had positive significant on the firm value. On the other hand, the liquidity which was measured by current ratio and solvability which was measured by debt to equity ratio had negative insignificant effect on the firm value.
Keywords: profitability, liquidity, solvability, firm value.