ANALYSIS OF THE INFLUENCE OF PROFITABILITY, LIQUIDITY AND RATIO LEVERAGE ON COMPANY VALUE IN FINANCING COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE 2019 - 2023

This research aims to determine the effect of profitability, which is proxied by Return On Equity (ROE), liquidity, which is proxied by Current Ratio (CR), and Leverage, which is proxied by Debt to Equity Ratio (DER), on company value by proxy Price to Book Value ( PBV) in Financing Companies Sub-Sector companies on the Indonesian Stock Exchange for the 2019-2023 period. This research uses quantitative methods. The data used in this research is secondary data. The population in this research are finance companies listed on the Indonesia Stock Exchange, with a research period from 2019 to 2023, totaling 14 finance companies. The sample selected using the purposive sampling method consisted of 11 finance companies. Partial research results found that Profitability (ROE) had no significant effect on company value, Liquidity (CR) had no effect on company value, and Leverage (DER) has a significant effect on company value.

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Publication Details

Journal
PENANOMICS International Journal of Economics
Published
2024-12-24
DOI
https://doi.org/10.56107/penanomics.v3i3.207
Citations
1
Primary Topic
Financial Analysis and Corporate Governance
Type
article
Field-Weighted Citation Impact
0.95
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article

ANALYSIS OF THE INFLUENCE OF PROFITABILITY, LIQUIDITY AND RATIO LEVERAGE ON COMPANY VALUE IN FINANCING COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE 2019 - 2023

Iskandar Zulkarnain, Miftahul Janah Almarethania
1 citations
PENANOMICS International Journal of Economics
Financial Analysis and Corporate Governance
0.95
article

ANALYSIS OF THE INFLUENCE OF PROFITABILITY, LIQUIDITY AND RATIO LEVERAGE ON COMPANY VALUE IN FINANCING COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE 2019 - 2023

Iskandar Zulkarnain, Miftahul Janah Almarethania
article en
1 citations

Abstract

This research aims to determine the effect of profitability, which is proxied by Return On Equity (ROE), liquidity, which is proxied by Current Ratio (CR), and Leverage, which is proxied by Debt to Equity Ratio (DER), on company value by proxy Price to Book Value ( PBV) in Financing Companies Sub-Sector companies on the Indonesian Stock Exchange for the 2019-2023 period. This research uses quantitative methods. The data used in this research is secondary data. The population in this research are finance companies listed on the Indonesia Stock Exchange, with a research period from 2019 to 2023, totaling 14 finance companies. The sample selected using the purposive sampling method consisted of 11 finance companies. Partial research results found that Profitability (ROE) had no significant effect on company value, Liquidity (CR) had no effect on company value, and Leverage (DER) has a significant effect on company value.

PENANOMICS International Journal of EconomicsVol. 3(3)
Universitas Muhammadiyah Jember (ID), Universitas Muhammadiyah Jakarta (ID)
Openalex Percentile: Top 16%
Financial Analysis and Corporate Governance
0.95
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