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Journal : Applied Information System and Management

Analysis of the Effect of Liquidity, Profitability, and Debt to Equity Ratio (DER) on Firm Value in Mining Companies Listed on the Indonesia Stock Exchange Marjohan, Masno; Supratikta, Hadi; Hasanah, Hilya
Applied Information System and Management (AISM) Vol. 6 No. 2 (2023): Applied Information System and Management (AISM)
Publisher : Depart. of Information Systems, FST, UIN Syarif Hidayatullah Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aism.v6i2.34423

Abstract

Firm value is the view of investors when measuring the success rate of a company. ROE is the variable most strongly associated with firm value to calculate the profit level of a company. Liquidity is a ratio to measure the company's ability to meet its short-term obligations. DER is a ratio used to assess debt against equity. The purpose of this study is to analyze the effect of liquidity (CR) on company value, profitability (ROE), and debt-to-equity ratio (DER) on company value and simultaneously in mining companies in the metal and mineral sub-sector listed on the Indonesia Stock Exchange for the period 2012–2021. This type of research is quantitative. The population in this study are mining companies listed on the Indonesia Stock Exchange. Samples were taken from 4 companies that met the criteria, with 10 years of observation totaling 40 sample units. The sampling technique used is the purposive sampling method. Data is downloaded via the website www.idx.co.id and the company's website. Data analysis uses descriptive analysis, the classical assumption test, regression analysis, hypothesis testing, and the determination coefficient test. The results of the study based on statistical calculations obtained simultaneous results that financial performance has no effect on the value of the company, while partial liquidity (CR) debt on equity (DER) has no effect on the value of the company, and profitability (ROE) significantly affects the value of the company.
Co-Authors Ade saputra Ade Setiawan Afrilia, Dwi ahmad yani Ahmadi, Ferry Akmal, Muhamad Akriyono , Phintoko Akhbar Al Asyary Ali, Fajri Alfisyahri Alinda Nurayani Andika, Novi Arpan, Harizul Arsaf , Taufik Asep Hermawan Ayu Sekar Rini, Ayu Sekar Bachtiar, Yusrial Betty Roosihermiatie Budiyono Budiyono Cahya Tri Purnami Cikayanti, Yoyoh Dalianti, Indana Darmawan, Galylia Aryanita DASUKI DASUKI Devi Andriani Dewi, Cynthia Dharmaesta, Livio Agung Dharmajati, Erthride Maharai Puri Dina Bisara Dina Bisara Lolong Dini Noviani Dirman, Syerlina Fadila Diyanto, Hendi Doni Lasut Ernawati, Fifth Faisal, Lutfi Faizal Jambak, Muh Fandika , Reno Faturohman, Miftah Reza Tama Fauziah, Annisa Frisca Fauziah, Sri Fernando, Louis Firdaus, Moh Firmansyah, Tantan Fitriyadi, Enjah Pipit Hadi Broto Hamsinah Hamsinah, Hamsinah Handayani, Ni Putu Lidia Hanrio, Tio Hanrio Hasanah, Hilya Hasanah, Tuti Hefniwati, Ella Hia, Aspiran Sisca Hifny, Muhammad Hizbatu W, Nasahi Hutapea, Zeriko Ilham, Ramadhani Irawan, Sani Istingadah, Ayuk Ayus Iwan Setiawan Jambak, M. Faizal Juanda, Angga Juniyansyah, Agung Kadarwati , Suci Kadarwati, Suci Kartolo, Rachmat Khudori, Firmansyah Kristina Kristina Kusumah, Febby Permatasari M Rokhis Khomarudin, M Rokhis M. Alkaf Mamis, Yonartilia Manalu, Hosanna Agree Rosion Mansur Mansur Maria Holly Herawati Marjohan, Masno Matalin, Jansend Maulan, Farhan Mhd. Irsan Nasution Mirna Widiyanti Muchtadin, Muchtadin Muhamad Arifin, Muhamad MUHAMMAD AGUS SALIM Muhammad Husni Thamrin, Muhammad Husni Muhammad Priyatna, Muhammad Muhammad Wahyudi Mulya, Muchamad Rizki Neni Nuraeni, Neni Noer Endah Pracoyo Noor Edi Widya Sukoco Noviyanti Noviyanti, Noviyanti Nugraha, Riad Endra Nugroho , Rama Adhitya Nur'aini, Eni Nurayani, Alinda Nurfadhlini, Nurfadhlini Nurhikmat, Wandi Oktaviana, Naning Onggokusumo, Andrika Permata, Ria Yuda Prabowo, Satria Agung Prakoso, Affriyanto Gema Prasetiyo, Arditiya Bayu Prasetya, Arief Budi Prayogi, Munawir Rachman, Lindra Rachmawati, Ike Rachmawati Raflizar Raflizar Ratri, Tito Mustikaningrum Rezkullah, Muh Rianto, Eko Rizqi Fauzi, Mikail Alba Rosita, Wita Roy Qurrotu Ainin RR. Ella Evrita Hestiandari S.S., Muhammad Arfani Saefulloh, Imam Saefulloh, Saefulloh Samosir, Boniarta Sampurnaningsih, Sri Retnaning Santoso, Mohamad Saputra, Riagung Saputra, Yance Saputri, Tira Maulidya Saragih, Erliana Septiani, Kurnia Rahmah Sholihin, Dwi Rahmad Sjurahudin, Hamidi Sonawi, Sonawi Sri Astuti Subur, Akhmad Sudarma, Sudarma Sudaryana, Yayan Sudrajat, Ari Sugiarti, Endang Sugiyanto - Suhaendi, Suhaendi Sunarsi, Denok Sunjayani, Dinar Novandia Supriadi, Ferdi Rohman Susanto Susanto Sutanto B, R. Adhi Suteja, Mentari Nur Farida Syavera, Arnesha Febra Syerah , Helen Syerah, Helen Tri Pangkat Soesiawan Turnip, Jhon Sutrisno Ulinuha, Ibnu Ulum, Oktalisha Kirana Veruswati, Meita WAHYUDI Wakum, Ira Yuliana Waliyati, Waliyati Waluyani, Dyah Oktabriawatie Wardani, Ayu Kusuma Watanikar, Nasahi Hizbatu Witriyani, Witriyani Wulandari, Nur Asti Yafi, Muhammad Reyhan Yansyah, Rusli Yokobus, Antonius Yuliasari, Yuliasari Yunus, Ahmad