Claim Missing Document
Check
Articles

Found 4 Documents
Search

Peran Mediasi Struktur Modal dalam Pengaruh Likuiditas dan Profitabilitas terhadap Nilai Perusahaan. Studi : Perusahaan Sektor Teknologi yang Terdaftar di Bursa Efek Indonesia 2020-2022 Juzi Najiha; Ikfani, Ikfani; Ahmad Miftahurridho Annizar; Benny Dhevyanto
International Journal Of Humanities Education and Social Sciences (IJHESS) Vol 3 No 6 (2024): IJHESS JUNE 2024
Publisher : CV. AFDIFAL MAJU BERKAH

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55227/ijhess.v3i6.1063

Abstract

The importance of firm value represents a key rationale for investors to invest in a company. A firm with a high firm value provides a positive signal to potential investors, indicating a favorable investment environment. Factors such as profitability and liquidity can affect firm value. The principal aim of this research is to examine the relationship between firm value, profitability, and liquidity, with particular consideration given to the mediating effect of capital structure. This research employs a quantitative methodology and utilizes a total sample of 17 companies. The data analysis employed in this study makes use of SmartPLS 3.0 software. Based on the results of this study, firm value is not affected by profitability and liquidity because it shows p value > 0.05, specifically 0.344 and 0.073. Firm value is influenced by capital structure with p value 0.014, which in turn is influenced by profitability with p value 0.026. After the capital structure functions as a mediation, the p value shows a value of 0.046, which means that profitability affects the value of technology companies listed on the IDX for the 2020-2022 period. However, the relationship between liquidity and firm value shows a p value of 0.225 that means capital structure does not appear capable of mediating the relationship between liquidity and firm value.
The Influence of Current Ratio, Debt to Asset Ratio and Operating Profit Margin on Return on Assets Empirical Study of Financial Performance at Mitra Niaga Mandiri Cooperative Anugrah Cahya Putra; Galih Tri Ramdan; Benny Dhevyanto; Krisdiana
Indonesian Journal of Business Analytics Vol. 5 No. 2 (2025): April 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i2.14113

Abstract

Financial performance analysis requires indicators such as the Current Ratio (CR), Debt to Asset Ratio (DAR), and Operating Profit Margin (OPM), which are important tools for companies, including cooperatives. The CR measures a cooperative’s ability to meet its short-term obligations using its current assets. The purpose of this study is to analyze the influence of the Current Ratio (CR), Debt to Asset Ratio (DAR), and Operating Profit Margin (OPM) on Return on Assets (ROA) at Koperasi Mitra Niaga Mandiri Indonesia during the 2019–2024 period. The method used is multiple linear regression with a quantitative approach to evaluate the relationship of these variables both partially and simultaneously on the financial performance of the cooperative. The research data is based on the annual financial reports of 25 cooperative branches that have been operating since 2019. The results of the study indicate that the Current Ratio (CR) and Operating Profit Margin (OPM) have a significant influence on ROA, while the Debt to Asset Ratio (DAR) shows a varying impact depending on the funding structure of each branch. This study contributes theoretically to the cooperative finance literature and provides practical recommendations for cooperative management in optimizing financial resources to improve profitability and operational stability.
The Role of Inflation in Moderating the Effect of Investment Decisions and Capital Structure on Company Value Nabila Putri Utami; Widyastuti; Destari Putri Chaerunnisa; Benny Dhevyanto
Indonesian Journal of Business Analytics Vol. 4 No. 3 (2024): June 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v4i3.9126

Abstract

The purpose of this study is to ascertain and examine how inflation influences capital structure and investment choices in the real estate and property industries. This study employs a quantitative research design and uses secondary data from the Indonesia Stock Exchange (IDX) and the websites of up to 17 different companies throughout the course of three years, beginning in 2020 and ending in 2022. Eviews 13 was used to process the research data. The study's findings demonstrated that capital structure, which was proxied by the long-term debt to equity ratio, and investment decisions, which were proxied by return on investment, had no discernible effects on the price book value of the company. In the meanwhile, choices on investments can be moderated by inflation. on capital structure's impact on a company's worth, and the findings of this study also suggest that inflation may act as a moderator of the impact of investment choices on a company's worth.
THE INFLUENCE OF NET PROFIT MARGIN, RETURN ON ASSETS, AND RETURN ON EQUITY ON THE SHARE PRICE OF LQ45 COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE FOR THE PERIOD 2020-2023. Wahyu Sudrajat; Budi Fajrul Muiz; Benny Dhevyanto; Krisdiana Krisdiana
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7388

Abstract

This study analyzes the effect of Net Profit Margin (NPM), Return on Assets (ROA), and Return on Equity (ROE) on the stock prices of companies listed in LQ45 on the Indonesia Stock Exchange during the period 2020-2023. The main objective of this study is to determine the extent to which these three financial ratios affect stock prices. The method used is multiple regression analysis with secondary data collected from the company's annual report and the official website of the Indonesia Stock Exchange. The results show that NPM has a significant influence on stock prices, while ROA and ROE do not show a meaningful influence. This finding emphasizes the importance of NPM as an indicator of company performance that can attract investors. The conclusion of this study is that companies need to focus on increasing NPM to increase the value of their shares. Future research is recommended to explore other variables that affect stock prices and conduct longitudinal analysis.