Jurnal Ekonomi
Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023

EFFECT OF CURRENT RATIO, RETURN ON EQUITY, NET PROFIT MARGIN, TOTAL ASSETS TURNOVER, AND DEBT TO ASSETS RATIO ON FIRM VALUE

Diva Rifayani (Faculty of Economics and Business, Telkom University)
Irni Yunita (Faculty of Economics and Business, Telkom University)



Article Info

Publish Date
05 Oct 2023

Abstract

Firm value becomes an investor's view of the company's success and is often associated with the stock price. Therefore, companies are facing challenges to be able to maintain their performance. This study aims to analyze the effect of CR, ROE, NPM, TATO, and DAR on the company value of property & real estate sub-sector listed on the Indonesia Stock Exchange during 2016-2020. The sampling technique was purposive sampling. The population was 78 companies and the total sample for this research was 220 data from 44 companies. This research found that CR, NPM, TATO, and DAR have a positive significant effect on firm value. Meanwhile, ROE has negative significant effect on firm value. Simultaneously CR, ROE, NPM, TATO, and DAR have a significant effect on firm value.

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Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p. ISSNĀ 2301-6280, e. ISSNĀ 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts ...