Dinasti International Journal of Digital Business Management
Vol. 7 No. 1 (2025): Dinasti International Journal of Digital Business Management (December 2025 - J

The Effect of Current Ratio, Debt to Equity Ratio, and Return on Assets on Company Value in the Transportation and Logistics Sector Listed on the Indonesia Stock Exchange

Fakhruddin, Maulana Dzaki (Unknown)
Sutanti, Sutanti (Unknown)



Article Info

Publish Date
31 Jan 2026

Abstract

This study aims to analyse the impact of the current ratio, debt to equity ratio, and return on assets on firm value in transportation and logistics sector companies listed on the Indonesia Stock Exchange for the period 2020–2024. This research employs a quantitative approach with secondary data in the form of company financial statements. The sampling technique was carried out using purposive sampling, resulting in 28 companies being selected as the research sample. The data analysis method used is multiple linear regression with panel data, processed using the EViews application. The results of the study indicate that the current ratio has a positive but not significant effect on firm value, the debt-to-equity ratio has a positive and significant effect on firm value, and the return on assets has a positive but not significant effect on firm value. Simultaneously, the current ratio, debt to equity ratio, and return on assets have a significant effect on firm value

Copyrights © 2025






Journal Info

Abbrev

DIJDBM

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Dinasti International Journal of Digital Business Management (DIJDBM) provides widespread coverage of high quality research in a broad range of topics such as digital business management science and technology advancements, and establishing new collaborations in these areas. Original research ...