Journal of Economics and Business Letters
Vol. 6 No. 1 (2026): February 2026

The effect of liquidity, solvency, and profitability on company value in retail sub-sector companies listed on the Indonesia stock exchange for the 2019-2023 period

Adha, Shultonnyck (Unknown)
Putri, Agatha Patricia Eka (Unknown)
Savitri, Arina Kamalia (Unknown)



Article Info

Publish Date
28 Feb 2026

Abstract

This study aims to determine the influence of liquidity, solvency, and profitability on the value of the company. The population in this study is retail sub-sector companies listed on the Indonesia Stock Exchange. Based on the sampling technique with purposive sampling, a sample of nine companies was obtained. The data were analyzed using multiple linear regression analysis with the help of SPSS version 30. The results of the study show that partially liquidity and profitability do not have a significant effect on the company’s value, while solvency has a positive and significant effect on the company’s value. The results of the study simultaneously show that liquidity, solvency, and profitability have a positive and significant effect on the company’s value.

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Journal Info

Abbrev

JEBL

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

JEBL: Journal of Economics and Business Letters is an open access, six-annually peer-reviewed international journal published by PRIVIETLAB. It provides an avenue to academicians, researchers, managers and others to publish their research work that contributes to the knowledge and theory of ...