Jurnal Mahasiswa Entrepreneur
Vol 5 No 3 (2026): MARET 2026

PENGARUH LOAN to DEPOSIT RATIO, NON PERFORMING LOAN, DAN DEBT TO EQUITY RATIO DALAM MEMPENGARUHI PROFITABILITAS SEBAGAI VARIABEL INTERVENING TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BEI PERIODE 2022-2024

Siswanti Siswanti (Universitas Abdurachman Saleh Situbondo)
Ida Subaida (Universitas Abdurachman Saleh Situbondo)
Lita Permata Sari (Universitas Abdurachman Saleh Situbondo)



Article Info

Publish Date
02 Aug 2026

Abstract

Banks are institutions operating in the financial services sector and serve as intermediaries between parties with excess funds and those in need of funds. This study aims to examine the effects of the Loan to Deposit Ratio, Non Performing Loans, and Debt to Equity Ratio on Firm Profitability and Value. The research method used in this study is quantitative descriptive. The population in this study is all banking companies listed on the Indonesia Stock Exchange (IDX) for the 2022-2024 period. The sampling technique used was purposive sampling. Data analysis and hypothesis testing were conducted using the Partial Least Squares Structural Equation Modeling (PLS-SEM) method. The results of direct hypothesis testing using SmartPLS 3.0 indicate that the Loan to Deposit Ratio, Non Performing Loans, and Debt to Equity Ratio have a negative and significant effect on Profitability. Meanwhile, the Loan to Deposit Ratio, Non Performing Loans, and Debt to Equity Ratio have positive but insignificant effects on Firm Value. Profitability has a positive and significant effect on Firm Value. The results of the indirect hypothesis testing indicate that Profitability mediates the significant negative effects of the Loan to Deposit Ratio, Non Performing Loans, and Debt to Equity Ratio on Firm Value.

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Journal Info

Abbrev

jme

Publisher

Subject

Economics, Econometrics & Finance Electrical & Electronics Engineering Social Sciences

Description

Jurnal Mahasiswa Entrepreneurship (JME) Fakultas Ekonomi dan Bisnis Universitas Abdurachman Saleh Situbondo adalah jurnal yang ditulis oleh mahasiswa FEB UNARS sebagai jembatan antara ilmu dan praktek manajemen. JME mempublikasikan artikel baik berupa telaah pustaka maupun hasil penelitian empiris. ...