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

Shultonnyck  Adha; Agatha Patricia Eka  Putri; Arina Kamalia  Savitri

doi:10.55942/jebl.v6i1.1681

Authors

Shultonnyck Adha STIE Kusuma Negara
Agatha Patricia Eka Putri STIE Kusuma Negara
Arina Kamalia Savitri STIE Kusuma Negara

DOI:

https://doi.org/10.55942/jebl.v6i1.1681

Keywords:

company value, liquidity, profitability, solvency

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.

Author Biographies

Shultonnyck Adha, STIE Kusuma Negara

Shultonnyck Adha is affiliated with STIE Kusuma Negara Jakarta.

Agatha Patricia Eka Putri, STIE Kusuma Negara

Agatha Patricia Eka Putri is affiliated with STIE Kusuma Negara Jakarta.

Arina Kamalia Savitri, STIE Kusuma Negara

Arina Kamalia Savitri is affiliated with STIE Kusuma Negara Jakarta.

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