PENGARUH CURRENT RATIO (CR), RETURN ON ASSET (ROA), INVENTORY TURNOVER RATIO (ITO) DAN DEBT TO EQUITY RATIO (DER) TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SUB SEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE TAHUN 2020-2023

Abstract

From 2020 to 2023, this research will look at food and beverage sub-sector manufacturing businesses listed on the Indonesia Stock Exchange. It will evaluate and analyze how the following ratios affect firm value: current ratio, return on assets, inventory turnover ratio, and debt to equity ratio. In this study, quantitative research methods were used. In this research, 95 different enterprises make up the population. A total of 49 firms were included in the sample, which was obtained via the use of purposive sampling. Since the dependent variable in this research is affected by more than one independent variable, multiple linear regression was used to analyze the data. The SPSS.23 program was used to process the data. From 2020 to 2023, the research found that the firm value of food and beverage sub-sector manufacturing businesses listed on the Indonesia Stock Exchange is positively and significantly impacted by the Current Ratio, Return On Assets, Inventory Turnover Ratio, and Debt To Equity Ratio.

Keywords: Current Ratio, Return On Assets, Inventory Turnover Ratio, Debt To Equity Ratio, Firm Value, Food and Beverage Sub-Sector Manufacturing Companies, Indonesia Stock Exchange