The Effect Of Liquidity, Activity And Solvency On Company Value (Study Of Manufacturing Companies Listed On  The Indonesia Stock Exchange For The 2019-2021 Period)

Desak Ayu Otriya Dewita; I Nyoman  Nugraha A.P; Laila  Wardani

doi:10.31967/prmandala.v4i0.732

Desak Ayu Otriya Dewita Mataram University
I Nyoman Nugraha A.P University of Mataram
Laila Wardani University of Mataram

DOI: https://doi.org/10.31967/prmandala.v4i0.732

Abstract

The purpose of this study is to examine the effect of Liquidity, Activity and Solvency on Company Value in manufacturing companies listed on the Indonesia Stock Exchange for the 2019-2021 period. This study uses the Price to Book Value ratio as the Company Value ratio. The type of this research is causality associative research and secondary data using purposive sampling so that 83 samples of manufacturing companies were obtained. The results of this study partially using the t-test show that Current Ratio has a negative and not significant effect on Firm Value, Total Assets Turn Over has a positive and not significant effect on Firm Value, Debt to Equity Ratio has a positive and not significant effect on Firm Value.