The Effect of Profitability And Liquidity on The Value of Non Cyclical Consumer Sector Companies Listed on The Indonesia Stock Exchange (IDX) In 2019-2023

Nabila Yolanda; Dina Izzati; Vista Zahrani; Maisya Delani; An Azzahra

doi:10.47134/jampk.v2i2.515

Authors

Nabila Yolanda Accounting Major, Faculty of Social Sciences, University of Pembangunan Panca Budi, Indonesia
Dina Izzati Accounting Major, Faculty of Social Sciences, University of Pembangunan Panca Budi, Indonesia
Vizta Alisha Zahrani Accounting Major, Faculty of Social Sciences, University of Pembangunan Panca Budi, Indonesia
Maisya Delani Accounting Major, Faculty of Social Sciences, University of Pembangunan Panca Budi, Indonesia
An Suci Azzahra Accounting Major, Faculty of Social Sciences, University of Pembangunan Panca Budi, Indonesia

DOI:

https://doi.org/10.47134/jampk.v2i2.515

Keywords:

Profitability, Liquidity, Company Value, Return on Assets (ROA), Debt to Equity Ratio (DER)

Abstract

The purpose of this study is to examine how productivity and liquidity affect the value of non-cyclical buyer division companies listed on the Indonesia Stock Exchange between 2019 and 2023. Return on Assets (ROA) is used in this study to quantify productivity, while the Debt to Equity Ratio (DER) is used to measure liquidity. Quantitative data that is based on reliable information from relevant firm budgeting explanations is employed. Different straight relapse is the explanatory technique linked, allowing researchers to identify significant relationships between the subordinate variable (firm esteem) and the autonomous components (ROA and DER). In addition to providing important information for financial experts and business management to use when making critical decisions, this study is expected to yield deep insights into how benefit and liquidity impact firm value. The results of this study are expected to enhance writing about factors that affect firm value and increase knowledge of the importance of controlling profitability and liquidity in advancing business performance in the capital display.

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