THE EFFECT OF CURRENT RATIO, QUICK RATIO, DEBT TO ASSET RATIO, DEBT TO EQUITY RATIO AND RETURN ON EQUITY ON FIRM VALUE (A study on property companies listed on the Indonesia Stock Exchange from 2014 to 2020)
Keywords:
Current Ratio, Quick Ratio, Debt to Asset Ratio, Debt to Equity Ratio, Return on Equity, Firm ValueAbstract
This study aims to determine The Effect of Current Ratio, Quick Ratio, Debt to Asset Ratio, Debt to Equity Ratio and Return on Equity On Firm Value in property sector companies listed on the Indonesia stock exchange in the period 2014 to 2020. The sample in this study was 64 financial statements from 10 companies. The research method used in this research is descriptive and explanatory methods. The sampling technique used in this study was non probability sampling with a purposive sampling method. Analysis of the data used in this study is a panel data regression analysis at a significance level of 5%. The program used in analyzing data using SPSS v 20. The results showed that Current Ratio Affects firm value but Quick Ratio, Debt to Asset Ratio, Debt to Equity Ratio and Return on Equity have no affects firm value.
Downloads
References
Healy, P.M. and K.G. Palepu, The effect of firms' financial disclosure strategies on stock prices.Accounting horizons, 1993. 7(1): p. 1.
Tho'in, M. and I.E. Prastiwi, An Analysis the Rupiah Exchange Rates Effect Against the American Dollar and Inflation Against the Growth of Islamic Banking Mudharabah Deposits in Indonesia. International Journal of Islamic Business and Economics (IJIBEC), 2019. 3(1): p. 82-91.DOI: https://doi.org/10.28918/ijibec.v3i1.1797.
Rašidagić, E.K. and Z. Hesova, Development of Turkish Foreign Policy Towards the Western Balkans with Focus on Bosnia and Herzegovina. Croatian International Relations Review, 2020. 26(86): p. 96- 129.DOI: https://doi.org/10.37173/cirr.26.86.4.
Dick, H., Survey of recent developments. Bulletin of Indonesian Economic Studies, 1979. 15(1): p. 1- 44.DOI: https://doi.org/10.1080/00074917912331333441.
Huridi, M.H., A.R.A. Hadi, and M.H. Hashim, Malaysian Politics After 14th General Election: Do the Number of Parliamentary Seats Matter for Bn’s Victory? Croatian International Relations Review, 2021. 27(87): p. 95-111.
Herwany, A., et al., The influence of the COVID-19 pandemic on stock market returns in Indonesia stock exchange. The Journal of Asian Finance, Economics and Business, 2021. 8(3): p. 39-47.
Stopić, Z., Croatia and the Chinese “17+ 1” Cooperation Framework. Croatian International Relations Review, 2020. 26(86): p. 130-154.DOI: https://doi.org/10.37173/cirr.26.86.4.
Zulyadi, R., et al., Analysis of the Ethical Practices of Immigration officials in Improving Immigration Services Delivery: A Study on Indonesia and China Immigration Department. Croatian International Relations Review, 2021. 27(87): p. 112-132.
Steinberg, F., Jakarta: Environmental problems and sustainability. Habitat International, 2007. 31(3-4): p. 354-365.DOI: https://doi.org/10.1016/j.habitatint.2007.06.002.
Tubbs, R.M., The effect of experience on the auditor's organization and amount of knowledge. Accounting Review, 1992: p. 783-801.
Solihin, D., Pengaruh Current Ratio dan Debt To Equity Ratio Terhadap Return On Asset (ROA) Pada PT Kalbe Farma, Tbk. KREATIF: Jurnal Ilmiah Prodi Manajemen Universitas Pamulang, 2019. 7(1): p. 115-122.DOI: https://doi.org/10.32493/jk.v7i1.y2019.p115-122.
Bakota, I., “Diamond Stage” in Sino-Croatian Relations. Croatian International Relations Review, 2020.26(86): p. 156-176.DOI: https://doi.org/10.37173/cirr.26.86.6.
Heikal, M., M. Khaddafi, and A. Ummah, Influence analysis of return on assets (ROA), return on equity (ROE), net profit margin (NPM), debt to equity ratio (DER), and current ratio (CR), against corporate profit growth in automotive in Indonesia Stock Exchange. International Journal of Academic Research in Business and Social Sciences, 2014. 4(12): p. 101.DOI: https://doi.org/10.6007/IJARBSS/v4-i12/1331.
Tolić, I., Creating and Managing Experiences in Cultural Tourism _ Edited By: Daniela Angelina Jelinčić and Yoel Mansfeld. Croatian International Relations Review, 2020. 26(86): p. 179-182.
Adnan, M.F., et al., The Influence of Social-Media and Public Policy on Public Political Participation in Handling COVID-19 Pandemic: A Study from Indonesian Domestic and Overseas Youngsters Perspective. Croatian International Relations Review, 2021. 27(87): p. 133-156.
Downloads
Published
Issue
Section
License
Copyright (c) 2022 Author
This work is licensed under a Creative Commons Attribution 4.0 International License.
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.