THE EFFECT OF CURRENT RATIO, DEBT TO EQUITY RATIO, FIRM SIZE,
AND NET PROFIT MARGIN ON COMPANY VALUE
(Study on Fast Moving Consumer Goods Company (FMCG) In 2016-2020)
Dublin Core
Title
THE EFFECT OF CURRENT RATIO, DEBT TO EQUITY RATIO, FIRM SIZE,
AND NET PROFIT MARGIN ON COMPANY VALUE
(Study on Fast Moving Consumer Goods Company (FMCG) In 2016-2020)
AND NET PROFIT MARGIN ON COMPANY VALUE
(Study on Fast Moving Consumer Goods Company (FMCG) In 2016-2020)
Subject
Tobin’s Q, Current Ratio, Debt to Equity Ratio, Firm Size, Net Profit Margin
Description
The purpose of this study was to examine the effect of Current Ratio, Debt to Equity
Ratio, Firm Size, and Net Profit Margin on firm value (Tobin's Q) in the food and
beverages sub-sector listed on the Indonesian stock exchange in the 2016-2020
period. The phenomenon that is the main focus in this study is the decline in the
average company stock price on the Jakarta Consumer Index (JKCONS) in the last 5
years which is inversely proportional to the growth in total assets and company
profits in the food and beverages sub-sector which increased. The population in this
study amounted to 87 companies. The sampling technique used purposive sampling,
total sample is 23 companies. The analysis technique uses the Multiple Regression
analysis method and the classical assumption is tested first. The results of the
analysis in this study is: Current Ratio has insignificant effect on firm value, debt to
equity ratio has positive and significant effect on firm value, firm size has negative
and significant effect, and net profit margin has insignificant effect. This research is
expected to contribute to the development of the science of Financial Management,
especially in research on Company Value (Tobin's Q).
Ratio, Firm Size, and Net Profit Margin on firm value (Tobin's Q) in the food and
beverages sub-sector listed on the Indonesian stock exchange in the 2016-2020
period. The phenomenon that is the main focus in this study is the decline in the
average company stock price on the Jakarta Consumer Index (JKCONS) in the last 5
years which is inversely proportional to the growth in total assets and company
profits in the food and beverages sub-sector which increased. The population in this
study amounted to 87 companies. The sampling technique used purposive sampling,
total sample is 23 companies. The analysis technique uses the Multiple Regression
analysis method and the classical assumption is tested first. The results of the
analysis in this study is: Current Ratio has insignificant effect on firm value, debt to
equity ratio has positive and significant effect on firm value, firm size has negative
and significant effect, and net profit margin has insignificant effect. This research is
expected to contribute to the development of the science of Financial Management,
especially in research on Company Value (Tobin's Q).
Creator
Rafi Raihan Wahid, Sri Dwi Ari Ambarwati, Agung Satmoko
Source
https://jurnal.stie-aas.ac.id/index.php/IJEBAR
Date
2022
Contributor
peri irawan
Format
pdf
Language
english
Type
text
Files
Collection
Citation
Rafi Raihan Wahid, Sri Dwi Ari Ambarwati, Agung Satmoko, “THE EFFECT OF CURRENT RATIO, DEBT TO EQUITY RATIO, FIRM SIZE,
AND NET PROFIT MARGIN ON COMPANY VALUE
(Study on Fast Moving Consumer Goods Company (FMCG) In 2016-2020),” Repository Horizon University Indonesia, accessed April 21, 2025, https://repository.horizon.ac.id/items/show/7993.
AND NET PROFIT MARGIN ON COMPANY VALUE
(Study on Fast Moving Consumer Goods Company (FMCG) In 2016-2020),” Repository Horizon University Indonesia, accessed April 21, 2025, https://repository.horizon.ac.id/items/show/7993.