Pengaruh Retrun On Asset, Current Ratio, dan Debt to Equity Ratio Terhadap Nilai Perusahaan pada Perusahan Manufaktur Sub Sektor Perusahaan Otomotif yang Terdaftar di Bursa Efek Indonesia periode 2014 – 2020

Abstract

Penelitian ini bertujuan untuk mengetahui dan menganalisis pengaruh Return on Asset, Current Ratio, dan Debt to Equity Ratio secara parsial dan simultan terhadap Nilai Perusahaan pada perusahaan Manufaktur Sub Sector Perusahaan Otomotif Periode 2014-2020. Variabel yang digunakan dalam penelitian Return On Asset, Current Ratio dan Debt to Equity Ratio dan Nilai Perusahaan. Metode penelitian yang digunakan adalah pendekatan kuantitatif, jenis penelitian statistik deskriptif dan sifat penelitian assosiatif. Populasi yang digunakan dalam penelitian ini adalah perusahaan Manufaktur Sub Sector Perusahaan Otomotif yang berjumlah 12 perusahaan, dengan pemelihan sampel menggunakan teknik Purposive sampling diperoleh sebanyak 7 perusahaan sehingga total pengamatan sebanyak 49 data. Hasil penelitian ini menunjukan bahwa Return on Asset secara tidak berpengaruh secara parsial kesimpulan H0 diterima dan H1 di tolak, bahwa Return On Asset tidak berpengaruh dan tidak signifikan terhadap Nilai Perusahaaan PBV, Curremt ratio berpengaruh secara Hasil tersebut H0 ditolak dan H1 diterima, bahwa Current Ratio berpengaruh positif dan signifikan terhadap Nilai perusahaan, Debt To Equity Ratio secara tidak berpengaruh secara parsial kesimpulan H0 diterima dan H1 di tolak bahwa Debt To Equity Ratio tidak berpengaruh dan tidak signifikan terhadap Nilai Perusahaaan. Secara simultan Return On Asset, Current Ratio, Debt to Equity Ratio berpengaruh signifikan terhadap Nilai Perusahaan dengan nilai signifikan. Hasil uji koefisien determinasi diperoleh kemampuan model sebesar 0,750770 atau 75,07%. Hal ini dapat menjelaskan bahwa variabel independent Nilai Perusahaan menjelaskan 75,07% dari variabel dependent Return On Asset, Current Ratio, dan Debt To Equity Ratio. This research aimed to determine and analyze the effect of Return on Assets, Current Ratio, and Debt to Equity Ratio partially and simultaneously on Firm Value in Manufacturing Companies in the Automotive Sub-Sector for the 2014-2020 Period. The variables used in the research were Return on Assets, Current Ratio, Debt to Equity Ratio, and Firm Value. The research method used was a quantitative approach, the type of descriptive statistical research, and the nature of associative research. The population used in this study was a sub-sector automotive company manufacturing company, totaling 12 companies, with a sample selection using purposive sampling technique obtained as many as seven companies so, the total observations were 49 data. The results of this research indicated that Return on Assets did not partially affect the conclusions that H0 was accepted and H1 was rejected, that Return On Assets had no effect and was not significant to PBV Company Value, Current ratio had an effect on these results H0 was rejected and H1 was accepted, that the Current Ratio positive and significant effected on firm value, the Debt To Equity Ratio partially did not affect the conclusion H0 was accepted and H1 was rejected that the Debt To Equity Ratio had no effect and was not significant to the value of the company. Simultaneously Return On Assets, Current Ratio, and Debt to Equity Ratio had a significant effect on firm value with a significant value. The results of the coefficient of determination test obtained the ability of the model to be 0.750770 or 75.07%. This could explain that the independent variable Firm Value explained 75.07% of the dependent variable Return On Assets, Current Ratio, and Debt To Equity Ratio