The Influence of Financial Performance on Company Value in Cigarette Companies Listed on the IDX in 2020
DOI:
https://doi.org/10.31000/jast.v6i1.16096Abstrak
This study aims to examine the effect of financial performance on firm value. The dependent variable in this study is firm value while the independent variables are obtained from Current Ratio, Debt to Equity and Return on Equity. This study uses secondary data derived from the financial reports of cigarette companies listed on the Indonesian Stock Exchange in 2018-2020 with a total of 5 observations of this research company to conduct this research testing using Assumption Tests and hypothesis tests with the SPSS 24 application. The results of the analysis can be explained that simultaneous and partial tests do not have a significant effect on firm value.
Keywords: Company Value, Current Ratio, Debt to Equity and Return on Equity.
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