Pengaruh Current Ratio, Quick Ratio, Dan Cash Ratio Terhadap Nilai Perusahaan Pada Perusahaan Manufaktur

Abstract

This study aims to examine the effect of CR, QR, and CAR on Firm Value (PBV) with a descriptive quantitative approach to 6 manufacturing companies listed on the Indonesia Stock Exchange in the 2016-2020 period. The sampling method used purposive sampling with predetermined criteria. The data analysis method uses panel data regression analysis with the help of the EViews 10 application. The results show that the Current Ratio has no significant effect on firm value (Price to Book Value) with t_count of 0.203654 < 1.70562 t_table with a probability value of 0 .8406 which means > 0.05. Quick Ratio has no significant negative effect on firm value (Price to Book Value) with t_count of (-1.383434) < 1.70562 t_table with a probability value of 0.1811 which means > 0.05. Cash Ratio has a significant positive effect on firm value (Price to Book Value) with a t_count of 2.104491 > 1.70562 t_table with a probability value of 0.0476 which means < 0.05. Simultaneously, Current Ratio, Quick Ratio, and Cash Ratio have a significant positive effect on firm value (Price to Book Value). It is proven that with F_count 4.31 > F_table 3.34, the probability value is 0.003361, which is smaller than the significant value of 0.05.