Pengaruh Likuiditas, Solvabilitas, Profitabilitas dan Ukuran Perusahaan terhadap Nilai Perusahaan pada Sektor Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2022–2024.

Abstract

The objective of this study is to investigate how firm size, profitability, liquidity, and solvency affect the value of mining companies listed on the Indonesia Stock Exchange from 2020 to 2022. Annual reports and financial statements served as the secondary data sources for this research. A purposive sampling method was employed over the three-year period to select a sample of 21 companies, resulting in 63 observations. Classical assumption tests, descriptive statistics, and multiple linear regression analysis were conducted using SPSS version 26. The results indicate that liquidity, solvency, and firm size have a significant negative impact on firm value, with an Adjusted R-squared value of 61.2%. Conversely, profitability has a positive but insignificant impact. Overall, these four components significantly influence firm value, while variables outside the research model account for the remaining 38.8%.