THE EFFECT OF PROFITABILITY, LIQUIDITY AND LEVERAGE ON FIRM VALUE IN TEXTILE AND GARMENT SECTOR MANUFACTURING COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2019-2023

  • Winda Sari Ningsih Master of Management Program, Makassar Bongaya College of Economics
  • Jannati Tangngisalu Sekolah Tinggi Ilmu Ekonomi Makassar Bongaya
  • Dharmawaty Djaharuddin Sekolah Tinggi Ilmu Ekonomi Makassar Bongaya
DOI: https://doi.org/10.47024/js.v13i1.932

Abstract

This study aims to determine the effect of profitability, liquidity and leverage on stock price. Data collection uses secondary data obtained from the financial statements of textile and garment manufacturing companies for the 2019-2023 period. The results of these financial statements have been tested for normality, multicollinearity, heteroscedasticity, multiple regression analysis, partial tests, simultaneous tests and determination tests using SPSS Version 26 software. The results of this study indicate that the profitability has a positive and significant effect on company value. Liquidity and leverage do not affect company value. Keywords: Leverage, liquidity, profitability, stock price
Published
2025-01-23
How to Cite
Ningsih, W. S., Tangngisalu, J., & Djaharuddin, D. (2025). THE EFFECT OF PROFITABILITY, LIQUIDITY AND LEVERAGE ON FIRM VALUE IN TEXTILE AND GARMENT SECTOR MANUFACTURING COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2019-2023. JURSIMA, 13(1), 112-120. https://doi.org/10.47024/js.v13i1.932
Issue
Vol 13 No 1 (2025): Volume 13 Nomor 1 2025
Section
Artikel