The Influence of Current Ratio and Debt to Equity Ratio on Company Value With Return on Equity as Intervening Variables

Abstract

The aim of this research is to test and analyze the influence of the Current Ratio and debt to equity ratio on company value with return on equity as an intervening variable. The approach used in this research is an associative approach. Data collection techniques in this research used observation techniques and questionnaires. The data analysis technique in this research uses a quantitative approach using statistical analysis using Auter Model Analysis, Inner Model Analysis and Hypothesis Testing. Data processing in this research uses the Partial Least Square software program. The results of this research prove that the Current Ratio and Debt to equity ratio have no effect on company value. Current Ratio and Debt to equity ratio have no effect on Return on equity. Return on equity influences company value. Current Ratio on company value with Return on equity as an Intervening Variable has no effect. Debt To Equity Ratio to company value with Return on equity as an Intervening Variable has no effect on Food and Beverage Companies listed on the Indonesia Stock Exchange