PENGARUH LIKUIDITAS DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN STRUKTUR MODAL SEBAGAI VARIABEL MODERASI PADA SUBSEKTOR TEKSTIL DAN GARMENT YANG TERDAFTAR DI BURSA EFEK INDONESIA

This research was conducted to analyze the effect of liquidity and profitability on firm value
with capital structure as a moderating variable in the textile and garment sub-sectors listed
on the Indonesia Stock Exchange 2018-2021. In this study using the Current Ratio, Return
on Equity and Debt to Equity Ratio. This research is a quantitative research and the type of
data used is secondary data, namely company financial reports published during the study
period. The population used is the textile and garment sector which is listed on the Indonesia
Stock Exchange with a total of 21 companies. The sample used was purposive sampling
method, namely with several predetermined criteria. The method used in this research is
descriptive analysis, classic assumption test, hypothesis testing and moderation regression
analysis. The results of this study are that the Current Ratio have an effect on firm value,
while Debt to Equity and Return on Equity has no effect on firm value. The Debt to Equity
Ratio does not moderates the Current Ratio relationship to firm value, the Debt to Equity
Ratio does not moderate the Return on Equity relationship to firm value.

Keywords: Current Ratio, Return on Equity, Debt to Equity Ratio and Company Value