The effect of financial ratios on company value in oil and gas mining subsectors in Indonesia stock exchange
Keywords:
asset growth, financial ratios, firm valueAbstract
Firm value is influenced by elements outside and within the organization. . They were selected by purposive examination technique. The examination procedure used is Panel Data Regression Analysis. The consequences of such examinations lead to the demonstration that Return on Equity has a substantial beneficial return on firm value, suggesting that return on capital through increased benefits will build financial support certainty. Conversely, the Debt to Asset Ratio has a critical negative impact on firm value. This implies that the use of extreme liabilities can sustain the business. Owners and top administrative organizations should be careful about the use of obligations. Operational productivity and expansion of the number of items must be the primary concern to build Return on Equity. Different factors, such as Asset Growth, Total Asset Turn Over, and Current Ratio, have no impact on firm value.
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