The Influence of Capital Structure, Liquidity, and Profitability on Company Value in the Technology Subsector Listed on the Indonesia Stock Exchange (IDX) in 2021-2024

This study aims to analyze the effect of capital structure proxied by Debt to Equity Ratio (DER), liquidity proxied by Current Ratio (CR), and profitability proxied by Return On Equity (ROE) on company value proxied by Price to Book Value (PBV) in Technology Subsector companies listed on the Indonesia Stock Exchange in 2021-2024. The research method used is a quantitative approach with a purposive sampling technique. The data used is document data obtained from the
company's annual financial report. The population used in this study is technology subsector companies listed on the Indonesia Stock Exchange in 2021-2024, which is 47 companies. The sampling method used is saturated sampling so that 7 companies are obtained that meet the criteria as samples. Data processing and analysis techniques use multiple linear regression analysis techniques with the help
of the SPSS version 21 application. The results of the study explain that partially the capital structure has a negative and insignificant effect on the value of technology subsector companies. Liquidity has a negative and significant effect on the value of technology sub-sector companies. Profitability partially has a positive and insignificant effect on the value of technology sub-sector companies. Meanwhile, simultaneously, capital structure, liquidity, and profitability have a significant effect on the value of technology sub-sector companies.
Keywords: Capital Structure (DER), Liquidity (CR), Profitability (ROE), Firm
Value (PBV)