Analysis of Liquidity, Leverage, and Profitability and Their Influence on Company Value in Intellectual Capital

Abstract

The purpose of this study is to examine the impact of liquidity, leverage, and profitability on firm value. This study examines public banking sector companies listed on the Indonesia Stock Exchange between 2024 and 2025. Secondary data is the source of data for this quantitative technique. A total of 39 companies were selected as samples over a six-year period; thus, a total of 234 data points were evaluated. Multiple regression analysis was conducted on the data. The research findings and data analysis lead to the conclusion that variables related to profitability and liquidity increase business value. Firm value is significantly and negatively affected by the leverage variable. The impact of liquidity and leverage factors on the firm value variable, represented by the Tobins'Q index, can be strengthened by the intellectual capital variable. The impact of the profitability variable on the firm value variable, represented by the Tobins'Q index, is mitigated by the intellectual capital variable.