PENGARUH LEVERAGE, LIKUIDITAS, INTENSITAS ASET TETAP, ARUS KAS OPERASI DAN MARKET TO BOOK RATIO TERHADAP REVALUASI ASET TETAP: (Studi Empiris Pada Perusahaan Sektor Energi Yang Terdaftar Di Bursa Efek Indonesia Periode 2017-2021)

Ali Asidik

Authors

Ali Asidik Universitas Kuningan

Keywords:

Fixed Asset Revaluation, Leverage, Liquidity, Fixed Asset Intensity, Operating Cash Flow, Market to book ratio

Abstract

This study aims to analyze the effect of leverage, liquidity, fixed asset intensity, operating cash flow and market to book ratio on fixed asset revaluation in energy companies listed on Indonesia Stock Exchange for the 2017-2021 period. The research method used descriptive and verification method. The population of this research were 76 companies in the Energy Sector for 5 years. The sampling technique used in this research was taken by slovin method and quota sampling. Then the sample in this research became 39 companies for 5 years and observed data were 195 data. Data collection technique in this research used the non- participant observation techniques and data analysis technique used logistic regression analysis. The results of this research showed that (1) leverage, liquidity, fixed asset intensity, operating cash flow and market to book ratio simultaneously had significant effect on fixed asset revaluation, (2) leverage, liquidity, fixed asset intensity, operating cash flow and market to book ratio partially had positive and significant effect on fixed asset revaluation

Keywords: Fixed Asset Revaluation, Leverage, Liquidity, Fixed Asset Intensity, Operating Cash Flow, Market to book ratio.

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