Analysis of the Influence of Gearing rasio on Company Value, with Return on Assets as Intervening

Authors

  • Juli Meliza Sekolah Tinggi Ilmu Manajemen Sukma
  • Khaira Amalia Fachrudin Universitas Sumatera Utara

DOI:

https://doi.org/10.37304/ej.v5i1.12333

Keywords:

Gearing ratio, ROA, Tobins' Q, Path Analysis

Abstract

This research aims to determine the effect of gearing ratio on company value, with ROA as an intervening, at Gail Ltd. Quantitative approach using path analysis. The sample used in this research is the financial report of the company Gail Ltd. 2019-2022 period. Financial report data is obtained from the company website. The results of this research show that the Gearing ratio has a negative influence on ROA and Tobins' Q, and ROA has a positive influence on Tobins' Q.

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Published

2024-01-11

How to Cite

Juli Meliza, & Khaira Amalia Fachrudin. (2024). Analysis of the Influence of Gearing rasio on Company Value, with Return on Assets as Intervening . Edunomics Journal, 5(1), 84–89. https://doi.org/10.37304/ej.v5i1.12333