DETERMINAN PROFITABILITAS DAN IMPLIKASINYA TERHADAP NILAI PERUSAHAAN DENGAN LEVERAGE SEBAGAI VARIABEL INTERVENING

This research was conducted with the aim of knowing ability leverage to mediate implications profitability on firm value, sales growth and cash turnover as determinants profitability. The population in this study are companies from trade, service investment sectors tourism sub-sector, restaurants hotels listed Indonesia Stock Exchange (IDX) for period 2016 2020 a total 19 companies. antecedent variable company is proxied by activity ratio Cash Turnover, independent measured using ROE (Return Equity), dependent value PBV (Price Book Value), intervening Leverage DER (Debt Equity Ratio). uses secondary data obtained ICMD (Indonesian Capital Market Directory) 2016-2020. Testing carried out SPSS. results showed that has positive effect profitability, leverage, negative mediates value..