The Impact Of Financial Indicators On The Value Of Coal Companies

Abstract

This study aims to understand conditions and relevance in the business sector, including the impact of energy consumption and energy transitions in industry. This aims to determine the impact of ROA and ROE on the business sector in 2020-2022. The study consisted of 20 participants from the IDX with a focus on the global business crisis since 2008. Tobin's Q performs the EBV of total book value of Accounts Payable by EBV then the total book value of Accounts Payable. The research data collected was processed using SPSS to obtain research results that reflect the influence of the ROA variable on the company. The results of the ROE test can influence the company, as can be seen from the results of the F test. The financial ratios in this study presented by ROA and ROE are carried out by ROA and ROE which are not carried out have an impact on the financial performance of coal companies listed on the Indonesia Stock Exchange for the 2020-2022 period. The results of the study reveal that the ROA and ROE variables have a significant effect on company performance in the Indonesian business sector between 2020-2022. ROA and ROE variables simultaneously also show significant differences between companies in the Indonesian business sector.