The Market Evaluation Dynamics of Non-Bank Companies Financial Performance in the LQ45 Index on the Indonesia Stock Exchange: A Ten-Year Perspective of Companies with Corporate Social Responsibility

This study aims to analyze the financial performance of non-bank companies listed in the LQ45 index on the Indonesia Stock Exchange from 2013 to 2022. Debt management will be measured using debt to equity ratio (DER) and debt to assets ratio (DAR). Asset management will be assessed through current ratio (CR), working capital turnover (WCT), and total assets turnover (TAT). Profitability indicators will include net profit margin (NPM), return on equity (ROE), and return on assets (ROA). Dividend policy will be evaluated using dividend payout ratio (DPR). The market assessment will be conducted based on the priceearnings ratio (PER). research findings indicate that DER, CR, NPM, ROE, and DPR significantly able to explain market assessment (PER), while DAR, WCT, TAT, and ROA are not significantly able to explain market assessment of non-bank companies in the LQ45 index on the Indonesia Stock Exchange for the period 2013-2022.