Analisis Current Retio, Return On Asset, Ukuran Perusahaan Dan Total Asset Turnover Terhadap Struktur Modal Pada Perusahaan Sektor Aneka Industri Yang Terdaftar Di Bursa Efek Indonesia Periode 2015-2019

Abstract

This study aims to examine and analyze how the effect of Current Ratio, Return On Assets, Company Size and Total Asset Turnover on Capital Structure. This research is a quantitative research. The population in this study are various industrial sector companies listed on the Indonesia Stock Exchange totaling 46 companies. The sample of this research is 13 companies selected by purposive sampling technique. The statistical method used is multiple linear regression analysis. The results showed that the Current Ratio, Company Size and Total Asset Turnover had an effect on the Capital Structure. While the Return on Assets has no effect on the Capital Structure. And simultaneously Current Ratio, Return On Assets, Company Size and Total Asset Turnover affect the Capital Structure. The magnitude of the coefficient of determination is 70.2% while the remaining 29.8% Capital Structure is explained by other variables not examined in this study. The conclusion of this study is that only the Current Ratio, Company Size and Total Asset Turnover have a significant effect on the Capital Structure of various industrial sector companies listed on the Indonesia Stock Exchange for the 2015-2019 period.   Keywords: Current Ratio, Return On Assets, Company Size, Total Asset Turnover, Capital Structure