CAPITAL STRUCTURE IMPACT OF ASSETS STRUCTURE, NET PROFIT MARGIN AND CURRENT RATIO

Authors

  • Dede Hertina Widyatama University, Bandung, Indonesia Author
  • Achmad Huda Widyatama University, Bandung, Indonesia Author
  • Lucia Santi Widyatama University, Bandung, Indonesia Author
  • Mohamad Bayu Herdiawan Hidayat Widyatama University, Bandung, Indonesia Author

Keywords:

Asset Structure, Net Profit Margin, Current Ratio to Capital Structure

Abstract

This study aims to analyze the effect of asset structure, net profit margin, and current ratio on the capital structure of telecommunications companies listed on the Indonesia Stock Exchange. The analysis used in this research is multiple regression analysis. The sample used in this study were 6 telecommunications companies listed on the Indonesia Stock Exchange, the data collection period was 2016-2020. This research method uses multiple regression analysis with a significant level of 5%. The results show that simultaneously the asset structure, probability, current ratio has a significant effect on telecommunication companies listed on the IDX for the 2016- 2020 period and partially the asset structure has a positive effect on the company's capital structure, the probability value has a positive effect on the capital structure. current ratio has no effect on the structure of telecommunications companies on the IDX for the 2016-2020 period.

Downloads

Download data is not yet available.

References

Antoro, W., A. Sanusi, and P. Asih, The Effect of Profitability, Company Size, Company Growth on Firm Value Through Capital Structure in Food and Beverage Companies on the Indonesia Stock Exchange 2014-2018 Period. International Journal of Advances in Scientific Research and Engineering, 2020. 6(09): p. 36-43.DOI: https://doi.org/10.31695/IJASRE.2020.33876.

Dewi, C.R. and F. Fachrurrozie, The Effect of Profitability, Liquidity, and Asset Structure on Capital Structure with Firm Size as Moderating Variable. Accounting Analysis Journal, 2021. 10(1): p. 32-38.DOI: https://doi.org/10.15294/aaj.v10i1.44516.

Musnadi, S., M.A. Djalil, and R. Murkhana, CAPITAL STRUCTURE ANALYSIS OF MULTINATIONAL AND DOMESTIC MANUFACTURING COMPANIES IN INDONESIA. structure, 2018. 9(12).

Potts, J.M., et al., Use and Perceptions of Opioids versus Marijuana among People Living with HIV. American journal of health behavior, 2020. 44(6): p. 807-819.DOI: https://doi.org/10.5993/AJHB.44.6.6.

Bărbuță-Mișu, N., M. Madaleno, and V. Ilie, Analysis of risk factors affecting firms’ financial performance—Support for managerial decision-making. Sustainability, 2019. 11(18): p. 4838.DOI: https://doi.org/10.3390/su11184838.

Culata, P.R.E. and T. Gunarsih, Pecking order theory and trade-off theory of capital structure: Evidence from Indonesian stock exchange. The winners, 2012. 13(1): p. 40-49.DOI: https://doi.org/10.21512/tw.v13i1.666.

Fukuludin, U., F.M. Leon, and Y.E. Purba, Factors Affecting Capital Structure of Small-Medium Enterprises Listed in Indonesia Stock Exchange. Business and Entrepreneurial Review, 2021. 21(2): p. 243-264.

Halfiyyah, S.O. and I.S. Suriawinata, The Effect of Capital Structure, Profitability, and Size to Firm Value of Property and Real Estate at Indonesia Stock Exchange In the Period of 2012-2018. Indonesian Journal of Business, Accounting and Management, 2020. 2(02): p. 12-19.

Hatta, A.J. and B.S. Dwiyanto, The company fundamental factors and systematic risk in increasing stock price. Journal of Economics, Business, & Accountancy Ventura, 2012. 15(2): p. 245- 256.DOI: https://doi.org/10.14414/jebav.v15i2.78.

Rottapel, R.E., L.B. Hudson, and S.C. Folta, Cardiovascular health and African-American women: A qualitative analysis. American Journal of Health Behavior, 2021. 45(4): p. 735-745.DOI: https://doi.org/10.5993/AJHB.45.4.12.

Rachmat, A.S. and L. Kustina, The Influence of Rupiah Exchange Rate, Firm Size, Leverage and Liquidity on Hedging Decisions. Journal of Research in Business, Economics, and Education, 2019. 1(1).

Kartika, A., Effect of profitability, asset structure, growth in sales and firm size on the capital structure of manufacturing companies in the Indonesia Stock Exchange. INFOKAM, 2016. 12(1): p. 86-98.

Putri, I.G.A.P.T. and H. Rahyuda, Effect of capital structure and sales growth on firm value with profitability as mediation. International Research Journal of Management, IT and Social Sciences, 2020. 7(1): p. 145-155.DOI: https://doi.org/10.21744/irjmis.v7n1.833.

Yu, G.J. and K. Hong, Patents and R&D expenditure in explaining stock price movements.Finance Research Letters, 2016. 19: p. 197-203.DOI: https://doi.org/10.1016/j.frl.2016.07.012.

Russell, A.M. and A.E. Barry, Psychometric Properties of the AUDIT-C within an Amazon Mechanical Turk Sample. American Journal of Health Behavior, 2021. 45(4): p. 695-700.DOI: https://doi.org/10.5993/AJHB.45.4.8.

Sam Oh, Y. and H. Jung, The Relationships between Depression and Anxiety Disorder and Online Social Media for Healthcare. American journal of health behavior, 2020. 44(4): p. 409-419.DOI: https://doi.org/10.5993/AJHB.44.4.4.

Schroeder, K., et al., Sleep is Inversely Associated with Sedentary Time among Youth with Obesity. American journal of health behavior, 2020. 44(6): p. 756-764.DOI: https://doi.org/10.5993/AJHB.44.6.2.

Downloads

Published

2022-01-30

How to Cite

Hertina, D., Huda, A., Santi, L., & Hidayat, M. B. H. (2022). CAPITAL STRUCTURE IMPACT OF ASSETS STRUCTURE, NET PROFIT MARGIN AND CURRENT RATIO. CENTRAL ASIA AND THE CAUCASUS, 23(1), 4363-4369. https://ca-c.org/CAC/index.php/cac/article/view/430

Plaudit

Similar Articles

11-20 of 307

You may also start an advanced similarity search for this article.

Most read articles by the same author(s)