PENGARUH STRUKTUR MODAL, UKURAN PERUSAHAAN, LIKUIDITAS, DAN PERTUMBUHAN PENJUALAN TERHADAP PROFITABILITAS

Abstract

This analysis is conducted to see the relationship between capital structure, company size, liquidity, sales growth with profitability. Profitability uses Return on Assets Ratio, while capital structure uses Debt to Equity Ratio calculation, company size is determined by calculating the natural logarithm and total assets, liquidity is measured by calculating the Current Ratio, and sales growth uses the comparison between current sales and the previous year. The research sample was 12 food and beverage companies listed on the Indonesia Stock Exchange between 2018-2022. The data was analyzed using SPSS software statistical methods using multiple linear regression. The findings of this study reveal the relationship between capital structure, firm size, liquidity, and sales growth simultaneously on profitability. However, partially capital structure has no effect on profitability. Firm size has no effect on profitability. Liquidity affects profitability positively. Sales growth shows a positive influence on profitability. Better asset management and increased sales are one way companies can increase their profitability. In addition, it is also necessary to pay attention to paying off the company's obligations.