PENGARUH LIKUIDITAS STRUKTUR MODAL DAN UKURAN PERUSAHAAN TERHADAP PROFITABILITAS PADA PERUSAHAAN PROPERTY DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

The research aimed to examine the effect to liquidity, capital structure, and firm size on probability. Liquidity had been calculated by Current Ratio (CR), capital structure had been calculated by Debt to Equity Ratio (DER) and firm size had been calculated by size. Meanwhile, the probability had been measured by Return On Asset (ROA). Moreover, the population was Property and Real estate companies that were listed on The Indonesia Stock Exchange 2017-2020. The research was quantitative with secondary datam in form of companies financial statements. Furthermore, the data collection technique used purposive sampling. In live with that, there 84 samples from 21 Property and Real Estate companies. The data analysis technique used multiple linear regression. The result showed that liquidity had a positive but insignificant effect on probability. It mean that the higher the liquidity value was, the lower the propability would be. However, the capital structure had a negative and insignificant effect on probability. This meant, the lower the capital structure was, the higher the probability. Moreover, the firm size had a negative butinsignificant effect on its profitability. In other words, how higher or lower firmsize, the profitwhich wasproducedwon’tbe affected.