PENGARUH STRUKTUR MODAL TERHADAP PROFITABILITAS PADA INDUSTRI FOOD AND BEVERAGES YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aimed to find out the effect of capital structure on the profitability. While, the capital structure was measured by Debt to Asset Ratio and Debt to Equity Ratio. Moreover, the profitability was measured by Return on Equity. The research was quantitative. While, the population was Food and Beverages companies which were listed on Indonesia Stock Exchange. Moreover, the sampling collection technique used purposive sampling in which the collection based on criteria given. In line with, there were 11 Food and Beverages companies, as sample, which were listed on Indonesia Stock Exchange 2012-2016. The data used secondary, which in the form of financial statement of Food and Beverages companies which were listed on Indonesia Stock Exchange. Furthermore, the data analysis technique used multiple linear regression with SPSS version 25. The research result of hypothesis test, with t-test, concluded capital structure which was measured by Debt to Asset Ratio and Debt to Equity Ratio had significant effect on the profitability, which was measured by Return on Equity.
Keywords: debt to assets ratio, debt to equity ratio, return on equity