ANALISIS PENGARUH CURRENT RATIO, NET PROFIT MARGIN, TOTAL ASSETS TURNOVER DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL

(Studi Empiris Pada Perusahaan Yang Tergabung Dalam Indeks LQ 45 di BEI Periode 2013-2017)

Abstract

Capital is very important in building and guaranteeing the sustainability of the company. Capital is needed for each company, issued if the company will expand. Therefore, companies must determine the capital needed. Current ratio, net profit margin, total asset turnover and firm size to the capital structure of companies incorporated in the LQ 45 index on the Indonesia Stock Exchange for the period 2013-2017. The sampling technique used a purposive sampling method and the sample obtained was 18 companies incorporated in the LQ 45 index of the total participation of 45 companies. The method used is hypothesis testing. The analytical tool used in this study is multiple linear regression assisted by the SPSS variance 20 program with the backward method and Microsoft Excel 2013. The results of this study indicate that the current ratio variable, net profit margin, total asset turnover have a significant negative effect on capital structure, using company size does not affect the capital structure.