Pengaruh Profitabilitas, Likuiditas, dan Stabilitas Penjualan Terhadap Struktur Modal


  • Anisa Wanda Saputri Wanda Politeknik Negeri Jakarta
  • Indianik Aminah Politeknik Negeri Jakarta


This study aims to determine the effect of profitability, liquidity, and sales stability on capital structure in oil and gas sub-sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2018-2022. This research uses quantitative research with an associative approach. The sampling technique used was purposive sampling which resulted in 8 samples of oil and gas sub-sector companies. The data analysis method used is panel data regression analysis. Hypothesis testing carried out includes partial testing (t test) and simultaneous testing (F test). partial test results show that: (1) Profitability affects the capital structure; (2) Liquidity affects the capital structure; (3) Sales Stability has no effect on the capital structure. While the test results simultaneously show that profitability, liquidity, and sales stability affect the capital structure.

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