The Effect of Leverage, Liquidity, and Capital Structure on Financial Performance in Food and Beverage Companies Listed on the Indonesia Stock Exchange for the 2017-2021 Period

Authors

  • Adelia Fahreza Universitas Pamulang, Indonesia

DOI:

https://doi.org/10.57235/aurelia.v3i1.894

Keywords:

Financial Performance, Liquidity, Leverage, Capital Structure

Abstract

The purpose of this study is to conduct an empirical test regarding leverage, liquidity, and capital structure on financial performance. This research is a quantitative study using secondary data in the form of financial statements of food and beverage sub-sector manufacturing companies of 26 companies listed on the Indonesia Stock Exchange (IDX) for the observation period 2017-2021. The population in the study were all food and beverage sub-sector companies period 2017-2021. The sample selection in this study used a purposive sampling method so that a total of 13 companies were obtained with 65 observational data carried out during 5 observation periods. The data analysis method used is multiple linear regression analysis obtained with the SPSS Version-24 application program. The variables used to measure liquidity are leverage measured by Debt to Equity Ratio(DER), current ratio (CR), and capital structure measured by Debt to Assets Ratio (DAR). Based on the results of the research analysis it can be concluded that liquidity (CR), leverage (DER), and capital structure (DAR) have an effect on financial performance (ROA).

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References

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Published

2024-01-01

Issue

Vol. 3 No. 1 (2024): January 2024

Section

Articles

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