Analisis Pengaruh Struktur Modal Dan Likuiditas Terhadap Profitabilitas (Studi pada Industri Food and Beverages yang terdaftar di Bursa Efek Indonesia Periode Tahun 2018-2022)

Abstract

This study aims to determine the effect of capital structure and liquidity on profitability in the food and beverages industry listed on the Indonesia Stock Exchange for the period of 2018-2022. The research method used is a quantitative method with both descriptive and verificative approaches. The data utilized are secondary data. The sampling method employed is purposive sampling, applying specific criteria according to the research needs, resulting in a sample of 5 companies. Data analysis is conducted using panel data regression, coefficient of determination, classical assumption tests, and hypothesis testing both partially (t-test) and simultaneously (F-test) using Eviews 12 software. The results of this study indicate that capital structure has a negative effect on profitability, while liquidity does not affect profitability.