PENGARUH PERTUMBUHAN ASET, LIKUIDITAS DAN PROFITABILITAS TERHADAP STRUKTUR MODAL PT. GABE PANUTURI GOK ULI

Abstract

ABSTRACT
Purpose of this research is to examine the effect of asset growth, liquidity and profitability on the
capital structure of PT. Gabe Panuturi Gok Uli, is a company engaged in the property sector. Like
other companies, PT. Gabe Panuturi Gok Uli needs to pay attention to aspects that can improve the
company by paying attention to financial ratios. In this study, 27 samples were used from a total
population of 50 with the following criteria; total assets, total liquidity, and total profitability
owned period 2018 - 2021. The data used in this study is secondary data. The data analysis
technique of this study is using multiple linear regression analysis, analysis of the coefficient of
determination and hypothesis testing using the t test and f test through the help of an SPSS 25
application and Microsoft Excel with a significant level of Asset Growth 0.939 > 0.05, Liquidity
0.795 > 0 .05, Profitability 0.012 <0.05. This study shows that asset growth has a Negative and
insignificant effect on capital structure, liquidity has a positive and insignificant effect and
profitability has a positive and significant effect on capital structure with a value of 0.012.

Keywords: Asset Growth, Liquidity, Profitability and Capital Structure.