Determinants of capital structure hospitality, Restaurants and tourism companies in Indonesia
Keywords:
Current Ratio, Total Assets Turnover, Return on EquityAbstract
The purpose of this study was to determine the effect of the Current Ratio, total assets turnover, and Return on Equity partially and simultaneously on the capital structure (DER) of Hospitality, Restaurant, and Tourism Companies listed on the Indonesia Stock Exchange (IDX) for the 2014-2017 Period. The population used in this study is the population of Hospitality, Restaurant, and Tourism companies that publish a complete financial report after being audited starting from the period 2014 to 2017, totaling 10 companies listed on the Indonesia Stock Exchange. The data analysis technique used is multiple linear regression. Based on research conducted on 8 Hospitality, Restaurant, and Tourism companies listed on the Indonesia Stock Exchange (IDX) for the 2014 to 2017 period, it can be concluded that partially, the Current Ratio has no significant effect on the Debt To Equity Ratio. Total Asset Turnover partially has no significant effect on Debt To Equity Ratio. Return On Equity partially has a significant effect on debt to equity ratio. Simultaneously, the Current Ratio, Total Asset Turnover, and Return on Equity together have a significant effect on the Debt to Equity Ratio (DER) of Hospitality, Restaurant, and Tourism Companies listed on the Indonesia Stock Exchange
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Copyright (c) 2022 International Journal of Comparative Accounting And Management Science (IJCAMS)
This work is licensed under a Creative Commons Attribution 4.0 International License.
International Journal of Comparative Accounting And Management Science (IJCAMS)
© 2022
This work is licensed under a Creative Commons Attribution 4.0 International License
