PENGARUH STRUKTUR MODAL DAN PERTUMBUHAN PERUSAHAAN TERHADAP PROFITABILITAS PADA PT JAYA REAL PROPERTY TBK PERIODE 2015-2024

Abstract

This study aims to determine the effect of Capital Structure and Company Growth on Profitability at PT Jaya Real Property Tbk for the period 2015–2024. The research method used is the associative quantitative method. The data analysis techniques used are descriptive statistical analysis, classical assumption tests, multiple linear regression analysis, hypothesis testing using t-tests and f-tests, and coefficients of determination. The main focus of this study is Debt to Equity Ratio for Capital Structure, Asset Growth for Company Growth and Return on Equity for Profitability. The results of the study indicate that partially Debt to Equity Ratio has a significant effect on Return on Equity with a significance value of 0.000 < 0.05 and tcount> ttable (8.687 > 2.364). Meanwhile, Asset Growth does not have a significant effect on Return on Equity with a significance value of 0.068 <0.05 and tcount <ttable (2.157 < 2.364) and the coefficient of determination shows that the Debt to Equity Ratio and Asset Growth variables are able to explain 91% of Return on Equity, while the remaining 9% is explained by other variables not examined in this study. While simultaneously there is a significant effect between Debt to Equity Ratio and Asset Growth on Return on Equity.