PENGARUH TOTAL ASSETS, TOTAL SALES, RETURN ON ASSETS, RETURN ON SALES, LIQUIDITY, DAN AGE TERHADAP LEVERAGE PERUSAHAAN DI PERUSAHAAN NON-KEUANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Imam Nuddin (Jurusan Manajemen Universitas Syiah Kuala Banda Aceh)
Faisal Faisal (Jurusan Manajemen Universitas Syiah Kuala Banda Aceh)

Jurnal Ilmiah Mahasiswa Ekonomi Manajemen
Vol 7, No 3 (2022): Agustus

This study aims to determine the effect of Total assets, Total sales, Return on assets, Return on sales, Liquidity and Age on company leverage in non-financial companies listed on the Indonesia Stock Exchange. This study uses panel data with 132 non-financial companies listed on the Indonesia Stock Exchange (IDX) from the 2015-2019 period. The analytical method used is multiple regression analysis with a fixed effect model. Partially, the results showed that total assets had a negative and significant effect on leverage, total sales had a positive and insignificant effect on leverage, return on assets had a negative and significant effect on leverage, return on sales had a negative and significant effect on leverage, liquidity had a negative and significant effect. on leverage, and age has a positive and significant effect on corporate leverage in non-financial companies in Indonesia.