Entrepreneurship, Management, and Business Research Journal
Vol. 2 No. 1 (2025): JANUARY 2025 - EMBUN RESEARCH JOURNAL

The Optimal Capital Structure Analysis of PT Lion Metal Works Tbk Listed on the Indonesia Stock Exchange

Sopian, Muh. Fauzan Anfasa (Unknown)
Abduh, Ardiansyah (Unknown)
Baso, Nurfatimah Azzahra (Unknown)
Mustafa, Riad (Unknown)



Article Info

Publish Date
23 Jan 2025

Abstract

This study aims to determine and analyze the Optimal Capital Structure at PT Lion Metal Works Tbk, which is listed on the Indonesia Stock Exchange in 2018-2022. The variables in this study are capital structure (independent variables) measured by calculating the Debt to Asset Ratio (DAR), Debt to Equity Ratio (DER), Long Term Debt to Equity Ratio (LDTER), and Return on Equity (ROE) using units of Rupiah (Rp). Data collection using the documentation method. The data analysis technique used in this research is quantitative analysis of secondary data. The results of this study indicate that the average amount of DAR is 32.31% of the industry standard <35% with optimal information, the average amount of DER is 47.83% of the industry standard <90% with optimal information, the amount of LDTER is 20.37% with industry standards <10% with non-optimal information, and the amount of ROE is 0.013% of the industry standard 40% with non-optimal notification.

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Journal Info

Abbrev

embun

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Entrepreneurship, Management, and Business Research Journal (EMBUN) is a research journal that mainly highlights theoretical and empirical studies. EMBUN is also devoted to advancing an understanding of research issues in entrepreneurship, management, and business theory and practice that eventually ...