<![CDATA[The purpose of this research is to obtain empirical evidence regarding the impact of Profitability, Company Size, Sales Growth, Liquidity and Asset Structure on Capital Structure in Pharmaceutical Sub-Sector Companies Listed on the Indonesia Stock Exchange (IDX) for the 2011-2020 period. The research sample used was 7 companies and 70 data, and the sample selection procedure was carried out using purposive sampling method. The data were analyzed using descriptive statistics and regression panel with a FEM model to testing all hypotheses. The research shows that if the profitability and sales growth has a positive effect on capital structure compliance, because the higher profit and sales will give secure collateral to creditor. Then liquidity has a negative effect on capital structure because if company has a good liquidity, they usually don’t need so much debt. Furthermore, the variables of firm size and asset structure have no effect on the capital structure.]]>
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