Optimal: Jurnal Ekonomi dan Manajemen
Vol. 5 No. 2 (2025): Jurnal Ekonomi dan Manajemen

Dampak Modal Kerja, Struktur Modal, dan Likuiditas terhadap Profitabilitas Perusahaan Retail BEI 2020–2023

Chintya Nur Indah (Universitas Islam Sumatera Utara)
Supriadi Supriadi (Universitas Islam Sumatera Utara)
Heny Triastuti Kurnia Ningsih (Universitas Islam Sumatera Utara)



Article Info

Publish Date
08 May 2025

Abstract

This study aims to analyze the effect of working capital, capital structure, and liquidity on the profitability of retail companies. This type of research is descriptive quantitative. The research sample consists of 12 retail sub-sector companies listed on the Indonesia Stock Exchange during the 2020-2023 period, which were determined using a purposive sampling technique. The data source is secondary data obtained from financial reports accessed through the Indonesia Stock Exchange website and the company's official website. Data analysis techniques include descriptive statistical analysis, classical assumption tests, and hypothesis testing. The results of the study indicate that working capital and liquidity have a positive and significant effect on profitability, while capital structure has a negative and insignificant effect on profitability. Simultaneously, the three variables have a positive effect on profitability, with an R Square value of 0.280, indicating that 28% of the variation in profitability is influenced by the variables studied, while 72% is influenced by other factors not studied.

Copyrights © 2025






Journal Info

Abbrev

optimal

Publisher

Subject

Description

OPTIMAL: Jurnal Ekonomi dan Manajemen berfokus pada penerbitan artikel berkualitas tinggi yang didedikasikan untuk semua aspek penelitian, masalah, dan perkembangan terbaru di bidang Ilmu Manajemen. Topik dalam Jurnal ini berkaitan dengan aspek apapun dari manajemen, namun tidak terbatas pada topik ...