Liquidity and Leverage as Determinants of Capital Structure: Empirical Evidence from Energy Sector Companies Listed on the Indonesia Stock Exchange, 2020–2024
This study examines the effect of liquidity and leverage on capital structure in energy sector companies listed on the Indonesia Stock Exchange (IDX) during 2020–2024. Liquidity is proxied by the Current Ratio (CR), leverage by the Debt to Asset Ratio (DAR), and capital structure by the Debt to Equity Ratio (DER). Usin...