Effect Of Operating Costs, Capital Structure And Liquidity On Profitability In Companies In The Processed Food Subsector Listed On The Indonesian Stock Exchange (BEI) For The Period 2021–2025
Aug 2026· International Journal of Business, Management and Economics· 0 citations
Abstract
This study aims to analyse the impact of operating costs, capital structure and liquidity on profitability in companies in the Food and Beverage sub-sector listed on the Indonesia Stock Exchange (IDX) for the period 2021–2025. Profitability is measured using Return on Assets (ROA), operating costs are measured by the Operating Expenses to Operating Revenue ratio (BOPO), capital structure is measured by the Debt to Equity Ratio (DER), and liquidity is measured by the Current Ratio (CR). This study employs a quantitative approach using secondary data in the form of annual financial statements, comprising 140 observations (firm-years) from 28 companies. The analysis method employed was multiple linear regression. The results indicate that, when considered individually, operating costs (BOPO) have a positive and significant effect on ROA, capital structure (DER) has a positive and significant effect on ROA, whilst liquidity (CR) has a positive but insignificant effect on ROA. When considered simultaneously, all three variables have a significant effect on profitability
This study aimed to evaluate the effects of profitability (Net Profit Margin/NPM), liquidity (Current Ratio/CR), capital structure (Debt-to-Equity Ratio/DER), and firm size (Ln Total Assets/Size) on financial performance, proxied by Return on Assets (ROA), among 30 banking companies listed on the Indonesia Stock Exchan...
Yohanes Tampubolon, Agma Aulia Istiqomah, Denny Rachmad P.P et al.· Journal Research of Social S...· 0 citations
This research aims to examine the effects of profitability, leverage, and firm size on firm value among companies in the Basic Materials sector listed on the Indonesia Stock Exchange (IDX) during the 2021–2024 period. Profitability was proxied by Return on Assets (ROA), leverage was proxied by the Debt-to-Equity Ratio...
Ai Nur Wasiah, Eindye Taufiq· Journal Research of Social S...· 0 citations
This study aims to analyze the effects of profitability, capital structure, and investment decisions on firm value. Firm value is an important indicator reflecting investor perceptions of corporate performance and future prospects, particularly in technology-related telecommunication companies. The study uses a quantit...
Mufid Khairi Huwaidi, Y. N. Supriadi, Ranila Suciati· JHSS (JOURNAL OF HUMANITIES...· 0 citations
This research aims to examine and analyze the effect of capital structure (Debt to Equity Ratio) and working capital efficiency (Working Capital Turnover) on profitability (Return on Assets). The population in this study is manufacturing companies consistently listed in the LQ45 index of the Indonesia Stock Exchange du...
Asep Pipin Hanapi, Albert Johanes Matondang, Titin Aliyah et al.· Dinasti International Journa...· 0 citations
The property and real estate sector plays a strategic role in supporting economic growth and attracting investment in Indonesia. However, fluctuations in corporate financial performance indicate the importance of identifying the financial factors that influence profitability. This study aims to analyze the effect of le...
