The Effect of Capital Structure and Asset Utilization Efficiency on Profitability at PT Waskita Karya (PERSERO) Tbk. 2015-2025 Period

Risya Alviolita; Endang Puji Astutik

doi:10.61536/escalate.v4i4.838

Authors

Risya Alviolita Pamulang University
Endang Puji Astutik Pamulang University

DOI:

https://doi.org/10.61536/escalate.v4i4.838

Keywords:

Asset Utilization Efficiency, Capital Structure, Debt to Equity Ratio, Profitability, Return On Assets, Total Asset Turnover

Abstract

The purpose of this study is to determine the effect of Capital Structure and Asset Utilization Efficiency on Profitability at PT Waskita Karya (Persero) Tbk for the period 2015-2025. The data analysis method used is quantitative. The analytical tools include descriptive statistical analysis, classical assumption tests, multiple linear regression analysis, coefficient of determination, and hypothesis testing. The results show that partially, Capital Structure has a significant effect on Profitability with a coefficient value of t-count > t-table (3.171 > 2.306), sig. 0.013 < 0.05. Meanwhile, partially, Asset Utilization Efficiency has a significant effect on Profitability with a coefficient value of t-count > t-table (4.522 > 2.306), sig. 0.002 < 0.05. Simultaneously, Capital Structure and Asset Utilization Efficiency have a significant effect on Profitability with F-count > F-table (10.319 > 4.459) and significance value of 0.006 < 0.05.

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