DETERMINASI KINERJA PERUSAHAAN BERDASARKAN RASIO KEUANGAN PADA SEKTOR PROPERTI DAN REAL ESTAT

Abstract

The purpose of this study is to investigate the effect of capital structure and financial ratios in company performance as proxied by return on equity (ROE). This study uses data from property and real estate sector companies listed on the Indonesia Stock Exchange (IDX) that consistently published their financial statement during the period 2017-2023. The independent variables in this study include capital structure, firm size, total asset turnover, price earnings ratio and interest coverage ratio. A total of 10 compenies were selected as research samples using purposive sampling, and the data were analyzed using multiple linear regression. Based on the results of the analysis, it can be concluded that capital structure, firm size, total asset turnover, and price earnings ratio have no effect on company performance, while interest coverage ratio has an effect on company performance.