The Effect of Profitability, Liquidity, Asset Structure on Capital Structure with Company Size as a Moderation Variable in Manufacturing Companies on the Indonesia Stock Exchange 2019-2021

This study aims to analyze the effect of profitability, liquidity, asset structure on capital structure with company size as a moderating variable in Manufacturing companies on the Indonesia Stock Exchange 2019-2021. The population in this study are Manufacturing companies on the Indonesia Stock Exchange 2019-2021 which have complete financial reports. Meanwhile, the sample in this study is a manufacturing company that has published financial reports for three years, namely 2019 to 2021. The analytical technique used is moderation of regression analysis. The results of this study indicate that Profitability, Liquidity and Asset Structure affect Capital Structure, and Company Size can moderate Profitability, Liquidity and Asset Structure on Capital Structure, with a contribution of 56.2% to Capital Structure