Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
Capital structure manufacturing companies in Indonesia: In review
Dublin Core
Title
Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
Capital structure manufacturing companies in Indonesia: In review
Capital structure manufacturing companies in Indonesia: In review
Subject
Capital structure; Debt to asset ratio; Debt to equity ratio; Manufacturing companies
Description
This study aims to provide an in-depth overview of the selection of capital structure of manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2015 to 2017. The data of this study were 127 annual reports of manufacturing companies listed on the IDX, divided into three types of industry, namely basic and chemical
industries, miscellaneous industries, and consumer good industries. The capital structure ratios used in this study were Debt to Asset Ratio (DAR) and Debt to Equity Ratio (DER). It also looked at the ratio of Current Liabilities to Total Debt (CL/TD)
and the ratio of Long Term Debt to Total Debt (LTD/TD). The results showed the average DAR of manufacturing companies in Indonesia for 3 years was 45 percent. Meanwhile, the DER rate was 111 percent. The debt of manufacturing companies in
Indonesia was dominated by current liabilities compared to long-term debt. The consumer good industries had the lowest DAR and DER levels compared to basic and chemical industries and miscellaneous industries. This study can be used as a basis and overview of the capital structure of manufacturing companies listed on the Stock Exchange for further studies.
industries, miscellaneous industries, and consumer good industries. The capital structure ratios used in this study were Debt to Asset Ratio (DAR) and Debt to Equity Ratio (DER). It also looked at the ratio of Current Liabilities to Total Debt (CL/TD)
and the ratio of Long Term Debt to Total Debt (LTD/TD). The results showed the average DAR of manufacturing companies in Indonesia for 3 years was 45 percent. Meanwhile, the DER rate was 111 percent. The debt of manufacturing companies in
Indonesia was dominated by current liabilities compared to long-term debt. The consumer good industries had the lowest DAR and DER levels compared to basic and chemical industries and miscellaneous industries. This study can be used as a basis and overview of the capital structure of manufacturing companies listed on the Stock Exchange for further studies.
Creator
Trisninik Ratih Wulandari, Doddy Setiawan
Source
http://jurnal.unmer.ac.id/index.php/jkdp
Publisher
Universitas Merdeka Malang
Date
October 2020
Contributor
Sri Wahyuni
Rights
ISSN: 2443-2687 (Online) ISSN: 1410-8089 (Print)
Format
PDF
Language
English
Type
Text
Coverage
Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
Files
Collection
Citation
Trisninik Ratih Wulandari, Doddy Setiawan, “Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
Capital structure manufacturing companies in Indonesia: In review,” Repository Horizon University Indonesia, accessed December 22, 2024, https://repository.horizon.ac.id/items/show/4753.
Capital structure manufacturing companies in Indonesia: In review,” Repository Horizon University Indonesia, accessed December 22, 2024, https://repository.horizon.ac.id/items/show/4753.