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JIMR - Journal of International Multidisciplinary Research - Vol. 2 Issue. 9 (2024)

The Influence Of Capital Structure And Profitability On Company Value At PT Astra Agro Lestari Tbk

Karolina, Arif Hidayat,



Abstract

This study investigates how capital structure and profitability influence the value of PT Astra Agro Lestari Tbk. It employs a quantitative approach using numerical data, specifically analyzing the company's financial reports from 2012 to 2021. The findings indicate that capital structure significantly affects the company's value, with a T-test result showing a calculated value of 5.686, which exceeds the t-table value of 1.89458, and a significance level of 0.031 (less than 0.05). Profitability also has a significant impact, with a calculated value of 5.686 surpassing the t-table value of 1.89458 and a significance level of 0.001 (less than 0.05). This suggests that both capital structure and profitability individually affect the company's value. Additionally, when considered together, capital structure and profitability have a combined significant impact on firm value, with a significance level of 0.002 (less than 0.05) and a calculated F-value of 17.413, which is greater than the F-table value of 4.74. This confirms that both factors together significantly influence the company's value







DOI :


Sitasi :

0

PISSN :

EISSN :

3026-6874

Date.Create Crossref:

12-Sep-2024

Date.Issue :

12-Sep-2024

Date.Publish :

12-Sep-2024

Date.PublishOnline :

12-Sep-2024



PDF File :

Resource :

Open

License :

https://creativecommons.org/licenses/by-sa/4.0