Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)

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Comparative Analysis of Capital Structure and Profitability During the COVID-19 Pandemic on Telecommunication Companies in the Indonesian Stock Exchange

Authors
Novie Wulan Sari1, *, Mokhamad Anwar1
1Master of Management, Faculty of Economics and Business, Padjadjaran University, Bandung, Indonesia
*Corresponding author. Email: noviewulansr@gmail.com
Corresponding Author
Novie Wulan Sari
Available Online 29 September 2023.
DOI
10.2991/978-94-6463-234-7_23How to use a DOI?
Keywords
Capital Structure; Debt to Asset Ratio; Debt to Equity Ratio; Profitability; Return on Equity Ratio
Abstract

This study examined the comparative analysis of capital structure and profitability during the COVID-19 pandemic. In knowing the extent of the benefits obtained by a company, it can be seen from the financial performance, especially in the capital structure as measured by the Debt-to-Equity Ratio and Debt-to-Asset Ratio. The capital structure will affect the profitability measured by the Return on Equity because the maximum use of debt will reduce interest payments since the company is required to pay higher interest. In the profitability calculation, the level of profit obtained from the company during the COVID-19 pandemic can be found. The purpose of this study was to find out the comparison and the influence between capital structure and profitability. This study used a telecommunication company listed on the Indonesian Stock Exchange over the period of 2017–2021. The type of data used was secondary data. The results of this study showed that capital structure was measured by the Debt-to-Equity Ratio the and Debt-to-Asset Ratio revealed a negative effect on profitability measured by Return on Equity.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
29 September 2023
ISBN
10.2991/978-94-6463-234-7_23
ISSN
2352-5428
DOI
10.2991/978-94-6463-234-7_23How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Novie Wulan Sari
AU  - Mokhamad Anwar
PY  - 2023
DA  - 2023/09/29
TI  - Comparative Analysis of Capital Structure and Profitability During the COVID-19 Pandemic on Telecommunication Companies in the Indonesian Stock Exchange
BT  - Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)
PB  - Atlantis Press
SP  - 243
EP  - 252
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-234-7_23
DO  - 10.2991/978-94-6463-234-7_23
ID  - Sari2023
ER  -