DOI: 10.36347/sjebm.2018.v05i08.012

Pages: 799-807

This study aims to analyze the influence of profitability, asset structure, and company size and coal price on the capital structure either partially or simultaneously on coal sub-sector companies listed in Indonesia Stock Exchange in 2013-2017. Population of this research is coal sub sector. The sample is taken by using purposive sampling method so that obtained 15 companies qualify as sample. This research uses data panel regression analysis method with Eviews 9 program, to know the effect of free variable consisting of profitability, asset structure, company size and coal price to capital structure. The results of this study indicate that partially profitability and company size have a negative and significant effect, coal price positive and significant impact on capital structure and asset structure does not affect the capital structure. The results of this study indicate that profitability, asset structure, company size and coal pricesimultaneously have a significant effect on capital structure.