Pengaruh Debt To Assets Ratio, Size of Firms, Profitability, Capital Expenditure, Tangible Assets, Cash Conversion Cycle terhadap Cash Holding (Studi Pada Perusahaan Konsumsi yang Terdaftar di Bei Tahun 2018 – 2021).

Abstract

The formulation of the problem in this study is to examine the influence of Debt to Assets Ratio, Size of Firms, Profitability, Capital Expenditure, Tangible Assets, Cash Conversion Cycle on Cash Holding (Study on consumer companies listed on the IDX in 2018-2021). The purpose of this study was to determine and analyze the effect of Debt to Assets Ratio, Size of Firms, Profitability, Capital Expenditure, Tangible Assets, Cash Conversion Cycle on Cash Holding (Study on consumer companies listed on the IDX in 2018-2021). The hypothesis of this study is that Debt to Assets Ratio, Size of Firms, Capital Expenditure, Tangible Assets affect negatively on Cash Holding and Profitability and Cash Conversion Cycle affect positively on Cash Holding. The unit of analysis in the study is a consumer company listed on the Indonesia Stock Exchange. The population in this study were 45 companies and the sample used was 42 companies with an observation period of 4 (four) years from 2018 to 2021 minus the outlier. The technique used in sampling is purposive sampling. The data processing method used in this research is causal associative test with multiple regression analysis using SPSS version 23. The results of this study indicate that Debt to Assets Ratio, Capital Expendi-ture, Tangible Assets, Cash Conversion Cycle have a negative on Cash Holding. Profitability has a positive effect on Cash Holding. Size of Firms has a positive but no effect on Cash Holding