The Effect of Leverage on Profitability (Studies on Financial Technology Companies Listed on the NASDAQ in 2016-2021) Sulastri Sulastri- B.Widjajanta- D.S Ningrum
Universitas Pendidikan Indonesia
Abstract
This study aims to obtain an overview of the leverage of profitability in financial technology companies listed on the NASDAQ. The type of research used is descrip-tive and verification research with explanatory research methods. The sampling tech-nique in this study is purposive sampling technique with a total sample of 4 financial technology companies listed on the NASDAQ. The data analysis technique used in this study is a panel data regression analysis technique with data processing applica-tions using the Eviews 10 program. The findings of the descriptive research show that leverage (DAR) has fluctuated and profitability (ROA) has tended to decrease in 2016-2021. The findings of the verifikative research show that leverage has a negative effect on profitability. Based on the results of this study, it can be concluded that the higher the level of leverage achieved by the company, the level of profitability will decreas.
