Pengaruh Stuktur Modal Terhadap Kinerja Keuangan Perusahaan Manufaktur(Studi Kasus Perusahaan Manufaktur Subsektor Farmasi Yang Terdaftar Di BEI 2017-2020)

This research aims to analyze the effect of debt to equity ratio (DER) and debt to asset ratio (DAR) on return on assets (ROA) in pharmaceutical sub-sector manufacturing companies listed on the Indonesia Stock Exchange. The research method used is multiple linear regression. In order to obtain unbiased research results, the classical assumption test was first carried out. After that, use a hypothesis test to test the hypothesis in the study. And in processing this research data using SPSS software tools. Based on the results of calculations and data analysis, it can be concluded that the debt to equity ratio (DER) and debt to asset ratio (DAR) have no and no significant effect on return on assets (ROA). Keywords: Capital Structure, Financial Performance, Debt To Equity (DER), Debt To Asset (DAR), Return On Asset (ROA)