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Effect of profitability of the Company in the Debt Policy

This study aims to examine the effect of profitability on corporate debt policy. The method used is quantitative with a sample of 22 companies listed on the IDX in the 2016-2017 period. The profitability variables tested were; ROE, ROA, and NPM with DER as the dependent variable. The test results show that Net Profit Margin and ROE have a significant positive effect on debt policy, while ROA has a significant effect on debt policy.