This study aims to determine the determinants of capital structure of cigarette companies in Indonesia. The data used in this study are for period of 2015-2019. The sample used was a cigarette company registered in IDX Analysis using partial adjustment model to identify liquidity, profitability, growth opportunity, company size, business risk factors and NDTS on capital structure. The analysis shows variables that have a significant effect on tobacco companies vary between companies. The results of the study can be a consideration for company managers cigarettes in Indonesia to consider the current determinant factors make changes in capital or other financial decisions. Research result also provides information for investors related to investment risks in cigarette companies in Indonesia