Relationship Between Capital Structure and Sustainable Profitability : Evidence From Indian Cosmetics Corporate

Abstract

The financial leverage is Combination of equity and debt. The article investigates the influence of financial structure on the Sustainable profitability of Cosmetic companies of India listed on NSE for 10 years from 2012 to 2021. The independent variable taken for the research are debt-assets ratio, debt to equity ratio, interest coverage ratio and fixed assets turnover ratio, while profitability is a dependent variable. The study finds that DER and FATR is a very important variable from view point of the sustainable profitability of the company and should be given more importance by managers of the company.