TAF PUBLISHING

This study aims to determine the impact of benefit on capital structure of recorded cement firms in Nigeria and descriptive and ex-post facto design to establish the firm's distinctiveness of capital structure among Nigeria's cement firms. Also, correlation and regression analysis will be used for this research. The research adopted descriptive and ex-post-facto design to establish the firms' capital structure characteristics among the cement firms in Nigeria. The ex-post facto design is used to establish the impact between the leverage (dependent variable) and Profitability, Firm size, Tangibility of assets, Firm growth, and Liquidity. The result produces proof to accept the null hypothesis, in hypothesis one, which states that firm profitability has no significant impact on the capital structure of cement firms in Nigeria. By implication, the alternative hypothesis, which states vice versa to the above, should be rejected. Capital structure is one of the successful apparatuses of administration to oversee the fetches of capital. An ideal capital structure is achieved when the capital cost is not much. Even though a few ponders have been done on the determinants of capital structure, imperative questions remain on what are the determinants of the capital structure of firms in different sector.