This study aims to determine and measure the effect of company characteristics, external factors and capital structure on financial company on automotive companies listed on the Jakarta Stock Exchange. “This research uses an explanatory research type, the data collection method is in the form of literature study with documentation techniques. Methods of data analysis used in this research, namely financial ratio analysis, descriptive analysis, and inferential analysis. The data has been input on SPSS Statistic”s for further statistical analysis, regression and then path analysis were used to determine the effect variable. The results process of statistical analysis, “research and hypothesis testing prove that company characteristics have a significant effect on capital structure, then external factors in the company also have a significant effect on the capital structure. Also company characteristics have a significant influence on financial performance, then external factors in the company also have a significant influence expected on financial performance”. So that this research contributes to overcoming problems that exist in the company and formulating future policies. Finally, company characteristics and external factors have a significant influence on financial performance through capital structure. As a common thread of the research implementation, the company must really pay attention to external factors, considering that it has an impact on financial conditions which is for the company's long-term goals.

Keywords : Characteristics of the Company, External Factors, Capital Structure, Financial Performance.