This study aims to find empirical evidence of the effect of Capital Intensity, Debt Covenant, Growth Opportunities, and Firm Size on Accounting Conservatism. The sample in this study is the main board and development board health sector industrial companies listed on the IDX in 2015-2020 using the purposive sampling method and obtained 10 companies as samples with 60 observational data. The data analysis technique used is multiple linear regression. The results of this study indicate that capital intensity does not have a positive effect on accounting conservatism, debt covenants have a negative effect on accounting conservatism, growth opportunities do not have a positive effect on accounting conservatism and firm size has a positive effect on accounting conservatism.