scholarly journals Pengaruh profibiltas, leverage, dan pertumbuhan penjualan perusahaan terhadap kondisi financial distress pada perusahaan property dan real estate di bursa efek Indonesia Tahun 2014-2018

2021 ◽  
Vol 16 (4) ◽  
pp. 739-748
Author(s):  
Mega Sitanggang ◽  
Dani Handayani ◽  
Ike Rukmana Sari
Keyword(s):  
Standard Deviation ◽  
Real Estate ◽  
Financial Distress ◽  
Quantitative Research ◽  
Stock Exchange ◽  
Financial Statement ◽  
Sales Growth ◽  
Study Approach ◽  
Traditional Assumption ◽  
The Impact

The goal of this study, according to the analysis and discussion, is to establish the impact of profitability, leverage, and firm sales growth on financial distress in property and real estate companies listed on the Indonesian stock exchange from 2014 to 2018. Furthermore, this study approach used a sample size of 26 Indonesian public businesses. Financial statement data is derived from yearly financial statements of companies listed on IDX and IDX. Quantitative research is the form of research that was employed to discuss this study. Multiple linear regression tests are used in conjunction with the traditional assumption tests, such as normality, multicollinearity, autocorrelation, heteroscedasticity, T, F, and coefficient tests (R2). The following are the outcomes of this study's numerous testing methods: Profitability has a minimum of 0.00 and a high of 1.25, with a mean of 0.0973 and a standard deviation of 0.18003. The leverage variable has a minimum of 0.07 and a maximum of 11.43, with a mean of 0.9588 and a standard deviation of 1.21862. Sales Growth has a minimum of -1.03 and a high of 0.95, with a mean of -1.14581 and a standard deviation of 1.14581. Financial Distress has a minimum value of 0.44, a highest value of 2.08, a mean of 2.6623, and a standard deviation of 1.92402 for the variable.

scholarly journals Determinants of Capital Structure Using Profitability as Moderating in Indonesia’s Property and Real Estate Firms

2021 ◽  
Vol 8 (2) ◽  
pp. 73-88
Author(s):  
Cecilia Anggie O. Tamba ◽  
Purwanto Purwanto
Keyword(s):  
Real Estate ◽  
Capital Structure ◽  
Firm Size ◽  
Quantitative Research ◽  
Stock Exchange ◽  
Financial Statement ◽  
Observation Data ◽  
Sales Growth ◽  
Business Risk ◽  
Equity Ratio

The research aim is to examine determinant factors of Indonesia's property and real estate firms capital structure listed in the Indonesia Stock Exchange. This is a quantitative research which taken 72 observation data from 12 companies audited financial statement and fulfilled certain criteria. Processing through classical assumption tests and multivariate analysis with the help of the EViews 10 software instrument. The results show that tangibility assets, business risk, and firm size have a significant influence on capital structure partially, but sales growth and liquidity have insignificant. The determination coefficient is 42.83%  and the proportion is included in the strong criteria. Profitability as a moderating variable weakens the effect of business risk but strengthens the effect of firm size on the debt to equity ratio, further determining the company's ability to pay off its debt which is of great concern to investors and creditors. Furthermore, as a consideration for choosing the composition of a good funding decision in Indonesia.

scholarly journals Analisis Faktor-Faktor yang Mempengaruhi Financial Distress pada Perusahaan Sektor Property, Real Estate, dan Building Construction di Indonesia

2019 ◽  
Vol 5 (2) ◽  
pp. 1411-1422
Author(s):  
Miftahul Fauzy ◽  
Sri Astuti ◽  
Indra Kusumawardhani
Keyword(s):  
Real Estate ◽  
Financial Distress ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Building Construction ◽  
Sales Growth ◽  
Return On Assets ◽  
Analysis Techniques ◽  
Construction Companies ◽  
Asset Turnover

This study aims to determine and test the factors that influence financial distress. The factors in this study are liquidity, profitability, activity, and sales growth. Financial distress is measured using the Springate method. Liquidity is measured using the formula Current Ratio (CR), Return On Assets (ROA) is used to measure profitability, Total Asset Turnover (TAT) is used to measure activity and Sales Growth is measured by sales per year. The population in this study was 73 property, real estate, and building construction companies listed on the Indonesia Stock Exchange in the 2013-2017 period. Based on purposive sampling technique, 18 company samples were obtained that met the criteria for five years of observation with a total of 90 observational data. Data analysis techniques in this study used logistic regression analysis. The results showed that liquidity, profitability, and activities had a significant effect on financial distress, while sales growth had no effect on financial distress in property, real estate, and building construction companies listed on the Indonesia Stock Exchange in the 2013-2017 period.

Faktor-Faktor Yang Mempengaruhi Rasio Keuangan Sebagai Prediktor Dari Kinerja Keuangan Perusahaan

2021 ◽  
Vol 26 (3) ◽  
pp. 433
Author(s):  
Ringke Dirdia, Deci N. Carani, H. S. Lestari
Keyword(s):  
Real Estate ◽  
Financial Performance ◽  
Price Index ◽  
Stock Exchange ◽  
Consumer Price Index ◽  
Sampling Technique ◽  
Company Size ◽  
Sales Growth ◽  
Manufacturing Companies ◽  
The Impact

This study aims to examine the impact of the quick ratio, total assets turnover, leverage, company size, sales growth, and the consumer price index on the financial performance of companies in the property and real estate sub-sector manufacturing companies listed on the Indonesia Stock Exchange during the 2016-2020 period. a total of 39 companies. The sampling technique was purposive sampling method. Data analysis using Eviews 10 software. Regression analysis technique is used to more on the influence of financial factors on the company's financial performance, as a result it can be relied upon to be the basis for conveying suggestions. The results of the analysis share that total assets turnover, leverage, sales growth, and the consumer price index have an impact on financial performance as measured by ROS and ROE. The quick ratio and company size have no effect on the financial performance of the property and real estate sub-sector manufacturing companies listed on the Indonesia Stock Exchange.

scholarly journals Dampak Profitabilitas, Rasio Likuiditas Dan Rasio Leverage Terhadap Financial Distress Pada Perusahaan Jasa Sub Sektor Property Dan Real Estate Di Indonesia

2021 ◽  
Vol 3 (2) ◽  
pp. 119-136
Author(s):  
Yoyo Sudaryo ◽  
Nunung Ayu Sofiat ◽  
Ita Kumaratih ◽  
Astrin Kusumawardani ◽  
Ana Hadiana
Keyword(s):  
Real Estate ◽  
Research Methods ◽  
Financial Distress ◽  
Research Method ◽  
Quantitative Research ◽  
Activity Ratio ◽  
Stock Exchange ◽  
Quantitative Research Methods ◽  
Leverage Ratio ◽  
Average Value

Abstract                Financial distress starts from the company's inability to fulfill its obligations. Companies that have consecutively decreased, the company was in financial distress before the bankruptcy occurred.The purpose of this study was to determine the effect of profitability ratios, activity ratios and leverage ratios on financial distress in property and real estate sub-sector service companies listed on the Indonesia Stock Exchange (BEI).The research method used is a quantitative method with descriptive and verification approaches, quantitative research methods are research methods used to examine a particular population or sample. Descriptive research method is used to determine the value of the independent variable, while verification is used to determine the effect of two or more variables.The results showed the average value of each variable as follows: Financial Distress 4.52, Profitability Ratio 0.07, and Activity Ratio 17.13, Leverage Ratio 52.76. The results of the t test of the Profitability Ratio have an effect on Financial Distress, and the Activity Ratio has no effect on Financial Distress, the Leverage Ratio has an effect on Financial Distress. Based on the results of the f test, it shows that the profitability ratio, activity ratio and leverage ratio simultaneously (together) have a significant effect on financial distress.  Keywords: Profitability Ratio, Activity Ratio, Leverage Ratio, Financial Distress.

scholarly journals Pengaruh Likuiditas, Leverage dan Ukuran Perusahaan terhadap Financial Distress pada Perusahaan Properti dan Perumahan

2020 ◽  
Vol 3 (2) ◽  
pp. 300-310
Author(s):  
Stephanie Stephanie ◽  
Lindawati Lindawati ◽  
Suyanni Suyanni ◽  
Christine Christine ◽  
Efvina Oknesta ◽  
...  
Keyword(s):  
Real Estate ◽  
Financial Distress ◽  
Quantitative Research ◽  
Sampling Method ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Company Size ◽  
Data Types ◽  
Analysis Technique

At present the development of property and housing companies is very rapid. The purpose of this research is to be able to determine the effect of Liquidity, Leverage and Company Size on Financial Distress in Property and Real Estate Companies listed on the Indonesia Stock Exchange Period 2013-2017. The approach used is quantitative research. Researchers use secondary data types and sources. The population of this research is 48 Property and Real Estate Companies listed on the Indonesia Stock Exchange in the period 2013-2017. The sample is 29 Property and Housing Companies listed on the Indonesia Stock Exchange for the period 2013-2017 with 145 observational samples. The sampling technique is a purposive sampling method. Data Analysis Technique used is Logistic Regression. The results of this study are liquidity affecting financial distress in Property and Real Estate companies listed on the Indonesia Stock Exchange. Leverage does not affect financial distress in Property and Real Estate companies listed on the Indonesia Stock Exchange. The size of the company does not affect financial distress in Property and Real Estate companies listed on the Indonesia Stock Exchange. Liquidity, leverage and company size affecting financial distress in Property and Estate companies listed on the Indonesia Stock Exchange. Keywords: Liquidity, Leverage, Company Size and Financial Distress

scholarly journals Faktor-Faktor Yang Mempengaruhi Financial Distress

2021 ◽  
Vol 21 (2) ◽  
pp. 734
Author(s):  
Endriana Winda Wulandari ◽  
Jaeni Jaeni
Keyword(s):  
Cash Flow ◽  
Financial Distress ◽  
Quantitative Research ◽  
Sampling Method ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sales Growth ◽  
Operating Capacity ◽  
Negative Effect ◽  
Operating Cash Flow

This study aims to analyze the influence of operating cash flow, leverage, liquidity, operating capacity, profitability and sales growth on the financial distress of Property and Real Estate companies on the Indonesia Stock Exchange (IDX) 2015-2019. This research is a type of quantitative research using secondary data. The sample in this study obtained as many as 26 companies, in the case of the method used is purposive sampling which is a sampling method by determining the criteria that have been determined. The data analysis method used multiple linear regression. The results of the F test show that operating cash flow, leverage, liquidity, operating capacity, profitability, and sales growth variables simultaneously affect financial distress. However, in testing the hypothesis (t-test) the operating cash flow, operating capacity, profitability and sales growth variables have no effect on financial distress, while the leverage and liquidity variables have a significant and negative effect on financial distress

scholarly journals The Effect of Institutional Ownership and Audit Committee on Audit Quality with Financial Distress as Moderation: On Manufacturing Sector Companies Listed on The Indonesia Stock Exchange Period 2016-2020

2021 ◽  
pp. 1-8
Author(s):  
Mr Jombrik ◽  
Vika Alifta Tamami
Keyword(s):  
Financial Distress ◽  
Quantitative Research ◽  
Audit Committee ◽  
Audit Quality ◽  
Stock Exchange ◽  
Manufacturing Sector ◽  
Secondary Data ◽  
Institutional Ownership ◽  
Manufacturing Companies ◽  
The Impact

This study aims to analyze the effect of institutional ownership and audit committee on audit quality with financial difficulties as a moderation. This research was conducted on Manufacturing Companies in the Consumer and Industrial Goods Sector Listed on the Indonesia Stock Exchange for 2016-2020. The quantitative research method uses secondary data, namely the company's annual report that is the object of research. Analysis of the data used is logistic regression analysis. The results show that the direction of the influence of the institutional ownership variable on audit quality is positive, where institutional ownership has a significant effect on audit quality. Likewise, the direction of the impact of the audit committee on audit quality is positive but does not significantly affect audit quality. The results of the moderation show that Financial Distress can moderate institutional ownership in influencing audit quality. In contrast, after being moderated with the financial distress variable, the audit committee has a negative and significant direction, which means it can moderate the audit committee in influencing audit quality but in the opposite direction.

scholarly journals PENGARUH LIKUIDITAS, LEVERAGE, DAN SALES GROWTH TERHADAPFINANCIAL DISTRESS

2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Hesty Erviani Zulaecha ◽  
Atik Mulvitasari
Keyword(s):  
Data Analysis ◽  
Real Estate ◽  
Financial Distress ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Sales Growth ◽  
Purposive Sampling ◽  
Research Period ◽  
Positive Effect

This study aims to determine the effect of liquidity, leverage, and salesgrowth on partial financial distress on property, real estate and buildingconstruction companies listed on the Indonesia Stock Exchange (IDX).The research period is 3 years in 2015-2017. The population of thisstudy covers all sectors of property, real estate and building constructioncompanies listed on the Indonesia Stock Exchange (BEI) in 2015-2017.The sampling technique uses purposive sampling technique. Based onpredetermined criteria obtained 50 samples of the company. Type ofdata which is secondary data obtained from the site Burssa EfekIndonesia. Data analysis used is regression data panel. The resultsshowed that liquidity had a positive effect on financial distress andnegative leverage on financial distress while sales growth did not affectfinancial distress.

Pengaruh Operating Capacity, Sales Growth, Arus Kas dan Leverage Terhadap Financial Distress

SUSTAINABLE ◽  
2021 ◽  
Vol 1 (2) ◽  
pp. 357
Author(s):  
Siti Noviati Uswatun Khasanah ◽  
Fatmasari Sukesti ◽  
Nurcahyono Nurcahyono
Keyword(s):  
Cash Flow ◽  
Financial Distress ◽  
Quantitative Research ◽  
Sampling Method ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Sales Growth ◽  
Operating Capacity ◽  
Positive Effect ◽  
Selection Of

This research was conducted the empirically prove the factors that influence Financial Distress by using the variables operating capacity, sales growth, cash flow, and leverage in transportation companies listed on the Indonesia Stock Exchange in 2015–2020. This type of research is quantitative research with sampling technique using purposive sampling method, namely the selection of samples with criteria determined by the researcher. The method used in this study uses multiple linear regression with the help of the SPSS version 25 program. The results in this study indicate that operating capacity has a positive effect on financial distress, which means that a low operating capacity value will cause financial distress. Sales growth and cash flow do not effect financial distress, which means the size of the value of sales growth and cash flow does not affect the occurrence of financial distress. Leverage has a positive effect on financial distress, which means that the high value of debt will cause financial distress.

PENGARUH RASIO LIKUIDITAS, LEVERAGE, DAN SALES GROWTH TRHADAP FINANCIAL DISTRESS PADA PERUSAHAAN PROPERTY DAN REAL ESTATE YANG TERDAFTAR DI BEI

2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Irma Susanti
Keyword(s):  
Logistic Regression ◽  
Regression Analysis ◽  
Real Estate ◽  
Financial Distress ◽  
Sampling Method ◽  
Stock Exchange ◽  
Sales Growth ◽  
Insignificant Effect ◽  
Financial Conditions ◽  
Analysis Technique

Financial distress is a stage of decline in financial conditions that occurs before bankruptcy occurs. This study aims to examine the effect of liquidity, leverage, and sales growth on financial distress in property and real estate companies listed on the Indonesia Stock Exchange (IDX). The population in this study were all property and real estate companies listed on the Indonesia Stock Exchange for the period 2015-2019. The sample was selected based on the purposive sampling method, in order to obtain a sample of 24 companies. The data analysis technique used is logistic regression analysis, with data processing using the SPSS program. The results showed that (1) liquidity as measured by (CR) had a positive and insignificant effect on financial distress; (2) leverage as measured by (DER) has a negative and insignificant effect on financial distress; and (3) Sales Growth as measured by (GROWTH) has a positive and insignificant effect on financial distress. Keyword: Liquiditys, Leverae, Sales Growth, Financial Distress

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