Pengaruh Likuiditas, Leverage, Profitabilitas, dan Ukuran Perusahaan terhadap Financial Distress di Sektor Trade, Service, and Invesment

This study is a quantitative study that aims to determine the effect of the current ratio, debt to asset ratio, return on assets, and firm size on financial distress. Logistic regression method was used to test all relationships between independent variables and dependent variables with nominal/ordinal data scales. The dependent variable in this study is financial distress. The independent variables in this study are liquidity, leverage, profitability and firm size. This study uses secondary data from annual reports of trading, service, and investment companies listed on the Indonesia Stock Exchange from 2016 to 2018. The population used is companies in the trade, services, and investment sectors listed on the Indonesia Stock Exchange (IDX). from 2016 to 2018 with a total of 162 companies selected using purposive sampling technique. The results of hypothesis testing indicate that the current ratio, debt to asset ratio, return on assets, and firm size have no effect on the company's financial distress. From research conducted by researchers, for management to be used as a basis to take corrective actions if there are indications that the company experiencing financial distress. For investors, to be used as a basis in making the right decision to invest in a company.

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The Influence of Liquidity, Leverage, Company Size and Profitability on Financial Distress

International Journal of Business and Social Science Research ◽

10.47742/ijbssr.v2n6p2 ◽

2021 ◽

pp. 11-17

Author(s):

Andi Runis ◽

Dedy Samsul Arifin ◽

Arifuddin Masud ◽

Ummy Kalsum

Keyword(s):

Financial Distress ◽

Panel Data Analysis ◽

Secondary Data ◽

Sampling Technique ◽

Annual Reports ◽

Company Size ◽

Return On Assets ◽

Current Ratio ◽

Financial Reports ◽

Equity Ratio

This study aims to empirically examine the factors that influence Financial Distress in Property and Real Estate Companies. This study was tested with four independent variables, namely Liquidity (Current Ratio), Leverage (Debt Equity Ratio), Firm Size (ln of Total Assets), and Profitability (Return on Assets) using purposive sampling technique the authors chose seventeen companies as samples. This study uses panel data analysis obtained from financial reports and Annual Reports for 5 years. This study uses secondary data with the help of the Eviews 9 application. The results found that the Leverage Variable (Debt Equity Ratio) has a positive and significant influence on Financial Distress while Liquidity (Current Ratio), Company Size (ln of Total Assets), and Profitability Variables (Return). on Assets) has a negative and significant effect on Financial Distress.

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Pengaruh Current Ratio, Debt to Equity Ratio, Return on Assets, Growth dan Firm Size terhadap Kebijakan Dividen: Studi pada Perusahaan yang Tercatat Aktif di BEI yang Membagikan Dividen Periode 2012-2015

Jurnal Akuntansi Maranatha ◽

10.28932/jam.v12i1.2290 ◽

2020 ◽

Vol 12 (1) ◽

pp. 84-98

Author(s):

Mikael Abraham Deswanto Prabowo ◽

Clara Alverina

Keyword(s):

Firm Size ◽

Stock Exchange ◽

Sampling Technique ◽

T Test ◽

Return On Assets ◽

Current Ratio ◽

Dividend Payout ◽

Purposive Sampling ◽

Independent Variables ◽

Equity Ratio

This paper aims to determine the effect of liquidity, solvency, profitability, growth and firm size on the dividend payout ratio. Population and sample are companies that routinely distribute dividends that are listed on the Indonesia Stock Exchange website during the period of 2012 to 2015. To obtain valid research results, the sampling technique used in this study was using purposive sampling technique. The method of analysis is done by using classical testing on five independent variables then F test and t test.

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Pengaruh Cash Ratio, Debt to Equity Ratio, dan Return On Assets Terhadap Return Saham dengan Nilai Tukar sebagai Variabel Moderating Pada Perusahaan Perkebunan yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2014-2018

J-MAS (Jurnal Manajemen dan Sains) ◽

10.33087/jmas.v5i1.149 ◽

2020 ◽

Vol 5 (1) ◽

pp. 57

Author(s):

Yunan Surono ◽

Andrian Hadinata

Keyword(s):

Stock Returns ◽

Stock Exchange ◽

Descriptive Analysis ◽

Secondary Data ◽

Sampling Technique ◽

Return On Assets ◽

Significance Level ◽

Independent Variables ◽

Equity Ratio ◽

The Relationship

The purpose of the research is to analyze the Influence of Cash Ratio, Debt To Equity Ratio and Return On Assets to Stock Return With Exchange Rate as Moderating Variables In Plantation Companies Listed In Indonesia Stock Exchange. This research uses descriptive analysis and statistical analysis methods. data that uses secondary data. This study focuses on the influence of 3 independent variables on the dependent variable by adding moderation variables to determine whether the moderating variable can affect the relationship between the independent variables on the dependent variable. Hypothesis testing in this study uses the F test and t test, with a brief significance level (a) 5%. This data analysis uses SPSS 20 data processing software for Windows. The population of this study is companies engaged in the plantation sector in the Indonesia Stock Exchange period 2014 - 2018, with a purposive sampling technique, obtained 6 companies that have fullfill criteria in this research. The results of this study partially Cash Ratio, Debt to Equity Ratio, and Return On Assets have a significant effect on stock returns, partially Debt to Equity Ratio and Return On Assets have a significant positive effect on stock returns, while Cash Ratio has no significant effect on stock returns. and the value is not able to affect the relationship between independent variable and dependent variable.

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RASIO KEUANGAN DALAM MEMPREDIKSI KEBANGKRUTAN PERUSAHAAN PERTAMBANGAN BATUBARA

Equity ◽

10.34209/.v20i2.622 ◽

2019 ◽

Vol 20 (2) ◽

pp. 31

Author(s):

Eva Lisnawati Sidabalok ◽

Dwi Risma Deviyanti ◽

Yoremia Lestari Ginting

Keyword(s):

Coal Mining ◽

Financial Distress ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Debt Ratio ◽

Return On Assets ◽

Current Ratio ◽

Negative Effect

The purpose of this study was to analyzed how much influence the return on assets (ROA), current ratio (CR), and debt ratio (DR) to the financial distress of coal mining companies listed in Indonesian Stock Exchange the period of 2010 – 2015. This study used secondary data obtained from IDX website with data collection method of purposive sampling then obtained 35 data sample research. Method of data analysis in this research is multiple linear regression analysis. Result of this research is return on assets (ROA) have significant positive effect to financial distress, current ratio (CR) has no positive significant effect on financialdistress, and debt ratio (DR) has a significant negative effect on financial distress of coal mining company. The results of this study obtained R square value of 0.869 which means the company’s financial distress condition can be predicted by using the four independent variabels.

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PENGARUH DEBT TO EQUITY RATIO DAN RETURN ON ASSETS TERHADAP HARGA SAHAM PERUSAHAAN SEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Jurnal Manajemen Bisnis Krisnadwipayana ◽

10.35137/jmbk.v8i2.423 ◽

2020 ◽

Vol 8 (2) ◽

Author(s):

Ayu Puspitaningtyas, SE., MM.

Keyword(s):

Regression Analysis ◽

Data Analysis ◽

Stock Price ◽

Stock Exchange ◽

Secondary Data ◽

Sampling Technique ◽

Return On Assets ◽

Independent Variables ◽

Equity Ratio ◽

Test Result

<em>This study aims to determine the effect of debt to equity ratio and return on assets of stock price on food and beverages sector in Indonesia Stock Exchange. This study used secondary data, with samples 9 food & beverages companies in Indonesia Stock Exchange during the study period 2016-2018. Independent variables in this study are debt to equity ratio and return on assets. This study used purposive sampling technique. The method of data analysis used multiple regression analysis. Based on results of the study, only debt to equity ratio have no significant effect on stock price. Meanwhile, the F test result shows that Debt to Equity Ratio and Return on Assets jointly have effect on stock price.</em>

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Pengaruh Current Ratio, Inventory Turnover dan Debt to Equity terhadap Return on Asset

Jesya (Jurnal Ekonomi & Ekonomi Syariah) ◽

10.36778/jesya.v4i2.457 ◽

2021 ◽

Vol 4 (2) ◽

pp. 974-984

Author(s):

Sindik Widati ◽

Tania Dwi Hartini

Keyword(s):

Stock Exchange ◽

Linear Regression Analysis ◽

Sample Selection ◽

Secondary Data ◽

Sampling Technique ◽

Multiple Linear Regression Analysis ◽

Annual Reports ◽

Current Ratio ◽

Inventory Turnover ◽

Asset Inventory

This study aims to determine the effect of Current Ratio, Inventory Turnover and Debt to Equity on Return on Asset Practice in Property and Real Estate companies listed on the Indonesia Stock Exchange period 2017-2019. The research method used in this study is a quantitative method. The data used are secondary data in the form of financial statements and annual reports. The sampling technique in this study was purposive sampling method in which sample selection was based on certain criteria. The study population used was 64, the research sample of 24 companies. The analysis technique in this study uses multiple linear regression analysis. The analysis shows that Current Ratio do not affect the Return on Asset, Inventory Turnover do not affect the Return on Asset and Debt to Equity do not affect the Return on Asset.

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The Determinant On Earnings Persistence In Automotive Companies In Indonesia

Riset ◽

10.35212/riset.v2i1.37 ◽

2020 ◽

Vol 2 (1) ◽

pp. 252-263

Author(s):

Adibah Yahya ◽

Saepul Hidayat

Keyword(s):

Stock Exchange ◽

Sample Selection ◽

Secondary Data ◽

Financial Ratios ◽

Coefficient Of Determination ◽

Earnings Persistence ◽

Return On Assets ◽

Current Ratio ◽

Independent Variables ◽

Total Debt

The purpose of this study was to determine the effect of the variable Current Ratio, Total Debt To Total Assets, Total Assets Turnover, Return On Assets, on earnings persistence. This study uses secondary data, namely the annual financial statements of automotive companies listed on the Indonesia Stock Exchange in the 2014-2018 period. The sample selection uses a purposive sampling method. The data source is the financial ratios of automotive companies listed on the IDX. Methods of data analysis using the classic assumption test, multiple linear regression, T-test, F-test and the coefficient of determination. The results showed that partial earnings persistence expressed in financial ratios consisting of the Return On Assets (ROA) variable significantly affected earnings persistence, while the Current Ratio (CR), Total Debt To Total Asset (TDTA) and Total Assets Turnover (TATO) has no significant effect on earnings persistence. While the results of the study simultaneously stated in financial ratios consisting of CR, TDTA, TATO, and ROA independent variables stated that together the independent variables had no significant effect on earnings persistence. R Square value of 0.028 can be interpreted that CR, TDTA, TATO and ROA of 2,8% while the remaining 97,2% is influenced by other variables not examined. Keywords: Current Ratio, Total Debt To Total Assets, Total Assets Turnover, Return On Assets, Earnings Persistence

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RASIO KEUANGAN DALAM MEMPREDIKSI KEBANGKRUTAN PERUSAHAAN PERTAMBANGAN BATUBARA

Equity ◽

10.34209/equ.v20i2.622 ◽

2019 ◽

Vol 20 (2) ◽

pp. 31

Author(s):

Eva Lisnawati Sidabalok ◽

Dwi Risma Deviyanti ◽

Yoremia Lestari Ginting

Keyword(s):

Coal Mining ◽

Financial Distress ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Debt Ratio ◽

Return On Assets ◽

Current Ratio ◽

Negative Effect

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Interaksi Debt To Equity Ratio, Current Ratio, Firm Size, Dan Dividend Payout Ratio

Journal of Accounting Science ◽

10.21070/jas.v2i1.1176 ◽

2018 ◽

Vol 2 (1) ◽

pp. 33

Author(s):

Ricky Angga Ariska

Keyword(s):

Linear Regression ◽

Firm Size ◽

Stock Exchange ◽

Secondary Data ◽

Sampling Technique ◽

Current Ratio ◽

Dividend Payout ◽

Financial Report ◽

Simultaneous Effect ◽

Equity Ratio

This research aims to know the effect of debt to equity ratio, current ratio, and firm size on the dividend payout ratio in State Owned Enterprises (BUMN). Secondary data is used in this research, while the sampling technique in is purposive. Criteria for samples are BUMN that is listed in Indonnesian Stock Exchange (BEI) in 2012-2014, having profit during 2012-2014, and having complete financial report during 2012-2014. There are five enterprises that meet these criteria. The researcher used doubled linear regression for the analysis. The results showed that debt to equity ratio, current ratio, and firm size have simultaneous effect on dividend payout ratio. The results also shows that only current ratio has partial effect on the dividend payout ratio. Meanwhile, debt on equity ratio and firm size have no partial effect on dividend payout ratio.

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PENGARUH RASIO KEUANGAN DALAM MEMPREDIKSI POTENSI KEBANGKRUTAN PADA PERUSAHAAN CUSTOMER GOODS YANG TERDAFTAR DI BURSA EFEK INDONESIA

Jurnal Manajemen dan Bisnis ◽

10.54367/jmb.v15i1.100 ◽

2015 ◽

pp. 70-82

Author(s):

Lamria Sagala

Keyword(s):

Capital Market ◽

Financial Distress ◽

Sampling Method ◽

Stock Exchange ◽

Secondary Data ◽

Return On Assets ◽

Current Ratio ◽

Financial Distress Prediction ◽

Distress Prediction ◽

A Company

This study aims to identify and analyze the influence of Current Ratio, Debt To Assets Ratio, Return on Assets, and Earning Per Share partially or simultaneously to the prediction of financial distress on customer goods companies listed in Indonesia Stock Exchange.The population in this study is a company customer goods listed in Indonesia Stock Exchange in 2010-2012. Of the 36 listed companies, 32 companies selected samples using purposive sampling method. The data used in this research is secondary data, to gather the information needed from www.idx.co.id and Indonesian Capital Market Directory (ICMD). This study analyzed using logistic regression analysis. The conclusion that can be drawn from this study is that the Current Ratio, Debt To Assets Ratio, Return on Assets, and earning per share has an influence on the prediction of financial distress. While only partially Debt To Assets Ratio which has a significant influence on the prediction of financial distress while the three other independentvariables have no effect on financial distress prediction.

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