scholarly journals Financial Distress Prediction in Infrastructure, Utilities, and Transportation Sector Companies 2015-2020

2021 ◽  
Vol 25 (3) ◽  
pp. 656-670
Author(s):  
Mashudi Mashudi ◽  
Risdiana Himmati ◽  
Id Fitria Rahayu Ardillah ◽  
Citra Sarasmitha
Keyword(s):  
Financial Distress ◽  
Secondary Data ◽  
Sampling Technique ◽  
Current Ratio ◽  
Return On Equity ◽  
Book Value ◽  
Transportation Sector ◽  
Equity Ratio ◽  
Total Turnover ◽  
Equity Price

This research is based on financial distress or financial distress, which negatively impacts the company, marked by its inability to fulfill its obligations at maturity. This phenomenon can be an early warning related to further problems, and financial distress can be overcome by predicting as early as possible. This prediction is essential for management and company owners to anticipate potential bankruptcy. The formulations in this study include whether inflation affects predicting financial distress in companies in the Infrastructure, Utilities, and Transportation sectors listed on the IDX for the 2015-2020 period. And Whether the financial ratios (Current Ratio, Debt To Equity Ratio, Total Asset Turn Over, Return on Equity, Price Book Value) affects predicting financial distress in Infrastructure, Utilities, and Transportation sector companies listed on the IDX the 2015-2020 period. This study uses a quantitative approach and the type of associative research, and the source data is secondary data with a sample of 10 companies. The sampling technique used purposive sampling. Data processing in this study uses E-Views 9 with Panel Data Regression analysis techniques. This study can conclude that the variables of inflation, current ratio, price-book value, and total turnover significantly affect financial distress in the Infrastructure sector companies: utilities and Transportation. Meanwhile, the debt to equity ratio and return on equity variables did not substantially affect financial distress in the Infrastructure, Utilities, and Transportation sector companies in 2015-2020.DOI: 10.26905/jkdp.v25i3.5858

scholarly journals NILAI PERUSAHAAN: KEBIJAKAN HUTANG, KEBIJAKAN DIVIDEN DAN PROFITABILITAS

2020 ◽  
Vol 1 (01) ◽  
pp. 117-130
Author(s):  
Afif Taftazani ◽  
Eka Suryani
Keyword(s):  
Firm Value ◽  
Quantitative Research ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Coefficient Of Determination ◽  
Dividend Payout ◽  
Return On Equity ◽  
Book Value ◽  
Equity Ratio

This study aims to determine the effect of Debt to Equity Ratio (DER), Dividend Payout Ratio (DPR) and Return on Equity (ROE) on the value of the company or Price to book value (PBV) on the Indonesia Stock Exchange. The type of this research is quantitative research. The Data on this research is secondary data derived by collectin from literature and documentation. The sample in this study is 16 companies which listed on the Indonesia Stock Exchange in the 2012-2017 period. The sampling technique uses a non-probability sampling method. To analyze the data using a panel data regression test with software Eviews 9. The results of the analysis show that a partial debt to equity ratio has a positive and significant impact on firm value (PBV), while dividend payout ratio and return on equity have no significant impact on company value (PBV). The coefficient of determination (R2) is 0.9378 or 93.78%. This shows that 93.78% of the company's value (PBV) is influenced by the debt to equity ratio, dividend payout ratio and return on equity. While the remaining 6.22% of the company's value (PBV) is influenced by other factors. Abstrak Penelitian ini bertujuan untuk mengetahui pengaruh debt to equity ratio (DER), divident payout ratio (DPR) dan  return on equity (ROE)  terhadap nilai perusahaan (Price to book value) (PBV) di Bursa Efek Indonesia. Jenis penelitian yang digunakan dalam penelitian ini adalah penelitian kuantitatif. Data dalam penelitian ini menggunakan data sekunder yang berasal dari kepustakaan dan dokumentasi. Sampel dalam penelitian ini adalah 16 perusahaan yang terdaftar dalam Bursa Efek Indonesia periode 2012-2017. Teknik pengambilan sampel dalam penelitian ini menggunakan metode non probality sampling. Analisis yang digunakan menggunakan uji regresi panel dengan software eviews 9.  Berdasarkan analisis data yang dilakukkan dalam analisis menunjukkan debt to equity  ratio secara parsial berpengaruh secara positif dan signifikan terhadap nilai perusahaan (PBV), sedangkan dividend payout ratio dan return on equity tidak berpengaruh terhadap nilai perusahaan (PBV). Koefisien determinasi (R2) sebesar 0,9378 atau sebesar 93,78%.  Ini menunjukkakn bahwa 93,78%  nilai perusahaan (PBV) dipengaruhi oleh debt to equity ratio, dividend payout ratio dan.  return on equity.  Sedangkan sisanya sebesar 6,22% nilai perusahaan (PBV) dipengaruhi oleh faktor lain

scholarly journals FAKTOR YANG MEMPENGARUHI PRICE TO BOOK VALUE

2019 ◽  
Vol 20 (2) ◽  
pp. 101-106
Author(s):  
MUWAFICK HIDAYAT
Keyword(s):  
Firm Size ◽  
Firm Value ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Current Ratio ◽  
Dividend Payout ◽  
Book Value ◽  
Equity Ratio ◽  
Asset Growth

The purpose of this research is to empirically test and analyze the influence of dividend payout ratio, current ratio, return on asset, firm size, debt to equity ratio and asset growth. The object of this research is food and beverages companies listed in Indonesia Stock Exchange in 2011-2016 period. The sample consisting of 7 companies, was selected by means of the purposive sampling technique. The research data is secondary data obtained from Indonesia Stock Exchange (IDX). The results of this research showed that current ratio, return on asset, firm size, debt to equity ratio influence the firm value, while dividend payout ratio and asset growth have no influence on firm value.

scholarly journals Rasio Keuangan dalam Memprediksi Pertumbuhan Laba Pada Perusahaan Tambang Minyak dan Gas Bumi Yang Terdaftar Di Bursa Efek Indonesia, Periode 2012-2016

2018 ◽  
Vol 2 (1) ◽  
pp. 46-50
Author(s):  
Nenik Mey Yetty ◽  
Prihat Assih ◽  
Gaguk Apriyanto
Keyword(s):  
Linear Regression Analysis ◽  
Secondary Data ◽  
Sampling Technique ◽  
Profit Margin ◽  
Total Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
Net Profit ◽  
Asset Turnover ◽  
Equity Ratio

This study aimed to examine the influence of independent variabel : Current ratio (X1), Debt to Equity Ratio (X2), Total Asset Turnover (X3), Net Profit Margin (X4) and Return on Equity (X5) the Growth Profit (Y) in the period 2012-2016. The research is using secondary data that obtained from Bursa Efek Indonesia (BEI). Sampling technique that used on this research is purposive sampling. The number of samples in this research is about 7 company. Hypothesis testing is done by using multiple linear regression analysis. Result of the research shows that theres positive influence between variabel current ratio, debt to equity ratio, total asset turnover, net profit margin. Return on equity proved no significant effect on against the growth of profit in oil and word gas campany in period 2012-2016.

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

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.

scholarly journals ANALYSIS OF THE EFFECT OF FUNDAMENTAL FACTORS AND ITS IMPLICATIONS ON DIVIDEND PAYOUT RATIO

2020 ◽  
Vol 3 (1) ◽  
pp. 1
Author(s):  
Sawukir Sawukir
Keyword(s):  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Pharmaceutical Companies ◽  
Current Ratio ◽  
Dividend Payout ◽  
Return On Equity ◽  
Regression Methods ◽  
Common Effect ◽  
Equity Ratio

Fundamental factors have a strong influence on Earning Per Share because fundamental factors indicate the company's financial performance. The purpose of this study was to determine the effect of current ratio (CR), return on equity (ROE) and debt to equity ratio (DER) on earnings per share (EPS) and its implications for the dividend payout ratio (DPR) in pharmaceutical companies in the Malaysian stock exchange period 2012 - 2016 partially and simultaneously.The study was conducted using descriptive statistical methods and panel data regression methods. The sampling technique used was purposive sampling with a sample of 40 samples. The research data is secondary data obtained from www.bursamalaysia.com for the period 2012-2016. Testing the research hypothesis using a common effect model with the e-views version 9 application tool.The results in this study show that the Growth of Current Ratio, Return on Equity, Debt to Equity Ratio, Earning Per Share and Dividend Payout Ratio in pharmaceutical companies fluctuate every year. In Partial Current Ratio there is no significant effect on the variable Earning Per Share. In Partial Return On Equity has a significant effect on Earning Per Share. In real terms Debt to Equity Ratio has no significant effect on Earning Per Share. Simultaneously and together the variables Current Ratio, Return On Equity and Debt To Equity Ratio have a significant effect on Earning Per Share. Partially Earning Per Share has a significant effect on Dividend Payout Ratio.

scholarly journals THE ROLE OF RETURN ON EQUITY, DEBT TO EQUITY RATIO AND CURRENT RATIO IN REVEALING THE STOCK PRICES (THIS RESEARCH ON TELECOMMUNICATION SUB SECTOR COMPANIES WHICH HAVE BEEN LISTED ON THE INDONESIA STOCK EXCHANGE 2012-2019)

2021 ◽  
Vol 2 (4) ◽  
pp. 717-727
Author(s):  
Fitri Rasdayanti ◽  
Chaerudin Chaerudin
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Current Ratio ◽  
Return On Equity ◽  
Equity Ratio ◽  
The Impact

This research has purposes to discover and examine the impact which causing from return on equity (ROE), debt to equity ratio (DER) and current ratio (CR) against stock prices in sub-sector telecommunications companies which have been registered on the IDX during period of 2012 - 2019. This research currently uses a quantitative method with sampling technique used was purposive sampling technique during the research period so the samples used were EXCEL, FREN, ISAT and TLKM. The research data used was secondary data through multiple linear regression analysis method. The results had shown that 1) ROE had a positive and significant impact on stock prices; 2) DER had no impact on stock prices; 3) CR had a positive and significant impact on stock prices; and 4) ROE, DER, and CR had simultaneously impact on stock prices.

scholarly journals PENGARUH EARNING PER SHARE, DEBT TO EQUITY RATIO, RETURN ON EQUITY, DAN CURRENT RATIO TERHADAP PRICE TO BOOK VALUE PERUSAHAAN SUB SEKTOR ADVERTISING PRINTING MEDIA YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2014-2017

2020 ◽  
Vol 8 (2) ◽  
pp. 221
Author(s):  
Mutiara Via Maudy ◽  
Deny Ismanto
Keyword(s):  
Quantitative Research ◽  
Stock Exchange ◽  
Sample Selection ◽  
Sampling Technique ◽  
Analysis Tool ◽  
Current Ratio ◽  
Return On Equity ◽  
Book Value ◽  
Media Companies ◽  
Equity Ratio

This study aims to examine the effect of Earning Per Share, Debt To Equity Ratio, Return On Equity and Current Ratio to Price to Book Value on advertising printing  media  companies listed on the Indonesia Stock Exchange for the period 2014-2017. This  research  is  descriptive  quantitative  research.  The  research  population  is  all advertising printing  media  companies listed on the Indonesia Stock Exchange for the period 2014-2017 with a total of 15 companies. The sample selection was determined by purposive sampling technique with the criteria of the stock being sampled were the companies that published theirfinancial statements during the consecutive research year, so that samples are  12 companies were obtained. This study uses a statistical panel data regression analysis tool. The results of the study using Earning Per Share, Debt To Equity Ratio, Return On Equity and Current Ratio to Price to Book Value have results, the Debt To Equity Ratio variable affects the dependent variable Price to Book Value, while the other independent variables have no effect, that is; Earning Per Share, Return On Equity and Current Ratio. With the value of R Squared of 66.5% which explains the large influence on Price to Book Value.

scholarly journals PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, DAN RETURN ON EQUITY TERHADAP FINANCIAL DISTRESS

2021 ◽  
Vol 20 (2) ◽  
pp. 81-90
Author(s):  
Chairani Nurhamidah ◽  
Kosasih
Keyword(s):  
Financial Distress ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Manufacturing Companies ◽  
Analysis Method ◽  
Current Ratio ◽  
Chi Square ◽  
Return On Equity ◽  
Insignificant Effect ◽  
Equity Ratio

Financial distress is a situation where the company is unable to pay off its debts. This research uses purposive sampling technique. The data analysis method used is logistic regression analysis. The data were processed using SPSS 25 software. The results of this study indicate that: (1) Current ratio has a negative and significant effect on financial distress in textile and garment sub-sector manufacturing companies listed on the Indonesian stock exchange with a coefficient value of -5.661 and a significance value of 0.047 < 0.05. (2) Debt to equity ratio has a negative and insignificant effect on financial distress in textile and garment sub-sector manufacturing companies listed on the Indonesian stock exchange with a coefficient value of -0.008 and a significance value of 0.984 > 0.05. (3) Return on Equity has a negative and insignificant effect on financial distress in textile and garment sub-sector manufacturing companies listed on the Indonesian Stock Exchange with a coefficient value of -2.796 and a significance value of 0.605 > 0.05. (4) Current Ratio, Debt To Equity Ratio, and Return On Equity simultaneously affect financial distress in textile and garment sub-sector manufacturing companies listed on the Indonesian stock exchange with a chi-square value of 23.863 and a significant value of 0.000 <0.05.

scholarly journals Analysis of Financial Ratio to Predict Financial Distress in the Sub Sector of Plantation Company on Indonesia Stock Exchange Period 2010-2018

2021 ◽  
Vol 8 (1) ◽  
pp. 36-47
Author(s):  
Rosmei Yunita Sibarani ◽  
Nisrul Irawati ◽  
Iskandar Muda
Keyword(s):  
Financial Distress ◽  
Stock Exchange ◽  
Commodity Prices ◽  
Secondary Data ◽  
Current Ratio ◽  
Return On Equity ◽  
Financial Ratio ◽  
Research Population ◽  
Equity Ratio ◽  
The Impact

The decline of crude palm oil commodity prices and world demand in 2014 to 2016 lead to decline the capability of plantation companies performance. This is apparent from the declining sales capacity, increase of operating expenses, and inventory expenses and the impact is declining financial performance such as net profit. If this is allowed continuously then the consequences are the plantation sub sector companies possibly can get into the financial distress condition. This research aims to predict the level of financial distress condition and to know the relationship significance using Return On Asset (ROA), Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), Current Liabilities to Assets Ratio (CLAR) and Debt to Equity Ratio (DER). The research population was plantation sub sector companies listed in Indonesia Stock Exchange. Researcher using purposive sampling in order to obtain a sample of 10 companies. This research uses secondary data from annual financial report of plantation sub sector companies in Indonesia Stock Exchange. Data were tested using logistic regression to explain the influence between these variables. The results of this research indicate that the Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), and Debt to Equity Ratio (DER) did not significantly influence financial distress while Return On Asset (ROA), Current Liabilities to Assets Ratio (CLAR) significantly influence financial distress. Keywords: Return On Asset (ROA), Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), Current Liabilities to Assets Ratio (CLAR) dan Debt to Equity Ratio (DER) and financial distress.

PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN LQ45 PERIODE 2013-2017

2019 ◽  
Vol 5 (1) ◽  
pp. 1-17
Author(s):  
Nuri Maulana Ikhsan ◽  
Yohanes Rully Dermawan
Keyword(s):  
Stock Prices ◽  
Share Price ◽  
Financial Ratios ◽  
Total Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
Book Value ◽  
Earnings Per Share ◽  
Asset Turnover ◽  
Equity Ratio

This study aims to determine the effect of financial ratios on stock prices. Financial ratios used in this study is the Current Ratio, Debt to Equity Ratio, Return On Equity, Total Asset Turnover, Earning Per Share, and Price to Book Value. The type of research used is quantitative to observe the effect of financial ratios on stock prices. This study used a purposive sampling method with a total sample of 20 companies registered in the LQ45 index for the period 2013-2017 and fulfilling the research criteria. The statistical method used is multiple linear regression analysis The results of this study indicate that partially, the variable debt to equity ratio, return on equity, total asset turnover, earnings per share, and price to book value have a significant partial effect on stock prices, while the current ratio variable does not have a partial significant effect on stock prices. Simultaneously the current ratio variable, debt to equity ratio, return on equity, total asset turnover, earnings per share, and price to book value have a significant simultaneous effect on stock prices. And the most dominant influential variable is earnings per share. Keywords:  Current Ratio, Debt to Equity Ratio, Return On Equity, Total Asset Turnover, Earning Per Share, Price to Book Value, and Stock Price.  

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