scholarly journals The influence of financial ratios and companies size to predict conditions of financial distress: researches on companies listed on indonesian stock exchange for the period 2013-2017

2021 ◽  
Vol 6 (1) ◽  
pp. 27
Author(s):  
Dahlia Dahlia
Keyword(s):  
Financial Distress ◽  
Stock Exchange ◽  
Regression Testing ◽  
T Test ◽  
Company Size ◽  
Current Ratio ◽  
Natural Logarithm ◽  
Equity Ratio ◽  
Turn Over ◽  
Research Period

This research aims to determine the condition of financial distress by using the Indicator Current ratio, Debt to Equity ratio, Total Assets Turn Over and company size (SIZE) measured in the natural logarithm of Total Assets.The research period was 2013-2017 by dividing 2 groups of companies, namely between companies that suffered losses and companies that did not suffer losses. Data analysis, with Descriptive, Logistic Regression testing and Independent Sample T test. The results of the research obtained that the hypothesis for Current ratio and SIZE does not match the results; Total Assets Turn Over affects bankruptcy and Debt to equity ratio has no effect on bankruptcy.From the different tests obtained results there are significant differences between the group of companies in financial distress conditions and companies that are safe.Keywords: financial distress, current ratio, debt to equity ratio, total asset turn over, size, different test T test 

Pengaruh Ukuran Perusahaan, Debt to Equity Ratio, Return on Equity, Produktivitas dan Current Ratio Terhadap Peringkat Obligasi

2014 ◽  
Vol 6 (2) ◽  
pp. 56-76 ◽  
Author(s):  
Martinus Martinus ◽  
Rosita Suryaningsih
Keyword(s):  
Financial Institution ◽  
Stock Exchange ◽  
Total Sample ◽  
Total Asset ◽  
Company Size ◽  
Current Ratio ◽  
Bond Rating ◽  
Return On Equity ◽  
Equity Ratio ◽  
Turn Over

The objectives of this research is to examine the effect of Company Size proxied by Total Asset, Debt to Equity Ratio (DER), Return On Equity (ROE), Productivity proxied by Total Asset Turn Over (TATO), and Current Ratio (CR) both partially and simultaneously towards Bond Rating. Bond rating is important to be considered by investors and creditors since it can indicate the company’s default risk. The objects of this study are financial institution which were entire financial companies that issuing bonds and rated by PT PEFINDO for 2012, 2013, and 2014, and listed at the Indonesia Stock Exchange periode 2011-2013. Total sample in this research are 18 companies that selected with purposive sampling and analyzed by using multiple regression method. The data used in this study are secondary data such as financial statements and list of bond rating PT PEFINDO. The result of this research indicates that (1) Company Size proxied by Total Asset had a significant affect towards bond rating (2) Debt to Equity Ratio (DER) had no effect towards bond rating (3) Return On Equity (ROE) had no effect towards bond rating (4) Productivity proxied by Total Asset Turn Over (TATO) had no effect towards bond rating (5) Current Ratio (CR) had no effect towards bond rating (6) Company Size, Debt to Equity Ratio (DER), Return On Equity (ROE), Productivity, and Current Ratio (CR) simultaneously have a significant effect towards Bond Rating. Keywords: Company Size, Debt to Equity Ratio (DER), Return On Equity (ROE), Productivity, Current Ratio (CR), Bond Rating

scholarly journals Pengaruh Faktor Fundamental Pada Nilai Perusahaan Manufaktur Sektor Basic Industry And Chemical Di Bursa Efek Indonesa

2016 ◽  
Vol 2 (3) ◽  
pp. 244-251
Author(s):  
Rosnita Novalia ◽  
Aljufri Aljufri
Keyword(s):  
Size Effect ◽  
Firm Value ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Total Asset ◽  
Company Size ◽  
Current Ratio ◽  
Basic Industry ◽  
Equity Ratio ◽  
Turn Over

This study aims to determine the influence of fundamental factors (EPS, DER, CR, TATO and size of the Company) on the value of the manufacturing company Basic Industry and Chemicals sector in Indonesia Stock Exchange 2011-2014 period. The population in this study are all companies Manufacturing Basic Industry and Chemicals sectors listed on the Stock Exchange the period 2011 to 2014, amounting to 63 companies While the sample was determined by purposive sampling method in order to obtain as many as 29 companies sampled. The analytical method used is multiple linear regression analysis with SPSS 17.00. Before the data were analyzed, performed classical assumption of the data. Statistical tests showed that (1) Taken together variable EPS, DER, CR, TATO, and company size effect on firm value (PBV) (2) Earning Per Share (EPS) effect on firm value (3) Debt to Equity ratio (DER) effect on firm value (4) Current ratio (CR) effect on the value of the company (5) Total Asset Turn Over (TATO) effect on the value of the company (6) the size effect on the company's corporate value. Keywords: Fundamentals, Earnings Per Share, Debt to Equity Ratio, Current Ratio, Total Asset Turn Over, Company Size, Price to Book Value, Value Company

scholarly journals Pengaruh Current Ratio, Debt To Equity Ratio, Dan Return On Equity Terhadap Financial Distress

2021 ◽  
Vol 4 (2) ◽  
pp. 591-600
Author(s):  
Dipta Adytia Nugraha ◽  
Nursito Nursito
Keyword(s):  
Financial Distress ◽  
Research Method ◽  
Quantitative Method ◽  
Stock Exchange ◽  
T Test ◽  
Current Ratio ◽  
F Test ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Equity Ratio

This study aims to examine the effect of CR, DER and ROE on Financial Distress in the Automotive and Components subsector companies listed on the Indonesia Stock Exchange for the period 2015-2019. Sampling using purposive sampling and found 8 companies that meet the criteria of 13 companies as a sample. So that the sample studied was 40 data for 5 years. This research method uses the quantitative method of descriptive and verification approaches. Based on the results of tests conducted using SPSS it can be concluded with the T test, and the F Test that is CR and DER does not affect Financial Distress, while ROE affects Financial Distress. with the results of simultaneous research that CR, DER and ROE affect Financial Distress. and the Determination Coefficient study in this study also found that CR, DER and ROE together can explain Financial Distress of 27.7% and there are still 72.3% of other factors that influence Financial Distress. Keywords: CR, DER, ROE, Financial Distress

PENGARUH RASIO KEUANGAN TERHADAP PENCAPAIAN LABA PERUSAHAAN KELOMPOK INDUSTRI MAKANAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

2016 ◽  
Vol 4 (1) ◽  
Author(s):  
Akhmad Sodiqin
Keyword(s):  
Stock Exchange ◽  
Fixed Effect ◽  
Current Ratio ◽  
Return On Equity ◽  
Leverage Ratio ◽  
Food Industries ◽  
Equity Ratio ◽  
Turn Over

The aims of this research are to know influence of finacial ratios which consisted of Current ratio, Debt equity ratio, Leverage ratio, Inventory turn over, and total assets turn over to return on equity simultanously and to know influence of finacial ratios which consisted of Current ratio, Debt equity ratio, Leverage ratio, Inventory turn over, and total assets turn over to return on equity partially. Data was analyzed used fixed effect model.Data which collected for 3 years from 2011 until 2013 comes 8 firms in food industries listed in Indonesian Stock Exchange (IDX). Based on data analyzed was known that finacial ratios which consisted of Current ratio, Debt equity ratio, Leverage ratio, Inventory turn over, and total assets turn over to didn’t influence to return on equity simultanously and finacial ratios which consisted of Current ratio, Leverage ratio, Inventory turn over, and total assets turn over didn’t inluence to return on equity partially but debt equity ratio influence significantly to return on equity.

DAMPAK VARIABEL KEUANGAN TERHADAP PENCAPAIAN KEUNTUNGAN PERUSAHAAN KELOMPOK INDUSTRI KONSTRUKSI DI BURSA EFEK JAKARTA

2019 ◽  
Vol 7 (2) ◽  
Author(s):  
Akhmad Sodiqin
Keyword(s):  
Regression Analysis ◽  
Construction Industry ◽  
Stock Exchange ◽  
T Test ◽  
Current Ratio ◽  
Return On Equity ◽  
Industry Group ◽  
Financial Variables ◽  
Equity Ratio ◽  
Ratio Variables

<em>This study aims to determine the effect of financial variables, namely the current ratio and debt to equity ratio of companies in the construction industry group listed on the Indonesia stock exchange either partially or simultaneously. The data used includes construction industry group companies. Data were analyzed using regression analysis using the   F-test and t test. Based on the results of the analysis it is known that the current ratio variables and the debt to equity ratio affect the return on equity variable in the construction industry stocks on the Indonesia stock exchange. Partially the current variable and debt to equity ratio also partially influence</em>.

ANALISIS PENGARUH STRUKTUR MODAL, UKURAN PERUSAHAAN, AGENCY COST, LIKUIDITAS TERHADAP KINERJA PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2015-2019

2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Mia Audina
Keyword(s):  
Capital Structure ◽  
Banking Sector ◽  
Stock Exchange ◽  
Agency Cost ◽  
Statistical Test ◽  
Company Size ◽  
Company Performance ◽  
Current Ratio ◽  
Independent Variables ◽  
Equity Ratio

This study aims to examine the effect of capital structure, firm size, agency cost and liquidity on company performance. Researchers found differences in results between previous studies which are strong reasons why this research is feasible. The sample includes 8 banking sector companies listed on the Indonesia Stock Exchange (BEI) for the period 2015-2019. In this study, capital structure is proxied by using the Debt to Equity Ratio (DER), company size is proxied by using (Size), agency cost is proxied by using Free Cash Flaw (FCF), and liquidity is proxied by the current ratio. The method of analysis in this research is descriptive statistical test, classical assumption test and multiple regression analysis using the SPSS application. The results showed that the independent variables, namely capital structure, agency cost have a positive and significant effect on company performance, while the independent variables, namely company size and liquidity, have a negative and significant effect on company performance. Keywords : Struktur modal,ukuran perusahaan, agency cost, likuiditas, kinerja perusahaan.

scholarly journals ANALISIS PERBEDAAN KINERJA KEUANGAN SEBELUM DAN SESUDAH RIGHT ISSUE (Studi pada Entitas Manufaktur yang Terdaftar di Bursa Efek Indonesia)

2018 ◽  
Vol 6 (1) ◽  
pp. 11
Author(s):  
Syaiful Bahri
Keyword(s):  
T Test ◽  
Profit Margin ◽  
Total Asset ◽  
Debt Ratio ◽  
Current Ratio ◽  
Return On Equity ◽  
Paired Sample ◽  
Net Profit ◽  
Equity Ratio ◽  
Turn Over

Penelitian ini bertujuan untuk mengetahui ada tidaknya perbedaan kinerja keuangan sebelum dan sesudah right issue pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2011-2015. Right issue adalah penawaran saham tambahan di luar saham awal. Periode pengamatan satu tahun sebelum dan satu tahun setelah right issue. Variabel penelitian adalah kinerja keuangan termasuk current ratio (CR), quick ratio (QR), debt ratio (DR), debt to equity ratio (DER), net profit margin (NPM), return on equity (ROE), return on asset (ROA), dan total asset turn over (TATO). Teknik pengambilan sampel menggunakan metode purposive sampling. Sampel mencakup delapan perusahaan yang melakukan right issue dari 2011-2015. Pengujian hipotesis menggunakan metode tes yang berbeda (paired sample t-test). Hasil analisis menggunakan paired sample t-test menunjukkan tiga perbedaan signifikan, yaitu current ratio (CR), debt to equity ratio (DER), dan total asset turn over (TATO) dengan nilai signifikansi current ratio (CR) sebesar 0,006, nilai untuk signifikansi untuk debt equity ratio (DER) sebesar 0,11, dan total nilai signifikansi untuk total asset turn over (TATO) sebesar 0,000 pada tingkat riil (α) = 0,05. Sementara quick ratio (QR), debt ratio (DR), net profit margin (NPM), return on equity (ROE), dan return on asset (ROA), tidak ada perbedaan yang signifikan sebelum dan sesudah right issue. Untuk peneliti berikutnya, dapat menggunakan objek penelitian yang lebih besar untuk hasil penelitian dapat digeneralisasikan, tambahkan periode pengamatan yang lebih spesifik, dan tambahkan variabel penelitian.

scholarly journals ANALISIS PENGARUH RASIO KEUANGAN TERHADAP RETURN SAHAM PADA PERUSAHAAN CONSUMER GOODS YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2012-2014

2020 ◽  
Vol 6 (1) ◽  
pp. 13
Author(s):  
Fitri Amalia Azzahra ◽  
Aftoni Sutanto
Keyword(s):  
Stock Returns ◽  
Consumer Goods ◽  
Stock Return ◽  
Stock Exchange ◽  
T Test ◽  
Test Results ◽  
F Test ◽  
Equity Ratio ◽  
Turn Over ◽  
Test Result

This study is entitled Analysis of the Effect of Financial Financial Ratios on Stock Returns on Consumer Goods Companies Listed on the Indonesia Stock Exchange in 2012-2014. The purpose of this study is to determine whether the variable Current ratio (CR), Debt to Equity Ratio (DER), Earning per Share (EPS), and Total Asset Turn Over (TATO) affect the stock return. The analytical tool used is multiple linear regression, t test, F test, and R2. T test results prove that the CR variable has no effect on stock returns with a probability value of 0.9755, the DER variable has no effect on stock returns with a probability value of 0.9442, the EPS variable has an effect on stock returns with a probability value of 0.0049, and TATO has no effect on stock returns with a probability value of 0.9809. The test results with the F test prove that the variables CR, DER, EPS, and TATO simultaneously have no effect on stock returns with a probability value of 0.050589. The R2 test result, 0.278689, shows that the dependent variable of stock returns can be explained by the independent variables CR, DER, EPS, and TATO by 27.8% while the remaining 72.2% is explained by other variables not examined in this study.

scholarly journals GOING CONCERN AUDIT DETERMINATION IN INDONESIAN AGRICULTURAL SECTOR

2018 ◽  
Vol 1 (2) ◽  
pp. 226
Author(s):  
Mohamad Zulman Hakim
Keyword(s):  
Agricultural Sector ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Company Size ◽  
Current Ratio ◽  
Audit Opinion ◽  
Going Concern ◽  
Negative Effect ◽  
Study Population ◽  
Equity Ratio

The purpose of this research is to know the influence of debt to equity ratio(DER), company size (SIZE), current ratio (CR) and reputation of PublicAccounting Firm (KAP) to going concern audit opinion (GCAO) in agriculturalsector companies listed in Indonesia Stock Exchange period 2012-2016. The study population includes all agricultural sector companies listed in Indonesia Stock Exchange period 2012-2016. The sampling technique used purposive sampling technique with sample of 16 companies and 80 observations. Data analysis method used is panel data logistic regression analysis with using program EViews (Econometric Views) version 9.0. The results showed that the debt to equity ratio (DER) has a positive effect to going concern audit opinion (GCAO), the size of the company (SIZE) has a negative effect to going concern audit opinion (GCAO), current ratio (CR) and reputation of Public Accounting Firm (KAP) doesn’ t affect the going concern audit opinion (GCAO).

ANALISIS PERBANDINGAN KINERJA KEUANGAN PERUSAHAAN SEBELUM DAN SESUDAH MERGER DAN AKUISISI YANG TERDAFTAR DIBURSA EFEK INDONESIA (STUDI PADA PERUSAHAAN PUBLIK TAHUN 2010-2013)

2019 ◽  
pp. 139-160
Author(s):  
Fitriani F. Silaban ◽  
Evelin R.R. Silalahi
Keyword(s):  
Return On Investment ◽  
T Test ◽  
Return On Assets ◽  
Current Ratio ◽  
Return On Equity ◽  
Paired Sample ◽  
Investment Return ◽  
Net Profit ◽  
Equity Ratio ◽  
Turn Over

Penelitian ini bertujuan untuk mengetahui apakah terdapat perbedaan kinerja keuangan perusahaan yang melakukan merger dan akuisisi 2 tahun sebelum dan 2 tahun sesudah merger dan akuisisipada perusahaan publik yang terdaftar di Bursa efek indonesia tahun 2010-2013.Teknik pengambilan sampel yang digunakan adalah purposive sampling dengan jumlah sampel sebanyak 14 perusahaan. Data diperoleh dari Bursa Efek Indonesia tahun 2010-2013. Teknik analisis data yang digunakan adalah uji beda (uji t) dan pengujian hipotesis menggunakan uji Paired Sample T-test dengan tingkat signifikansi sebesar 5%.Berdasarkan hasil penelitian dan uji Paired Sample T-test menunjukkan bahwa tidak terdapat perbedaan kinerja keuangan perusahaan yang melakukan merger dan akuisisi 2 tahun sebelum dan 2 tahun sesudah merger dan akuisisi yang diukur dengan Net Profit Margin, Return on Investment, Return on Equity,Earning Per Share, Total Asset Turn over, Current Ratio, Debt To Equity Ratio, sedangkan pada Return on Assets terdapat perbedaan yang signifikan terhadap kinerja keuangan pada perusahaan publik yang terdaftar di Bursa Efek Indonesia tahun 2010-2013. Hasil penelitian ini disebabkan karena adanya kemungkinan principal yang mengusulkan merger dan akuisisi dilakukan tanpa melakukan pengendalian terhadap kinerja perusahaan yang akan dimerger dan diakuisisi serta kemungkinan agen juga memanfaatkan keputusan ini untuk kepentingan pribadi yang menjadikan kinerja perusahaan tidak optimal sehingga tujuan merger dan akuisisi yang dibuat perusahaan untuk meningkatkan nilai dan kinerja perusahaan tidak tercapai.

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