The Financial Ratio Analysis in Predicting the Conditions of Financial Distress
Financial distress is a stage of decline in a company's financial condition that occurs before bankruptcy or liquidation. The Indicators of financial distress from results of the test scores using financial ratios, financial ratios are figures obtained from results comparisons between one fina...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Bandung: Prodi Manajemen FE Universitas Langlangbuana
2021-08-01
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| Series: | Almana: Jurnal Manajemen dan Bisnis |
| Subjects: | |
| Online Access: | http://journalfeb.unla.ac.id/index.php/almana/article/view/1604 |
| _version_ | 1797422430317182976 |
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| author | Meilinda Dwi Astuti Sri Hermuningsih Alfiatul Maulida |
| author_facet | Meilinda Dwi Astuti Sri Hermuningsih Alfiatul Maulida |
| author_sort | Meilinda Dwi Astuti |
| collection | DOAJ |
| description |
Financial distress is a stage of decline in a company's financial condition that occurs before bankruptcy or liquidation. The Indicators of financial distress from results of the test scores using financial ratios, financial ratios are figures obtained from results comparisons between one financial statement item and another that have a relevant and significant relationship. The purpose of this study is to examine the effect of financial ratios to predict financial distress on manufacturing companies in Indonesia Stock Exchange. The research population was all manufacturing companies listed on the Indonesia stock exchange, period 2015-2019. The research sample used the purposive sampling technique. The data analysis method used logistic regression analysis. The results showed liquidity, leverage, and activity profitability, respectively simultaneously affect financial distress. Partially profitability has a positive effect on financial distress. Liquidity, leverage, and activity have negatively affected financial distress in manufacturing companies listed on IDX from 2015 to 2019.
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| first_indexed | 2024-03-09T07:32:11Z |
| format | Article |
| id | doaj.art-5a810cb391b54290a62fa19ca2e172cd |
| institution | Directory Open Access Journal |
| issn | 2579-4892 2655-8327 |
| language | English |
| last_indexed | 2024-03-09T07:32:11Z |
| publishDate | 2021-08-01 |
| publisher | Bandung: Prodi Manajemen FE Universitas Langlangbuana |
| record_format | Article |
| series | Almana: Jurnal Manajemen dan Bisnis |
| spelling | doaj.art-5a810cb391b54290a62fa19ca2e172cd2023-12-03T06:05:32ZengBandung: Prodi Manajemen FE Universitas LanglangbuanaAlmana: Jurnal Manajemen dan Bisnis2579-48922655-83272021-08-015210.36555/almana.v5i2.1604The Financial Ratio Analysis in Predicting the Conditions of Financial DistressMeilinda Dwi Astuti0Sri Hermuningsih1Alfiatul Maulida2Universitas Sarjanawiyata Tamansiswa, IndonesiaUniversitas Sarjanawiyata Tamansiswa, IndonesiaUniversitas Sarjanawiyata Tamansiswa, Indonesia Financial distress is a stage of decline in a company's financial condition that occurs before bankruptcy or liquidation. The Indicators of financial distress from results of the test scores using financial ratios, financial ratios are figures obtained from results comparisons between one financial statement item and another that have a relevant and significant relationship. The purpose of this study is to examine the effect of financial ratios to predict financial distress on manufacturing companies in Indonesia Stock Exchange. The research population was all manufacturing companies listed on the Indonesia stock exchange, period 2015-2019. The research sample used the purposive sampling technique. The data analysis method used logistic regression analysis. The results showed liquidity, leverage, and activity profitability, respectively simultaneously affect financial distress. Partially profitability has a positive effect on financial distress. Liquidity, leverage, and activity have negatively affected financial distress in manufacturing companies listed on IDX from 2015 to 2019. http://journalfeb.unla.ac.id/index.php/almana/article/view/1604ActivityFinancial DistressLeverageLiquidityProfitability |
| spellingShingle | Meilinda Dwi Astuti Sri Hermuningsih Alfiatul Maulida The Financial Ratio Analysis in Predicting the Conditions of Financial Distress Almana: Jurnal Manajemen dan Bisnis Activity Financial Distress Leverage Liquidity Profitability |
| title | The Financial Ratio Analysis in Predicting the Conditions of Financial Distress |
| title_full | The Financial Ratio Analysis in Predicting the Conditions of Financial Distress |
| title_fullStr | The Financial Ratio Analysis in Predicting the Conditions of Financial Distress |
| title_full_unstemmed | The Financial Ratio Analysis in Predicting the Conditions of Financial Distress |
| title_short | The Financial Ratio Analysis in Predicting the Conditions of Financial Distress |
| title_sort | financial ratio analysis in predicting the conditions of financial distress |
| topic | Activity Financial Distress Leverage Liquidity Profitability |
| url | http://journalfeb.unla.ac.id/index.php/almana/article/view/1604 |
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