Analysis of Financial Ratios for Predicting Bankruptcy in SMEs Listed on PEFINDO25
This study aims to analyze the Financial Ratio for Predicting Bankruptcy. The sample used in this study are SMEs according PEFINDO25 period 2013 to 2017. The independent variables in this study is liquidity, profitability, debt structure, solvency and activity ratio; and control variables is size an...
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| Format: | Article |
| Language: | English |
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Department of Management, Faculty of Economics and Business, Universitas Surabaya
2020-08-01
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| Series: | Manajemen dan Bisnis |
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| Online Access: | https://www.journalmabis.org/mabis/article/view/466 |
| _version_ | 1797937862891536384 |
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| author | Vitalia Fina Carla Rettobjaan |
| author_facet | Vitalia Fina Carla Rettobjaan |
| author_sort | Vitalia Fina Carla Rettobjaan |
| collection | DOAJ |
| description | This study aims to analyze the Financial Ratio for Predicting Bankruptcy. The sample used in this study are SMEs according PEFINDO25 period 2013 to 2017. The independent variables in this study is liquidity, profitability, debt structure, solvency and activity ratio; and control variables is size and age, as well as the dependent variable is bankruptcy. The amount of sample in this study 32 companies PEFINDO25 by using purposive sampling. The method of data analysis is done by using logistic regression with SPSS version 23. The result of this research showed that liquidity, profitability and age has significant negative effect on bankruptcy. Debt structure has significant positive effect on bankruptcy. While solvency, activity ratio and size does not significantly effect on bankruptcy |
| first_indexed | 2024-04-10T18:50:52Z |
| format | Article |
| id | doaj.art-e9b453b510974cbc8b7ec25d22f0dfcc |
| institution | Directory Open Access Journal |
| issn | 1412-3789 2477-1783 |
| language | English |
| last_indexed | 2024-04-10T18:50:52Z |
| publishDate | 2020-08-01 |
| publisher | Department of Management, Faculty of Economics and Business, Universitas Surabaya |
| record_format | Article |
| series | Manajemen dan Bisnis |
| spelling | doaj.art-e9b453b510974cbc8b7ec25d22f0dfcc2023-02-01T07:29:34ZengDepartment of Management, Faculty of Economics and Business, Universitas SurabayaManajemen dan Bisnis1412-37892477-17832020-08-0119210.24123/jmb.v19i2.466309Analysis of Financial Ratios for Predicting Bankruptcy in SMEs Listed on PEFINDO25Vitalia Fina Carla RettobjaanThis study aims to analyze the Financial Ratio for Predicting Bankruptcy. The sample used in this study are SMEs according PEFINDO25 period 2013 to 2017. The independent variables in this study is liquidity, profitability, debt structure, solvency and activity ratio; and control variables is size and age, as well as the dependent variable is bankruptcy. The amount of sample in this study 32 companies PEFINDO25 by using purposive sampling. The method of data analysis is done by using logistic regression with SPSS version 23. The result of this research showed that liquidity, profitability and age has significant negative effect on bankruptcy. Debt structure has significant positive effect on bankruptcy. While solvency, activity ratio and size does not significantly effect on bankruptcyhttps://www.journalmabis.org/mabis/article/view/466activity ratio, bankruptcy, debt structure, liquidity, profitability and solvency |
| spellingShingle | Vitalia Fina Carla Rettobjaan Analysis of Financial Ratios for Predicting Bankruptcy in SMEs Listed on PEFINDO25 Manajemen dan Bisnis activity ratio, bankruptcy, debt structure, liquidity, profitability and solvency |
| title | Analysis of Financial Ratios for Predicting Bankruptcy in SMEs Listed on PEFINDO25 |
| title_full | Analysis of Financial Ratios for Predicting Bankruptcy in SMEs Listed on PEFINDO25 |
| title_fullStr | Analysis of Financial Ratios for Predicting Bankruptcy in SMEs Listed on PEFINDO25 |
| title_full_unstemmed | Analysis of Financial Ratios for Predicting Bankruptcy in SMEs Listed on PEFINDO25 |
| title_short | Analysis of Financial Ratios for Predicting Bankruptcy in SMEs Listed on PEFINDO25 |
| title_sort | analysis of financial ratios for predicting bankruptcy in smes listed on pefindo25 |
| topic | activity ratio, bankruptcy, debt structure, liquidity, profitability and solvency |
| url | https://www.journalmabis.org/mabis/article/view/466 |
| work_keys_str_mv | AT vitaliafinacarlarettobjaan analysisoffinancialratiosforpredictingbankruptcyinsmeslistedonpefindo25 |