Article Per Year (5 Year)
p-Index From 2019 - 2024
0.23
P-Index
This Author published in this journals
All Journal Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan
Linda Destya Wahyuni
Universitas widyatama
Economics, Econometrics & Finance

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Pengaruh profitabilitas, leverage dan likuiditas terhadap financial distress Dede Hertina; Linda Destya Wahyuni; Galih Kharisma Ramadhan
Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan Vol. 4 No. 9 (2022): Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan
Publisher : Departement Of Accounting, Indonesian Cooperative Institute, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (249.688 KB) | DOI: 10.32670/fairvalue.v4i9.1583

Abstract

This study aims to determine the effect of Profitability, Leverage and Liquidity on  Financial Distress in the Property, Real Estate and Building Construction sectors  listed on the Indonesia Stock Exchange in 2014-2018. The indicators tested in this  study are Return on Asset (ROA), Debt to Asset Ratio (DAR), and Current Ratio  (CR) as independent variables and Financial Distress (Springate S-score) as the  dependent variable. The research method used is descriptive and verification  methods. The population in this study were 45 companies in the Property, Real  Estate and Building Construction sector listed on the Indonesia Stock Exchange in  2014-2018. The sampling technique based on  purposive sampling obtained a  sample of 16 companies for 5 years from 2014 to 2018 so that 80 observational  data were obtained. The statistical analysis used in this study is the Panel Data  regression analysis technique at the 5% significance level with the help of the  EViews 9 application.The results show that partially the profitability ratio (ROA)  and liquidity (CR) have a significant positive effect on Financial Distress which is  proxied by theory. Springate S-score while the leverage ratio (DAR) has no effect  on Financial Distress as proxied by the Springate S-score theory. Meanwhile, the  ratio of profitability, leverage and liquidity simultaneously affects the Financial  Distress of the Property, Real Estate and Building Construction sectors listed on  the Indonesia Stock Exchange in 2014-2018. 
Co-Authors Dede Hertina Galih Kharisma Ramadhan