E-Jurnal Manajemen Universitas Udayana
Vol 7 No 11 (2018)

PREDIKSI KONDISI KEUANGAN PADA PERUSAHAAN SEKTOR PERTAMBANGAN DI BURSA EFEK INDONESIA

Ni Kadek Tina Rasminiati (Unknown)
Luh Gede Sri Artini (Unknown)



Article Info

Publish Date
03 Nov 2018

Abstract

Financial condition is a condition that shows the level of company health. Financial condition is mesuared by looking at companies experiencing financial distress and non-financial distress. The purpose of this study is to determine the effect of current asset turnover, total asset turnover, days sales in receivables, cash flow to total debt, and debt to asset to financial distress. This research is conducted at mining sector companies in Indonesia Stock Exchange year 2012-2016. The number of sample comprising 8 companies with categories financial distress and 16 companies with categories nonfinancial distress. Data collection method using non-participant observation method and logistic regression as data analysis technique. The results of this research found that: current asset turnover has negative influence not significantly to financial distress, total asset turnover has a negative influence significantly to financial distress, days sales in receivables has positive influence not significantly to financial distress, cash flow to total debt has negative influence not significantly to financial distress, and debt to asset has positive influence significantly to financial distress. Keywords: financial condition, financial distress, and financial ratio.

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Journal Info

Abbrev

Manajemen

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

E-Jurnal Manajemen (ISSN 2302-8912) aims to serve as a medium of information and exchange of scientific articles between teaching staff, alumni, students, practitioners and observers of science in accounting and business. E-Jurnal Manajemen editor receives scientific articles business strategy and ...