Dimensi Utama Teknik Sipil
Vol 7 No 1 (2020): April 2020

A Financial Distress Prediciton on Property, Construction, and Real Estate Companies Listed in BEI

Alberto Orson Ongkowidjojo (Petra Christian University)
Anastasia Njo (Unknown)
Januar Budiman (Unknown)

Article Info

Publish Date
30 Apr 2020


The slowing of economic growth in Indonesia could cause financial distress for companies in property, construction and real estate sectors as these companies has enormous amount of GDP contributions in Indonesia. These difficulties are related to companies being able to accomplish all its responsibilities in short nor long terms. In assessing financial status of a company, discriminant analysis could be of use to see financial ratio such as liquidity ratio, profitability, activity and solvability. This research consists of comparative and sample pulling technique towards 81 population in multiple sectors such as property, construction and real estate. Data collection method by documentation. Discriminant analysis results depicts that liquidity ratio(CA/CL), profitability (EBIT/TA and NI/SALES), activity (SALES/TA), and solvability (BV/TL and TL/EQUITY) could be used to distinguish which company are experiencing financial distress and which are not.

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Journal Info





Civil Engineering, Building, Construction & Architecture


Jurnal Dimensi Utama Teknik Sipil (DUTS) promotes the widest possible dissemination of civil engineering knowledge by encouraging researchers to conduct research, build new or extend existing theoretical foundations, and contribute to practice at the corporate and national level. We aim to improve ...