JUDICIOUS: Journal of Management
Vol 3 No 1 (2022): Judicious

Pengaruh Profitabilitas, Likuiditas, Leverage, dan Aktivitas dalam Memprediksi Financial Distress

Dendy Arda Pratama (Universitas Muhammadiyah Surakarta)
Erma Setiawati (Universitas Muhammadiyah Surakarta)



Article Info

Publish Date
16 Jul 2022

Abstract

This study aims to obtain empirical evidence of the influence of profitability, liquidity, leverage, and activity in predicting financial distress conditions in industrial sector companies, consumer non-cyclicals, and basic materials listed on the Indonesia Stock Exchange in 2019-2021. The samples used totaled 75 data samples selected using the purposive sampling method. Data analysis techniques use logistic regression analysis with data processing using SPSS version 25.0. The results of the study can be concluded that profitability as measured by return on assets negatively affects the prediction of financial distress. Liquidity as measured by current ratio has no effect on financial distress predictions. Leverage measured by debt to asset ratio has no effect on financial distress predictions. Activity with total asset turnover has no effect on financial distress predictions.

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Journal Info

Abbrev

judicious

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Judicious is a journal published by Neolectura, issued two times in one year. Judicious is a scientific publication media in the form of conceptual paper and field research related to general management scope. It is hoped that Judicious can become a media for academics and researchers to publish ...