National Conference on Applied Business, Education & Technology (NCABET)
Vol. 2 No. 1 (2022): The 2nd National Conference on Applied Business, Education & Technology (NCABET

RASIO KEUANGAN YANG MEMPENGARUHI KONDISI FINANCIAL DISTRESS PADA PERUSAHAAN MANUFAKTUR SEKTOR INDUSTRI DASAR DAN KIMIA YANG TERDAFTAR DI BURSA EFEK INDONESIA

Ahnan Kasogi (Universitas Bina Bangsa)
Yuliah Yuliah (Universitas Bina Bangsa)
Ahmad Mukhlis (Universitas Bina Bangsa)

Article Info

Publish Date
31 Oct 2022

Abstract

This study aims to determine the effect of Debt to Asset Ratio (DAR), Current Ratio (CR), Total Assets Turn Over (TATO), and Return On Equity (ROE) on financial distress conditions, either partially or simultaneously. This study uses a quantitative approach with secondary data. Purposive sampling was used to choose the sample for this study, so that 48 companies were obtained from a population of 90 manufacturing enterprises in the basic and chemical industrial sectors listed on the Indonesia Stock Exchange from 2017 to 2021. The analytical technique were using logistic regression with the SPSS version 26 program. The results obtained shows that the Debt to Asset Ratio (DAR) partially has a positive effect on financial distress, while Current Ratio (CR), Total Assets Turn Over (TATO), and Return On Equity (ROE) partially have a negative effect on financial distress. According to simultaneous testing, financial distress circumstances are affected by the Debt to Asset Ratio (DAR), Current Ratio (CR), Total Assets Turn Over (TATO), and Return On Equity (ROE).

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Journal Info
National Conference on Applied Business, Education & Technology (NCABET)
Website

Abbrev

home

Publisher

Universitas Bina Bangsa

Subject

Humanities Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Mathematics Physics Social Sciences Other

Description

National Conference on Applied Business, Education & Technology (NCABET) is a proceeding series that aims to publish proceedings from conferences on the theories and methods in the fields of Business, Education and Technology research. All proceedings in this series are open access, i.e. the ...