KALBISIANA Jurnal Sains, Bisnis dan Teknologi
Vol. 8 No. 4 (2022): Kalbisiana

Pengaruh Likuiditas, Solvabilitas dan Intensitas Modal terhadap Financial Distress dengan Profitabilitas Sebagai Pemoderasi pada Sektor Transportasi

Annisa Sakinah Jaya (Institut Teknologi dan Bisnis Kalbis)
Basuki Toto Rahmanto (Institut Teknologi dan Bisnis Kalbis)



Article Info

Publish Date
02 Dec 2022

Abstract

The purpose of this study was to determine the effect of liquidity, solvency and capital intensity on financial distress with profitability as moderating. Liquidity was measured using the current ratio, solvency was measured using the debt equity ratio, capital intensity was measured using the capital intensity ratio, and financial distress was measured using the Altman Z-score method. The population uses transportation sector companies listed on the IDX in 2016-2020. The technique used in determining the sample is purposive sampling with a total of 155 observational data on transportation sector companies. The analytical technique used in this research is Moderate Regression Analysis (MRA). The hypothesis is accepted if the probability value is 0.05. The results show that: (1) Liquidity has a positive effect on financial distress, (2) Solvency has a negative effect on financial distress, (3) Capital intensity has a negative effect on financial distress, (4) Profitability weakens the influence of liquidity on financial distress, (5) Profitability weakens the effect of solvency on financial distress, (6) Profitability does not moderate the effect of capital intensity on financial distress.

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Journal Info

Abbrev

kalbisiana

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

Description

KALBISIANA Jurnal Sains, Bisnis dan Teknologi adalah jurnal akses terbuka akademik yang bertujuan untuk mempromosikan integrasi sains, bisnis dan teknologi. Fokusnya adalah menerbitkan makalah tentang sains, bisnis dan teknologi. Makalah yang dikirimkan akan ditinjau oleh komite teknis jurnal. Semua ...