COUNT: Journal of Accounting, Business and Management
Vol. 1 No. 2 (2023): October: COUNT: Journal of Accounting, Business and Management

THE INFLUENCE OF CURRENT RATIO, DEBT TO EQUITY RATIO, NET PROFIT MARGIN, AND SALES GROWTH ON FINANCIAL DISTRESS CONDITIONS

Nur Aini Tri Amanah (Universitas PGRI Palembang)
Baniady Gennody Pronosokodewo (Universitas PGRI Yogyakarta)
Ratna Pumama Sari (Universitas PGRI Palembang)



Article Info

Publish Date
31 Jul 2023

Abstract

The transportation sector in Indonesia is one of the most important sectors that determines the level of competitive advantage of the Indonesian economy. Companies that experience a decrease in revenue can threaten the survival of the company, resulting in financial distress (financial distress). This study aims to determine the Current Ratio, Debt to Equity Ratio, Net Profit Margin, and Sales Growth in influencing financial distress in transportation companies in Indonesia. This study used a purposive sampling method which produced a sample according to the criteria, namely 12 transportation companies. The analysis used is logistic regression analysis with SPSS statistical tools. The results of the hypothesis test show that the Current Ratio has a significant negative effect on financial distress, while the Debt to Equity Ratio, Net Profit Margin, and Sales Growth have no effect on financial distress.

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Journal Info

Abbrev

count

Publisher

Subject

Economics, Econometrics & Finance

Description

Marketing Management Finance Management Strategic Management Operation Management Human Resource Management E-business Knowledge Management Corporate Governance Management Information System International Business Business Ethics and Sustainability Entrepreneurship Islamic management Islamic Banking ...