Journal of Research and Publication Innovation
Vol 2 No 4 (2024): OCTOBER

PENGARUH CURRENT RATIO, RETURN ON ASSETS, DAN DEBT TO EQUITY RATIO TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN SUB SEKTOR KONSTRUKSI NON BANGUNAN YANG TERDAFTAR DI BEI PERIODE 2018 – 2022

Putri, Fitriani Ade (Unknown)
Amelia, Rizka Wahyuni (Unknown)

Article Info

Publish Date
05 Aug 2024

Abstract

This study aims to examine the influence of Current Ratio, Return On Assets, and Debt To Equity Ratio on Financial Distress in Non-Building Construction Sub-Sector Companies listed on the Indonesia Stock Exchange (BEI) during the period 2018-2022. The method used is quantitative. The results of the F-test show that the variables Current Ratio, Return On Assets, and Debt To Equity Ratio collectively have a significant influence on Financial Distress at a significance level of (0.000000 < 0.05). The T-test results indicate that Current Ratio significantly affect Financial Distress with a value of (0.0000 < 0.05). However, the Return On Assets variable shows a p-value of (0.4478 > 0.05), indicating no significant influence on Financial Distress. Similarly, the Debt To Equity Ratio variable shows a p-value of (0.4985 > 0.05), suggesting no significant influence on Financial Distress. The Adjusted R Square of 0.905 indicates that the combined contribution of the variables significantly affects the dependent variable by 90.5%, with the remaining 9.5% influenced by factors outside the scope of this study.

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Journal Info
Journal of Research and Publication Innovation
Website

Abbrev

JORAPI

Publisher

CV. PORTALTECH SOLUTIONS

Subject

Computer Science & IT Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

Description

Journal of Research and Publication Innovation is a multidisciplinary and scientific research journal that publishes research papers, review papers, case reports, case studies, book reviews, theses, dissertation works, etc. Published 4 times a year, every January, April, July and ...