PENGARUH PROFITABILITAS, LIKUIDITAS, LEVERAGE, RASIO AKTIVITAS DAN PERTUMBUHAN PENJUALAN UNTUK MEMPREDIKSI KONDISI FINANCIAL DISTRESS

  • I Gusti Ayu Prayuningsih Universitas Mahasaraswati Denpasar
  • I Dewa Made Endiana Universitas Mahasaraswati Denpasar
  • I Gusti Ayu Asri Pramesti Universitas Mahasaraswati Denpasar
  • Ni Putu Ayu Mirah Mariati Universitas Mahasaraswati Denpasar
Keywords: Return on Asset, Current Ratio, Debt to asset ratio,Total asset turnover, Sales Growth, Financial Distress

Abstract

This study aims to examine the effect of Return On Asset, Current Ratio, Debt to Asset Ratio, Total Asset Turnover and Sales Growth variable in Financial Distress variable. The sample in this study were 40 companies obtained through purposive sampling method with the research period 2017-2019. The data analysis technique used in this research is logistic regression analysis technique. The results of the analysis show that the Return On Asset and Debt to Asset Ratio have a positive effect on Financial Distress. Meanwhile, Current Ratio, Total Asset Turnover and Sales Growth have no effect on Financial Distress in property, real estate and building construction companies listed on the Indonesia Stock Exchange for the period 2017-2019.

Published
2021-02-28