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Journal : Jurnal Paradigma Akuntansi

PENGARUH LIKUIDITAS, PROFITABILITAS, ACTIVITY RATIO, DAN LEVERAGE TERHADAP FINANCIAL DISTRESS Kosasih, Denisa; Widyasari
Jurnal Paradigma Akuntansi Vol. 7 No. 4 (2025): Oktober 2025
Publisher : Fakultas Ekonomi, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jpa.v7i4.34925

Abstract

This research’s purpose is to analyze the impact of liquidity, profitability, activity ratios and leverage on the financial distress (empirical study on energy and industrial sector listed on the Indonesia Stock Exchange period 2017-2021). Purposive sampling was used in this study to collect data. This study's sample included 13 companies over a five-year period. Multiple regression analysis is used in data processing techniques supported by the Eviews 12 program and Microsoft Excel. The results show that profitability and activity ratio have a positive and significant effect on financial distress in energy and industrial sector companies listed on IDX from 2017 to 2021, while liquidity and leverage have no effect on financial distress in energy and industrial sector companies listed on IDX from 2017 to 2021. The study’s implication is that the company must manage the use of asset efficiently in order to earn profits and avoid financial distress.
Co-Authors A. Solicitor Ade Riyana Adika, Dimas Aditya Rahman Yani Afriani Afriliani Afriliani Agrata, Madelyn Agus Riyanto Agus Riyanto Aileena Solicitor Costa Rica El Chidtian Amril, La Ode Angky Wahyu Putranto Anugerah Dany Priyanto Anugerah Dany Priyanto, Anugerah Dany Ardik Ardianto Arifianti, Siti Nefa Aris Sutejo Bayu Wibisono, Aryo Dedi Supriadi Della Angelina Desy Aris Anti Dora Nurcahyani, feby Efendi, Yudi Ekasaputri, Dessy Endang Wuryandini Enggar Mulyajati Febriyanto, Ridho Firmansyah Hana Nadhifa Khalda Hartono, Lies Hasbi Ibrahim, Hasbi Hidayah, Rochma Nur Hilma Erfiani Baroroh Ibrahim, Nurdin Islamudin, M Syaifullah Ivonne Patricia Jihad, Muhammad Jonathan, Michelle Leevia Karimah Amatullah Kosasih, Denisa Kriswesti, Rhematra Kurniawan, Adeline Larasati Putri, Regina Dian M Afifulloh M. Nurman Ardiansyah Mahesti, Dina Maimunah Masitowati, Gatot Megan Asri Humaira Muhammad Encep, Muhammad Muhammad Jihad Nataherwin Nesia Andriana Ni Putu Meri Dewi Pendit Ningsih, Rinanti Noor Miyono Nurdiantini Primayanti Primayanti, Primayanti Purwanto, Farelino Arsyi Vernanda Putri, Alnaya Tarisa R. Siti Pupu Fauziah Rahmadania, Nova Tari Ramadhana, Adji Muhammad Ramadhani, Faiz Rinta Sukma Firdaus, Mei Rudi Hartono Rusi Rusmiati Aliyyah Sigit Wibowo Sigit Wibowo Silfani, Nabila Sri Wahyuni Sri Wahyuni Suhendar, Siti Suryani Syafiqoh, Ummi Syanti Dewi Syaputri , Wuri Teti Estiasih Teti Estiasih Ubaidah Vica Ananta Kusuma Yunisya, Adibah Nurul Yuwanti, Riska Rahma Zainal Abidin Arief