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Journal : IIJSE

The Effect of Sales Growth, Free Cash Flow, Operating Capacity, and Liquidity on Financial Distress Astuti, Widia; Hariyanto, Eko; Pramono, Hadi; Inayati, Nur Isna
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 3 (2024): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i3.5455

Abstract

Financial distress describes the condition of the company's financial decline before it went bankrupt. This research aims to test the influence of Sales Growth, Free Cash Flow, Operating Capacity, and Liquidity on Financial Distress in state-owned companies listed on the Indonesia Stock Exchange in 2019-2022. This type of research is a quantitative study with secondary data obtained from the Indonesian Stock Exchange. The sampling method in this study used a purposive sampling method that produced 43 observation samples at state-owned companies in 2019-2022. Tests in this study used multiple linear regression analysis methods with SPSS as a research test tool. Research results show that Sales Growth and operating capacity do not significantly affect financial distribution. Meanwhile, free cash flow and liquidity significantly positively affect financial distribution.
Co-Authors Adawiyah, Robiah Ade Muslimat, Ade Aesah, Siti Agus Setiawan Agus Setyo Pranowo Agustuti, Tri Diani Aguswan Aguswan Aguswan, Aguswan Ahyar, Muhammad Akbar, Nur Faisal Aksan, Azwin Almaida, Ines Amanda, Alvisca Rizkih Amarly, Yusuf Andre Amri, Wilyan Angkat, Puriandari Animah Animah Animah Anita Marwing, Anita Ariani, Ulfatun aringga, Rino dedi Arizki, Aqsol Aryani, Denissa Faradita Asih, Devina Dewi Asni Asni Aspinda, Lili Asyafililha, Raisya Azzahra Audina, Fitra Aurin, Nasyah AW Ayani, M. Husen Ayu Puspitasari, Ayu Ayudia Shanti, Dita Ayun, Ayun Azzam, Rohman Berutu, Aisah Tusyakdiah Buana Basir Budiyana, Muhammad Dipa Pramudita Christianty, Maylani Dahrani, Dahrani Della Nabila, D. Tialurra Devasya Indraswari, I Gusti Ayu Dharmawan, Wahyu Diana Novitasari, Diana Dianne Adha Didit Ardianto Dina, Sarah Djanatunisah, Aat Dwi Eva Nirmagustina Effendi, Handri Amin Eka Eka Eka Eka, Eka Eko Hariyanto eko, ardi Elin Erlina Sasanti Elizabeth Wina Elpinaria Girsang, Elpinaria Eni Indriani Fachrur Rozi Fajri, Chotamul Faryina, Laulia Fikri, Muhammad Ali Fitriyani Fitriyani Fitriyani, Syabrina Furqan, Haflah Gandung, Muhammad Gani, Ilham Gina Fauziah Hadi Pramono Hamzah Hari Wibawati, Fitria Harisandy, Safira Dwiana Harsini Harsini Helza Risdianti Heriansah, Heriansah Imran Lapong Inayati, Nur Isna Indri Noviyanti Indri Rahayu, Indri Indriani Millenia, Hilda Irawati Irawati Jamilah Jamilah Kadriati Karlasemi, easyka Rahmadina Kartomo, Thomas Khoirunnisa, Aziza Kurnia, Aszahra Ayu Lahan Adi Purwanto Lailah, Soimah Latifah, Izza Fitri Lestari, Baiq Anggun Hilendri Lilik Handajani Lisdawati Lisdawati Lismiatun, Lismiatun Lukman Effendy, Lukman Maemun, Siti Mahadika, Alam Mardiah, Aida Marfuah Marfuah Marsella, Chintia Maya Sari Mazaya, Nur Widad Mentari, Mila Mirad, Abdul Mired, Abdul Muhammad Habibi Muhammad Hafizh Muharam, Hari Muhsin, Muh Arief Musyadat, Asep Anwar Musyayaroh, Nawallaili Nabila, Dende Tialurra Della Nabila, Nabila Nasution, Safira Ulya Nila Rahayu Ni’amillah, Ni’amillah Novi Rahmawati Nur Cholid, Nur Nur Wahid, Nur Nurfatulloh, Nurfatulloh Nurjannah N, Nurjannah Nurpeni, Nurpeni Nursabil, Muhammad Sidiq Nurul Amalia Octovian, Reza Okta Karneli, Okta Oktaviani, Desy Oktrima, Bulan Pasaribu, Veta Lidya Delimah Pratiwi, Natasya Ika Pratiwi, Tiara Zakiyah Purwoko, Gatut Dradjad putra, putu adi Putri, Audiska Marshanda Retno Putri, Degisca Zakiya Qurbani, Derita Radiatushalihah, Radiatushalihah Rafel, Hizkia Rahayu, Esti Kusuma Rahayu, Ni Nyoman Saras Tri Rahmat Hidayat Rahmawati, Vivi Ramadanti, Syifa Alifia Ramadhani, Azizka Ramadhani, Nisfi Rangkuti, Mhd Alfin Ratna Sitorus Rayasari, Fitrian Ristiaha, Kiki Ristiaha Robbaniyah, Nur Rusilowati, Umi Rusliadi Ruslihardy Ruslihardy, Ruslihardy Ruzikna Ruzikna Ruzikna, Ruzikna S, Farida Salampessy, Muhammad Sohfy Salsabila, Gadis Adinda Santiawati, Lia Santriaty, Melinda Saparudin, Aprul Saputra, Heri Saputri, Depiana Saputri, Endang Sari Hernawati Sari, Elis Triani SE, Animah Selfiana Saenal Senen Senen Septanti, Rizky Wahyu Septiandy, Muhammad Fichri Septiani, Fauziah Septiani, Shifa Sharoh, Yuni Shofiah, Shofi Sholehah, Imroatus Siti Kholifah, Laili Sofi’i, Imam Solihin, Dede Sri Roserdevi Nasution, Sri Roserdevi Sri Wahyuni Ningsi ST Fatimah Subli, Mohamad Subur, Rahmat Sudarso, Eko Suhaedi, Wirawan Suharyani Suharyani Sulaiman Zuhdi Sulistyaningsih, Utami Sunarsi, Denok Sunarto, Ading Sunaryo Sunaryo Sunaryo, M. Yusuf Supardiono, Dedik Susanti Susanti Syahra, Allica Kitana Syamsudin, Rahmi Andini Syofian Syofian Syofian, Syofian Syukri Tania, Sara Tanjung, Asridah Warni Thaharuddin Thaharuddin, Thaharuddin Thanomutiara, Eka Toto Toharmat Triana Ayu Safitri, Indah Trio Saputra Tubagus Guruh Ramadhan Tuti Herawati Ulina, Barita Ulya, Nur Afina Umiyati, Sri Salsa Utami , Winda Sherly Vega Sawitri, I Gusti Ayu Vinanti Dwi Purnama Wahidah Fitriani Wahidha, Tasya Agustina wahyuni wahyuni Waladina, Faras Wardanah, Jeihan Fitrah Wihartika, Doni Winda Sherly Utami Wulandari, Bunga Ayu Yani Suryana,, Akhmad Yanti, Ni Wayan Ayu Yusvika Yanuarso, Bambang Purnomo Yudhi Zuriah Wirya Purba, Yudhi Zuriah Wirya Yuliana Yuliana Yunitri, Ninik yusnita, nancy Zahrah, Zahrah Zam Zami, Muhammad Riqfi Zamakhsyari, Lutfi