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Journal : Media Nusantara

Analisa Korelasi Rasio Arus Kas Dengan Financial Distress (Studi Kasus pada Perusahaan Telekomunikasi di Indonesia) Suharti, Sri
Media Nusantara Vol. 18 No. 1 (2021): April 2021
Publisher : Media Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30999/medinus.v18i1.1230

Abstract

Cash flow ratio analysis is useful for detecting financial distress, which occurs as a result of a company having negative cash flow so that it has difficulty meeting its obligations. This study aims to determine the relationship between cash flow ratios and financial distress in telecommunications companies in Indonesia. Research methodology that was used is descriptive study that utilize a quantitative approach. Sources of data are obtained from secondary data, with data processing methodolgy using the Spearman correlation formula and SPPS version 20.0. The results showed that the cash liability ratio, cash need coverage and asset efficiency ratio, and cash to debt ratio had a positive and significant correlation to financial distress as measured by the interest coverage ratio. This means that when the cash flow ratio increases, the level of financial distress will decrease. The positive cash flow ratio is caused by an increase in company cash receipts, especially from operational activities, which have an impact on increasing the company’s ability to pay its debts.
Co-Authors . Sumiati Adeliza, Muhammad Farhan Hilmy Ahmad Muhammad Ryad Saiful Hakim Alwi, Windawati Amanda, Ridha Aini Andi Tarigan Annitsa Shofiyana Anuraga Jayanegara Apriliana, Tri Wahyu Arief Saepudin Arif Saefudin Asep Abidin Asep Sudarman Asnath Maria Fuah, Asnath Maria Bonitha Gustin Tumanggor Chairrusyuhur Arman Danellie C. Llamas Daulay, Kausar DEWI APRI ASTUTI Dian Novita Didid Diapari Dona Octavia Dwi Margi Suci Dwierra Evvyernie Fibriyanita, Fika Firkani, Rahmatiana Widi Fransisca Natalia Gusri Yanti Hera Dwi Triani Heriyanto Heriyanto Hesti Lestari Tata, Hesti Lestari hudjolly, Hudjolly Husnul Khotimah I Komang Gede Wiryawan I Wayan Susi Dharmawan Idat Galih Permana Ikhsan Qodri Pramartaa Imelda Hutabarat Indah Novita Dewi Infitria, Infitria Irmanida Batubara Karoma, Karoma Khomsah, Ida Yatun Kokom Komalasari Komang G. Wiryawan Komang G. Wiryawan Lilis Khotijah M. Yogi Riyantama Isjoni Mareistia Fassah, Dilla Marliyana Marliyana, Marliyana Mawar Mawar Meti Ekayani Mulyadi Eko Purnomo, Mulyadi Eko Nahrowi Nahrowi Nanda Nadhifa Nuraini Nani Purwati Natsir Sandiah Noor, Riska Aulia Nur Hayati Nur Rochmah Kumalasari Nurani, Rahmawati Dian Nurheni Wijayanto Panca Dewi Manu Hara Karti Pangesti, Dimas Ning PRASETYAWATI, C. ANDRIYANI Putri, Dini Andani Rachmat, Henti Hendalastuti Rahmita Yulia Andini Rakhmad Perkasa Harahap Ramadhani, Rizka Ramadhita, Airana Nafira Retno Budi Lestari Rosmalia, Annisa Rudi Priyanto Sakti, Tri Yuda Shofiah, Maya Sinta Agustina Sri Kiswati Sri Wilarso Budi Sunardi Sunardi Suryahadi (Suryahadi) Syamsiyah, Dzorifatus Vishara Sekar Fadhilah Windyoningrum, Ayun wulan, Sarinah sri Wulansih Dwi Astuti Yetti Marlida Yuliantoro, Isdomo Yunitasari, Eva Zahra, Windi Al