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FIRM SIZE DAN PROFITABILITAS DALAM MENENTUKAN FINANCIAL DISTRESS  PADA PERUSAHAAN SUB SEKTOR FOOD AND BEVERAGE YANG TERDAFTAR DI BEI PERIODE 2021 – 2023 Rizki Ainun Fadhila; Sri Suartini; Hari Sulistiyo
E-Jurnal Akuntansi TSM Vol. 6 No. 1 (2026): E-Jurnal Akuntansi TSM
Publisher : Pusat Penelitian dan Pengabdian kepada Masyarakat Sekolah Tinggi Ilmu Ekonomi Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34208/ejatsm.v6i1.3101

Abstract

This study aims to analyze the effect of Firm Size and Profitability (ROA) on Financial Distress in food and beverage companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2023 period. The research employs a quantitative approach using multiple linear regression analysis. The sample consists of 10 companies selected through the purposive sampling method. Financial distress is measured using the Altman Z-Score model. The results indicate that Profitability (ROA) has a positive and significant effect on Financial Distress, while Firm Size shows no significant effect. However, both variables simultaneously have a significant influence on Financial Distress. These findings suggest that profitability plays a dominant role in determining the financial health of food and beverage companies in Indonesia.
Penilaian Performa Keuangan PT. Kalbe Farma Tbk. dengan Metode Du Pont System Reni Rianti Prastiti; Hari Sulistiyo
Jurnal Akuntansi, Keuangan, dan Manajemen Vol 3 No 4 (2022): September
Publisher : Penerbit Goodwood

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/jakman.v3i4.1150

Abstract

Purpose: This study aims to determine how effective PT. Kalbe Farma Tbk manages its financial ratio components. The research focuses on profitability ratios and activity ratios which are part of financial statement analysis using the Du Pont system method on the annual financial statements of PT. Kalbe Farma Tbk. Research methodology: The research was conducted using the databasee of the annual financial statements of PT. Kalbe Farma Tbk in the period 2016 - 2020 with the Du Pont system analysis method. The research method uses quantitative research with descriptive analysis and the data is processed using Microsoft Excel software. Result: The results of this study stated that the financial performance of PT. Kalbe Farma Tbk is still not effective even though the components in its financial statements are always increasing. The company's TATO continues to decline with an average of 1.16 rounds. NPM, ROE, and ROI are still in the process of increasing with an average of 12%, 17%, and 14%, respectively. EM whose condition is not stable with an average of 121%. Limitation: The limitations of this study are that it only uses five-year company financial data, there is no comparison with other companies in the same sector, and only focuses on variables from the Du Pont system analysis method. Contribution:This research is expected to be useful for the purposes of education, further research, and also the wider community.
Co-Authors A.A. Ketut Agung Cahyawan W Adela Wilantari Afifa Nurhanifah Agustin, Restu Putri Alang Buwana Nurfahlefi Mardi Taruna Almas Ghassani, Tifani Andre Hendro Wijaya Angga, Angga Arif Rakhman Aura Diva Azzahra Azizah Fauziyah Chudjuarjeen, Saichol Dadan Ahmad Fadili Dadang Rahman Munandar Dewi Setiawati Dian Agustin, Rahma Dwinanda, Salma Beinina Elga Rani Pangestu Evi Selvy Fauziah Dasuki, Poppy Ghani, Erlane K Gusganda Suria Manda Hadinegoro, Yudistira Setiadi Harfa Sugiharti Hasna Fauzia Hidayat, Rindiani Sofah Hoerunnisa, Najwa Aulia Indrianti, Wahyuni Karina Ruswinda Karina, Riska Komala Dewi Kusuma Dewi Al-Ayyubi, Rizna Liya Megawati Luluah, Desi Ayanah M, Nahruddien Akbar Mabel Rahma, Tarissa Almira Mahpudin, Endang Muslihat, Asep Nanu Hasanuh Narulita, Alyana Novi Fadhila, Alfitri Novian Ekawati Novy Trianthy Noegraha Nurul Amalia Ramdan Pratiwi, Feren Ayu Purba, Roy Octavian Putra, R. Aditya Kristamtomo Putri Pertiwi Putri Yulianti Putri, Errica A Rafidah Kalistyaningrum Rahma Nurul Khoirayanti Ramadhani, Assyfa Reni Rianti Prastiti Reza Abdul Choliq Firdaus Riska Amelia Riska Karina Risma Hasna Fauziyah Rizki Ainun Fadhila Rulyanti Susi Wardhani Ruswinda, Karina Saidah, Hikmatia Salim Siregar Salmaa Alya Audy Rachmani Sutisna Salsabila, Tri Sugiarti Saphira Eka Nurfadhila Saputri, Ani Sherly Herlina Mirta Siallagan, Roberto Pardamean Sindiani Fatimah Siska Widia Obaita Siti Humayah Solihin Sidik Solikin Sidik Sri Suartini Sri Suartini Sri Suhartini Suartini , Sri Subagja, Muhamad Syidik Suhono Suhono, Suhono Suhono, Suhono SULASTRI, EVA MARIA Syahbathie Sabariah Syamsul Huda Tanti Pratiwi Taruna, Alang Buwana Nurfahlefi Mardi Titi Rahmawati Tri Amanda Susilo tri wahyuni Uswatun Hasanah Vina Arnika Amalia Putri Vina Tiara Safitri Wahyuni Indrianti Wisnu Miftahul Faris Wizar Sudira Yuri Ariyanto