Novanda Nur Huda
Unknown Affiliation

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

Profitabilitas, Leverage, dan Likuiditas Terhadap Financial Distress pada Perusahaan Consumer Goods yang Terdaftar di Bursa Efek Indonesia Periode 2015-2019 Siti Muntahanah; Novanda Nur Huda; Endang Sri Wahyuningsih
J-MAS (Jurnal Manajemen dan Sains) Vol 6, No 2 (2021): Oktober
Publisher : Universitas Batanghari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/jmas.v6i2.277

Abstract

This study is entitled "The Effect of Profitability, Leverage and Liquidity on Financial Distress in Consumer Goods Companies Listed on the Indonesia Stock Exchange". This research aimed to determine the effect simultaneously and partially of profitability, leverage, and liquidity towards financial distress on consumer goods companies listed on the Indonesia Stock Exchange. Samples were obtained based on a purposive sampling technique, and acquired 13 companies. The results obtained from the study are that profitability has a positive and significant effect on financial distress, leverage has a positive and significant effect on financial distress, and liquidity has a negative and significant effect on financial distress.
Faktor-Faktor yang Memengaruhi Financial Distress pada Perusahaan Consumer Goods di Indonesia Dian Safitri P. Koseomasari; Harsuti Harsuti; Novanda Nur Huda
Jurnal Bisnis dan Ekonomi Vol 28 No 2 (2021): Vol. 28 No. 2 EDISI SEPTEMBER 2021
Publisher : Faculty of Economics and Business, Universitas Stikubank

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35315/jbe.v28i2.9278

Abstract

The purpose of this study was to analyze the effect of profitability, leverage and liquidity on financial distress. The difference from previous research is the use of financial distress measurement using interest coverage ratio (ICR) which is simpler than Altman Z-score. ICR measures bankruptcy by assessing the amount of risk a company poses with debt that the company's operating income can bear. The population of this study is consumer goods listed on the Indonesia Stock Exchange amounting to 55 companies. Determination of research samples using purposive sampling and obtained 13 sample companies. The data in this study were tested by multiple regression analysis techniques panel data. Testing is carried out using the common model and has passed the classical assumption test. The findings of this research indicate that profitability and leverage have a significant positive effect on financial distress. Meanwhile, liquidity has a significant negative effect on financial distress.