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Journal : Insight Management Journal

The effect of profitability, liquidity, leverage, and activity on financial distress at PT Waskita Karya (Persero) Tbk Ayatika, Arini; Suryaningprang, Andre; Herlinawati, Erna; Sudaryo, Yoyo; Supiyadi, Dedi
Insight Management Journal Vol. 4 No. 2 (2024): January
Publisher : Forum Kerjasama Pendidikan Tinggi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47065/imj.v4i2.314

Abstract

The aim of this study is to find out how profitability, liquidity, leverage, and activity have a partial and simultaneous effect on financial distress. To collect samples, the researchers used purposive sampling. This research uses secondary data from the triwulan financial report of PT Waskita Karya (Persero) Tbk for the period 2013-2023. The study uses a descriptive and verification approach that includes descriptive tests, classical assumption tests, double linear regression analysis, determination coefficient analysis, and hypothesis testing. The results of the determination factor tests show that profitability, liquidity, leverage, and operational influences 90.20% of financial distress, and 9.80% are influenced by other factors not considered in the study. It can be concluded from the hypothesis test that partially Profitability, Liquidity, and Activity have a positive and significant influence on Financial Distress, while Leverage has a negative and significant effect on Financial distress while simultaneously Profitability, liquidity, Leverage, and Aktivity have an influence upon Financial Distress. Researchers recommend using different research objects and larger samples, not just that for further research it is recommended to use measuring tools that project different financial distress such as using the Springate, Zmijewski, or Grover methods
Co-Authors (Efi), Nunung Ayu Sofiati Abdul Aziz Mubarok, Dadan Abdul Aziz, Dadan Ade Salman Alfarisi Adhima, Rio Fauzan Agung Mohamad Hikmah agung setiawan Aldi Rahman Lazuardi Alfarisi, Ade Salman Ali , Mochammad Mukti Ali, Mochamad Mukti Amanati, Nuzul Ana Hadiana Ana Hadiana, Ana Andi Sukandi Andre Suryaningprang Andre Suyaningprang Andriasan Sudarso Anggono Raras Tirto Sakti Anggraeni, Yulia Dyah Anik Rahayu, Anik Anindya, Sevina Hanisa Aprilliani, Pritta Ardinal Djalil Ardinal Djalil Arie Hendra Saputro Arief Yulianto Arief Yulianto Aris Setiyani, Aris Astrin Kusumawardani Ayatika, Arini Ayu Sofiat, Nunung Ayu Sofiati, Nunung Aziz, Dadan Abdul Budiantara, Jaka Perbawa Cahyono, Yoyok Cellia, Cindy Chaidir, Moehammad Ilham Cokins, Gary Dadan Abdul Azis Mubarok Dadan Abdul Aziz Dadan Abdul Aziz Dadan Abdul Aziz Dadan Abdul Aziz Mubarok Dadan Abdul Aziz Mubarok Dayan Hakim Natigor Dayona Ismail, Gurawan Dayona, Gurawan Dendi Sujatmika Diah Febriyanti Diki Wahyu Nugraha Doni Zaelani Dyah Purnamasari E Landitha Karunia Antika Erna Herlinawati Fanji Wijaya Fany Oktaviani Febrianto Febrianto, Febrianto Febriyanti, Diah Fina Fahrina Fahrunisa Fitri Julianti Fitriani, Epi Ganesha, Dicky Tri Gunawan, Wulandari Gurawan Dayona Ismail Gurawan Dayona Ismail Gurawan Dayona Ismail Gustiawan, Rudi Hakim Natigor Sipahutar, Dayan Hamdani, Deni Hendi Suhendraya Muchtar Hendriawanto, Hendriawanto Hikmah, Agung Mohamad Hisashi, Rendy Mahardhika Icha Sandrina, Icha Sandrina Irving Ignatius Paul Luntungan Ismail, Dr. Gurawan Dayona Ismail, Gurawan Dayona Ita Kumaratih Juanda, Ujang Jumadil Saputra Kaniasari Wulan Dewi Karunia Antika, E Landitha Khairunisya, Hania Khoirunnisa, Asyifa Kingking Muttaqien Kumaratih, Ita Laela, Sri Lazuardi, Aldi Rahman Lenggogeni, Lenggogeni Lili Suryati Listri Herlina Luntungan, Irving Ignatius Paul Luska Lusyana Sari Manasye Arveni Sinamo Manoakh Nenobais Maulani, Magfira Gifani Meilani, Haifa Syafira Mochammad Mukti Ali Mochammad Mukti Ali Mohamad Arfiman Yosep Mohamad Arfiman yosep Mohd Hassan Che Haat Mohd Yusoff Yusliza Mubarok , Dadan Abdul Muhammad Yusuf Mukti Ali, Mochamad Mukti Ali, Mochammad Munjinadir, Hafid Muttaqin , Ridlwan Nandan Limakrisna Naufal, Aldi Nenobais, Manoakh Noviani, Dinda Nunung Ayu Sofiati Nunung Ayu Sofiati (Efi) Nur Sumawidjaja, Riyandi Nur Sumawidjaya, Riyandi Nuraini, Risda Nurlaela, Ika Nurshifa Putri Irawan Nurul Afifah, Rima Omo Permana Omo Permana Palupi Permata Rahmi Permana, Ari Permana, Omo Pertiwi, R. Dewi Pratiwi, Nunur Fitri Pujianto, Gatot Purnamasari, Weny R. Rheina Amalina Iskandar Rama Chandra Jaya Rasti Ristiya Recky Rega, Mochammad Reviana, Raisa Ridlwan Muttaqin Ridwan Ramadhan Rifqi Farisan Akbar Rima Nurul Afifah Rimayani Rimayani Rimayani, Rimayani Riyandi Nur Sumawidjaja Riyandi Nur Sumawidjaja Riyandi Nur Sumawidjaja Riyandi Nur Sumawidjaja Riyandi Nur Sumawidjaya Riyandi Nur Sumawidjaya Rizki Fathurrahman Septian Safitri, Meilina Santi Susila Nengsih Sayyidinaa Zahra Ridha Pramitha Siddiq, Andhika Mochamad Siti Nur Asyifa, Alma Siti Sarah, Siti Siti Susanti Sofiati, Nunung Ayu Sofiaty, Nunung Ayu Solihah, Maya Sonia Chandra Utami Suci Fauziah Lestari Sudarmadji, Harrys Sugandi, Akhmad Suhendar Suhendar Sujatmika, Dendi Sumawidjaya, Riyandi Nur Supiyadi, Dedi Surachman Surjaatmadja Surachman Surjaatmadja Susila Nengsih, Santi Sutaryat Trisnamansyah Sutisna Sutisna Syamsul Bachri Thessa Tri Astuty Tjipto Sajekti Walhidayat, Taufik Wardana, Wikrama Wiara Sanchia Grafita Ryana Devi Wildan Guretno Prasetiyo Wulandari Gunawan Yosi Josiva Zikri Muhammad Zulfiqar, Mochammad