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ANALISIS POTENSI FINANCIAL DISTRESS DENGAN METODE SPRINGATE PADA BANK UMUM SYARIAH DI INDONESIA Marlinda, Desi; Yulia, Aida
Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi Vol 5, No 1 (2020): Februari 2020
Publisher : Accounting Departement Economics and Business Faculty Syiah Kuala University

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Abstract

This research aims to know the potential financial distress with Springate method at sharia banks in Indonesia. Financial ratios used is the ratio of working capital to total assets, the ratio of earnings before interest and taxes to total assets (EBIT/Total assets), the ratio of earnings before taxes to total current liabilities (EBT/current liability), and the ratio of sales to total assets. The method used in this research is quantitative research with descriptive study purposes. Data used is secondary data, in the form of an annual financial statement data sharia banks 2014-2018 period. The data analysis is done by using the method of calculation of financial ratios Springate, data is processed using a computer device tools Microsoft Excel. The results of this study indicate that all Islamic banks in the span of the last five years the average is in the category are not experiencing finan cial distress. In the calculation method Springate, 11 Islamic Banks (BUS) in Indonesia during the period 2014 to 2018 shows that only three Islamic banks that are in the unhealthy category predictions that the Bank BRI Syariah, Bank Syariah Muamalat and Bank Syariah Bukopin.
PENGARUH FREE CASH FLOW, LEVERAGE, PRICE EARNINGS RATIO, DAN DIVIDEND TERHADAP STOCK REPURCHASE PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA UNTUK TAHUN 2010-2014 Octaviani, Lolita; Yulia, Aida
Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi Vol 2, No 1 (2017): Februari 2017
Publisher : Accounting Departement Economics and Business Faculty Syiah Kuala University

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Abstract

The purpose of this study is to examine the effect of free cash flow, leverage, price earnings ratio and dividend on stock repurchase atmanufacturing companies listed on Bursa Efek Indonesia in the period of 2010 to 2014. Dependent variable used in this study is stock repurchase, while independent variables used in this study are free cash flow, leverage, price earnings ratio, and dividend. This study using purposive sampling method, of the companies listed on Bursa Efek Indonesia, 10 companies are selected to be sample in this study.The data used in this research is secondary data obtained from annual reports and financial statements. Data were analyzed using statistical analysis, the multiple linear regression analysis. Then the data is processed usingthe statistical package for social science (SPSS) 22.The results of this study indicate thatfree cash flow, leverage, price earnings ratio, and dividendjointly affectthe stock repurchase. Free cash flow and price earnings ratio have significant positive effect on stock repurchase, while leverage and dividend have significant negative on the stock repurchase.Keywords: Free Cash Flow, Leverage, Price Earnings Ratio, Dividend, Stock Repurchase.