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Journal : Journal of Fundamental Management (JFM)

PENGARUH DEBT TO EQUITY RATIO, RETURN ON ASSET, DAN CURRENT RATIO TERHADAP FINANCIAL DISTRESS (Studi Empiris Pada Perusahaan Sub Sektor Properti dan Real Estate Yang Terdaftar di BEI) Aini, Siti Nur; Ferranti, Putri Andari
Journal of Fundamental Management (JFM) Vol 4, No 2 (2024): JULI 2024
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22441/jfm.v4i2.26069

Abstract

This study aims to determine the effect of leverage ratio (Debt to Equity Ratio), profitability (Return on assets), and liquidity (Current Ratio) on financial distress in the property and real estate sub-sector companies listed on the Indonesia Stock Exchange (IDX). The method of analysis used is descriptive analysis, panel data regression analysis, classical assumption test and hypothesis test that is processed using Eviews12. The sample used was 175 samples from 35 property and real estate sub-sector companies listed on the Indonesia Stock Exchange in the 2018-2022 period. The sample method uses purposive sampling method. The results of this study indicate that leverage (Debt to Equity Ratio) has a significant negative effect on financial distress, profitability (Return on Asset) and Liquidity (Current Ratio) has a significant positive effect on financial distress.
Co-Authors Adyansyah, Farhan Afif, Moh. Azmi Ahmad Syarifuddin Aini, Siti Amar, Yusril Amelia, Shinta Anam, Rizqy Khairul Andayani, Sri Astutik Annisa, Aulia Aristha Purwanthari sawitri Athi, Fina Umu Rif Azizah, Salma Nur Azzah Dyah Pramata, Azzah Dyah Bella, Dwi Cahyani, Anggie Eka Cahyani, Rifa’atin Aditya Diah Susanti Dwi, Vicky Evitasari, Rachma Tia Fadjar Harimurti Fajarin, Rindang Farahdibah, Athirah Febriyanti, Aprillyana Ferranti, Putri Andari Fitriyani, Yeny Frida Murtinasari, Frida Harahap, Rizki Anwar Hariyati Purwaningsih Hidayat, Trian Hofalia, Lingga Zelly I Made Narsa Ikromah, Desti Iman Harymawan Ita Athia Ivan, M. Jannah, Vina Roudhotul Januarta, Shelya Khotibul Umam Lestari, Betty Novia Lutfiyah Lutfiyah M. Rizal Maharani, Ashifa Malik Anjelh Baqiya Marisa Masrufah, Luluk Iddah Maufur, Miqdam Maya Rini Handayani Mujtaba, Muhammad Irsyad Elfin Muslimin Muslimin Ni Putu Aryati Suryaningsih Nisa’, Lathifatun Ni’mah, Warosatun Nurdiansyah, Haniffudin Nurkayati, Siti Oehoedoe, Muhammad Sabrian Prasetya, Andy Pratama, Tata Bayu Pratiwi, Vania Mitha Pudail, M. Purwahita, Adi Putri, Elisa Beliana Rahma, Elfrida Venia Rahmaan, Dimas Anjanii Risydiyani, Wilda Rohmat, Ali Rosyida, Miftahurrahma Sabila, Liya Yusrina Sabilihaq, Roby Sahida, Milayatus Saptantinah, Dewi Saraswati, Anak Ayu Sri Sigit Tri Wicaksono, Sigit Tri Sri Ningsih Sugiharto, Rochman Syaifulloh, Ahmad Syifa, Achrijal Shohib Arya Turangan, Joyce A. Ula, Himmatul Ulinnuha, Kukuh Shafira Wahyu Widodo Wati, Dwi Indah Vidia Fatma Widyani, Devi Widyastuti Widyastuti