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ANALYSIS MODEL OF THE EFFECT OF ASSETS, EQUITY AND DEBT ON PROFITS IN PHARMACEUTICAL SUB-SECTOR COMPANIES AT THE INDONESIA STOCK EXCHANGE FOR THE PERIOD 2014 – 2021 Surono, Yunan; Irwanto, Telly Zuvilla
JUMANJI (JURNAL MANAJEMEN JAMBI) Vol. 6 No. 2 (2023): JUMANJI (Jurnal Manajemen Jambi)
Publisher : LPPM Universitas Adiwangsa Jambi

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Abstract

This study aims to determine and analyze the effect of variable assets, equity and debt on the profits of pharmaceutical sub-sector companies on the Indonesia Stock Exchange for the period 2014 – 2021. The independent variables of the study are assets, equity and debt as independent variables with profit as the dependent variable. Data and facts obtained from the financial statements of issuer companies have the value of assets, equity, debt and profits in the pharmaceutical sub-sector during the study period has a considerable and significant difference in value and fluctuates. This study used the Smart Partial Least Square (PLS) 3.0 software program. The results showed 1) Asset variables have no effect on profit variables in pharmaceutical sub-sector companies on the Indonesia Stock Exchange for the period 2014 - 2021. 2) The equity variable has no effect on the profit variable. 3) Variable debt has no effect on variable profit.
Analisis Financial Distress dengan Model Altman Z Score pada Sektor Perkebunan di Bursa Efek Indonesia Periode 2014-2022 Surono, Yunan; Irwanto, Telly Zuvilla
Jurnal Ilmiah Universitas Batanghari Jambi Vol 24, No 2 (2024): Juli
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/jiubj.v24i2.5324

Abstract

This research aims to analyze the comparative analysis of potential bankruptcy (financial distress) models using the first, revised and modified Altman model for plantation sector companies on the Indonesia Stock Exchange. Financial distress can be used to determine and monitor a company's financial condition, so that it is hoped that they will be able to make better decisions to maintain the stability of company performance, including in public, private, manufacturing or service companies of various sizes. This research uses data and facts related to 11 companies from 21 listed companies in the plantation sector on the Indonesia Stock Exchange. The results of the research show that the issuer shares that have the best financial performance based on the financial distress analysis respectively and those that have not experienced bankruptcy are the LSIP and SMAR issuers, while the ones that have experienced the least pressure are the AALI issuers