JRAK (Jurnal Riset Akuntansi dan Bisnis) (e-Journal)
Vol 6 No 2 (2020): JRAK JULI 2020

Analisis Pengaruh Model Laba dan Model Arus Kas dalam Memprediksi Kondisi Financial Distress

Budi Harto (Politeknik LP3I Bandung)
Lilis Saidah Napisah (STIE Ekuitas)



Article Info

Publish Date
30 Jul 2020

Abstract

This study aims to determine the effect of the profit and cash flow models in predicting financial distress conditions in the transportation company 2015-2018 period. The metode used is descriptive and verification method. The sampling was taken based on a purposive sampling method on mining sector companies listed on the IDX. The results showed that the profit proxied by Return on Assets (ROA) had a significant and significant effect on financial distress which was tested with the modified Altman Z-Score formula, and cash flow procied by Operating Cash Flow Ratio (OCFR) had a significant and significant effect on financial distress which was tested with the modified Altman Z-Score formula. While the results of the study indicate that profit and cash flow together have a significant effect on financial distress with the correlation coefficient showing a very strong relationship. Profit and cash flow influance financial distress of 68,3% and the remaining 31,7% is influenced by other factors.

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Journal Info

Abbrev

JRAK

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Riset Akuntansi dan Bisnis (JRAK) diterbitkan oleh Politeknik LP3I Bandung bekerja sama dengan Program Studi Akuntansi Politeknik LP3I Bandung secara berkala (setiap enam bulan). Tujuan jurnal ini adalah untuk mempublikasikan hasil riset maupun pemikiran akuntansi dan atau keuangan yang ...