Jurnal Ekonomi Syariah
Vol. 3 No. 1 (2022): Februari 2022

PENGARUH RASIO LIKUIDITAS, LAVERAGE, OPERATING CAPACITY TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN COSMETICS AND HOUSEHOLD

Pertiwi, Rizki Novia (Unknown)
Hartono, Arif (Unknown)
Ulfah, Ika Farida (Unknown)



Article Info

Publish Date
06 Feb 2022

Abstract

This study examines the effect of the independent variables namely Liquidity, Leverage, and Operating Capacity on Financial Distress. The subjects in this study were all Cosmetics and Household companies listed on the Indonesia Stock Exchange in 2016-2019. The method of determining the sample in this study uses the Purposive Sampling Method. The results of the research on the first hypothesis indicate that the liquidity variable has no effect on financial distress. This means that liquidity has a significant influence in predicting financial distress conditions because there is no significant difference in the liquidity of companies experiencing financial distress with companies not experiencing financial distress. The results of the research on the second hypothesis indicate that the variables of Leverage and Operating Capacity have an effect on Financial Distress. This means that if the company has high debt with a good level of debt management, it can finance the purchase of company assets to support the continuity of company activities and support inventory. The results of simultaneous testing of Liquidity, Leverage, and Operating Capacity variables have an effect on Financial Distress

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Journal Info

Abbrev

JESDar

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Islamic Economics Darussalam is a periodical journal published by Islamic Economics Study Program, Faculty of Islamic Economics and Business, Darussalam Islamic Institute, Blokagung Banyuwangi. This journal specializes in the study of sharia economics, sharia business management, ...