ProBisnis : Jurnal Manajemen
Vol. 14 No. 5 (2023): October: Management Science

The Effect of Liquidity, Solvency, and Profitability Ratios on Transportation Sub-Sector Companies Listed on The Bei in 2017-2021

Aprilianti Maharani (Indo Global Mandiri University Palembang)
Endah Dewi Purnamasari (Indo Global Mandiri University Palembang)
Meilin Veronica (Indo Global Mandiri University Palembang)



Article Info

Publish Date
31 Oct 2023

Abstract

This study aims to analyse the effect of liquidity, solvency, and profitability ratios on financial distress. The object of this research is transportation companies listed on the Indonesia Stock Exchange in 2017-2021. This type of research uses quantitative data research. The method used to measure financial distress is using the Altman Z-Score. The data analysis method uses multiple linear regression analysis with data processing using SPSS 24. The results showed that the liquidity variable had a positive effect on financial distress. Solvency variables have no effect on financial distress. Profitability has a positive effect on financial distress Liquidity, solvency, and profitability affect financial distress

Copyrights © 2023






Journal Info

Abbrev

ProBisnis

Publisher

Subject

Humanities Computer Science & IT Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

Description

ProBisnis: The Management Journal was previously published in print, then in 2020 it was changed to online. This journal has ISSN: 2086-7654( Print) and ISSN: 2808-7240(Online). The scope of this journal is Economics, Management, Marketing, Strategic Management, Entrepreneurship, Leadership ...