Widya Dharma Journal of Business
Vol. 3 No. 01 (2024): APRIL 2024

PENGARUH RASIO PROFITABILITAS, AKTIVITAS, LEVERAGE, DAN ARUS KAS TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN MANUFAKTUR

Fitriyani, Dona (Unknown)
Susyanti, Susyanti (Unknown)
Kuntaryanto, Oki (Unknown)



Article Info

Publish Date
16 May 2024

Abstract

The purpose of this research to examine the effect of profitability ratio, activity, leverage, and cash flow to financial distress at manufacturing companies listed on the Indonesia Stock Exchange in 2021. The population were manufacturing companies listed on the Indonesia Stock Exchange in 2021. Sampling using purposive sampling technique. The number of samples in this study was 99 companies. The analytical methods used include descriptive test, classical assumption test including normality test, multicollinearity test, heteroscedasticity test, and hypotheses testing using multiple linier regression analysis method, simultaneous test, partial test, and test of the coefficient of determination. The results showed that profitability ratio and cash flow had a negative and significant effect to financial distress, leverage had positive and significant effect to financial distress, while activity had no effect to financial distress.

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Journal Info

Abbrev

wijob

Publisher

Subject

Economics, Econometrics & Finance Environmental Science

Description

FOCUS AND SCOPE Widya Dharma Journal of Business invites academics and researchers who do original research in the fields of economics, management and accounting, including but not limited to: Development Economics Monetary Economics, Finance and Banking International Economics Public Economics ...