Proceeding International Pelita Bangsa
Vol. 1 No. 01 (2023): September 2023

Determination Of Financial Performance Ratio In Prediction Of Financial Distress In Cigarette Companies Listed On The Indonesia Stock Exchange

Fatmawati, Elsye (Unknown)
Oktavyani, Dini (Unknown)

Article Info

Publish Date
30 Sep 2023

Abstract

This study aims to partially examine the effect of liquidity ratios, leverage, profitability and sales growth ratios on financial distress. The population in this study were all cigarette companies listed on the Indonesia Stock Exchange and the sample was taken using saturated sampling method to obtain 30 samples from 5 companies. The data processing technique uses multiple linear analysis with the help of the statistical program Eviews version 12 as a tool. The results of this study indicate that the variable liquidity has a positive and significant effect on financial distress. Leverage has negative results and has no significant effect on financial distress. Profitability has a positive and significant effect on financial distress. Sales growth gives positive results but does not have a significant effect on financial distress.

Copyrights © 2023




Citation Download
RIS
EndNote, Reference Manager, ProCite
BibTex
Latex, Jabref
Original Source
Download Original
Google Scholar
Check in Google Scholar
Journal Info
Proceeding International Pelita Bangsa
Website

Abbrev

pic

Publisher

Universitas Pelita Bangsa

Subject

Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Proceeding International Pelita Bangsa, published by Pelita Bangsa University. Proceeding International Pelita Bangsa accommodates the publication of research results in the fields of Business, Economics, Technology, Engineering, law and education conducted by lecturers as a manifestation of the Tri ...