Insight Management Journal
Vol. 4 No. 2 (2024): January

The effect of profitability, liquidity, leverage, and activity on financial distress at PT Waskita Karya (Persero) Tbk

Ayatika, Arini (Unknown)
Suryaningprang, Andre (Unknown)
Herlinawati, Erna (Unknown)
Sudaryo, Yoyo (Unknown)
Supiyadi, Dedi (Unknown)



Article Info

Publish Date
30 Jan 2024

Abstract

The aim of this study is to find out how profitability, liquidity, leverage, and activity have a partial and simultaneous effect on financial distress. To collect samples, the researchers used purposive sampling. This research uses secondary data from the triwulan financial report of PT Waskita Karya (Persero) Tbk for the period 2013-2023. The study uses a descriptive and verification approach that includes descriptive tests, classical assumption tests, double linear regression analysis, determination coefficient analysis, and hypothesis testing. The results of the determination factor tests show that profitability, liquidity, leverage, and operational influences 90.20% of financial distress, and 9.80% are influenced by other factors not considered in the study. It can be concluded from the hypothesis test that partially Profitability, Liquidity, and Activity have a positive and significant influence on Financial Distress, while Leverage has a negative and significant effect on Financial distress while simultaneously Profitability, liquidity, Leverage, and Aktivity have an influence upon Financial Distress. Researchers recommend using different research objects and larger samples, not just that for further research it is recommended to use measuring tools that project different financial distress such as using the Springate, Zmijewski, or Grover methods

Copyrights © 2024






Journal Info

Abbrev

imj

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Insight Management Journal ISSN 2774-1737 merupakan media akses terbuka dalam mempublikasikan artikel ilmiah, jurnal ini memuat hasil-hasil penelitian dalam bidang ilmu manajemen, dan artikel tersedia secara online, bebas tanpa berlangganan apapun. Artikel yang dikirimkan ke jurnal ini akan diproses ...