JURNAL LENTERA BISNIS
Vol. 13 No. 3 (2024): JURNAL LENTERA BISNIS, SEPTEMBER 2024

ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI FINANCIAL DISTRESS DENGAN PENDEKATAN ALTMAN Z-SCORE PADA PERUSAHAAN CONSUMER NON-CYCLICAL YANG TERDAFTAR DI BEI TAHUN 2020-2023

Putri Lestari (Universitas Muhammadiyah Surakarta)
Imronudin (Universitas Muhammadiyah Surakarta)



Article Info

Publish Date
18 Sep 2024

Abstract

This study aims to analyze the factors that influence financial distress with the Altman Z-score approach in non-cyclical consumer companies listed on the IDX in 2020-2023. This research is included in quantitative research. The population in this study uses companies in the consumer non-cyclical sector listed on the Indonesia Stock Exchange (IDX). Sampling using probability random sampling. The data source used is secondary data. Data collection techniques through reading and analyzing various literature books, journals, and also theses. As well as the use of the website through the official website of the Indonesia Stock Exchange (IDX), namely www.idx.co.id and the official website owned by the Company. The data analysis technique uses data processing assistance through excel 2019 software and Eviews or Econometric Views version 12 with the regression analysis method. The results of the study are that profitability and total asset turnover have a positive and significant effect on financial distress. Leverage has a negative and significant effect on financial distress. However, simultaneously the independent variables in this study, namely profitability, leverage, and total assets turnover, have an overall influence on financial distress.

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Journal Info

Abbrev

jrlab

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal Lentera Bisnis (ISSN 2252-9993, e-ISSN 2598-618X) ini merupakan jurnal ilmiah berkala yang terbit berdasarkan kaidah jurnal ilmiah ditujukan untuk mempublikasikan karya ilmiah hasil penelitian, pengembangan dan studi pustaka di bidang ilmu administrasi bisnis meliputi peminatan ilmu bisnis. ...