Journal of Innovative and Creativity
Vol. 6 No. 1 (2026)

Pengaruh Likuiditas, Aktivitas Dan Leverage Terhadap Profitabilitas Serta Dampaknya Dalam Memprediksi Kondisi Financial Distress Pada Perusahaan Ritel Yang Terdaftar Di Bursa Efek Indonesia Periode 2014-2023

Hasanudin, Hasanudin (Unknown)
Cristine Prestarika Lukito (Unknown)



Article Info

Publish Date
12 Jan 2026

Abstract

The Studi aims to determine the effect of Liquidity Ratio, Activity Ratio, Leverage Ratio To Profitability Ratio and Its Impact In Predicting The Condition Of Financial Distress On Retail Company Listed In Indonesia Stock Exchange. The Financial Distress was measured throught Altman Z’Score, Liquidity Ratio was measured throught Current Ratio (CR), Activity Ratio was measured throught Total Assets Turnover (TATO), Leverage Ratio was measured throught Debt to Equity Ratio (DER) and Profitability ratio was measured throught Net Profit Margin (NPM). The Research was a quantitative study using the financial report of the companies listed on the Indonesia Stock Exchange (BEI). The Sampling tehnique in this study was purpose sampling. The samples used in this study 5 companies, which were listed on the Indonesia Stock Exchange (BEI) in period 2014-2023, in order to obtain the data of 50 companies from the financial Statement are made data panel. The analytical method is descriptive analysis.The data were analyzed through multipel linear regression analysis and processed with software Eviews 13.0. The result showed (1) current ratio with prob. 0.1612 not had and no significant effect on the net profit margin , (2) total assets turnover with prob 0.1490 not had and no significant effect on the net profit margin, (3) debt to equity ratio with prob. 0.1369 not had and no significant effect on the net profit margin (4) current ratio, total assets turnover and debt to equity ratio simultaneously with prob. 0.032619 a had positive significant affected the net profit margin, (5) net profit margin with prob. 0.0216 had a positive significant on the prediction of financial distress.

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Journal Info

Abbrev

joecy

Publisher

Subject

Education Languange, Linguistic, Communication & Media Mathematics Social Sciences Other

Description

Journal of Innovative and Creatifity (JOECY) publishes research articles in the field of education which report empirical research on topics that are significant across educational contexts, in terms of design and findings. The topic could be in curriculum, teaching learning, evaluation, quality ...