JURNAL SATYA MANDIRI MANAJEMEN DAN BISNIS
Vol 12 No 1 (2026): Volume 12 Nomor 1 Tahun 2026

Determinasi Kinerja Keuangan: Leverage, Ukuran Perusahaan, Financial Distress, Dan Intensitas Modal Pada Perusahaan Sektor Pertambangan

Natrion Natrion (Universitas Satya Negara Indonesia)
Christina Christina (Universitas Satya Negara Indonesia)



Article Info

Publish Date
09 Jun 2026

Abstract

This study was conducted to examine the effect of leverage, firm size, financial distress, and capital intensity on the financial performance of mining sector companies listed on the Indonesia Stock Exchange (BEI) during the 2020–2024 period, with financial performance measured using Return on Assets (ROA). The study is causal in nature and utilizes secondary data obtained from annual financial statements. The population includes all mining companies listed on the BEI during the study period, while the sample was selected using purposive sampling, resulting in 14 companies that met the criteria and a total of 70 observations. Data analysis was performed using multiple linear regression with the assistance of SPSS version 20. Partial test results indicate that firm size and capital intensity have an effect on financial performance, whereas financial distress does not have a significant impact. Simultaneous testing confirms that all four variables collectively contribute to the financial performance of the mining companies included in the study

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Journal Info

Abbrev

satyamandiri

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Jurnal Satya Mandiri merupakan Jurnal Ilmiah dengan tujuan untuk mempublikasikan artikel yang memberikan kebaruan penelitian dengan isu-isu terbaru dan kajian Ilmiah lainnya yang berhubungan dengan bidang Manajemen. Ruang lingkup jurnal focus pada: Manajemen Keuangan, Human Capital, Marketing, ...