Pengaruh Profitabilitas, Debt To Equity dan Sales Growth Terhadap Financial Distress yang Terdaftar di Bursa Efek Indonesia

The purpose of this research was to identify the influence of profitability, debt to equity and sales growth on financial distress in companies listed on the Indonesia Stock Exchange (BEI). The dependent variable tested is financial distress which is calculated using the Altman Z-score. Companies listed on the Indonesia Stock Exchange (BEI) face a number of economic and financial challenges that require careful risk management strategies. One of the main challenges that can threaten business continuity is the risk of financial difficulties. The research applies a purposive sampling method. The research sample consisted of 70 data or the equivalent of 14 companies listed on the IDX in the mining sector for the 2018-2022 period. The data analysis method used is multiple linear regression analysis with SPSS 20 application tools. The results of statistical test research show that profitability has a significant effect on financial distress because the significance value is <0.05, while debt to equity and sales growth have a positive and no effect. significant for financial distress because the significance value is >0.05. The results of the F statistical test show that profitability, debt to equity and sales growth have a significant and equal effect on financial distress because the significance value shows <0.05.

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Publication Details

Journal
Hatta Jurnal Pendidikan Ekonomi dan Ilmu Ekonomi
Published
2024-10-05
DOI
https://doi.org/10.62387/hatta.v2i2.33
Primary Topic
Financial Analysis and Corporate Governance
Type
article
Field-Weighted Citation Impact
0.00
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article

Pengaruh Profitabilitas, Debt To Equity dan Sales Growth Terhadap Financial Distress yang Terdaftar di Bursa Efek Indonesia

Puspita Rama Nopiana, Fransisco Friadi Pasaribu
Hatta Jurnal Pendidikan Ekonomi dan Ilmu Ekonomi
Financial Analysis and Corporate Governance
article

Pengaruh Profitabilitas, Debt To Equity dan Sales Growth Terhadap Financial Distress yang Terdaftar di Bursa Efek Indonesia

Puspita Rama Nopiana, Fransisco Friadi Pasaribu
article en

Abstract

The purpose of this research was to identify the influence of profitability, debt to equity and sales growth on financial distress in companies listed on the Indonesia Stock Exchange (BEI). The dependent variable tested is financial distress which is calculated using the Altman Z-score. Companies listed on the Indonesia Stock Exchange (BEI) face a number of economic and financial challenges that require careful risk management strategies. One of the main challenges that can threaten business continuity is the risk of financial difficulties. The research applies a purposive sampling method. The research sample consisted of 70 data or the equivalent of 14 companies listed on the IDX in the mining sector for the 2018-2022 period. The data analysis method used is multiple linear regression analysis with SPSS 20 application tools. The results of statistical test research show that profitability has a significant effect on financial distress because the significance value is <0.05, while debt to equity and sales growth have a positive and no effect. significant for financial distress because the significance value is >0.05. The results of the F statistical test show that profitability, debt to equity and sales growth have a significant and equal effect on financial distress because the significance value shows <0.05.

Hatta Jurnal Pendidikan Ekonomi dan Ilmu EkonomiVol. 2(2)
Museo Galileo (IT)
Openalex Percentile: Top 50%
Financial Analysis and Corporate Governance
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