Analisis Rasio Keuangan Pada Financial Distress Perusahaan Retail Yang Terdaftar Di Bei (2016 – 2019)

Abstract

This study aims to determine the effect of profitability, liquidity, leverage, and activity in predicting financial distress conditions in retail companies on the Indonesia Stock Exchange (IDX) for the period 2016-2019. The sampling technique used was purposive sampling with a number of selected samples of 18 companies. The number of samples used was as many as 7 companies in the category of experiencing financial distress and 11 companies in the category did not experience financial distress. The results of the study using logistic regression show that profitability measured by the Return on Investment (ROI) has a negative effect on financial distress. Liquidity as measured by Current Ratio (CR) has a negative effect on financial distress. Leverage measured by Debt to Equity Ratio (DER) has a negative effect on financial distress. Activity measured by Fixed Assetss Turnover (FAT) not has a effect on financial distress.

Analisis Rasio Keuangan Untuk Memprediksi Kondisi Financial Distress (Studi Empiris Pada Perusahaan Property dan Real Estate yang Terdaftar Di BEI Tahun 2018-2020)

“…Komala (2019) mendapat hasil bahwa leverage cenderung berpengaruh positif terhadap financial distress baik dengan model Grover maupun dengan model Springate, pertumbuhan perusahaan cenderung berpengaruh negatif terhadap financial distress dengan model Springate, dan kepemilikan institusional cenderung memperlemah pengaruh leverage terhadap financial distress dengan model Springate. Azizah (2021) mendapatkan hasil bahwa rasio profitabilitas dan rasio likuiditas memiliki pengaruh negatif terhadap financial distress perusahaan sedangkan rasio Leverage memiliki pengaruh positif terhadap financial distress, dan rasio aktivitas tidak memiliki pengaruh terhadap financial distress di suatu perusahaan.…”