Effect of Profitability, Leverage, Liquidity and Activity Against Financial Distress Conditions

S. Sugiarto, Setyo Mahanani
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Abstract

This research aims to determine the effect of profitability, leverage, liquidity and activity on financial distress. The research period is 2018. The approach in this study is quantitative research with all manufacturing companies listed on the IDX in 2018 as the population, which were then selected by purposive sampling method to obtain samples. This research uses logistic regression analysis method. The results of the study indicate that profitability has a negative effect on financial distress as indicated by the regression coefficient of -0.40732. and the prob value. 0.0097 is less than 0.05. Leverage has a positif effect on financial distress. This refers to the regression coefficient of 0.090522 and the prob value. 0.0353<0.05. Liquidity has no effect on financial distress conditions. This refers to the regression coefficient of 0.003604 and the resulting significance value is greater than the required level of significance, namely 0.503> 0.05. Activity has negative effect on financial distress. This refers to the regression coefficient of -0.09906 and the resulting significance value is less than required, namely  0.0047<0.05.
盈利能力、杠杆、流动性和活动对财务困境的影响
本研究旨在确定盈利能力、杠杆、流动性和活动对财务困境的影响。研究时间为2018年。本研究的方法是定量研究,以2018年IDX上市的所有制造业公司为人口,然后采用有目的抽样方法进行选择,获得样本。本研究采用logistic回归分析方法。研究结果表明,盈利能力对财务困境有负向影响,回归系数为-0.40732。和概率值。0.0097小于0.05。杠杆对财务困境有正向影响。这是指回归系数0.090522和probb值。0.0353 - 0.05。经济活动对财务困境有负面影响。即回归系数为-0.09906,得到的显著性值小于要求,即0.0047<0.05。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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