CD Skripsi
Pengaruh Rasio Leverage, Profitabilitas, Aktivitas Dan Pertumbuhan Terhadap Financial Distress (Studi Empiris Pada Perusahaan Ritel Yang Terdaftar Di Bursa Efek Indonesia Tahun 2018-2022)
ABSTRACT
The purpose of this study was to determine the effect of leverage ratio, profitability, activity and growth on financial distress. The population in this research are retail companies listed on the Indonesia Stock Exchange (IDX) in 2018-2022 with a total of 32 companies. The research sample was selected using a purposive sampling technique, so that 25 retail companies were obtained within an observation period of 5 years with a total of 125 data. The type of data used is secondary data in the form of annual reports of retail companies listed on the IDX during the 2018-2022 period. Hypothesis testing was carried out using the logistic regression method which was processed using the SPSS 29.0 application. The research results show that the leverage ratio as proxied by the debt to assets ratio (DAR) has a significant positive effect on financial distress. The profitability ratio proxied by return on assets (ROA) has a significant negative effect on financial distress. Meanwhile, the activity ratio proxied by inventory turnover (ITO) and the growth ratio proxied by sales growth (SG) have no effect on financial distress.
Keywords: Financial Distress, Debt To Assets Ratio, Return On Assets, Inventory Turnover, Sales Growth
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