PENGARUH RASIO PROFITABILITAS DAN LIKUIDITAS SERTA LEVERAGE TERHADAP FINANCIAL DI BEI PERIODE 2013-2017 PADA PERUSAHAAN SUB SEKTOR FARMASI DI BURSA EFEK INDONESIA

Authors

  • Aminiea Fujihandani .
  • Gede Putu Agus Jana Susila, S.E., MBA. .
  • Komang Krisna Heryanda, S.E., M.M. .

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh (1) rasio profitabilitas dan likuiditas serta leverage terhadap financial distress, (2) rasio profitabilitas terhadap financial distress, (3) rasio likuiditas terhadap financial distress, dan (4) rasio leverage terhadap financial distress. Subjek penelitian ini adalah perusahaan sub sektor farmsi di Bursa Efek Indonesia, dan objek penelitian ini adalah rasio profitabilitas dan likuiditas serta leverage terhadap financial distress. Teknik pengambilan sampel yang digunakan adalah purposive sampling, dan didapatkan 7 perusahaan sub sector farmasi di Bursa Efek Indonesia tahun 2013-2017. Data yang dikumpulkan dengan pencatatan dokumen, dan dianalisis dengan analisis regresi linier berganda. Desain penelitian yang digunakan dalam penelitian ini adalah kuantitatif asosiatif . Hasil penelitian menunjukkan bahwa: (1) rasio profitabilitas, likuiditas dan leverage berpengaruh signifikan terhadap financial distress, (2) rasio profitabilitas berpengaruh positif tidak signifikan terhadap financial distresss, (3) rasio likuiditas berpengaruh positif tidak signifikan terhadap financial distress, dan (4) leverage berpengaruh positif signifikan terhadap financial distress pada perusahaan sub sektor farmasi di Bursa Efek Indonesia.
Kata Kunci : financial distress, leverage, likuiditas, profitabilitas.

This study aimed to determine the effect of (1) profitability ratios and liquidity and leverage on financial distress, (2) profitability ratios for financial distress, (3) liquidity ratios for financial distress, and (4) leverage ratios against financial distress. The subject of this research is the pharmaceutical sub-sector company on the Indonesia Stock Exchange, and the object of this research is the profitability and liquidity and leverage ratio of financial distress. The sampling technique used was purposive sampling, and obtained 7 pharmaceutical sub-sector companies on the Indonesia Stock Exchange in 2013-2017. Data collected by recording documents, and analyzed by multiple linear regression analysis. The research design used in this study is quantitative associative. The results showed that: (1) profitability ratios, liquidity and leverage have a significant effect on financial distress, (2) profitability ratios have a positive not significant effect on financial distresss, (3) liquidity ratios have a positive not significant effect on financial distress, and (4) leverage has a positive significant effect on financial distress in pharmaceutical sub-sector companies on the Indonesia Stock Exchange.
keyword : financial distress, leverage,liquidity, profitability.

Published

2019-07-19

How to Cite

., A. F., ., G. P. A. J. S. S. M., & ., K. K. H. S. M. (2019). PENGARUH RASIO PROFITABILITAS DAN LIKUIDITAS SERTA LEVERAGE TERHADAP FINANCIAL DI BEI PERIODE 2013-2017 PADA PERUSAHAAN SUB SEKTOR FARMASI DI BURSA EFEK INDONESIA . Jurnal Manajemen Indonesia, 5(2). Retrieved from https://ejournal.undiksha.ac.id/index.php/JMI/article/view/18660

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