Sianipar, Cristyn Yohanna and Herawaty, Netty and Rahayu, Rahayu (2023) ANALISIS FINANCIAL DISTRESS DENGAN METODE ALTMAN Z-SCORE PADA PERUSAHAAN OTOMOTIF DAN KOMPONEN YANG TERDAFTAR DI BEI TAHUN 2017-2021. JURNALAKUNTANSIDANKEUANGAN (JAK), 28 (2). pp. 122-134. ISSN 2807–9647
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Abstract
This research aims to analyze the effect of the Altman Z-score financial ratio on financial distress in automotive and component manufacturing companies listed on the Indonesia Stock Exchange from 2017 to 2021. The independent variables in this study include Net Working Capital to Total Assets, Retained Earnings to Total Assets, Earning Before Interest, and Tax to Total Assets dan Book Value of Equity to Total Liabilities. The dependent variable is financial distress. Purposive sampling was used to select asample of 12 companies, and descriptive statistics were applied using the SPSS version 25 program. The results of the study indicate that 7 companies are healthy, 3 companies are experiencing financial distress, and 2 companies are in a gray area. The result found that all four financial ratios partially influence financial distress and simultaneously all four ratios also influence financial distress
Type: | Article |
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Subjects: | H Social Sciences > HG Finance |
Divisions: | Fakultas Ekonomi dan Bisnis > SI Akuntansi |
Depositing User: | Herawaty |
Date Deposited: | 07 Oct 2024 04:08 |
Last Modified: | 07 Oct 2024 04:08 |
URI: | https://repository.unja.ac.id/id/eprint/59357 |
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