The Double Entry Journal
https://journal.unsika.ac.id/tdej
<p>The Double Entry Journal is a Journal of Accounting, Tax, Finance, and Management Science with peer-review published by Departement of Accounting, Faculty of Economics and Business, Universitas Singaperbangsa Karawang. All articles published in The Double Entry Journal are open access and available online, free without any subscription.</p> <p> </p>Fakultas Ekonomi UNSIKAen-USThe Double Entry JournalTHE EFFECT OF LIQUIDITY RATIO, SOLVENCY RATIO, AND PROFITABILITY RATIO ON FINANCIAL DISTRESS
https://journal.unsika.ac.id/tdej/article/view/12042
<p>Retail trade sub-sector companies are one of the industries that are very close to us. However, the retail industry has experienced many ups and downs, especially since the presence of e-commerce and the pandemic of covid-19. This study aims to determine the effect of liquidity ratio, solvency ratio and profitability ratio on financial distress, especially in retail trading subsector companies listed on the Indonesia Stock Exchange in 2017-2021. The research method uses a verificative descriptive method. The population of this study is Retail Trading Subsector Companies Listed on the Indonesia Stock Exchange in 2017-2021. The samples used were 10 companies from a total of 36 companies taken using purposive sampling techniques. The data analysis methods used in this study are classical assumption test, multiple linear regression analysis, determination coefficient, partial test (t-test) and simultaneous test (F-test). The results of this study show that the Liquidity Ratio has a partial effect on financial distress, the Solvency Ratio has a partial effect on financial distress, the Profitability Ratio has a partial effect on financial distress as well as the Liquidity Ratio, Solvency Ratio and Profitability Ratio simultaneously affect on financial distress.</p> <p> </p>Dellavitrya Putri KhairunnisaHeikal Muhammad Zakaria Hakim
Copyright (c) 2024 Dellavitrya Putri Khairunnisa, Heikal Muhammad Zakaria Hakim
https://creativecommons.org/licenses/by-sa/4.0
2024-04-302024-04-3022