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The ability of a company to compete is determined by the company’s performance. If there is a lack of effectiveness in the company’s performance, then company leaders can take the right action to ensure that things become more efficient. Moreover, performance measurement is closely related to the company’s financial condition. Every company should...
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Firm value is the view of investors when measuring the success rate of a company. ROE is the variable most strongly associated with firm value to calculate the profit level of a company. Liquidity is a ratio to measure the company's ability to meet its short-term obligations. DER is a ratio used to assess debt against equity. The purpose of this st...
The purpose of this study is to determine the effect of profitability, liquidity, and dividend policy on firm value. This study also aims to determine the indirect effect between profitability and liquidity on firm value through the dividend policy. This research used property, real estate, and building construction companies listed in Indonesia St...
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... Rasio solvabilitas atau leverage membandingkan aset dengan utang perusahaan dan digunakan untuk menilai kemampuan melunasi kewajiban (Kasmir, 2019). Leverage berasal dari pembiayaan berbunga tetap, seperti pinjaman dan obligasi (Friska & Pudjolaksono, 2023), namun penggunaan utang yang berlebihan dapat meningkatkan risiko kesulitan keuangan hingga kebangkrutan (Dirman, 2021). Dalam penelitian ini, leverage diukur menggunakan Debt to Equity Ratio (DER) (Hidayat & Yuniati, 2024). ...
This study investigates the influence of profitability, liquidity, leverage, operating cash flow, and sales growth on financial distress, measured by the Z-Score, among Property and Real Estate companies listed on the Indonesia Stock Exchange (IDX) during 2021–2023. A sample of 63 companies was selected through purposive sampling, yielding 189 observations over three years. Employing a quantitative approach with multiple linear regression, the data met all classical assumption tests. Results show profitability and liquidity positively impact financial health, while leverage negatively affects it, increasing financial distress. However, operating cash flow and sales growth showed no significant effects. These findings provide insights for stakeholders in identifying key determinants of financial health to support strategic decision-making.
... The students were selected using a purposive sampling technique, which was selected based on observations during the lecture process for classes whose students had diverse mathematical abilities. Purposive sampling techniques help identify and select cases that are rich in information, which is essential for exploring complex phenomena (Friska, 2023). The purpose of this study is to explore the reasoning of preservice mathematics teachers in solving problems in the context of travel routes. ...
This research investigates the key factors influencing companies registered on the Indonesia Stock Exchange (IDX) that is experiencing financial distress between the years 2021 to 2023. In this study, 353 data points were selected from the target population using purposive sampling. Three key financial ratios were utilized as indicators of financial distress: Profitability can be measured by Return on Assets (ROA), while the Current Ratio (CR) is used to measure liquidity. Meanwhile, The Logarithm of Natural to Total Assets (LnTA) is a metric for evaluating a company’s size. Multiple regression analysis is performed utilizing SmartPLS 4.0 software to analyze the connection between these factors and the probability of experiencing financial distress. The findings indicate a significant negative association between liquidity (CR) and company size (LnTA) with financial distress. In contrast, profitability (ROA) demonstrates an insignificant negative correlation with financial distress. This study contributes to the literature by providing a comprehensive analysis of the factors influencing financial distress in Indonesia consumer cyclical companies employs signaling theory to interpret the relationships discovered.
