Research Article
Liquidity Ratio Analysis, Profitability Ratio, Leverage Ratio, And Cash Flow Operations To Predict The Financial Distress In Manufacturing Companies Listed In Indonesia Stock Exchange (2015-2018)
@INPROCEEDINGS{10.4108/eai.5-8-2020.2301126, author={Ika Yustina rahmawati and Tiara Pandansari and Fanny Lafyfatun Khasanah}, title={Liquidity Ratio Analysis, Profitability Ratio, Leverage Ratio, And Cash Flow Operations To Predict The Financial Distress In Manufacturing Companies Listed In Indonesia Stock Exchange (2015-2018)}, proceedings={Proceedings of the 2nd International Conference of Business, Accounting and Economics, ICBAE 2020, 5 - 6 August 2020, Purwokerto, Indonesia}, publisher={EAI}, proceedings_a={ICBAE}, year={2020}, month={10}, keywords={liquidity profitability leverage operating flow financial distress}, doi={10.4108/eai.5-8-2020.2301126} }- Ika Yustina rahmawati
Tiara Pandansari
Fanny Lafyfatun Khasanah
Year: 2020
Liquidity Ratio Analysis, Profitability Ratio, Leverage Ratio, And Cash Flow Operations To Predict The Financial Distress In Manufacturing Companies Listed In Indonesia Stock Exchange (2015-2018)
ICBAE
EAI
DOI: 10.4108/eai.5-8-2020.2301126
Abstract
The purpose of this study is to determine the effect of liquidity ratios, profitability ratios, leverage ratios, and operating cash flow in predicting financial distress in manufacturing companies listed on the Indonesia Stock Exchange (2015-2018). The independent variables in this study are liquidity ratios, profitability ratios, leverage ratios, and operating cash flow, while the independent variable is financial distress. The object used in manufacturing companies with a sample of 105 companies. Data analysis techniques are used using logistic regression analysis. The results showed that the ratio of liquidity and operating cash flow did not influence in predicting financial distress while the other two variables namely profitability ratios and leverage ratios had a very strong influence in predicting financial distress.
