PENGARUH CURRENT RATIO, TOTAL DEBT TO EQUITY RATIO, DAN RETURN ON ASSETS TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN SUB SEKTOR PERTAMBANGAN BATUBARA YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2009-2013
| Main Author: | SEPA, ADE EMILYA |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
, 2014
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| Subjects: | |
| Online Access: |
http://eprints.polsri.ac.id/602/1/COVER.pdf http://eprints.polsri.ac.id/602/2/BAB%20I.pdf http://eprints.polsri.ac.id/602/3/BAB%20II.pdf http://eprints.polsri.ac.id/602/4/BAB%20III.pdf http://eprints.polsri.ac.id/602/5/BAB%20IV.pdf http://eprints.polsri.ac.id/602/6/BAB%20V.pdf http://eprints.polsri.ac.id/602/7/DAFTAR%20PUSTAKA.pdf http://eprints.polsri.ac.id/602/8/LAMPIRAN.pdf http://eprints.polsri.ac.id/602/ |
Daftar Isi:
- The Effect of Current Ratio, Total Debt to Equity Ratio, and Return On Assets to Financial Distress on Coal Mining Company Listed on the Indonesia Stock Exchange Period 2009-2013 Ade Emilya Sepa, Accounting, Politeknik Negeri Sriwijaya (xv+57 pages) Hp: 087897548863, e-mail: ade_emilya@ymail.com Financial distress in a phased reduction in financial condition that occurred prior to the bankruptcy or liquidation. Financial distress is the third stage prior to the bankruptcy of a company. This study aimed to know the effect of the current ratio, total debt to equity ratio, and return on assets ratio to financial distress in the sub-sector coal mining company listed on the Indonesia Stock Exchange from 2009 to 2013. This study used a model of the Altman Z-score to measure corporate financial distress. Based on the results obtained by the author, there are 18 samples faced financial distress, 13 samples in conditions prone to financial distress and, 19 samples did not face financial distress. The researcher used SPSS version 20 in analyzing the data, the results of the F test (simultaneous) indicated that the current ratio, total debt to equity ratio and return on assets ratio were the same with or near-significant alias to financial distress, the F value of 38.565 and significant value of 0.000. T test results showed that the current ratio significantly influence the financial distress with a value of 3.632 and 0.001 significant level. Total debt to equity ratio also showed a significant effect on financial distress with a value of 4.660 and 0.000 and the value of the last significant return on assets significantly influence financial distress. Keywords: current ratio, total debt to equity ratio, return on assets ratio,