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THE EFFECT OF CURRENT RATIO, RETURN ON ASSETS, AND DEBT TO EQUITY RATIO ON FINANCIAL DISTRESS

📘 Volume 11 📄 Issue 8 📅 august 2023

👤 Authors

Putri Renalita Sutra Tanjung 1
1. Faculty of Economics and Business, Accounting, Universitas Mercu Buana, Indonesia

📄 Abstract

This study was conducted with the aim of knowing the effect of the current ratio, return on assets and debt to equity on financial distress. The object of this research is the retail trading sub-sector companies listed on the Indonesia Stock Exchange for the 2017-2021 period. The total sample used is 120 samples with 24 companies. Determination of the sample using the Purposive Sampling method. The research was conducted with a quantitative descriptive approach and the analytical technique used was logistic regression. The results of this study indicate that simultaneously all variables used current ratio, return on assets, and debt to equity ratio have an effect on financial distress. Partially, the current ratio and return on assets have a positive effect on financial distress.

🏷️ Keywords

Current Ratio Return On Assets Debt To Equity Ratio Financial Distress

🔗 DOI

View DOI - (https://doi.org/10.36713/epra13893)

📚 How to Cite:

Putri Renalita Sutra Tanjung , THE EFFECT OF CURRENT RATIO, RETURN ON ASSETS, AND DEBT TO EQUITY RATIO ON FINANCIAL DISTRESS , Volume 11 , Issue 8, august 2023, EPRA International Journal of Economic and Business Review(JEBR) , DOI: https://doi.org/10.36713/epra13893

🔗 PDF URL

https://cdn.epratrustpublishing.com/article/1251pm_4.EPRA JOURNALS 13893.pdf

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