Prasetyo, Jonathan Hardi (2019) Analisis Pengaruh Real Effective Exchange Rate, Current Ratio, Debt to Asset Ratio, Total Asset Turnover, dan Return on Asset dalam Memprediksi Kondisi Financial Distress pada Perusahaan (Studi pada Perusahaan Otomotif dan Komponen yang Terdaftar di Bursa Efek Indonesia Periode 2013-2016). Sarjana thesis, Universitas Brawijaya.
Abstract
Penelitian ini bertujuan untuk 1) mengetahui dan menjelaskan pengaruh parsial Real Effective Exchange Rate (X1), Current Ratio (X2), Debt to Asset Ratio (X3), Total Asset Turnover (X4), dan Return on Asset (X5) terhadap Financial Distress (Y) pada perusahaan sub sektor otomotif dan komponen di Indonesia; 2) mengetahui dan menjelaskan pengaruh simultan Real Effective Exchange Rate (X1), Current Ratio (X2), Debt to Asset Ratio (X3), Total Asset Turnover (X4), dan Return on Asset (X5) terhadap Financial Distress (Y) pada perusahaan sub sektor otomotif dan komponen di Indonesia. Jenis penelitian yang digunakan adalah penelitian eksplanatif dengan pendekatan kuantitatif. Variabel penelitian ini meliputi Real Effective Exchange Rate, Current Ratio, Debt to Asset Ratio, Total Asset Turnover, Return on Asset, dan Financial Distress. Penelitian ini menggunakan metode analisis statistik deskriptif, analisis regresi linier berganda, analisis data inferensial, dan metode analisis Altman Z-Score. Populasi dalam penelitian ini adalah 13 perusahaan yang masuk ke dalam subsektor otomotif dan komponen yang terdaftar di Bursa Efek Indonesia Periode 2013-2016. Berdasarkan metode purposive sampling, diperoleh 12 perusahaan yang dijadikan sampel penelitian. Data pada penelitian ini diolah menggunakan SPSS 23 for Windows. Hasil penelitian ini menunjukkan bahwa; 1) berdasarkan hasil analisis Altman Z-Score yang dilakukan, terdapat tiga perusahaan yang berada dalam kategori safe zone, tiga perusahaan yang berada pada kategori grey zone, dan enam perusahaan yang berada pada kategori distress zone; 2) Real Effective Exchange Rate (REER) (X1), Current Ratio (CR) (X2), dan Debt to Asset Ratio (DAR) (X3) tidak berpengaruh secara parsial dan signifikan terhadap Financial Distress (Y); 3) Total Asset Turnover (TATO) (X4) dan Return on Asset (ROA) berpengaruh secara parsial dan signifikan terhadap Financial Distress (Y); 4) Real Effective Exchange Rate (REER) (X1), Current Ratio (CR) (X2), Debt to Asset Ratio (DAR) (X3), Total Asset Turnover (TATO) (X4), dan Return on Asset (ROA) (X5) berpengaruh secara simultan terhadap Financial Distress (Y) dengan nilai Adjusted R Square sebesar 0,875 atau 87,5%.
English Abstract
This study aims to 1) find out and explain the partial effect of the Real Effective Exchange Rate (X1), Current Ratio (X2), Debt to Asset Ratio (X3), Total Asset Turnover (X4), and Return on Asset (X5) to Financial Distress (Y) in automotive and component sub-sector companies in Indonesia; 2) to know and explain the simultaneous effect of Real Effective Exchange Rate (X1), Current Ratio (X2), Debt to Asset Ratio (X3), Total Asset Turnover (X4), and Return on Asset (X5) to Financial Distress (Y) on automotive and component sub-sector companies in Indonesia. The type of research used is explanatory research with a quantitative approach. The research variables include Real Effective Exchange Rate, Current Ratio, Debt to Asset Ratio, Total Asset Turnover, Return on Assets, and Financial Distress. This study used descriptive statistical analysis method, multiple linear regression analysis, inferential data analysis, and Altman Z-Score analysis method. The population in this research were 13 companies included in the automotive and component subsectors listed on the Indonesia Stock Exchange for the 2013-2016 period. Based on the purposive sampling method, 12 companies were used as research samples. The data in this study were processed using SPSS 23 for Windows. The results of this study indicate that; 1) based on the results of the Altman Z-Score analysis, there are three companies in the safe zone category, three companies in the grey zone category, and six companies in the distress zone category; 2) Real Effective Exchange Rate (REER) (X1), Current Ratio (CR) (X2), and Debt to Asset Ratio (DAR) (X3) do not partially and significantly affect Financial Distress (Y); 3) Total Asset Turnover (TATO) (X4) and Return on Assets (ROA) have a partial and significant effect on Financial Distress (Y); 4) Real Effective Exchange Rate (REER) (X1), Current Ratio (CR) (X2), Debt to Asset Ratio (DAR) (X3), Total Asset Turnover (TATO) (X4), and Return on Assets (ROA) (X5) has a simultaneous effect on Financial Distress (Y) with an Adjusted R Square value of 0.875 or 87.5%.
| Item Type: | Thesis (Sarjana) |
|---|---|
| Identification Number: | SKR/FIA/2019/448/051906448 |
| Uncontrolled Keywords: | Real Effective Exchange Rate, Current Ratio, Debt to Asset Ratio, Total Asset Turnover, Return on Asset, Financial Distress |
| Subjects: | 300 Social sciences > 338 Production > 338.5 General production economics > 338.54 Economic fluctuations > 338.544 General production forecasting and forecasts > 338.544 2 Methods of forecasting |
| Divisions: | Fakultas Ilmu Administrasi > Ilmu Administrasi Bisnis / Niaga |
| Depositing User: | Endang Susworini |
| Date Deposited: | 10 Aug 2020 06:36 |
| Last Modified: | 10 Aug 2020 06:36 |
| URI: | http://repository.ub.ac.id/id/eprint/172536 |
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