Relationship and Influence Four Components on Financial Distress in Non-Financial Sector Companies Listed on the IDX Period 2020-2022

Rudy Budiatmaja

doi:doi:10.11648/j.ijber.20231205.11

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Relationship and Influence Four Components on Financial Distress in Non-Financial Sector Companies Listed on the IDX Period 2020-2022

Rudy Budiatmaja

Published in International Journal of Business and Economics Research (Volume 12, Issue 5)

Received: 28 August 2023 Accepted: 15 September 2023 Published: 28 October 2023

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Abstract

The studies examine the four components of detecting financial misery for the duration of the covid-19 pandemic in non-financial sector businesses in indonesia with a 3-yr remark length, specifically 2020-2022. The populace consists of corporations operating within the non-economic sector which can be listed at the indonesian inventory alternate in 2020-2022 and have bad ebit for 3 consecutive years. The samples had been forty non-monetary organizations with a hundred and twenty observations the use of a focused sampling approach. The analysis method makes use of a multiple regression evaluation with secondary statistics on the organization's economic statements. The results of the research tested concluded that the variables sales increase and leverage ratio have no relation and no impact on economic distress, whilst the liquidity ratio and general asset turnover have no relation and no effect on monetary distress. The complete wealth turnover has a positive effect on the economic distress. The very last end is that the company wishes to boom sales increase and debt-to-equity ratios. The better the overall asset turnover and the liquidity ratio, the decrease the monetary burden will be.

Published in	International Journal of Business and Economics Research (Volume 12, Issue 5)
DOI	10.11648/j.ijber.20231205.11
Page(s)	162-167
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Four Components, Financial Distress, Non-Financial Sector Companies

References

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APA Style

Rudy Budiatmaja. (2023). Relationship and Influence Four Components on Financial Distress in Non-Financial Sector Companies Listed on the IDX Period 2020-2022. International Journal of Business and Economics Research, 12(5), 162-167. https://doi.org/10.11648/j.ijber.20231205.11

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ACS Style

Rudy Budiatmaja. Relationship and Influence Four Components on Financial Distress in Non-Financial Sector Companies Listed on the IDX Period 2020-2022. Int. J. Bus. Econ. Res. 2023, 12(5), 162-167. doi: 10.11648/j.ijber.20231205.11

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AMA Style

Rudy Budiatmaja. Relationship and Influence Four Components on Financial Distress in Non-Financial Sector Companies Listed on the IDX Period 2020-2022. Int J Bus Econ Res. 2023;12(5):162-167. doi: 10.11648/j.ijber.20231205.11

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@article{10.11648/j.ijber.20231205.11,
  author = {Rudy Budiatmaja},
  title = {Relationship and Influence Four Components on Financial Distress in Non-Financial Sector Companies Listed on the IDX Period 2020-2022},
  journal = {International Journal of Business and Economics Research},
  volume = {12},
  number = {5},
  pages = {162-167},
  doi = {10.11648/j.ijber.20231205.11},
  url = {https://doi.org/10.11648/j.ijber.20231205.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20231205.11},
  abstract = {The studies examine the four components of detecting financial misery for the duration of the covid-19 pandemic in non-financial sector businesses in indonesia with a 3-yr remark length, specifically 2020-2022. The populace consists of corporations operating within the non-economic sector which can be listed at the indonesian inventory alternate in 2020-2022 and have bad ebit for 3 consecutive years. The samples had been forty non-monetary organizations with a hundred and twenty observations the use of a focused sampling approach. The analysis method makes use of a multiple regression evaluation with secondary statistics on the organization's economic statements. The results of the research tested concluded that the variables sales increase and leverage ratio have no relation and no impact on economic distress, whilst the liquidity ratio and general asset turnover have no relation and no effect on monetary distress. The complete wealth turnover has a positive effect on the economic distress. The very last end is that the company wishes to boom sales increase and debt-to-equity ratios. The better the overall asset turnover and the liquidity ratio, the decrease the monetary burden will be.
},
 year = {2023}
}

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TY  - JOUR
T1  - Relationship and Influence Four Components on Financial Distress in Non-Financial Sector Companies Listed on the IDX Period 2020-2022
AU  - Rudy Budiatmaja
Y1  - 2023/10/28
PY  - 2023
N1  - https://doi.org/10.11648/j.ijber.20231205.11
DO  - 10.11648/j.ijber.20231205.11
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 162
EP  - 167
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20231205.11
AB  - The studies examine the four components of detecting financial misery for the duration of the covid-19 pandemic in non-financial sector businesses in indonesia with a 3-yr remark length, specifically 2020-2022. The populace consists of corporations operating within the non-economic sector which can be listed at the indonesian inventory alternate in 2020-2022 and have bad ebit for 3 consecutive years. The samples had been forty non-monetary organizations with a hundred and twenty observations the use of a focused sampling approach. The analysis method makes use of a multiple regression evaluation with secondary statistics on the organization's economic statements. The results of the research tested concluded that the variables sales increase and leverage ratio have no relation and no impact on economic distress, whilst the liquidity ratio and general asset turnover have no relation and no effect on monetary distress. The complete wealth turnover has a positive effect on the economic distress. The very last end is that the company wishes to boom sales increase and debt-to-equity ratios. The better the overall asset turnover and the liquidity ratio, the decrease the monetary burden will be.

VL  - 12
IS  - 5
ER  -

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Author Information

Rudy Budiatmaja

Management and Accounting, Esa Unggul University, Jakarta, Indonesia

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Plain Text BibTeX RIS

APA Style

Rudy Budiatmaja. (2023). Relationship and Influence Four Components on Financial Distress in Non-Financial Sector Companies Listed on the IDX Period 2020-2022. International Journal of Business and Economics Research, 12(5), 162-167. https://doi.org/10.11648/j.ijber.20231205.11

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ACS Style

Rudy Budiatmaja. Relationship and Influence Four Components on Financial Distress in Non-Financial Sector Companies Listed on the IDX Period 2020-2022. Int. J. Bus. Econ. Res. 2023, 12(5), 162-167. doi: 10.11648/j.ijber.20231205.11

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AMA Style

Rudy Budiatmaja. Relationship and Influence Four Components on Financial Distress in Non-Financial Sector Companies Listed on the IDX Period 2020-2022. Int J Bus Econ Res. 2023;12(5):162-167. doi: 10.11648/j.ijber.20231205.11

Copy | Download

@article{10.11648/j.ijber.20231205.11,
  author = {Rudy Budiatmaja},
  title = {Relationship and Influence Four Components on Financial Distress in Non-Financial Sector Companies Listed on the IDX Period 2020-2022},
  journal = {International Journal of Business and Economics Research},
  volume = {12},
  number = {5},
  pages = {162-167},
  doi = {10.11648/j.ijber.20231205.11},
  url = {https://doi.org/10.11648/j.ijber.20231205.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20231205.11},
  abstract = {The studies examine the four components of detecting financial misery for the duration of the covid-19 pandemic in non-financial sector businesses in indonesia with a 3-yr remark length, specifically 2020-2022. The populace consists of corporations operating within the non-economic sector which can be listed at the indonesian inventory alternate in 2020-2022 and have bad ebit for 3 consecutive years. The samples had been forty non-monetary organizations with a hundred and twenty observations the use of a focused sampling approach. The analysis method makes use of a multiple regression evaluation with secondary statistics on the organization's economic statements. The results of the research tested concluded that the variables sales increase and leverage ratio have no relation and no impact on economic distress, whilst the liquidity ratio and general asset turnover have no relation and no effect on monetary distress. The complete wealth turnover has a positive effect on the economic distress. The very last end is that the company wishes to boom sales increase and debt-to-equity ratios. The better the overall asset turnover and the liquidity ratio, the decrease the monetary burden will be.
},
 year = {2023}
}

Copy | Download

TY  - JOUR
T1  - Relationship and Influence Four Components on Financial Distress in Non-Financial Sector Companies Listed on the IDX Period 2020-2022
AU  - Rudy Budiatmaja
Y1  - 2023/10/28
PY  - 2023
N1  - https://doi.org/10.11648/j.ijber.20231205.11
DO  - 10.11648/j.ijber.20231205.11
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 162
EP  - 167
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20231205.11
AB  - The studies examine the four components of detecting financial misery for the duration of the covid-19 pandemic in non-financial sector businesses in indonesia with a 3-yr remark length, specifically 2020-2022. The populace consists of corporations operating within the non-economic sector which can be listed at the indonesian inventory alternate in 2020-2022 and have bad ebit for 3 consecutive years. The samples had been forty non-monetary organizations with a hundred and twenty observations the use of a focused sampling approach. The analysis method makes use of a multiple regression evaluation with secondary statistics on the organization's economic statements. The results of the research tested concluded that the variables sales increase and leverage ratio have no relation and no impact on economic distress, whilst the liquidity ratio and general asset turnover have no relation and no effect on monetary distress. The complete wealth turnover has a positive effect on the economic distress. The very last end is that the company wishes to boom sales increase and debt-to-equity ratios. The better the overall asset turnover and the liquidity ratio, the decrease the monetary burden will be.

VL  - 12
IS  - 5
ER  -

Copy | Download