RETURN ON ASSETS (ROA), DEBT TO ASSET RATIO (DAR), AND CURRENT RATIO (CR) ON FINANCIAL DISTRESS IN FOOD AND BEVERAGE COMPANIES LISTED ON THE INDONESIAN BURSA EFEK (BEI) PERIOD 2020-2022

  • Nita Ayu Wulandari Islamic University Of Kadiri, Kediri
  • Nur Hidayati Islamic University Of Kadiri, Kediri
  • Udik Jatmiko Islamic University Of Kadiri, Kediri
DOI: https://doi.org/10.32503/ammer.v4i01.5379

Abstract

This study was conducted to determine the effect of Return On Asset (ROA), Debt to Asset Ratio (DAR), and Current Ratio (CR) on financial distress in food and beverage companies listed on the Indonesia Stock Exchange (IDX) for the period 2020-2022. This research method uses descriptive quantitative with a population of 33 companies. Data collection using secondary data with purposive sampling technique resulted in a sample of 15 companies with a total of 45 annual financial reports of the company. The analysis technique used is statistical analysis technique which is processed using Eviews 10 tools. The results of this study state that Return On Asset (ROA) and Current Ratio (CR) partially have a significant effect on financial distress. However, Debt to Asset Ratio (DAR) has no significant effect on financial distress

Published
2024-05-31
How to Cite
WULANDARI, Nita Ayu; HIDAYATI, Nur; JATMIKO, Udik. RETURN ON ASSETS (ROA), DEBT TO ASSET RATIO (DAR), AND CURRENT RATIO (CR) ON FINANCIAL DISTRESS IN FOOD AND BEVERAGE COMPANIES LISTED ON THE INDONESIAN BURSA EFEK (BEI) PERIOD 2020-2022. AMMER : JOURNAL OF ACADEMIC & MULTIDICIPLINE RESEARCH, [S.l.], v. 4, n. 01, p. 08 - 15, may 2024. ISSN 3032-1719. Available at: <https://ejournal.uniska-kediri.ac.id/index.php/ammer/article/view/5379>. Date accessed: 21 dec. 2024. doi: https://doi.org/10.32503/ammer.v4i01.5379.
Citation Formats
Issue
Vol 4 No 01 (2024): AMMER: ISSUE MAY 2024
Section
Articles