Proceedings of the First International Conference on Administration Science (ICAS 2019)

Solvability, Liquidity on Financial Distress (Case study on cable sub sector on IDX 2016-2017)

Authors
Darwin Simanjuntak, Francis M. Hutabarat
Corresponding Author
Darwin Simanjuntak
Available Online August 2019.
DOI
10.2991/icas-19.2019.10How to use a DOI?
Keywords
solvability; liquidity; financial distress
Abstract

The purpose of this study is to study the effect of solvency and liquidity on financial distress in the Cable Sub Sector in the Indonesia Stock Exchange. The population of this study is the pharmaceutical sub-sector company that is listed on the Indonesia Stock Exchange which is supported by 6 companies with an observation period of 2 years, namely in 2016-2017. The method used in this research is a descriptive method, with DTA, CR for independent variable and Altman model and Springate model for dependent variables. Descriptive analysis, significant test, regression linear analysis is used in the analysis data. The results showed that there was a significant relationship between Solvency and liquidity towards financial distress of Altman Model in the Cable Sub Sector in the Indonesia Stock Exchange seen a significant value of 0.000 <0.05.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

Volume Title
Proceedings of the First International Conference on Administration Science (ICAS 2019)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
August 2019
ISBN
978-94-6252-780-5
ISSN
2352-5398
DOI
10.2991/icas-19.2019.10How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Darwin Simanjuntak
AU  - Francis M. Hutabarat
PY  - 2019/08
DA  - 2019/08
TI  - Solvability, Liquidity on Financial Distress (Case study on cable sub sector on IDX 2016-2017)
BT  - Proceedings of the First International Conference on Administration Science (ICAS 2019)
PB  - Atlantis Press
SP  - 46
EP  - 48
SN  - 2352-5398
UR  - https://doi.org/10.2991/icas-19.2019.10
DO  - 10.2991/icas-19.2019.10
ID  - Simanjuntak2019/08
ER  -