PENGARUH PROFITABILITAS DAN LEVERAGE TERHADAP FINANCIAL DISTRESS PADA INDUSTRI PERTAMBANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2016-2020

Dewi Rahmah Kartika Tsani, Dewi Rahmah Kartika Tsani (2022) PENGARUH PROFITABILITAS DAN LEVERAGE TERHADAP FINANCIAL DISTRESS PADA INDUSTRI PERTAMBANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2016-2020. skripsi thesis, Universitas Batanghari.

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Abstract

ABSTRACT (DEWI RAHMAH KARTIKA TSANI / 1800861201208 / “The Effect of Profitability and Leverage on Financial Distress in the Mining Industry Listed on the Indonesian Stock Exchange for the 2016-2020 Period” / Supervisor I Dr.Hj Arna Suryani, SE, M Ak., CA / Supervisor II Mufidah, SE., M.Si). Financial distress is the stage of decline in the company's financial condition that occurred before bankruptcy, there are several factors that can affect financial distress. Based on these circumstances, this study aims to analyze how much influence profitability and leverage have on financial distress in the mining industry listed on the Indonesian stock exchange for the 2016-2020 period. This study uses quantitative analysis methods and the type of data used is secondary data obtained from website. the analytical tool used in this research is multiple linear regression analysis, classical assumption test, hypothesis test and coefficient of determination. The sample used in this study is a coal company listed on the Indonesian Stock Exchange in 2016-2020. The object of this research is profitability and leverage which are thought to affect financial distress in mining companies. In this study based on sampling criteria, there are 7 companies that are used as research samples, namely PT. Atlas Resources Tbk, PT. Indika Energy Tbk, PT Bumi Resources Tbk, PT Delta Dunia Makmur Tbk, PT Dian Swastika Sentosa Tbk, PT Garda Tujuh Buana Tbk, and PT Resources Alam Indonesia Tbk. There is a significant effect between the variables Return on Equity, Net Profit Margin, Debt to Asset Ratio, and Time Interest Earned Ratio together on financial distress. where the Fcount value of 10.449 is obtained and this value will be comared with Ftable of 2.69 which means Fcount > Ftable, wich is 10.449> 2.69 and a significant value of 0.000 means a significant value < 0,05. The results of the study found that there was a partial negative effect of Debt to Asset Ratio on financial distress, this is evidenced by the value of tcount > ttable that is 3.117 > 2.042, there was also a partial negative effect of Time Interest Earned Ratio on financial distress, this is evidenced by the value of tcount > ttable that is 3.997 > 2.042. based on the result of the study it can be concluded that financial distress is influenced by leverage that is Debt to Asset Ratio an

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