THE EFFECT OF RETURN ON ASSETS AND CURRENT RATIO ON FINANCIAL DISTRESS USING THE SPRINGATE METHOD IN TECHNOLOGY COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2019-2021

Authors

  • Viona Lavidya Department of Management & Jaya Launch Pad Pembangunan Jaya University, Indonesia
  • Zulkifli Zulkifli Department of Management & Jaya Launch Pad Pembangunan Jaya University, Indonesia

DOI:

https://doi.org/10.56442/rttm.v1i3.29

Keywords:

Return on Assets (ROA), Current Ratio (CR), and Financial Distress (FD).

Abstract

This study aims to influence Return on Assets (ROA) and Current Ratio (CR) on Financial Distress in technology companies listed on the Indonesia Stock Exchange. The population of this study amounted to twenty six companies. The sampling technique using purposive sampling method obtained six companies. The research results prove that ROA has no significant effect on Financial Distress. Meanwhile, CR has a positive and significant effect on Financial Distress in technology companies listed on the Indonesia Stock Exchange.

Author Biography

Zulkifli Zulkifli, Department of Management & Jaya Launch Pad Pembangunan Jaya University, Indonesia

 

 

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Published

2023-07-15

How to Cite

Lavidya, V., & Zulkifli, Z. (2023). THE EFFECT OF RETURN ON ASSETS AND CURRENT RATIO ON FINANCIAL DISTRESS USING THE SPRINGATE METHOD IN TECHNOLOGY COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2019-2021. Research Trend in Technology and Management, 1(3), 188–195. https://doi.org/10.56442/rttm.v1i3.29

Issue

Vol. 1 No. 3 (2023): Research Trend in Technology and Management

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.