RASIO KEUANGAN DAN KEMUNGKINAN GAGAL BAYAR DENGAN METODE KMV MERTON PADA PERUSAHAAN NON KEUANGAN DI BURSA EFEK INDONESIA [FINANCIAL RATIOS AND THE POSSIBILITY OF DEFAULT USING THE KMV MERTON METHOD IN NON-FINANCIAL COMPANIES ON THE INDONESIA STOCK EXCHANGE]

The purpose of this research is to analyze the influence of financial ratios (Return on Equity, Current Ratio, Debt to Equity Ratio, Total Assets Turnover) in predicting the probability of default. The samples in this study were 22 companies. Data was collected using library study methods and docume...

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Main Authors: Dessy Malasari, Mohamad Adam, Yuliani Yuliani, Agustina Hanafi
Format: Article
Language:English
Published: Universitas Pelita Harapan 2020-05-01
Series:DeReMa (Development Research of Management): Jurnal Manajemen
Subjects:
Online Access:https://ojs.uph.edu/index.php/DJM/article/view/1764
id doaj-318e809150404ea89260de39af35481b
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spelling doaj-318e809150404ea89260de39af35481b2020-11-25T03:10:42ZengUniversitas Pelita HarapanDeReMa (Development Research of Management): Jurnal Manajemen1907-08532476-955X2020-05-0115112013510.19166/derema.v15i1.1764805RASIO KEUANGAN DAN KEMUNGKINAN GAGAL BAYAR DENGAN METODE KMV MERTON PADA PERUSAHAAN NON KEUANGAN DI BURSA EFEK INDONESIA [FINANCIAL RATIOS AND THE POSSIBILITY OF DEFAULT USING THE KMV MERTON METHOD IN NON-FINANCIAL COMPANIES ON THE INDONESIA STOCK EXCHANGE]Dessy Malasari0Mohamad Adam1Yuliani Yuliani2Agustina Hanafi3Sriwijaya UniversitySriwijaya UniversitySriwijaya UniversitySriwijaya UniversityThe purpose of this research is to analyze the influence of financial ratios (Return on Equity, Current Ratio, Debt to Equity Ratio, Total Assets Turnover) in predicting the probability of default. The samples in this study were 22 companies. Data was collected using library study methods and documentation which were analyzed using the Eviews program. The results of the research obtained are as follows: (1) Return on Equity (ROE) affects negatively the probability of default, (2) Current Ratio (CR) does not affect the probability of default, (3) Debt to Equity Ratio (DER) affects positively the probability of default, (4) Total Assets Turnover (TAT) affects negatively the probability of default. Abstrak dalam Bahasa Indonesia Tujuan dari penelitian ini adalah untuk menganalisis pengaruh antara rasio keuangan (Return on Equity, Current Ratio, Debt to Equity Ratio, Total Assets Turnover) dalam memprediksi kemungkinan gagal bayar (probabilitas default). Jumlah sampel dalam penelitian ini adalah 22 perusahaan. Data dikumpulkan dengan menggunakan metode studi pustaka dan dokumentasi yang kemudian dianalisis menggunakan program Eviews. Hasil penelitian yang diperoleh adalah sebagai berikut: (1) Return on Equity (ROE) berpengaruh negatif terhadap kemungkinan gagal bayar, (2) Current Ratio (CR) tidak berpengaruh terhadap kemungkinan gagal bayar, (3) Debt to Equity Ratio (DER) berpengaruh positif terhadap kemungkinan gagal bayar (4) Total Assets Turnover (TAT) berpengaruh negatif terhadap kemungkinan gagal bayarhttps://ojs.uph.edu/index.php/DJM/article/view/1764probability of defaultkmv mertonrasio keuangan, bursa efek indonesia
collection DOAJ
language English
format Article
sources DOAJ
author Dessy Malasari
Mohamad Adam
Yuliani Yuliani
Agustina Hanafi
spellingShingle Dessy Malasari
Mohamad Adam
Yuliani Yuliani
Agustina Hanafi
RASIO KEUANGAN DAN KEMUNGKINAN GAGAL BAYAR DENGAN METODE KMV MERTON PADA PERUSAHAAN NON KEUANGAN DI BURSA EFEK INDONESIA [FINANCIAL RATIOS AND THE POSSIBILITY OF DEFAULT USING THE KMV MERTON METHOD IN NON-FINANCIAL COMPANIES ON THE INDONESIA STOCK EXCHANGE]
DeReMa (Development Research of Management): Jurnal Manajemen
probability of default
kmv merton
rasio keuangan, bursa efek indonesia
author_facet Dessy Malasari
Mohamad Adam
Yuliani Yuliani
Agustina Hanafi
author_sort Dessy Malasari
title RASIO KEUANGAN DAN KEMUNGKINAN GAGAL BAYAR DENGAN METODE KMV MERTON PADA PERUSAHAAN NON KEUANGAN DI BURSA EFEK INDONESIA [FINANCIAL RATIOS AND THE POSSIBILITY OF DEFAULT USING THE KMV MERTON METHOD IN NON-FINANCIAL COMPANIES ON THE INDONESIA STOCK EXCHANGE]
title_short RASIO KEUANGAN DAN KEMUNGKINAN GAGAL BAYAR DENGAN METODE KMV MERTON PADA PERUSAHAAN NON KEUANGAN DI BURSA EFEK INDONESIA [FINANCIAL RATIOS AND THE POSSIBILITY OF DEFAULT USING THE KMV MERTON METHOD IN NON-FINANCIAL COMPANIES ON THE INDONESIA STOCK EXCHANGE]
title_full RASIO KEUANGAN DAN KEMUNGKINAN GAGAL BAYAR DENGAN METODE KMV MERTON PADA PERUSAHAAN NON KEUANGAN DI BURSA EFEK INDONESIA [FINANCIAL RATIOS AND THE POSSIBILITY OF DEFAULT USING THE KMV MERTON METHOD IN NON-FINANCIAL COMPANIES ON THE INDONESIA STOCK EXCHANGE]
title_fullStr RASIO KEUANGAN DAN KEMUNGKINAN GAGAL BAYAR DENGAN METODE KMV MERTON PADA PERUSAHAAN NON KEUANGAN DI BURSA EFEK INDONESIA [FINANCIAL RATIOS AND THE POSSIBILITY OF DEFAULT USING THE KMV MERTON METHOD IN NON-FINANCIAL COMPANIES ON THE INDONESIA STOCK EXCHANGE]
title_full_unstemmed RASIO KEUANGAN DAN KEMUNGKINAN GAGAL BAYAR DENGAN METODE KMV MERTON PADA PERUSAHAAN NON KEUANGAN DI BURSA EFEK INDONESIA [FINANCIAL RATIOS AND THE POSSIBILITY OF DEFAULT USING THE KMV MERTON METHOD IN NON-FINANCIAL COMPANIES ON THE INDONESIA STOCK EXCHANGE]
title_sort rasio keuangan dan kemungkinan gagal bayar dengan metode kmv merton pada perusahaan non keuangan di bursa efek indonesia [financial ratios and the possibility of default using the kmv merton method in non-financial companies on the indonesia stock exchange]
publisher Universitas Pelita Harapan
series DeReMa (Development Research of Management): Jurnal Manajemen
issn 1907-0853
2476-955X
publishDate 2020-05-01
description The purpose of this research is to analyze the influence of financial ratios (Return on Equity, Current Ratio, Debt to Equity Ratio, Total Assets Turnover) in predicting the probability of default. The samples in this study were 22 companies. Data was collected using library study methods and documentation which were analyzed using the Eviews program. The results of the research obtained are as follows: (1) Return on Equity (ROE) affects negatively the probability of default, (2) Current Ratio (CR) does not affect the probability of default, (3) Debt to Equity Ratio (DER) affects positively the probability of default, (4) Total Assets Turnover (TAT) affects negatively the probability of default. Abstrak dalam Bahasa Indonesia Tujuan dari penelitian ini adalah untuk menganalisis pengaruh antara rasio keuangan (Return on Equity, Current Ratio, Debt to Equity Ratio, Total Assets Turnover) dalam memprediksi kemungkinan gagal bayar (probabilitas default). Jumlah sampel dalam penelitian ini adalah 22 perusahaan. Data dikumpulkan dengan menggunakan metode studi pustaka dan dokumentasi yang kemudian dianalisis menggunakan program Eviews. Hasil penelitian yang diperoleh adalah sebagai berikut: (1) Return on Equity (ROE) berpengaruh negatif terhadap kemungkinan gagal bayar, (2) Current Ratio (CR) tidak berpengaruh terhadap kemungkinan gagal bayar, (3) Debt to Equity Ratio (DER) berpengaruh positif terhadap kemungkinan gagal bayar (4) Total Assets Turnover (TAT) berpengaruh negatif terhadap kemungkinan gagal bayar
topic probability of default
kmv merton
rasio keuangan, bursa efek indonesia
url https://ojs.uph.edu/index.php/DJM/article/view/1764
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