Vol 10, No 4 (2022)
Prediction of Company Financial Distress in Indonesia Using Fundamental and Intellectual Capital Analysis
Yuni Sukandani, Siti Istikhoroh, Mutiara Rachma Ardhiani, Untung Lasiyono, Taudlikhul Afkar
Abstract
The purpose of this study is to predict the financial distress of Indonesian companies. Financial indcators such as current ratios, debt to equity, return on assets, and sales growth are used as independent variables. In addition to financial ratios, intellectual capital is also used to forecast financial distress. The results of this study show that current ratio, return on assets, and intellectual capital have a negative impact on financial distress, and that debt to equity has a positive impact on financial distress, while sales growth has an impact on financial distress.
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Keywords
Financial Distress; Intellectual Capital; Financial Ratios.
Publication information
Volume 10, Issue 4
Year of Publication: 2022
ISSN: 1857 - 8721
Publisher: EDNOTERA
How to cite
Sukandani, Y., Istikhoroh, S., Ardhiani, M.R., Lasiyono, U., Afkar, T. : Prediction of Company Financial Distress in Indonesia Using Fundamental and Intellectual Capital Analysis. Journal of Applied Economics and Business, Vol 10, No. 4, 5-15. (2022)