Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)

The Effect of Sales Growth, Profitability, Liquidity, and Operating Cash Flow in Predicting Financial Distress During the Covid-19 Pandemic

(Empirical Study of Property, Real Estate, and Construction Companies on the IDX for the 2019–2021 Period)

Authors
Yuli Tri Cahyono1, *, Nurul Hidayanti1
1Faculty of Economics and Business, Universitas Muhammadiyah Surakarta, Surakarta, Indonesia
*Corresponding author. Email: ytc115@ums.ac.id
Corresponding Author
Yuli Tri Cahyono
Available Online 4 October 2023.
DOI
10.2991/978-94-6463-204-0_68How to use a DOI?
Keywords
Sales Growth; Profitability; Liquidity; Operating Cash Flow; Financial Distress
Abstract

This research aims to determine the effect of sales growth, profitability, liquidity, and operating cash flow in predicting financial distress during the covid-19 pandemic. The population in this research are all property, real estate, and construction companies listed on the Indonesia Stock Exchange in 2019–2021. The purposive sampling method is used in the sampling technique. Samples that meet the criteria are 44 companies with a total of 132 data for three years of observation. Data analysis used logistic regression with the help of the SPSS program. The results show that sales growth and profitability have an effect, while liquidity and operating cash flow have no impact in predicting financial distress conditions.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2023
ISBN
10.2991/978-94-6463-204-0_68
ISSN
2352-5428
DOI
10.2991/978-94-6463-204-0_68How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Yuli Tri Cahyono
AU  - Nurul Hidayanti
PY  - 2023
DA  - 2023/10/04
TI  - The Effect of Sales Growth, Profitability, Liquidity, and Operating Cash Flow in Predicting Financial Distress During the Covid-19 Pandemic
BT  - Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
PB  - Atlantis Press
SP  - 824
EP  - 837
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-204-0_68
DO  - 10.2991/978-94-6463-204-0_68
ID  - Cahyono2023
ER  -