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]

Dessy Malasari, Mohamad Adam, Yuliani Yuliani, Agustina Hanafi
2020 DeReMa (Development Research of Management): Jurnal Manajemen  
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 number of 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 negative the probability of default, (2)
more » ... default, (2) Current Ratio (CR) does not affect the probability of default, (3) Debt to Equity Ratio (DER) affects positive the probability of default, (4) Total Assets Turnover (TAT) affects negative the probability of default.
doi:10.19166/derema.v15i1.1764 fatcat:7ps6elxgu5hbrmice5uvwcmvz4