PENGARUH TOTAL ASSETS TURNOVER (TATO) DAN OPERATING PROFIT MARGIN (OPM) TERHADAP FINANCIAL DISTRESS PADA
PERUSAHAAN SUB SEKTOR TEKSTIL DAN GARMEN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2013-2017
Penulis:
Rena Rosmawaty
Pembimbing:
Mirza Hedismarlina Yuneline, ST., MBA., QWP
ABSTRAK
Penelitian ini bertujuan untuk mengetahui pengaruh Total Assets Turnover (TATO) dan Operating Profit Margin (OPM) terhadap Financial Distress pada perusahaan sub sektor tekstil dan garmen yang terdaftar di BEI periode 2013- 2017.
Metode yang digunakan dalam penelitian ini yaitu metode deskriptif dan verifikatif dengan menggunakan pendekatan kuantitatif. Data yang digunakan adalah data sekunder. Teknik analisis data dalam penelitian ini menggunakan uji analisis statistik deskriptif, uji asumsi klasik, analisis linier berganda, koefisien korelasi, koefisien determinasi, uji t, dan uji F.
Hasil penelitian ini menunjukkan bahwa secara parsial Total Assets Turnover (TATO) tidak berpengaruh dan tidak signifikan terhadap Financial Distress. Operating Profit Margin (OPM) berpengaruh positif dan signifikan terhadap Financial Distress. Secara simultan variabel Total Assets Turnover (TATO) dan Operating Profit Margin (OPM) berpengaruh signifikan terhadap Financial Distress. Kemampuan prediksi dari kedua variabel tersebut terhadap Financial Distress dilihat dari nilai R square sebesar 50,5% sedangkan sisanya 49,5% dipengaruhi oleh faktor lain yang tidak diteliti.
Kata Kunci: Total Assets Turnover (TATO), Operating Profit Margin (OPM), dan Financial Distress
THE EFFECT OF TOTAL ASSETS TURNOVER (TATO) AND OPERATING PROFIT MARGIN (OPM) TO FINANCIAL DISTRESS IN TEXTILE AND GARMENT SUB SECTOR COMPANIES LISTED IN INDONESIA STOCK
EXCHANGE PERIOD 2013-2017
Written by:
Rena Rosmawaty
Perceptor:
Mirza Hedismarlina Yuneline, ST., MBA., QWP
ABSTRACT
This study aims to determine the effect of Total Assets Turnover (TATO) and Operating Profit Margin (OPM) to Financial Distress in textile and garment sub-sector companies listed on the Indonesia Stock Exchange for the period 2013- 2017.
The method used in this research is descriptive and verification method using a quantitative approach. The data used is secondary data. The data analysis technique in this study uses descriptive statistical analysis test, classic assumption test, multiple linear analysis, correlation coefficient, determination coefficient, t test, and F test.
The results of this study indicate that partially Total Assets Turnover (TATO) has no effect and is not significant for Financial Distress. Operating Profit Margin (OPM) has a positive and significant effect on Financial Distress.
Simultaneously the Total Assets Turnover (TATO) and Operating Profit Margin (OPM) variables have a significant effect on Financial Distress. Predictive ability of the two variables on Financial Distress is seen from the R square value of 50,5% while the remaining 49,5% is influenced by other factors not examined.
Keywords: Total Assets Turnover (TATO), Operating Profit Margin (OPM), and Financial Distress
