PENGARUH RASIO LIKUIDITAS, RASIO LEVERAGE DAN RASIO PROFITABILITAS TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN MANUFAKTUR

Abstract

This study aims to examine the effect of the Current Ratio, Debt to Asset Ratio and Return On Asset variables on the Financial Distress variable. Samples in this study were 79 companies obtained through purposive sampling method with a research period of 2015-2017. The data analysis technique used in this study is the logistic regression analysis technique. The analysis shows that Current Ratio and Return On Assets have a negative effect on Financial Distress. While Debt to Asset Ratio has no effect on Financial Distress in manufacturing companies listed on the Indonesia Stock Exchange in the 2015-2017 period.