Pengaruh Rasio Keuangan terhadap Financial Distress (Studi Empiris pada Perusahaan Publik Sub Sektor Lembaga Pembiayaan yang Terdaftar di Bursa Efek Indonesia)

Abstract

This study aims to analyze the effect Financial Ratio on Financial Distress (Empirical Study on Public Companies Sub-Sector of Financing Institutions listed on the Indonesia Stock Exchange) This study uses secondary data that obtained from Indonesia Stock Exchange, and from the website of each companies by using a sample of 16 companies listed on the Indonesia Stock Exchange in 2017 – 2021. Sampling technique is done by using purposive sampling method. This study is analyzed by using linear regression method The result of this study is showing that Liquidity Ratio has a positive and significant effect on Financial Distress. While the variables of Solvency Ratio, Activity Ratio and Profitability Ratio have no effect on Financial Distress. Simultaneously, independent variables have an effect on the dependent variable significantly.