Analisis Faktor Faktor yang Mempengaruhi Financial Distress Score pada Perusahaan Teknologi Makanan dan Minuman yang Terdaftar pada Bursa Efek Indonesia Periode 2018-2022

Abstract

Financial distress is a stage of decline in financial conditions that occurs before the bankruptcy or liquidation phase. Many factors influence financial distress, including sales growth, profitability, leverage, firm's size, tangibility and current ratio. This research is a quantitative study which aims to analyze the influence of sales growth, profitability, leverage, firm's size, tangibility and cash ratio on Financial Distress Score. The research population is 16 food and beverage technology companies listed on the IDX for the 2018-2022 period while the research sample is 16 x 5 = 80 issuers. The data collection method uses documentation studies and data analysis using multiple linear regression tests. The research results show that sales growth partially has a significant negative influence on Score Financial Distress. Profitability partially has a significant negative influence on Financial Distress Score. Leverage partially has a significant negative influence on Financial Distress Score. Firms size partially has a significant negative influence on Financial Distress. Tangibility partially has a significant negative influence on Financial Distress Score. The current ratio partially has a significant negative influence on Financial Distress Score.