PENGARUH RASIO KEUANGAN, RASIO PERTUMBUHAN DAN UKURAN PERUSAHAAN TERHADAP FINANCIAL DISTRESS

Abstract

Abstract

This study aims to examine the effect of financial rations (Current Ratio, Debt to Total Assets), Growth Ratios (Sales Growth), and Company Size on Financial Distress in retail trading and consumer goods industry companies listed on the Indonesian Stock Exchange. This This study uses secondary data obtained from the company's financial statements from 2015 to 2019. This study uses a sample of publicly traded companies experiencing financial distress in the retail trade sector and the consumer goods industry sector. Sample selection was done by purposive sampling technique. The analytical model used is logistic regression which is processed using SPSS 13.0 software. The results of this study indicate that the current ratio and firm size have a significant effect on financial distress, while debt to total assets and sales growth have no effect on financial distress. 

Keywords: Financial distress, current ratio, debt to to total asset, sales growth, company size