Institusion
Universitas Pembangunan Nasional Veteran Jakarta
Author
Muhamad Fatikh Satrio Ardi, .
Subject
HG Finance
Datestamp
2022-01-14 08:07:57
Abstract :
This research is using quantitative study aimed to see the influence of
liquidity, leverage, and profitability on financial distress. This research using
textile and garment company that listed in Indonesian Stock Exchange as sample.
The dependent variable in this study is financial distress and the independent
variable in this study is liquidity that measured by current ratio, leverage that
measured by debt to total asset ratio and profitability that measured by return on
asset ratio. The sampling method in this study is using purposive sampling method.
The sample used in this study is 17 Textile and garment company. The type of data
used on this study is secondary data. This study is using Regression Logistic
Analisys to testing the hypothesis. The result on this research is there are no
influence of Leverage and Profitability to financial distress, and there is negative
influence of Liquidity to financial distress.