Pengaruh Profitabilitas, Likuiditas, Leverage Dan Arus Kas Terhadap Kondisi Financial Distress Pada Perusahaan Manufaktur Yang Terdaftar Di Bei Tahun 2013-2015

Abstract

This study aimed to examine the effect of profitability, as measured by return on asset, liquidity as measured by current ratio, leverage as measured by debt ratio and cash flow as measured by cash flow from operating activities in predicting financial distress in a variety of industrial companies listed on the Indonesia Stock Exchange (IDX ). This study considered the causative research. The population in this study are all various manufacture companies listed on the Stock Exchange in 2013 until 2015. While the sample was determined by the method of purposive sampling to obtain a sample of 420 companies. Types of data used is secondary data obtained from www.idx.co.id. The method of analysis used is logistic regression analysis.