PENGARUH PROFITABILITAS, LIKUIDITAS, DAN LEVERAGE DALAM MEMPREDIKSI FINANCIAL DISTRESS

Abstract

Financial distress is a condution where the company’s finance are in bad condition or crisis. It can happen to all
kind of companies. Whether large, medium, or small. This research aimed to examine the effect of profitability,
likuidity, and leverage on financial distress of property and real estate companies which were listed on indonesia
stock excharge. The population was property and real estate companies which were listed on indonesia stock
exchange 2015-2017. While, the data collection tecnique used purposive sampling, in which the sample was
based on criteria given. In line with, there were 20 companies as sample furthemore, the data analysis tecnique
used multiple linear regression with SPSS 22. The research result showed liquidity did not affect financial
distress. It meant, the faster or the slower companies pay their debt obligations, their financial distress would not
be affected. On the other hand, the lower financial distress wouldbe. Likewise, leverage had affected financial
distress. In other words, when the companies pay their debt obligations in the log run, the lower the financial
distress would be.
Keywords : financial distress, profitability, liquidity, leverage