PENGARUH LABA, ARUS KAS, LIKUIDITAS, DAN LEVERAGE TERHADAP KONDISI FINANCIAL DISTRESS

Abstract

This research is aimed to determined the influence of profit, cash flow, liquidity, and leverage to the financial distress at the counsumer goods industry sector companies which are listed in the Indonesia Stock Exchange in 2014-2016 periods. This research is quantitative research type. The samples in this research have been obtained by using purposive sampling method in which the samples have been selected by using the predetermined criteria. The data is the secondary data that is the financial statement of the company. Based on the purposive sampling method, 96 samples have been selected from 32 consumer goods industry sector companies which are listed in Indonesia Stock Exchange in 2014-2016 periods. The analysis method has been done by using logistic regression analysis and 20th version SPSS program. The result of the research shows that profit gives negative influence to the condition of financial distress and leverage gives positive influence to the condition of financial distress. Meanwhile, cash flow and liquidity do not give influence to the condition of financial distres.
Keywords: Profit, Cash flow, Liquidity, Leverage, Financial Distress.