PENGARUH RASIO KEUANGAN TERHADAP KONDISI FINANCIAL DISTRESS PERUSAHAAN OTOMOTIF
Abstrak: Financial
distress is phase of degradation of condition of company's finance that
happened before the happening of bankruptcy or liquidation. Financial distress
condition happens before bankruptcy. This condition can be predicted using
models that have developed by many researchers. The purpose of this research is
to examine financial ratios that affect financial distress on automotive
industries. The sample of this research consists of 49 non distress firms and 6
distress firms, it is chosen by purposive sampling. The statistic method which
is used to test on the research hipotesis is logistic regression. The result of
this research shows that liquidity ratio (current asset-inventory/current
liabilities) and profitability ratio (net income/total asset) affect financial
distress.
Keywords: Financial
distress, financial ratios, automotive firm
Penulis: WAHYU
WIDARJO dan DODDY SETIAWAN (Universitas Sebelas Maret)
Kode Jurnal: jpakuntansidd090001
