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
Kode Jurnal: jpakuntansidd090036
