Pengaruh rasio keuangan terhadap kondisi financial distress pada perusahaan property yang terdaftar Di bei periode 2012-2016
Daftar Isi:
- Financial distress is financial difficulty experienced by the company prior to the bankruptcy or liquidation. The purpose of this research to examine financial ratios that affect financial distress condition of a firm effect of some of the financial ratios of four ratios are liquidity, profitability, financial leverage, and sales growth inventory turnover in predicting financial distress conditions in property companies listed on the stock securities indonesia. Population of this study is the property companies listed in the indonesia stock exchange from 2012-2016 period. Sample was determined through purposive sampling method of the criteria specified then selected 181 companies in the sample. This research use logistic regression as analysis tecnique. The resuts of the analysis indicate that the profitability, financial leverage, and sales growth is significant variable to determine of financial distress condition. Furthermen the liquidity ratio are not significant variables to determine of financial distress condition.