Analisis Rasio Keuangan untuk Memprediksi Financial Distress pada Perusahaan Jasa Subsektor Hotel, Restoran, Pariwisata, dan Transportasi
Daftar Isi:
- Financial distress is a company condition, in terms of capital, both cash and non-cash, there is financial difficulty or a situation where the company is unable to meet its obligations that are due. Financial distress can be identified by analyzing company performance. This study aims to determine the effect of profitability ratio, liquidity ratio, activity ratio, leverage ratio, and sales growth ratio in predicting a company's financial distress. This study uses secondary data from financial reports for the 2014-2019 period in the hotel, restaurant, tourism, and transportation sub-sector service companies listed on the Indonesia Stock Exchange (BEI). The data were processed using SPSS 25 to see the effect of the independent variables on the dependent variable. The results show that the profitability ratio, liquidity ratio, activity ratio, and growth ratio are influential in predicting financial distress, while the leverage ratio has no effect in predicting financial distress. Keywords: Profitability Ratio, Liquidity Ratio, Activity Ratio, Leverage Ratio, Growth Ratio, and Financial Distress.