PENGARUH PROFIBILITAS, LIKUIDITAS DAN ARUS KAS TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN MANUFAKTUR SECTOR PAKAN DAN TERNAK YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE TAHUN 2014 – 2018

Abstract

Financial distress is a condition, in which financial companies are in an unhealthy state, but not facing the bankruptcy. Therefore, it is important for companies to identify financial distress beforehand as an evaluation and early warning. This study aims to determine, describe, and analyze the effect of profitability, liquidity and cash flow to financial distress at the company trade, agriculture that are listed in the Indonesia Stock Exchange period 2014-2018. The population in this study is all companies trade, agriculture of 2014, as many as 4 companies. While the sampling technique used in this research is purposive sampling, namely the technique of determining the sample with certain considerations, and may be as many as 4 companies. The analytical method usedin the study was logistic regression. The results showed that profitability, liquidity and cash flow affect to financial distress