Pengaruh Rasio Likuiditas, Rasio Leverage, Dan Arus Kas Terhadap Financial Distress (Studi Pada Perusahaan Property And Real Estate Yang Terdaftar Di Bursa Efek Indonesia Periode 2017-2020)

Abstract

Abstract

 

This study was conducted to examine the effect of the variables Liquidity Ratio, Leverage Ratio, Cash Flow on Financial Distress in Property and Real Estate Companies listed on the Indonesia Stock Exchange for the 2017-2020 period. The population in this study is 65 Property and Real Estate companies that have been and are still listed on the Indonesia stock exchange for the 2017-2020 period. The sampling technique used is purposive sampling and obtained as many as 28 Property and Real Estate companies listed on the Indonesia Stock Exchange for the 2017-2020 period. The data analyzed using multiple linear regression. In this study, using the SPSS 25 software. Methods in data analysis using the normal test, classical assumption test, multiple linear regression analysis, hypothesis test and coefficient of determination (R2). The results showed that Liquidity Ratio had a positive and significant on Financial Distress. Leverage Ratio have a negative and significant effect on Financial Distress. Cash Flow have a positive and no significant on Financial Distress.

 

Keyword : Liquidity Raio, Leverage Ratio, Cash Flow, Financial Distress