DETERMINATION OF PROFITABILITY, LIQUIDITY, LEVERAGE , AND COMPANY SIZE ON FINANCIAL DISTRESS
Abstract
This study aims to determine the determination of profitability, liquidity, leverage, and company size on financial distress . The population in this study was 48 out of 12 transportation sector companies listed on the Indonesia Stock Exchange in 2020-2023 . This study is a quantitative study with a sample of 44 obtained through purposive sampling method . The analysis method used is multiple linear regression analysis with SPSS 25. The results of the study partially indicate that the profitability and company size variables have a significant positive effect on financial distress , while the liquidity and leverage variables have a negative and significant effect on financial distress . Simultaneously, the variables of profitability, liquidity, leverage and company size in this study have an effect on the financial distress of transportation companies.