ANALISIS RASIO KEUANGAN UNTUK MEMPREDIKSI KONDISI FINANCIAL DISTRESS PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

This study aims to analyze the influence of the current ratio, return on assets, and debt to equity ratio on Financial Distress condition of a company. This research used secondary data from annual reports on manufacturing firms listed in the Indonesia Stock Exchange (IDX) period 2009-2012. The samples of the study are 61 companies. The data analysis used in the study is logistic regression. The results of this study show that current ratio, return on assets, and debt to equity ratio can predict financial distress of the companies. The results also show that companies with high return on assets, have a little probability to get financial distress. Keywords: Financial distress, Current Ratio, Return on Assets, Debt to Equity Ratio